CHANGE IN OPERATION Sample Clauses

CHANGE IN OPERATION. LNY reserves the right to transfer assets of the Variable Account to another account, and to modify the structure or operation of the Variable Account, subject to obtaining any necessary regulatory approvals. LNY guarantees that such modification will not affect the Contract Value.
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CHANGE IN OPERATION. We reserve the right to transfer assets of the Variable Account to another separate account, and to modify the structure or operation of the Variable Account, subject to obtaining any necessary regulatory approvals. We guarantee that such modification will not affect the Contract Value. We will at all times maintain in the Separate Account(s) assets with a value at least equal to the amount accumulated in accordance with the applicable agreements with respect to such separate account and the reserves for annuities in the course of payment that vary with investment experience of such separate account. DOLLAR COST AVERAGING (DCA) FIXED ACCOUNT ALLOCATION OF PURCHASE PAYMENTS INTO A DCA FIXED ACCOUNT. We reserve the right to offer a DCA Fixed Account at any time prior to the Annuity Commencement Date. If We offer a DCA Fixed Account under this Contract, prior to the Annuity Commencement Date, any portion or all of a Purchase Payment or Transfers of Contract Value may be allocated to the DCA Fixed Account. A DCA Fixed Account will only be available under a Dollar Cost Averaging program. We reserve the right to discontinue accepting allocations of Purchase Payments or Transfers of Contract Value to a DCA Fixed Account at any time. You may allocate or Transfer amounts to a DCA Fixed Account, if available, subject to the following limitations:
CHANGE IN OPERATION. We reserve the right to transfer assets of the Variable Account to another separate account, and to modify the structure or operation of the Variable Account, subject to obtaining any necessary regulatory approvals. We guarantee that such modification will not affect the Contract Value. We will always maintain in the Separate Account(s) assets with a value at least equal to the amount accumulated in accordance with the applicable agreements with respect to such separate account and the reserves for annuities in the course of payment that vary with investment experience of such separate account. TRANSFERS
CHANGE IN OPERATION. Landlord reserves the right to require additional and/or other insurance only if Tenant has a change in operation or use of the Property.
CHANGE IN OPERATION. Lincoln National reserves the right to transfer assets of the Variable Account to another account, and to modify the structure or operation of the Variable Account, subject to obtaining any necessary regulatory approvals. Lincoln National guarantees that such modification will not affect the Account Value.
CHANGE IN OPERATION. LNY reserves the right to transfer assets of the Variable Account to another account, and to modify the structure or operation of the Variable Account, subject to obtaining any necessary regulatory approvals. LNY guarantees that such modification will not affect the Contract Value. ARTICLE 4 DCA FIXED ACCOUNT 4.01 ALLOCATION OF PURCHASE PAYMENTS INTO THE DCA FIXED ACCOUNT Any Purchase Payment paid into this Contract may be allocated to the DCA Fixed Account of the Contract. The Owner may allocate Purchase Payments to the DCA Fixed Account subject to the following limitations:
CHANGE IN OPERATION. Lessor reserves the right to require additional and/or other insurance if Lessee has a change in operation or use of any of the Properties.
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CHANGE IN OPERATION. LNL reserves the right to transfer assets of the Variable Account to another account, and to modify the structure or operation of the Variable Account, subject to obtaining any necessary regulatory approvals. LNL guarantees that such modification will not affect the Contract Value. Form 30070-B Page 11

Related to CHANGE IN OPERATION

  • Change in Management Permit a change in the senior management of Borrower.

  • Change in Ownership Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

  • Change in Name The Purchaser shall intimate the Seller of any change in its name (on account reasons other than a change in its Control), immediately upon occurrence of name change. The Parties shall thereafter take necessary steps to record such change in the name of the Purchaser in the books and records of the Seller and shall also execute an amendment agreement to the Agreement to record such name change.

  • Change in Fiscal Year Such Obligor will not, and will not permit any of its Subsidiaries to, change the last day of its fiscal year from that in effect on the date hereof, except to change the fiscal year of a Subsidiary acquired in connection with an Acquisition to conform its fiscal year to that of Borrower.

  • Change in Effective Control A Change in Effective Control occurs if, over a twelve (12) month period: (i) a person or group acquires stock representing thirty percent (30%) of the voting power of the corporation; or (ii) a majority of the members of the board of directors of the ultimate parent corporation is replaced by directors not endorsed by the persons who were members of the board before the new directors’ appointment, as defined in Treasury Regulations §1.409A-3(i)(5)(vi).

  • Change in Ownership of the Company A change in the ownership of the Company which occurs on the date that any one person, or more than one person acting as a group (“Person”), acquires ownership of the stock of the Company that, together with the stock held by such Person, constitutes more than 50% of the total voting power of the stock of the Company, except that any change in the ownership of the stock of the Company as a result of a private financing of the Company that is approved by the Board will not be considered a Change of Control; or

  • Change in Business Borrower shall not enter into any line of business other than the ownership and operation of the Property, or make any material change in the scope or nature of its business objectives, purposes or operations, or undertake or participate in activities other than the continuance of its present business.

  • Potential Change in Control A “Potential Change in Control” shall exist during any period in which the circumstances described in paragraphs (a), (b), (c) or (d), below, exist (provided, however, that a Potential Change in Control shall cease to exist not later than the occurrence of a Change in Control):

  • Change in Effective Control of the Company A change in the effective control of the Company which occurs on the date that a majority of members of the Board is replaced during any twelve (12) month period by directors whose appointment or election is not endorsed by a majority of the members of the Board prior to the date of the appointment or election. For purposes of this clause (ii), if any Person is considered to be in effective control of the Company, the acquisition of additional control of the Company by the same Person will not be considered a Change of Control; or

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