Next Day Transmission of Orders. The Company will notify the Janus Services by 9:30 a.m. ET, on the next Business Day the aggregate amounts of purchase orders and redemption orders, that were placed by Contractholders in each Account by 4:00 p.m. ET on the prior Business Day (the “Trade Date”). Company represents that orders it receives after 4:00 p.m. ET on any given Business Day will be transmitted to the Janus Services using the following Business Day’s net asset value. Janus Services may process orders it receives after the 9:30 a.m. deadline using the net asset value next determined.
Appears in 3 contracts
Sources: Fund Participation Agreement (PLICO Variable Annuity Account S), Fund Participation Agreement (PLAIC Variable Annuity Account S), Fund Participation Agreement (Protective Variable Annuity Separate Account)