Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. Boston time on the next following Business Day. "
Appears in 33 contracts
Samples: Participation Agreement (Travelers Fund Ul Ii for Variable Life Insurance), Participation Agreement (PFL Variable Life Account A), Participation Agreement (Life of Virginia Separate Account Ii)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 9:00 a.m. Boston time on the next following Business Day. "
Appears in 31 contracts
Samples: Participation Agreement (Principal Life Insurance Co Variable Life Sep Account), Participation Agreement (Coli Vul 2 Series Account), Participation Agreement (Hamilton Alexander Variable Annuity Separate Account)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 10:00 a.m. Boston time on the next following Business Day. "
Appears in 12 contracts
Samples: Participation Agreement (JPF Variable Annuity Separate Account), Participation Agreement (Companion Life Separate Account B), Participation Agreement (JPF Separate Account C of Jefferson Pilot Financial Ins Co)
Sale of Fund Shares. 1.1. 1.1 The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1., the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 10:00 a.m. Boston time on the next following Business Day. "
Appears in 8 contracts
Samples: Participation Agreement (American National Variable Life Separate Account), Participation Agreement (American National Variable Annuity Separate Account), Participation Agreement (American National Variable Life Separate Account)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 11:00 a.m. Boston time on the next following Business Day. "
Appears in 7 contracts
Samples: Participation Agreement (Sun Life of Canada U S Variable Account G), Participation Agreement (Canada Life of America Variable Annuity Account 1), Participation Agreement (Fkla Variable Separate Account)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by of the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 9:00 a.m. Boston time on the next following Business Day. "
Appears in 7 contracts
Samples: Participation Agreement (Aul American Individual Variable Annuity Unit Trust), Participation Agreement (Aul American Individual Variable Annuity Unit Trust), Participation Agreement (Aul American Individual Variable Life Unit Trust)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. 9.00 am. Boston time on the next following Business Day. "
Appears in 6 contracts
Samples: Participation Agreement (Aul American Individual Variable Annuity Unit Trust), Participation Agreement (Aul American Individual Variable Life Unit Trust), Participation Agreement (Aul American Individual Variable Annuity Unit Trust)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 9:00 a.m. Boston time on the next following Business Day. "β
Appears in 6 contracts
Samples: Participation Agreement (MML Bay State Variable Life Separate Account I), Participation Agreement (C M Life Variable Life Separate Account I), Participation Agreement (ALAC Separate Account 1)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 9:00 a.m. Boston time on the next following Business Day. ".
Appears in 5 contracts
Samples: Participation Agreement (First Ameritas Variable Life Separate Account), Participation Agreement (Ameritas Life Insurance Corp Separate Account LLVL), Participation Agreement (Mutual of America Separate Account 3)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account Accounts orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account the Accounts and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. Boston time on the next following Business Day. "
Appears in 4 contracts
Samples: Participation Agreement (Nationwide VL Separate Account-G), Participation Agreement (PFL Retirement Builder Variable Annuity Account), Participation Agreement (Fidelity Variable Annuity Account /Ia/)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 11:00 a.m. Boston time on the next following Business Day. "β
Appears in 4 contracts
Samples: Participation Agreement (Massachusetts Mutual Variable Life Separate Account I), Participation Agreement (Chase Variable Annuity Separate Account), Participation Agreement (Chase Variable Annuity Separate Account)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. Boston time on the next following Business Day. ".
Appears in 3 contracts
Samples: Participation Agreement (First Penn Pacific Variable Life Insurance Separate Account), Participation Agreement (First Penn Pacific Variable Life Insurance Separate Account), Participation Agreement (First Penn Pacific Variable Life Insurance Separate Account)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 10:00 a.m. Boston time on the next following Business Day. The Company agrees that all order for the purchase and redemption of Fund shares on behalf of the Accounts will be placed by the Company with the Funds or their transfer agent by electronic transmission. "
Appears in 3 contracts
Samples: Participation Agreement (Ids Life Variable Life Separate Account), Participation Agreement (Ids Life Variable Life Separate Account), Participation Agreement (American Enterprise Variable Annuity Account)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily dally basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 10:00 a.m. Boston time on the next following Business Day. "
Appears in 2 contracts
Samples: Participation Agreement (Companion Life Separate Account B), United of Omaha Separate Account C
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. 9:00 a m. Boston time on the next following Business Day. "
Appears in 2 contracts
Samples: Participation Agreement (Il Annuity & Insurance Co Separate Account 1), Participation Agreement (Bankers Life Insurance Co of New York Separate Account I)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.11. 1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 10:00 a.m. Boston time on the next following Business Day. "
Appears in 2 contracts
Samples: Participation Agreement (Provident Mutual Variable Annuity Separate Account), Participation Agreement (Pia Variable Annuity Account I)
Sale of Fund Shares. 1.1. 1.1 The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. Boston time on the next following Business Day. "
Appears in 2 contracts
Samples: Participation Agreement (Ameritas Variable Life Insurance Co Separate Account V), Participation Agreement (Ameritas Variable Life Insurance Co Separate Account V)
Sale of Fund Shares. 1.1. 1.1 The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this the Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. Boston time on the next following Business Day. "
Appears in 2 contracts
Samples: Participation Agreement (Ameritas Life Insurance Corp Separate Account LLVL), Participation Agreement (Ameritas Variable Life Insurance Co Separate Account V)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 9:309:00 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (Fidelity Variable Annuity Account /Ia/)
Sale of Fund Shares. 1.1. 1.1 The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 9:00 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)
Sale of Fund Shares. 1.1. 1.3 The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this the Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (First Ameritas Variable Life Separate Account)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account the Accounts and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (New England Variable Life Separate Account)
Sale of Fund Shares. 1.11. 1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 11:00 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (Sun Life of Canada U S Variable Account I)
Sale of Fund Shares. 1.1. 1.1 The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee Designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 11:00 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (C M Life Variable Life Separate Account I)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, . the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 9:00 a.m. Boston time on the next following Business Day. ".
Appears in 1 contract
Samples: Participation Agreement (Variable Account B American Intl Life Assur Co of New York)
Sale of Fund Shares. 1.1. 1.1 The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 10:30 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (Separate Account One of Northern Life Insurance Co)
Sale of Fund Shares. 1.11. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 10:00 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (JPF Variable Annuity Separate Account)
Sale of Fund Shares. 1.1. 1.1 The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 10:00 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (Providentmutual Variable Annuity Separate Account)
Sale of Fund Shares. 1.1. 1.1 The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 11:00 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (Canada Life of America Variable Annuity Account 1)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 10:00 a.m. Boston time on the next following Business Day. "Business
Appears in 1 contract
Samples: Exhibit 99 (American National Variable Life Separate Account)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.11. 1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. 11:00 am. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (C M Life Variable Life Separate Account I)
Sale of Fund Shares. 1.1. 1.8 The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this the Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (First Ameritas Variable Life Separate Account)
Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 a.m. Boston time on the next following Business Day. "2
Appears in 1 contract
Samples: Sub License Agreement (Life Investors Variable Life Account A)
Sale of Fund Shares. 1.11. The Underwriter agrees to sell to the Company those shares of the Fund which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Fund. For purposes of this Section 1.11. I, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30 9:00 a.m. Boston time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (Principal Life Insurance Co Variable Life Sep Account)
