Common use of Portfolio Clause in Contracts

Portfolio. The Company reserves the right to revoke this election and to receive all such income dividends and capital gain distributions in cash. The Fund shall notify the Company of the number of shares so issued as payment of such dividends and distributions.

Appears in 2 contracts

Samples: Participation Agreement (Variable Annuity 1 Series Account), Agreement (Variable Annuity-2 Series Account of Great-West Life & Annuity Ins. Co.)

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Portfolio. The Company reserves the right to revoke this election and to receive all such income dividends and capital gain distributions in cash. The Fund Trust shall notify the Company of the number of shares so issued as payment of such dividends and distributions.

Appears in 2 contracts

Samples: Participation Agreement (TFLIC Separate Account VNY), Participation Agreement (Wanger Advisors Trust)

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