Common use of NSCC Clause in Contracts

NSCC. The parties agree that they will ordinarily use the Fund/SERV system when the Company has the operational capacity to do so. When using Fund/SERV, the following provisions apply:

Appears in 6 contracts

Sources: Participation Agreement (Separate Account a of Pacific Life & Annuity Co), Participation Agreement (Thrivent Variable Annuity Account I), Participation Agreement (PLICO Variable Annuity Account S)

NSCC. The parties agree that they will ordinarily may use the Fund/SERV system when the Company has the operational capacity to do so. When using Fund/SERV, the following provisions apply:

Appears in 1 contract

Sources: Participation Agreement (Mutual of America Separate Account No 2)