Timely Payments. LIFE COMPANY will wire payment for net purchases to a custodial account designated by AVIF by 4:00 p.m. Eastern Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by LIFE COMPANY by 2:00 p.m. Eastern Time on the same day as the Order is placed, to the extent practicable.
Appears in 5 contracts
Samples: Participation Agreement (Variable Annuity Account I of Aetna Insurance Co of America), Participation Agreement (Aim Variable Insurance Funds Inc), Participation Agreement (Aim Variable Insurance Funds Inc)
Timely Payments. LIFE COMPANY will wire payment for net purchases to a custodial account designated by AVIF by 4:00 1:00 p.m. Eastern Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by LIFE COMPANY by 2:00 1:00 p.m. Eastern Central Time on the same day as the Order is placed, to the extent practicable, in order to enable LIFE COMPANY to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.
Appears in 3 contracts
Samples: Participation Agreement (Aul American Individual Variable Life Unit Trust), Participation Agreement (Aul American Individual Variable Life Unit Trust), Participation Agreement (Aim Variable Insurance Funds)
Timely Payments. LIFE COMPANY will wire payment for net purchases to a custodial account designated by AVIF by 4:00 3:00 p.m. Eastern Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by LIFE COMPANY by 2:00 before 3:00 p.m. Eastern Time on the same day as the Order is placed, to the extent practicable.
Appears in 2 contracts
Samples: Participation Agreement (Aim Variable Insurance Funds), Participation Agreement (Corporate Sponsored Vul Separate Account I)
Timely Payments. LIFE COMPANY COMPANIES will wire payment for net purchases to a custodial account designated by AVIF by 4:00 1:00 p.m. Eastern Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by LIFE COMPANY COMPANIES by 2:00 p.m. Eastern Time on the same day as the Order is placed, to the extent practicable.1:00 p.
Appears in 2 contracts
Samples: Participation Agreement (Aim Variable Insurance Funds), Participation Agreement (Metlife of Ct Fund Ul Iii for Variable Life Insurance)
