Tax Laws. (a) SMFI represents and warrants that each Fund is currently qualified as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"), and represents that it will use its best efforts to qualify and to maintain qualification of each Fund as a RIC. SMFI will notify LIFE COMPANY immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.
Appears in 16 contracts
Samples: Participation Agreement (Carillon Account), Participation Agreement (Cg Corporate Insurance Variable Life Separate Account 2), Participation Agreement (Ameritas Variable Life Insurance Co Separate Account V)
Tax Laws. (a) SMFI represents and warrants that each Fund is currently qualified as a regulated investment company ("“RIC"”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the "“Code"”), and represents that it will use its best efforts to qualify and to maintain qualification of each Fund as a RIC. SMFI will notify LIFE COMPANY immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.
Appears in 4 contracts
Samples: Participation Agreement (KILICO Variable Annuity Separate Account - 3), Participation Agreement (KILICO Variable Annuity Separate Account - 3), Participation Agreement (WoodmenLife Variable Annuity Account)
Tax Laws. (a) SMFI represents and warrants that each Fund is currently qualified as a regulated investment company ("RICMC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"), and represents that it will use its best efforts to qualify and to maintain qualification of each Fund as a RICMC. SMFI will notify LIFE COMPANY immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.
Appears in 2 contracts
Samples: Participation Agreement (Ameritas Variable Separate Account V), Participation Agreement (Ameritas Life Insurance Corp Separate Account LLVL)
Tax Laws. (a) SMFI represents and warrants that each Fund is currently qualified as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"), and represents that it will use its best efforts to qualify and to maintain qualification of each Fund as a RIC. SMFI will notify LIFE COMPANY INSURER immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.
Appears in 1 contract
Samples: Administrative Services Agreement (Modern Woodmen of America Variable Annuity Account)
Tax Laws. (a) SMFI represents and warrants that each Fund is currently qualified as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"), and represents that it qualifies and will use its best efforts to qualify and to maintain qualification of each Fund as a RIC. SMFI will notify LIFE COMPANY immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.
Appears in 1 contract
Samples: Participation Agreement (Symetra Separate Account Sl)
Tax Laws. (a) .....SMFI represents and warrants that each Fund is currently qualified as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"), and represents that it will use its best efforts to qualify and to maintain qualification of each Fund as a RIC. SMFI will notify LIFE COMPANY immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.
Appears in 1 contract
Samples: Participation Agreement (First Ameritas Variable Annuity Separate Account)
