Examples of MONY in a sentence
MONY America is a corporation duly organized and validly existing under the laws of the State of Arizona.
The Policies (including any Units credited thereunder) have been duly authorized and when issued in accordance with applicable regulatory approvals represent validly issued and binding obligations of MONY America.
Under Arizona law, the income, gains and losses, whether or not realized, from assets allocated to Variable Account L must be credited to or charged against such account, without regard to the other income, gains or losses of MONY America.
The Policies provide that the portion of the assets of Variable Account L equal to the reserves and other policy liabilities with respect to Variable Account L shall not be chargeable with liabilities arising out of any other business MONY America may conduct and that MONY America reserves the right to transfer assets of Variable Account L in excess of such reserves and policy liabilities to the general account of MONY America.
The assets of Variable Account L are owned by MONY America; MONY America is not a trustee with respect thereto.
The assets of Separate Account A are owned by MONY; MONY is not a trustee with respect thereto.
Under Arizona law, the income, gains and losses, whether or not realized, from assets allocated to Separate Account A must be credited to or charged against such account, without regard to the other income, gains or losses of MONY.
The Contracts (including any Units credited thereunder) have been duly authorized and when issued in accordance with applicable regulatory approvals represent validly issued and binding obligations of MONY.
The Contracts provide that the portion of the assets of Separate Account A equal to the reserves and other contract liabilities with respect to Separate Account A shall not be chargeable with liabilities arising out of any other business MONY may conduct and that MONY reserves the right to transfer assets of Separate Account A in excess of such reserves and contract liabilities to the general account of MONY.
MONY is a corporation duly organized and validly existing under the laws of the State of Arizona.