AUTOMATIC TERMINATION/ACCELERATION. This Policy terminates with respect to the Accumulation Fund when the Fund Balance is zero and GLAIC’s obligations hereunder shall automatically accelerate upon the occurrence of an Event of Default described in Section 3.3(a).
Appears in 65 contracts
Samples: Funding Agreement (Genworth Life & Annuity Insurance Co), Funding Agreement (Genworth Life & Annuity Insurance Co), Funding Agreement (Genworth Life & Annuity Insurance Co)
AUTOMATIC TERMINATION/ACCELERATION. This Policy terminates with respect to the Accumulation Fund when the Fund Balance is zero and GLAICGELAAC’s obligations hereunder shall automatically accelerate upon the occurrence of an Event of Default described in Section 3.3(a).
Appears in 3 contracts
Samples: Funding Agreement (Ge Life & Annuity Assurance Co), Funding Agreement (Ge Life & Annuity Assurance Co), Funding Agreement (Genworth Global Funding Trust 2005-A)
