Common use of Transmission of Orders Clause in Contracts

Transmission of Orders. The Service Provider agrees it shall transmit orders to purchase or redeem Shares to MFS or its designee according to the established protocols in Article I of the Fund Participation Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Participation Agreement (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Participation Agreement (Variable Annuity Acct C of Ing Life Insurance & Annuity Co)

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Transmission of Orders. The Service Provider agrees it shall transmit orders to purchase or redeem Shares to MFS or its designee according to the established protocols of such MFS or its designee, as communicated to the Service Provider by MFS or its designee from time to time, and that any loss resulting from the Service Provider's failure to transmit an order in Article I accordance with such protocols shall be the sole responsibility of the Fund Participation AgreementService Provider.

Appears in 1 contract

Samples: Participation Agreement (Hartford Life Insurance Co Separate Account 11)

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