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 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.
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Samples: Participation Agreement (Ameritas Variable Separate Account V), Participation Agreement (Ameritas Life Insurance Corp Separate Account LLVL), Participation Agreement (Cg Corporate Insurance Variable Life Separate Account 2)
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 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 ’s net asset value, and (iii) LIFE COMPANY is open for business.
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Samples: Participation Agreement (WoodmenLife Variable Annuity Account), Participation Agreement (KILICO Variable Annuity Separate Account - 3), Participation Agreement (Principal Life Insurance Co Variable Life Sep Account)
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 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.
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