Common use of Trade Date Policy and Procedures Clause in Contracts

Trade Date Policy and Procedures. Orders for the purchase, redemption or exchange of Vanguard Fund shares will be accorded a trade date (“T”) that is the date of receipt of the Instructions corresponding to the Order by the Intermediary or, subject to the requirements of Section 14 of the Agreement, an Underlying Intermediary, from the Policy owner, subject to the special rules provided in these DCC&S Operating/Contingency Procedures.

Trade Date Policy and Procedures. Orders for the purchase, redemption or exchange of Vanguard Fund shares will be accorded a trade date (“T”) that is the date of receipt of the Instructions corresponding to the Order by the Intermediary or, subject to the requirements of Section 14 of the Agreement, an Underlying Intermediary, from the Policy ownerPlan or participant, subject to the special rules provided in these DCC&S Operating/Contingency Procedures.

Trade Date Policy and Procedures. Orders for the purchase, redemption or exchange of Vanguard Fund shares will be accorded a trade date (“T”) that is the date of receipt of the Instructions corresponding to the Order by the Intermediary or, subject to the requirements of Section 14 of the Agreement, an Underlying Intermediary, Company from the Policy Contract owner, subject to the special rules provided in these DCC&S Operating/Contingency Procedures.