Wiring of Funds. The Intermediary shall remit the Purchase Amount to Vanguard by Federal Funds wire by 4:00 p.m. Eastern time on T+1 in accordance with the wire instructions set forth below. Vanguard shall remit the Redemption Amount to the Intermediary by Federal Funds wire by 4:00 p.m. Eastern time on T+2 in accordance with the wire instructions set forth below.
Appears in 5 contracts
Samples: Defined Contribution Clearance & Settlement Agreement (Massachusetts Mutual Variable Life Separate Account I), Defined Contribution Clearance & Settlement Agreement (MEMBERS Horizon Variable Separate Account), Defined Contribution Clearance & Settlement Agreement (Priac Variable Contract Account A)
