Common use of Tax Laws Clause in Contracts

Tax Laws. (a) The Fund represents and warrants that it is or will be qualified as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code") or any successor or similar provision, and represents that it is or will qualify and maintain its qualification as a RIC and to comply with the diversification requirements set forth in Section 817(h) of the Code and the regulations thereunder or any successor or similar provision. The Fund will notify LIFE COMPANY immediately upon having a reasonable basis for believing that it has ceased to so qualify or so comply, or that it might not so qualify or so comply in the future.

Appears in 7 contracts

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

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Tax Laws. (a) The Fund Trust represents and warrants that it is or will be qualified as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code") or any successor or similar provision, and represents that it is or qualified and will qualify and maintain its qualification as a RIC and to comply with the diversification requirements set forth in Section 817(h) of the Code and the regulations thereunder or any successor or similar provision. The Fund Trust will notify LIFE COMPANY immediately upon having a reasonable basis for believing that it has ceased to so qualify or so comply, or that it might not so qualify or so comply in the future.

Appears in 4 contracts

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

Tax Laws. (a) The Fund represents and warrants that it is or will will-be qualified as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code") or any successor or similar provision, and represents that it is or will qualify and maintain its qualification as a RIC and to comply with the diversification requirements set forth in Section 817(h) of the Code and the regulations thereunder or any successor or similar provision. The Fund will notify LIFE COMPANY immediately upon having a reasonable basis for believing that it has ceased to so qualify or so comply, or that it might not so qualify or so comply in the future.

Appears in 1 contract

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

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Tax Laws. (a) The Fund Trust represents and warrants that it is or will be qualified as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code") or any successor or similar provision, and represents that it is or will qualify and maintain its qualification as a RIC and to comply with the diversification requirements set forth in Section 817(h) of the Code and the regulations thereunder or any successor or similar provision. The Fund Trust will notify LIFE COMPANY immediately upon having a reasonable basis for believing that it has ceased to so qualify or so comply, or that it might not so qualify or so comply in the future.

Appears in 1 contract

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

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