SUBSTITUTION AND CHANGE Sample Clauses

SUBSTITUTION AND CHANGE. Pursuant to a vote of the Owners of variable annuity contracts having an interest in a Division or as otherwise permitted by applicable insurance and securities law, a substitution or change may be made as follows: - the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; - the Separate Account, or a Division, may be operated as a management company under the Investment Company Act of 1940, or in any other form permitted by law, if deemed by the Company to be in the best interests of the contract Owners; - the Separate Account may be deregistered under the Investment Company Act of 1940 in the event registration is no longer required; or - the provisions of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. Any such substitution or change will be subject to any required approval of the Securities and Exchange Commission (SEC) and the Commissioner of Insurance for the state of Wisconsin, and filing with the state in which this contract is issued.
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SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: o the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; and o the provisions of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. Any such substitution or change will be subject to any required approval of the Commissioner of Insurance for the state of Wisconsin, and filing with the state in which this contract is issued.
SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: - the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; - the provision of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change.
SUBSTITUTION AND CHANGE. Pursuant to a vote of the Owners of variable annuity contracts having an interest in a Division or as otherwise permitted by applicable insurance and securities law, a substitution or change may be made as follows: - the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; - the Separate Account, or a Division, may be operated as a management company under the Investment Company Act of 1940, or in any other form permitted by law, if deemed by the Company to be in the best interests of the contract Owners; - the Separate Account may be deregistered under the Investment Company Act of 1940 in the event registration is no longer required; or - the provisions of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change.
SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: • the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; and • the provisions of the Contracts may be modified to comply with any other applicable federal laws or Interstate Compact Standards. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. ICC12.RR.VA.ABK.(0313) 7
SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: • the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; • the Provisions of the contracts having an interest in Separate Account may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. QQV.ACCT. A
SUBSTITUTION AND CHANGE. Pursuant to a vote of the Owners of variable annuity contracts having an interest in a Division or as otherwise permitted by applicable insurance and securities law, a substitution or change may be made as follows: • the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; • the Separate Account, or a Division, may be operated as a management company under the Investment Company Act of 1940, or in any other form permitted by law, if deemed by the Company to be in the best interests of the contract Owners; • the Separate Account may be deregistered under the Investment Company Act of 1940 in the event registration is no longer required; or • the provisions of the Contracts may be modified to comply with any other applicable federal laws or Interstate Compact Standards. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. Any such substitution or change will be subject to any required approval of the Securities and Exchange Commission (SEC). ICC12.RR.VA.BBK.(0313) 7
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SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company:
SUBSTITUTION AND CHANGE. Pursuant to a vote of the Owners of variable annuity contracts having an interest in a Division or as otherwise permitted by applicable insurance and securities law, a substitution or change may be made as follows:
SUBSTITUTION AND CHANGE. Pursuant to a vote of the payees of variable annuity contracts having an interest in the Division or as otherwise may be permitted by applicable insurance and securities laws:
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