Common use of TIMELY PRICING AND ORDERS Clause in Contracts

TIMELY PRICING AND ORDERS. (a) SMFI or its designated agent will use its best efforts to provide LIFE COMPANY with the net asset value per Share for each Fund by 7:00 p.m. Eastern Standard Time on each Business Day. As used herein, "Business Day" shall mean any day on which (i) the New York Stock Exchange is open for regular trading (ii) SMFI calculates the Fund's net asset value, and (iii) LIFE COMPANY is open for business.

Appears in 5 contracts

Samples: Participation Agreement (Equitrust Life Variable Account), Participation Agreement (Farm Bureau Life Annuity Account), Participation Agreement (American Equity Life Annuity Account)

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TIMELY PRICING AND ORDERS. (a) SMFI or its designated agent will use its best efforts to provide LIFE COMPANY with the net asset value per Share for each Fund by 7:00 6:30 p.m. Eastern Standard Time on each Business Day. As used herein, "Business Day" shall mean any day on which (i) the New York Stock Exchange is open for regular trading (ii) SMFI calculates the Fund's net asset value, and (iii) LIFE COMPANY is open for business.

Appears in 4 contracts

Samples: Participation Agreement (Carillon Account), Participation Agreement (Country Investors Variable Annunity Account), Participation Agreement (Country Investors Variable Annunity Account)

TIMELY PRICING AND ORDERS. (a) SMFI or its designated agent will use its best efforts to provide LIFE COMPANY INSURER with the net asset value per Share for each Fund by 7:00 p.m. Eastern Standard Time on each Business Day. As used herein, "Business Day" shall mean any day on which (i) the New York Stock Exchange is open for regular trading (ii) SMFI calculates the Fund's net asset value, and (iii) LIFE COMPANY INSURER is open for business.

Appears in 1 contract

Samples: Administrative Services Agreement (Modern Woodmen of America Variable Annuity Account)

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TIMELY PRICING AND ORDERS. (a) SMFI or its designated agent will use its best efforts to provide LIFE COMPANY COMPANY, or its designated agent, with the net asset value per Share for each Fund by 7:00 6:30 p.m. Eastern Standard Time on each Business Day. As used herein, "Business Day" shall mean any day on which (i) the New York Stock Exchange is open for regular trading (ii) SMFI calculates the Fund's net asset value, and (iii) LIFE COMPANY is open for business.

Appears in 1 contract

Samples: Participation Agreement (Symetra Separate Account Sl)

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