Common use of Limits on Obligations Clause in Contracts

Limits on Obligations. Notwithstanding anything to the contrary in this Agreement, in no event will the Sub-Advisor be obligated to effect any transaction or instruction it believes (without verification or inquiry) would violate any law, rule or regulation; the rules or regulations of any regulatory or self-regulatory body; or the Sub-Advisor’s legal, regulatory, or operational policies and procedures; provided, however, that the Sub-Advisor must provide the Advisor written notice of its decision not to effect a transaction within one business day of such decision.

Limits on Obligations. Notwithstanding anything to the contrary in this Agreement, in no event will the Sub-Advisor be obligated to effect any transaction or instruction it believes (without verification or inquiry) would violate any law, rule or regulation; the rules or regulations of any regulatory or self-regulatory body; or the Sub-Advisor’s legal, regulatory, or operational policies and procedures; provided, however, that the Sub-Advisor must provide the Advisor written notice of its decision not to effect a transaction within one business day of such decision.

Limits on Obligations. Notwithstanding anything to the contrary in this Agreement, in no event will the Sub-Advisor Adviser be obligated to effect any transaction or instruction it believes (without verification or inquiry) would violate any law, rule or regulation; the rules or regulations of any regulatory or self-regulatory body; or the Sub-AdvisorAdviser’s legal, regulatory, or operational policies and procedures; provided, however, that the Sub-Advisor Adviser must provide the Advisor Adviser written notice of its decision not to effect a transaction within one business day of such decision.

Limits on Obligations. Notwithstanding anything to the contrary in this Agreement, in no event will the Sub-Advisor Adviser be obligated to effect any transaction or instruction it believes (without verification or inquiry) would violate any law, rule or regulation; the rules or regulations of any regulatory or self-regulatory body; or the Sub-AdvisorAdviser’s legal, regulatory, or operational policies and procedures; provided, however, that the Sub-Advisor Adviser must provide the Advisor Adviser written notice of its decision not to effect a transaction within one business day of such decision.

Limits on Obligations. Notwithstanding anything to the contrary in this Agreement, in no event will the Sub-Advisor be obligated to (i) maintain custody of any cash or securities of the Separate Account; or (ii) effect any transaction or instruction it believes (without verification or inquiry) would violate any law, rule or regulation; the rules or regulations of any regulatory or self-regulatory body; or the Sub-Advisor’s legal, regulatory, or operational policies and procedures; provided, however, that the Sub-Advisor must provide the Advisor written notice of its decision not to effect a transaction within one business day of such decision.

Limits on Obligations. Notwithstanding anything to the contrary in this Agreement, in no event will the Sub-Advisor be obligated to effect any transaction or instruction it believes (without verification or inquiry) would violate any law, rule or regulation; the rules or regulations of any regulatory or self-regulatory body; or the Sub-Advisor’s legal, regulatory, or operational policies and procedures; provided, however, that the Sub-Advisor must provide the Advisor written notice of its decision not to effect a said transaction within one business day of such decision.

Limits on Obligations. Notwithstanding anything to the contrary in this Agreement, in no event will the Sub-Advisor be obligated to effect any transaction or instruction it that the Sub-Advisor believes (without verification or inquiry) would violate any law, rule or regulation; the rules or regulations of any regulatory or self-regulatory body; or the Sub-Advisor’s legal, regulatory, or operational policies and procedures; provided, however, that the Sub-Advisor must provide the Advisor written notice of its decision not to effect a transaction within one business day of such decision.

Limits on Obligations. Notwithstanding anything to the contrary in this Sub-Advisory Agreement, in no event will the Sub-Advisor Adviser be obligated to effect any transaction or instruction it believes (without verification or inquiry) would violate any law, rule or regulation; the rules or regulations of any regulatory or self-regulatory body; or the Sub-AdvisorAdviser’s legal, regulatory, or operational policies and procedures; provided, however, that the Sub-Advisor Adviser must provide the Advisor Adviser written notice of its decision not to effect a transaction within one business day of such decision.

Limits on Obligations. Notwithstanding anything to the contrary in this Agreement, in no event will the Sub-Advisor be obligated to effect any transaction or instruction it believes (without verification or inquiry) would violate any law, rule or regulation; the rules or regulations of any regulatory or self-regulatory body; or the Sub-Advisor’s legal, regulatory, or operational policies and procedures; provided, however, that the Sub-Advisor must provide the Advisor written notice of its decision not to effect a transaction within one business day of such decisiondecision .

Limits on Obligations. Notwithstanding anything to the contrary in this Agreement, in no event will the Sub-Advisor Adviser be obligated to effect any transaction or instruction it believes (without verification or inquiry) would violate any law, rule or regulation; the rules or regulations of any regulatory or self-regulatory body; or the Sub-AdvisorAdviser’s legal, regulatory, or operational policies and procedures; provided, however, that the Sub-Advisor Adviser must provide the Advisor Adviser written notice of its decision not to effect a transaction within one business day of promptly after such decision.