Common use of Termination of Supplement Clause in Contracts

Termination of Supplement. This Supplement may be terminated at any time by any party upon ninety (90) prior days written notice to the other parties. Notwithstanding the foregoing, this Supplement shall be terminated immediately upon either (i) a material breach of this Supplement by any party not cured within thirty (30) days after notice from the other party, or (ii) upon termination of the Agreement. The provisions of Section 8 shall survive any termination of this Supplement.

Appears in 5 contracts

Samples: Participation Agreement (Principal Life Insurance Co Separate Account B), Participation Agreement (Principal Life Insurance Co Separate Account B), Participation Agreement (Ml of New York Variable Life Separate Account)

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Termination of Supplement. This Supplement may be terminated at any time by any party upon ninety (90) prior days written notice to the other parties. Notwithstanding the foregoing, this Supplement shall be terminated immediately upon either (i) a material breach of this Supplement by any party not cured within thirty (30) days after notice from the other party, or (ii) upon termination of the Agreement. The provisions of Section 8 7 shall survive any termination of this Supplement.

Appears in 2 contracts

Samples: Participation Agreement (Allianz Life Variable Account B), Participation Agreement (Allianz Life of Ny Variable Account C)

Termination of Supplement. This Supplement may be terminated terminated, independently of and without otherwise affecting the Agreement, at any time by any party upon ninety (90) days prior days written notice to the other parties. Notwithstanding the foregoing, this Supplement shall may be terminated immediately upon either (i) a material breach of this Supplement by any party not cured within thirty (30) days after notice from the other party, or (ii) upon termination of the Agreement. The provisions of Section 8 7 (Indemnification), and any provisions necessary to effectuate the terms of Section 12.5 of the Agreement, shall survive any termination of this Supplement.

Appears in 1 contract

Samples: Participation Agreement (Delaware Life Variable Account F)

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Termination of Supplement. This Supplement may be terminated at any time by any party upon ninety (90) prior days written notice to the other parties. Notwithstanding the foregoing, this Supplement shall be terminated immediately upon either (i) a material breach of this Supplement by any party not cured within thirty (30) days after notice from the other party, or (ii) upon termination of the Agreement. The provisions of Section 8 this section shall survive any termination of this Supplement.

Appears in 1 contract

Samples: Participation Agreement (MEMBERS Horizon Variable Separate Account)

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