Common use of Mixed and Shared Funding Clause in Contracts

Mixed and Shared Funding. Life Company acknowledges that the Trust requested and received an order from the SEC granting relief from various provisions of the 1940 Act and the rules thereunder to the extent necessary to permit Trust shares to be sold to and held by variable annuity and variable life insurance separate accounts of both affiliated and unaffiliated Participating Insurance Companies, as well as by Plans and certain other persons. Any conditions or undertakings that may be imposed on Life Company and the Trust by virtue of such order is incorporated herein by reference, as though set forth herein in full, and the parties to this Agreement shall comply with such conditions and undertakings to the extent applicable to each such party.

Appears in 3 contracts

Samples: Participation Agreement (Ge Capital Life Separate Account Ii), Participation Agreement (Ge Life & Annuity Assurance Co Iv), Participation Agreement (Nations Separate Account Trust)

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Mixed and Shared Funding. Life Company LIFE COMPANY acknowledges that the Trust requested and received an order from the SEC granting relief from various provisions of the 1940 Act and the rules thereunder to the extent necessary to permit Trust shares to be sold to and held by variable annuity and variable life insurance separate accounts of both affiliated and unaffiliated Participating Insurance Companies, as well as by Plans and certain other persons(the "Order"). Any conditions or undertakings that may be imposed on Life Company LIFE COMPANY and the Trust by virtue of such order is the Order and the Trust's application for the Order are incorporated herein by reference, as though set forth herein in full, and the parties to this Agreement shall comply with such conditions and undertakings to the extent applicable to each such party.

Appears in 3 contracts

Samples: Agreement (Ge Capital Life Separate Account Iii), Agreement (Ge Capital Life Separate Account Ii), Participation Agreement (Ge Capital Life Separate Account Ii)

Mixed and Shared Funding. Life Company LIFE COMPANY acknowledges that the Trust requested and received an order from the SEC granting relief from various provisions of the 1940 Act and the rules thereunder to the extent necessary to permit Trust shares to be sold to and held by variable annuity and variable life insurance separate accounts of both affiliated and unaffiliated Participating Insurance Companies, as well as by Plans and certain other persons(the "Order"). Any conditions or undertakings that may be imposed on Life Company LIFE COMPANY and the Trust by virtue of such order is the Order and the Trust's application for the Order are incorporated herein by reference, ; as though set forth herein in full, and the parties to this Agreement shall comply with such conditions and undertakings to the extent applicable to each such party.

Appears in 2 contracts

Samples: Participation Agreement (Ge Life & Annuity Assurance Co Iv), Participation Agreement (Ge Life & Annuity Assurance Co Iv)

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Mixed and Shared Funding. Life Company acknowledges that the Trust requested and received an order from the SEC granting relief from various provisions of the 1940 Act and the rules thereunder to the extent necessary to permit Trust shares to be sold to and held by variable annuity and variable life insurance separate accounts of both affiliated and unaffiliated Participating Insurance Companies, as well as by Plans and certain other persons. Any conditions or undertakings that may be imposed on Life Company and the Trust by virtue of such order is incorporated herein by reference, reference as though set forth herein in full, and the parties to this Agreement shall comply with such conditions and undertakings to the extent applicable to each such party.

Appears in 1 contract

Samples: Participation Agreement (Ge Capital Life Separate Account Ii)

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