Common use of Effect of Termination Clause in Contracts

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 171 contracts

Samples: Participation Agreement (Nationwide VL Separate Account-G), Participation Agreement (Sun Life of Canada U S Variable Account I), Participation Agreement (JPF Variable Annuity Separate Account)

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Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 70 contracts

Samples: Participation Agreement (SEPARATE ACCOUNT B OF VOYA INSURANCE & ANNUITY Co), Participation Agreement (Variable Annuity Account A), Participation Agreement (SEPARATE ACCOUNT B OF VOYA INSURANCE & ANNUITY Co)

Effect of Termination. Notwithstanding any termination of this Agreement, other than as a result of a failure by either the Fund or the Company to meet Section 817(h) of the Code diversification requirements, the Fund, the Distributor and the Underwriter shall Adviser shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 64 contracts

Samples: Fund Participation Agreement (Lincoln Life Variable Annuity Account N), Fund Participation Agreement (Wanger Advisors Trust), Fund Participation Agreement (KILICO Variable Annuity Separate Account - 3)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Series pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 50 contracts

Samples: Participation Agreement (Metlife of Ct Separate Account Twelve for Variable Annuities), Participation Agreement (Metropolitan Life Separate Account Ul), Participation Agreement (General American Separate Account Two)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 42 contracts

Samples: Participation Agreement (Mutual of America Separate Account No 2), Participation Agreement (Mutual of America Separate Account No 3), Participation Agreement (Mutual of America Separate Account No 2)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Portfolio pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 36 contracts

Samples: Participation Agreement (Metlife Investors Variable Annuity Account One), Participation Agreement (Metlife Investors Variable Life Account One), Participation Agreement (Brighthouse Separate Account Eleven for Variable Annuities)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 26 contracts

Samples: Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Variable Annuity Account N), Participation Agreement (Lincoln Life & Annuity Flexible Prem Vari Life Acct M)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall 18 not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 21 contracts

Samples: Participation Agreement (Lincoln Life Variable Annuity Account W), Participation Agreement (Lincoln Life Variable Annuity Account W), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 19 contracts

Samples: Participation Agreement (Separate Account Va Bny), Participation Agreement (Separate Account Va B), Participation Agreement (Separate Account Va Bny)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 18 contracts

Samples: Participation Agreement (Separate Account Va Y), Participation Agreement (Separate Account Va Y), Participation Agreement (Separate Account Va-5 of Transamerica Occidental Life Insura)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 11.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VIII, and the effect of such Article VII VIII terminations shall be governed by Article VII VIII of this Agreement.

Appears in 15 contracts

Samples: Participation Agreement (National Variable Life Insurance Account), Participation Agreement (KILICO Variable Annuity Separate Account - 3), Participation Agreement (Symetra Resource Variable Account B)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 14 contracts

Samples: Participation Agreement (Companion Life Separate Account B), Participation Agreement (American National Variable Annuity Separate Account), Participation Agreement (Massachusetts Mutual Variable Life Separate Account I)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Portfolio pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 14 contracts

Samples: Participation Agreement (Brighthouse Funds Trust II), Participation Agreement (Brighthouse Funds Trust I), Participation Agreement (Brighthouse Funds Trust II)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 12 contracts

Samples: Participation Agreement (ALAC Separate Account 1), Participation Agreement (TFLIC Separate Account VNY), Participation Agreement (WRL Series Life Account)

Effect of Termination. Notwithstanding any termination of this Agreement, other than as a result of a failure by either the Fund or the Company to meet Section 817(h) of the Code diversification requirements, the Fund, the Distributor and the Underwriter shall Adviser shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 12 contracts

Samples: Fund Participation Agreement (Wanger Advisors Trust), Fund Participation Agreement (Riversource of New York Account 8), Fund Participation Agreement (Riversource Variable Annuity Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Series pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 11 contracts

Samples: Participation Agreement (Metropolitan Series Fund Inc), Agreement (Metropolitan Series Fund Inc), Participation Agreement (Metropolitan Series Fund Inc)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall 18 not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 11 contracts

Samples: Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Variable Annuity Account W), Participation Agreement (Lincoln Life Variable Annuity Account Q)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall Adviser shall, at the option of the Insurance Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts")) pursuant to the terms and conditions of this Agreement. Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 9.3 shall not apply to any terminations under Article VII VI and the effect of such Article VII VI terminations shall be governed by Article VII VI of this Agreement.

Appears in 10 contracts

Samples: Participation Agreement (Separate Account Va 2lny of First Transamerica Life Ins Co), Participation Agreement (PFL Endeavor Variable Annuity Account /New/), Participation Agreement (Ausa Endeavor Variable Annuity Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall MetLife shall, at the option of the Company, continue to make available additional shares of the Fund each Series pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 9 contracts

Samples: Participation Agreement (Metlife Investors Separate Account A), Participation Agreement (Metlife Investors Variable Life Account Five), Participation Agreement (Metlife Investors Separate Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 9 contracts

Samples: Participation Agreement (Ameritas Variable Separate Account V), Participation Agreement (Ameritas Life Insurance Corp Separate Account LLVL), Participation Agreement (Separate Account Va 1 of the American Franklin Life Ins Co)

Effect of Termination. (a) Notwithstanding any termination of this Agreement pursuant to Section 10.1 of this Agreement and subject to Section 1.3 of this Agreement, the Company may require the Fund and the Underwriter shall at the option of the Company, to continue to make available additional shares of the Fund pursuant to the terms and conditions of this AgreementAgreement as provided in paragraph (b) below, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 7 contracts

Samples: Participation Agreement (JPF Variable Annuity Separate Account), Participation Agreement (Allstate Financial Advisors Separate Account I), Fund Participation Agreement (Allstate Life of New York Separate Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VII, and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 6 contracts

Samples: Participation Agreement (Mony America Variable Account L), Participation Agreement (Transamerica Corporate Separate Account Sixteen), Participation Agreement (American National Variable Life Separate Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust, the Advisor and the Underwriter Distributor shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 6 contracts

Samples: Agreement (Huntington Va Funds), Participation Agreement (Huntington Funds), Participation Agreement (Separate Account Va Q)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanyUnderwriter, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(f) or (g) of this Agreement.

Appears in 5 contracts

Samples: Participation Agreement (Price T Rowe Variable Annuity Account), Participation Agreement (Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny), Participation Agreement (Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter Adviser shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 5 contracts

Samples: Participation Agreement (WRL Series Life Corporate Account), Participation Agreement (Transamerica Corporate Separate Account Sixteen), Participation Agreement (Transamerica Corporate Separate Account Sixteen)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 5 contracts

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Security Equity Life Insurance Co Separate Account 13), Participation Agreement (Paragon Life Insurance Co Separate Account D)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 11.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VIII, and the effect of such Article VII VIII terminations shall be governed by Article VII VIII of this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (Variable Annuity Account A), Participation Agreement (SBL Variable Annuity Account Xiv)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 11.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VIII, and the effect of such Article VII VIII terminations shall be governed by Article VII VIII of this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (Minnesota Life Variable Universal Life Account), Agreement (Van Eck Worldwide Insurance Trust), Participation Agreement (PHL Variable Accumulation Account II)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, . the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Ayco Series Trust), Participation Agreement (Ag Separate Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (MML Bay State Variable Life Separate Account I), Participation Agreement (MML Bay State Variable Life Separate Account I), Participation Agreement (Massachusetts Mutual Variable Life Separate Account I)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (Massachusetts Mutual Variable Life Separate Account I), Participation Agreement (Va I Separate Account of Unum Life Ins Co of America), Participation Agreement (American National Variable Annuity Separate Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanySociety, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Modern Woodmen of America Variable Account), Participation Agreement (Modern Woodmen of America Variable Annuity Account), Participation Agreement (Modern Woodmen of America Variable Annuity Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund Portfolios pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundPortfolios, redeem investments in the Fund and/or Portfolios or invest in the Fund Portfolios upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Ayco Series Trust), Participation Agreement (Ayco Series Trust), Hancock John Variable Life Account U

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the either Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Ameritas Variable Separate Account V), Participation Agreement (Carillon Life Account), Ameritas Life Insurance Corp Separate Account LLVL

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement. The provisions of Article VIII and Section 12.2 shall survive any termination of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Provident Mutual Variable Annuity Separate Account), Participation Agreement (Provident Mutual Variable Annuity Separate Account), Participation Agreement (Providentmutual Variable Annuity Separate Account)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, . the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Usl Separate Account Usl Vl-R), Participation Agreement (Ayco Series Trust), Participation Agreement (Agl Separate Account Vl R)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts or the Company, whichever shall have the legal authority to do so, shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Life of Virginia Separate Account Ii), Participation Agreement (Life of Virginia Separate Account 4), Participation Agreement (Life of Virginia Separate Account Ii)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (National Variable Annuity Account Ii), Agreement (National Variable Annuity Account Ii), Participation Agreement (Select Life Variable Account)

Effect of Termination. Notwithstanding any termination of --------------------- this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Mony America Variable Account L), Participation Agreement (Massachusetts Mutual Variable Life Separate Account I), Participation Agreement (Mony America Variable Account L)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanyTransamerica, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts")) pursuant to the terms and conditions of this Agreement. Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement. 10.4.

Appears in 3 contracts

Samples: Participation Agreement (Separate Account Vul 2 of Transamerica Occidental Life Ins), Participation Agreement (Separate Account Vul 2 of Transamerica Occidental Life Ins), Participation Agreement (Sep Acct Vl 2 of Transamerica Occidental Life Insurance Co)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. Contracts The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement The parties further agree that this Section 10 2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (SBL Variable Annuity Account Xi)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Bankers Life Insurance Co of New York Separate Account I), Participation Agreement (Il Annuity & Insurance Co Separate Account 1)

Effect of Termination. Notwithstanding any termination of this Agreement, --------------------- the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 11.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VIII, and the effect of such Article VII VIII terminations shall be governed by Article VII VIII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Metlife Investors Usa Separate Account A), Participation Agreement (Metropolitan Life Separate Account E)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(f) and 10.1 (g) of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Penn Mutual Variable Annuity Account Iii), Participation Agreement (Penn Mutual Variable Annuity Account Iii)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanyTransamerica, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts")) pursuant to the terms and conditions of this Agreement. Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Separate Account Vul 4 of Transamer Occidental Life Ins Co), Participation Agreement (Separate Account Va 8 of Transamerica Life Ins & Annuity Co)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.l(g) of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Pruco Life Variable Universal Account), Participation Agreement (Pruco Life of New Jersey Variable Appreciable Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Portfolio pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1 (b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (General American Separate Account Two), Participation Agreement (General American Separate Account Two)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust, the Advisor and the Underwriter shall Distributor shall, at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Sun Life of Canada U S Variable Account F), Participation Agreement (Huntington Funds)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts or the Company, whichever shall have legal authority to do so, shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Exhibit 1a (Life of Virginia Separate Account 4), Exhibit 1a (Life of Virginia Separate Account Ii)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall Distributor shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Vll and the effect of such Article VII Vll terminations shall be governed by Article VII Vll of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Columbus Life Separate Account 1), Participation Agreement (Separate Account Ii of National Integrity Life Insurance Co)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Agreement (Metropolitan Life Separate Account E), Participation Agreement (PFL Retirement Builder Variable Annuity Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter Adviser shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, . the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund Portfolios pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, . the owners of the Existing Contracts shall be permitted to reallocate investments in the FundPortfolios, redeem investments in the Fund and/or Portfolios or invest in the Fund Portfolios upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Ayco Series Trust), Participation Agreement (Ayco Series Trust)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 11.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VIII, and the effect of such Article VII terminations VIII termination shall be governed by Article VII VIII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Principal Life Insurance Co Variable Life Sep Account), Participation Agreement (Principal Life Insurance Co Variable Life Sep Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanySociety, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Modern Woodmen of America Variable Account), Participation Agreement (Modern Woodmen of America Variable Annuity Account)

Effect of Termination. Notwithstanding any termination of this AgreementAgreement and for so long as Fund continues to be available for sale to existing shareholders, the Fund and the Underwriter Adviser shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 9.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

Effect of Termination. (a) Notwithstanding any termination of this Agreement, the affected Fund and or the Underwriter shall Distributor will at the option of the Company, continue to make available additional shares of the affected Fund pursuant to the terms and conditions of this Agreement, Agreement for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, limitation the owners of the Existing Contracts shall be permitted to reallocate investments in the affected Fund, redeem investments in the affected Fund and/or invest in the affected Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 9.4 shall not apply to any terminations under Article VII VI and the effect of such Article VII VI terminations shall be governed by Article VII VI of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Riversource of New York Variable Annuity Account), Participation Agreement (Riversource Variable Account 10)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall Adviser shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts Policies in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing ContractsPolicies")) pursuant to the terms and conditions of this Agreement. Specifically, without limitation, the owners of the Existing Contracts Policies shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsPolicies. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Separate Account Va U), Participation Agreement (Aegon/Transamerica Series Trust)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall <Page> not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M)

Effect of Termination. Notwithstanding any --------------------- termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (General American Life Insurance Co Separate Account Eleven), Participation Agreement (General American Life Insurance Co Separate Account Eleven)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any terminations under Section 10.1(g) of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Nyliac Variable Annuity Separate Account I), Participation Agreement (First Providian Life & Health Insur Co Separate Account C)

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Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of the CompanyCompany and Underwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends, and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Variable Account I of AGL of Delaware), Variable Account a American Intl Life Assur Co of New York

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Life & Annuity Trust), Participation Agreement (American Skandia Life Assur Corp Var Acct B Cl 1 Sub Accts)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Existing, Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate direct reallocation of investments in the Fund, redeem redemption of investments in the Fund and/or invest investment in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (American General Life Insurance Co Separate Account D), Participation Agreement (Ameritas Variable Life Insurance Co Separate Account V)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section l0.1(g) of this Agreement.

Appears in 2 contracts

Samples: Agreement (United of Omaha Separate Account C), United of Omaha Separate Account C

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall MetLife shall, at the option of the Company, continue to make available additional shares of the Fund each Series pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (First Metlife Investors Variable Annuity Account One), Participation Agreement (Metlife Investors Variable Annuity Account One)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations [page break] termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Massachusetts Mutual Variable Life Separate Account I)

Effect of Termination. Notwithstanding any termination of this Agreement, --------------------- the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VII, and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Mony America Variable Account L

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall will be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.3 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Tiaa Cref Life Separate Account Va-1)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Nationwide VL Separate Account-G)

Effect of Termination. Notwithstanding any all at termination --------------------- of this Agreement, the Fund and the Underwriter underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII V3:1 of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (PFL Retirement Builder Variable Annuity Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Nationwide VL Separate Account-G)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as ("Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article Aritcle VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Safeco Separate Account Sl)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter LFII shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing ContractsProducts"). Specifically, without limitation, the owners Owners of the Existing Contracts Products shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing ContractsProducts. The parties agree that this Section 10.2 10.4. shall not apply to any terminations termination under Article VII VII. and the effect of such Article VII VII. terminations shall be governed by Article VII VII. of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Cova Variable Annuity Account One)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall MetLife shall, at the option of the Company, continue to make available additional shares of the Fund each Series pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Section 10.1(b) or Article VII VII, and in the case of terminations under Article 7 terminations, the effect of such Article VII terminations shall be governed by Article VII 7 of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Metropolitan Series Fund Inc)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Funds and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund Funds pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the FundFunds, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFunds. The parties agree that this Section 10.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VII, and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Lincoln Benefit Life Variable Annuity Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement.. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement

Appears in 1 contract

Samples: Participation Agreement (Transamerica Corporate Separate Account Sixteen)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall Adviser shall, at the option of the Insurance Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts")) pursuant to the terms and conditions of this Agreement. Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 9.3 shall not apply to any terminations under Article VII VI and the effect of such Article VII VI terminations shall be governed by Article VII VI of this Agreement. 9.4.

Appears in 1 contract

Samples: Participation Agreement (Transamerica Occidental Life Separate Account Vul 3)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII Vll and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the CompanyConpany, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Ameritas Variable Life Insurance Co Separate Account V)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or 150 invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 1 contract

Samples: Fund Participation Agreement (Horace Mann Life Insurance Co Separate Account)

Effect of Termination. Notwithstanding any termination of --------------------- this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (General American Life Insurance Co Sep Acct Eleven)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing ContractsContract"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or Fund, or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Offitbank Variable Insurance Fund Inc)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Select Life Variable Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Portfolio pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section IO.l(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Brighthouse Funds Trust I)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII VI] and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Provident Mutual Variable Growth Separate Account)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contractscontracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Fidelity Variable Annuity Account /Ia/)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII VH of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Pia Variable Annuity Account I)

Effect of Termination. Notwithstanding Not withstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Citicorp Life Variable Annuity Separate Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII Vii of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Paragon Life Insurance Co Separate Account D)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of or this Agreement.

Appears in 1 contract

Samples: Agreement (Metropolitan Life Separate Account E)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.2(g) of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Prudential Variable Contract Account Gi-2)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund Portfolios pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, limitation the owners of the Existing Contracts shall be permitted to reallocate investments in the FundPortfolios, redeem investments in the Fund and/or Portfolios or invest in the Fund Portfolios upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Shareholder Services Agreement (JPF Variable Annuity Separate Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall DFAS shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall will be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 8.11 shall not apply (1) to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement; and (2) in the event that the Fund determines to close or liquidate the Portfolios, in which case the Fund shall provide an additional thirty (30) days advance notice in addition to the notice required by Section 8.1.

Appears in 1 contract

Samples: Participation Agreement (TIAA-CREF Life Separate Account VLI-2)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) and (h) of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Nationwide VL Separate Account-G)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII Vll terminations shall be governed by Article VII Vll of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (ALAC Separate Account 1)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Portfolio pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any tenninations under Section IO.l(b) or Section 7, and in the case of terminations under Article VII and Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Brighthouse Funds Trust II)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter LFII shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing ContractsProducts"). Specifically, without limitation, the owners Owners of the Existing Contracts Products shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing ContractsProducts. The parties agree that this Section 10.2 10.4. shall not apply to any terminations under Article VII VII. and the effect of such Article VII VII. terminations shall be governed by Article VII VII. of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Cova Variable Annuity Account Five)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter Adviser shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund and/or Trust or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 9.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

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