Termination; Amendment. Subject to the limitations contained in this paragraph 5, AIG shall have the absolute right to terminate this Agreement upon 30 days written notice to Subsidiary. This Agreement may be amended at any time by written amendment or agreement signed by both parties subject to the limitations contained in this paragraph 5. Notwithstanding the amendment to or the termination of this Agreement, the obligations of AIG under paragraphs 1, 2 and 3 of this Agreement shall continue so long as any policy written prior to the termination of this Agreement is in force unless all policyholders of such policies consent in writing to the contrary; provided, however, that AIG shall have the right without the consent of any such policyholders to terminate this Agreement in the following circumstances:
Appears in 9 contracts
Samples: Agreement (Fs Variable Annuity Account Nine), Agreement Between American (First Sunamerica Life Insurance Co), Agreement (Aig Sunamerica Life Assurance Co)
Termination; Amendment. Subject to the limitations contained in this paragraph 5, AIG shall have the absolute right to terminate this Agreement upon 30 days written notice to SubsidiaryAIG Life. This Agreement may be amended at any time by written amendment or agreement signed by both parties subject to the limitations contained in this paragraph 5. Notwithstanding the amendment to or the termination of this Agreement, the obligations of AIG under paragraphs 1, 2 and 3 of this Agreement shall continue so long as any policy written prior to the termination of this Agreement is in force unless all policyholders of such policies consent in writing to the contrary; provided, however, that AIG shall have the right without the consent of any such policyholders to terminate this Agreement in the following circumstances:
Appears in 8 contracts
Samples: Agreement (Variable Account Ii Aig Life Insurance Co), Agreement (Variable Account I of Aig Life Ins Co), Agreement (Variable Account Ii Aig Life Insurance Co)
Termination; Amendment. Subject to the limitations contained in this ----------- paragraph 5, AIG shall have the absolute right to terminate this Agreement upon 30 days written notice to SubsidiaryAIG Life. This Agreement may be amended at any time by written amendment or agreement signed by both parties subject to the limitations contained in this paragraph 5. Notwithstanding the amendment to or the termination of this Agreement, the obligations of AIG under paragraphs 1, 2 and 3 of this Agreement shall continue so long as any policy written prior to the termination of this Agreement is in force unless all policyholders of such policies consent in writing to the contrary; provided, however, that AIG shall -------- ------- have the right without the consent of any such policyholders to terminate this Agreement in the following circumstances:
Appears in 1 contract
