Common use of Establishment of Account Clause in Contracts

Establishment of Account. The Company represents that it has established Variable Annuity Account B and may establish such other accounts as may be set forth in Schedule A attached hereto (as may be amended from time to time with the mutual consent of the parties hereto) (the "Accounts"), each of which is a separate account registered under the Investment Company Act of 1940 (except for such accounts for which no registration is required), to serve as investment vehicles for the Contracts. Each Contract provides for the allocation of net amounts received by the Company to an Account for investment in the shares of one of more specified open-end management investment companies available through that Account as underlying investment media. Selection of a particular investment management company and changes therein from time to time are made by the participant or Contract owner, as applicable under a particular Contract.

Appears in 7 contracts

Samples: Fund Participation Agreement (Separate Account B of Golden American Life Insurance Co), Fund Participation Agreement (Ing Variable Portfolios Inc), Fund Participation Agreement (Ing Vp Money Market Portfolio)

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Establishment of Account. The Company represents that it has established Variable Annuity Account B I and may establish such other accounts as may be set forth in Schedule A attached hereto (as may be amended from time to time with the mutual consent of the parties hereto) (the "Accounts"), each of which is a separate account registered under the Investment Company Act of 1940 (except for such accounts for which no registration is required), to serve as an investment vehicles vehicle for the Contracts. Each Contract provides for the allocation of net amounts received by the Company to an Account for investment in the shares of one of more specified open-end management investment companies available through that Account as underlying investment media. Selection of a particular investment management company and changes therein from time to time are made by the participant or Contract owner, as applicable under a particular Contract.

Appears in 6 contracts

Samples: Fund Participation Agreement (Ing Vp Money Market Portfolio), Fund Participation Agreement (Variable Annuity Account I of Aetna Insurance Co of America), Fund Participation Agreement (Ing Strategic Allocation Portfolios Inc)

Establishment of Account. The Company represents that it has established Variable Annuity Separate Account B F and may establish such other accounts as may be set forth in Schedule A B attached hereto (as may be amended from time to time with the mutual consent of the parties hereto) (the "Accounts"), each of which is a separate account under Connecticut Insurance law that is not required to be registered as an investment company under the Investment Company Act of 1940 (except for such accounts for which no registration is required)1940, to serve as an investment vehicles vehicle for the Contracts. Each Contract provides for the allocation of net amounts received by the Company to an Account for investment in the shares of one of more specified open-end management investment companies available through that Account as underlying investment media. Selection of a particular investment management company and changes therein from time to time are made by the participant or Contract owner, as applicable under a particular Contract.

Appears in 2 contracts

Samples: Fund Participation Agreement (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Fund Participation Agreement (Ing Series Fund Inc)

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Establishment of Account. The Company represents that it has established Variable Annuity Separate Account B and F may establish such other accounts as may be set forth in Schedule A B attached hereto (and as may be amended from time to time with the mutual consent of the parties hereto) hereto (the "Accounts"), each of which is a separate account under Connecticut Insurance law that is not required to be registered as an investment company under the Investment Company Act of 1940 (except for such accounts for which no registration is required)1940, to serve as an investment vehicles vehicle for the Contracts. Each Contract provides for the allocation of net amounts received by the Company to an Account for investment in the shares of one of more specified open-end management investment companies available through that Account as underlying investment media. Selection of a particular investment management company and changes therein from time to time are made by the participant or Contract owner, as applicable under a particular Contract.

Appears in 1 contract

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

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