SALE AND REDEMPTION OF SHARES OF THE TRUST. 3.1 The Trust, during the term of this Agreement, shall sell shares of each available Fund that the Company orders on behalf of each Account, based on transactions under Contracts or Policies, at net asset value as set forth in the Trust's Prospectus and Statement of Additional Information, as amended and in effect from time to time (collectively, the "Prospectus"), and upon the terms and conditions set forth below.
Appears in 6 contracts
Samples: Service Agreement (Usaa Life Investment Trust), Underwriting and Administrative Services Agreement (Separate Account of Usaa Life Insurance Co), Underwriting and Administrative Services Agreement (Separate Account of Usaa Life Insurance Co)