Potential Conflicts and Compliance With Mixed and Shared Funding Exemptive Order. 7.1. The Fund represents that the Board will monitor the Fund for the existence of any material irreconcilable conflict between the interests of the contract owners of all separate accounts investing in the Fund. The Board shall promptly inform the Company if it determines that a material irreconcilable conflict exists and the implications thereof.
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Samples: Participation Agreement (Pacific Select Exec Separate Account of Pacific Life & Annui), Participation Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Participation Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)
Potential Conflicts and Compliance With Mixed and Shared Funding Exemptive Order. 7.110.1. The Fund represents that the Fund’s Board will monitor the Fund for the existence of any material irreconcilable conflict between the interests of the contract owners Contract Owners of all separate accounts Accounts investing in the Fund. The Board shall promptly inform the Company if it determines that a A material irreconcilable conflict exists and the implications thereof.may arise for a variety of reasons, including, but not limited to:
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