Common use of Parties and Purpose Clause in Contracts

Parties and Purpose. This agreement (the "Agreement") is between certain portfolios, specified below and in Schedule C, of Franklin Templeton Variable Insurance Products Trust, an open-end management xxxxxxxxxt company organized as a business trust under Massachusetts law (the "Trust"), Franklin Templeton Distributors, Inc., a California corporation which is the xxxxxxxxx underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us") and the insurance company identified on Schedule a ("you") and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)

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Parties and Purpose. This agreement (the "Agreement") is between certain portfolios, specified below and in Schedule C, of Franklin Templeton Variable Insurance Products Insurancx Xxxxxxxs Trust, an open-end management xxxxxxxxxt investment company organized as a business trust under Massachusetts law (the "Trust"), Franklin Templeton Distributors, Inc., a California x Xxxxxornia corporation which is the xxxxxxxxx principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us") and the insurance company identified on Schedule a A ("you") and your distributor), on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase and redeem the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (SBL Variable Annuity Account Xiv)

Parties and Purpose. This agreement (the "Agreement") is between certain portfolios, specified below and in Schedule C, of Franklin Templeton Xxxxxxxxx Variable Insurance Products Trust, an open-end management xxxxxxxxxt investment company organized as a business trust under Massachusetts law (the "Trust"), ; Franklin Templeton Xxxxxxxxx Distributors, Inc., a California corporation which is the xxxxxxxxx principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us") and the insurance company identified on Schedule a ("you") and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Phoenix Life & Annuity Variable Universal Life Account)

Parties and Purpose. This agreement (the "Agreement") is between certain portfolios, specified below and in Schedule C, of Franklin Templeton Xxxxxxxxx Variable Insurance Products Trust, an open-end management xxxxxxxxxt investment company organized as a business trust under Massachusetts law (the "Trust"), Franklin Templeton Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the xxxxxxxxx principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us") and the insurance company companies identified on Schedule a ("you") and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Variable Account a of Keyport Benefit Life Insurance Co)

Parties and Purpose. This agreement (the "Agreement") is between certain portfolios, specified below and in Schedule C, of Franklin Templeton Variable Insurance Products TrustProduxxx Xxxxx, an open-end management xxxxxxxxxt investment company organized as a business trust under Massachusetts law (the "Trust"), Franklin Templeton Distributors, Inc., a California corporation Calixxxxxx xorporation which is the xxxxxxxxx principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us") and the insurance company identified on Schedule a ("you") and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase and redeem the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Variable Annuity Account A)

Parties and Purpose. This agreement (the "Agreement") is between certain portfolios, specified below and in Schedule C, of Franklin Templeton Xxxxxxxxx Variable Insurance Products Trust, an open-end management xxxxxxxxxt investment company organized as a business trust under Massachusetts law (the "Trust"), Franklin Templeton Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the xxxxxxxxx principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us") and the insurance company identified on Schedule a A ("you") and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Separate Account Va Qny)

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Parties and Purpose. This agreement (the "Agreement") is between certain portfolios, specified below and in Schedule C, of Franklin Templeton Xxxxxxxxx Variable Insurance Products Trust, an open-end management xxxxxxxxxt investment company organized as a business trust under Massachusetts law (the "Trust"), Franklin Templeton Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the xxxxxxxxx principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us") and the insurance company identified on Schedule a ("you") and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Allianz Life of Ny Variable Account C)

Parties and Purpose. This agreement (the "Agreement") is between certain portfolios, specified below and in Schedule C, of Franklin Templeton Texxxxxxx Variable Insurance Products Trust, an open-end management xxxxxxxxxt investment company organized as a business trust under Massachusetts law (the "Trust"), Franklin Templeton DistributorsFranklin/Texxxxxxx Xistributors, Inc., a California corporation which is the xxxxxxxxx principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us") and the insurance company identified on Schedule a ("you") and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Allianz Life of Ny Variable Account C)

Parties and Purpose. This agreement (the "Agreement") is between certain portfolios, specified below and in Schedule C, of Franklin Templeton Variable Insurance Products Trust, an open-end management xxxxxxxxxt managemxxx xxxxxtment company organized as a business trust under Massachusetts law (the "Trust"), Franklin Templeton Distributors, Inc., a California corporation which is the xxxxxxxxx xxx xxxxxipal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us") and the insurance company identified on Schedule a A ("you") and your distributor), on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Variable Account Ii Aig Life Insurance Co)

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