Common use of Sale of Trust Shares Clause in Contracts

Sale of Trust Shares. 1.1. The Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such orders by 10:00 a.m. New York time on the next following Business Day. “

Sale of Trust Shares. 1.1. The Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such orders by 10:00 9:00 a.m. New York time on the next following Business Day. “

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners holders and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 9:00 a.m. New York time on the next following Business Day. “

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 a.m. New York time on the next following Business Day. “

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 9:00 a.m. New York time on the next following Business Day. “"

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s 's prospectus, e.g.E.G., the close of regular trading on the New York Stock Exchange, Inc. (the “"NYSE”") on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided PROVIDED that the such Trust receives notice of such orders by 10:00 a.m. 9:00 a m. New York time on the next following Business Day. “"

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 9:00 a.m. New York time on the next following Business Day. “

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s 's prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”") on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1., the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall s hall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 a.m. 9:30 a. m. New York time on the next following Business Day. “

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s 's prospectus, e.g.E.G., the close of regular trading on the New York Stock Exchange, Inc. (the “"NYSE”") on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided PROVIDED that the such Trust receives notice of such orders by 10:00 a.m. 9:00 a m. New York time on the next following Business Day. “following

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s 's prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “"NYSE”") on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company Company, or its designated agent(s), shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 9:00 a.m. New York time on the next following Business Day. “"

Sale of Trust Shares. 1.1. The Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders owners prior to the pricing time set forth in the applicable Portfolio’s 's prospectus, e.g., e.g. the close of regular trading on the New York Stock Exchange, Inc. (the “"NYSE”") on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the Trust; provided provide that the Trust receives notice of such orders by 10:00 a.m. New York time on the next following Business Day. “"

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 9:30 a.m. New York time on the next following Business Day. “

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s 's prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “"NYSE”") on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 9:00 a.m. New York time on the next following Business Day. “"

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 a.m. New York time on the next following Business Day. “"

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, Day (as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners holders and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 a.m. New York time on the next following Business DayDay or such later time as permitted by Section 1.9 hereof. “

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are arc available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 a.m. New York time on the next following Business Day. “

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s 's prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “"NYSE”") on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.11 A , the Company shall be the designee of the each Trust for receipt of such orders from Policy owners holders and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 9:00 a.m. New York time on the next following Business Day. “"

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the such Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners holders and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 9:00 a.m. New York time Eastern Time on the next following Business Day. “

Sale of Trust Shares. 1.1. The Each Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the each Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the each Trust; provided that the such Trust receives notice of such orders by 10:00 9:00 a.m. New York time on the next following Business Day. “"

Sale of Trust Shares. 1.1. The Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s 's prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “"NYSE”") on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such orders by 10:00 9:00 a.m. New York time on the next following Business Day. “"

Sale of Trust Shares. 1.1. The Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such orders by 10:00 a.m. New York time on the next following Business Day and that the Company uses its best efforts to provide the Trust with such notice by 9:30 a.m. New York Time on the next following Business Day. “

Sale of Trust Shares. 1.1. The Trust agrees to sell to the Company those Shares which the Accounts order (based on orders placed by Policy holders prior to the pricing time set forth in the applicable Portfolio’s prospectus, e.g., the close of regular trading on the New York Stock Exchange, Inc. (the “NYSE”) on that Business Day, as defined below) and which are available for purchase by such Accounts, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the Shares. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from Policy owners and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such orders by 10:00 9:00 a.m. New York time on the next following Business Day. “"