DIVERSIFICATION AND RELATED LIMITATIONS. 6.1. The Fund and WRL each separately represents and warrants that the Fund will at all times invest its assets in such a manner as to ensure that the Policies will be treated as annuity, endowment, or life insurance contracts under the Code and the regulations issued thereunder. Without limiting the scope of the foregoing, the Fund will at all times comply with Section 817 (h) of the Code and Treas. Reg. § 1.817-5, as amended from time to time, and any Treasury interpretations thereof, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations.
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Samples: Participation Agreement (Separate Account VA YNY), Participation Agreement (Separate Account VA WNY)
DIVERSIFICATION AND RELATED LIMITATIONS. 6.1. 6.1 The Fund and WRL the Adviser each separately represents and warrants that the Fund will at all times invest its assets in such a manner as to ensure that the Policies will be treated as annuity, endowment, or life insurance contracts under the Code and the regulations issued thereunder. Without limiting the scope of the foregoing, the Fund will at all times comply with Section 817 (h817(h) of the Code and Treas. Reg. § (S) 1.817-5, as amended from time to time, and any Treasury interpretations thereof, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations.
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DIVERSIFICATION AND RELATED LIMITATIONS. 6.1. 6.1 The Fund and WRL the Adviser each separately represents and warrants that the Fund will at all times invest its assets in such a manner as to ensure that the Policies will be treated as annuity, endowment, or life insurance contracts under the Code and the regulations issued thereunder. Without limiting the scope of the foregoing, the Fund will at all times comply with Section 817 (h817(h) of the Code and Treas. Reg. § Section 1.817-5, as amended from time to time, and any Treasury interpretations thereof, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations.
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Samples: Participation Agreement (Aegon/Transamerica Series Trust)
DIVERSIFICATION AND RELATED LIMITATIONS. 6.1. The Fund and WRL each separately represents and warrants that the Fund will at all times invest its assets in such a manner as to ensure that the Policies will be treated as annuity, endowment, or life insurance contracts under the Code and the regulations issued thereunder. Without limiting the scope of the foregoing, the Fund will at all times comply with Section 817 (h817(h) of the Code and Treas. Reg. § (S) 1.817-5, as amended from time to time, and any Treasury interpretations thereof, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations.
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Samples: Participation Agreement (PFL Life Variable Annuity Account A)
DIVERSIFICATION AND RELATED LIMITATIONS. 6.1. 6.1 The Fund and WRL each separately represents Manager represent and warrants warrant that the Fund will at all times invest its assets in such a manner as to ensure that the Policies will be treated as annuity, endowment, or life insurance contracts under the Code and the regulations issued thereunder. Without limiting the scope of the foregoing, the Fund will at all times comply with Section 817 (h817(h) of the Code and Treas. Reg. § Section 1.817-5, as amended from time to time, and any Treasury interpretations thereof, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations.
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Samples: Participation Agreement (Providian Life & Health Insurance Co Separate Account V)
DIVERSIFICATION AND RELATED LIMITATIONS. 6.1. 6.1 The Fund and WRL each separately represents and warrants that the Fund will at all times invest its assets in such a manner as to ensure that the Policies will be treated as annuity, endowment, or life insurance contracts under the Code and the regulations issued thereunder. Without limiting the scope of the foregoing, the Fund will at all times comply with Section 817 (h817(h) of the Code and Treas. Reg. § ' 1.817-5, as amended from time to time, and any Treasury interpretations thereof, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations.
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