Common use of Sale of Fund Shares Clause in Contracts

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

Appears in 23 contracts

Samples: Participation Agreement (Maxim Series Account of Great West Life & Annuity Ins Co), Participation Agreement (Farm Bureau Life Annuity Account Iii), Participation Agreement (Farm Bureau Life Variable Account)

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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 ofof 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

Appears in 12 contracts

Samples: Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M)

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 ofof 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

Appears in 11 contracts

Samples: Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M)

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 ofof 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

Appears in 11 contracts

Samples: Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life & Annuity Flexible Prem Vari Life Acct M)

Sale of Fund Shares. 1.1. I A - 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 ofof 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

Appears in 11 contracts

Samples: Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life & Annuity Flexible Prem Vari Life Acct M)

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 ofof 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 1

Appears in 9 contracts

Samples: Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M)

Sale of Fund Shares. 1.1. The Fund and the Underwriter agrees agree to sell to the Company those shares of the Fund which each Account ordersthe Company orders on behalf of the Account, executing such orders on a daily basis at the net asset value next computed after receipt and acceptance by the Fund or its designee agent of the order for the shares ofthe

Appears in 5 contracts

Samples: Participation Agreement (Pimco Advisors Vit), Participation Agreement (Pimco Advisors Vit), Participation Agreement (Ml of New York Variable Annuity Separate Account A)

Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account ordersthe Company orders on behalf of the Account, executing such orders on a daily basis at the net asset value next computed after receipt and acceptance by the Fund or its designee agent of the order for the shares oforder

Appears in 3 contracts

Samples: Participation Agreement (Occ Accumulation Trust), Participation Agreement (Occ Accumulation Trust), Participation Agreement (Occ Accumulation 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 ofof 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

Appears in 1 contract

Samples: Participation Agreement (Lincoln New York Account N for Variable Annuities)

Sale of Fund Shares. 1.1. I. 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 ofof 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

Appears in 1 contract

Samples: Participation Agreement (Lincoln New York Account N for Variable Annuities)

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 ofof 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 <Page> constitute receipt by the Fund; provided that the Fund receives notice of such

Appears in 1 contract

Samples: Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M)

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

Appears in 1 contract

Samples: Participation Agreement (Select Life Variable Account)

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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 ofof 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

Appears in 1 contract

Samples: Participation Agreement (PFL Variable Life Account A)

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 of3

Appears in 1 contract

Samples: Participation Agreement (Genworth Life & Annuity VA 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 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 ofof the Fund. For purposes of this Section

Appears in 1 contract

Samples: Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M)

Sale of Fund Shares. 1.1. 1.1 The Underwriter agrees to shall sell to the Company those shares of the Fund which each the Separate 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 shares of the shares ofFund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from the Separate Account and receipt by such designee shall constitute receipt by the

Appears in 1 contract

Samples: Participation Agreement (Variable Account a/Ma)

Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each Account ordersthe Accounts order, executing such orders on a daily basis such dates as the Fund makes its shares available for purchase pursuant to Section 1.2 hereof at the net asset value next computed after receipt by the Fund or its designee of the order for the shares ofshares.

Appears in 1 contract

Samples: Participation Agreement (Gabelli Capital Series Funds Inc)

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 ofof 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;

Appears in 1 contract

Samples: Participation Agreement (Pia Variable Annuity Account I)

Sale of Fund Shares. 1.1. The Underwriter agrees to sell to the Company those shares of the Fund which each the 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 ofof the Fund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from the Account and receipt by such designee shall constitute receipt by the Fund; provided that the Fund receives notice of such order by 9:30a.

Appears in 1 contract

Samples: Participation Agreement (Select Life Variable Account)

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