Common use of Effect of Termination Clause in Contracts

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 171 contracts

Samples: Participation Agreement (Nationwide VL Separate Account-G), Participation Agreement (Sun Life of Canada U S Variable Account I), Participation Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)

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Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 70 contracts

Samples: Participation Agreement (PLAIC Variable Annuity Account S), Participation Agreement (Pruco Life Variable Appreciable Account), Participation Agreement (SEPARATE ACCOUNT B OF VOYA INSURANCE & ANNUITY Co)

Effect of Termination. Notwithstanding any termination of this Agreement, other than as a result of a failure by either the Fund or the Company to meet Section 817(h) of the Code diversification requirements, the Fund, the Distributor and the Underwriter shall Adviser shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 65 contracts

Samples: Fund Participation Agreement (Massachusetts Mutual Variable Annuity Separate Account 4), Participation Agreement (Separate Account No. 70), Participation Agreement (Equitable America Variable Account No.70A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Series pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 50 contracts

Samples: Participation Agreement (First Metlife Investors Variable Annuity Account One), Participation Agreement (General American Separate Account Eleven), Participation Agreement (New England Zenith Fund)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 42 contracts

Samples: Participation Agreement (Minnesota Life Individual Variable Universal Life Account), Participation Agreement (Minnesota Life Individual Variable Universal Life Account), Participation Agreement (Minnesota Life Individual Variable Universal Life Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Portfolio pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 36 contracts

Samples: Participation Agreement (New England Variable Annuity Separate Account), Participation Agreement (New England Variable Annuity Separate Account), Participation Agreement (Brighthouse Variable Annuity Account B)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 26 contracts

Samples: Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall 18 not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 21 contracts

Samples: Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 19 contracts

Samples: Participation Agreement (Separate Account Va Bny), Participation Agreement (Separate Account Va B), Participation Agreement (Separate Account Va Bny)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 18 contracts

Samples: Participation Agreement (Separate Account Va X), Participation Agreement (Separate Account Va S), Participation Agreement (Separate Account Va Y)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 11.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VIII, and the effect of such Article VII VIII terminations shall be governed by Article VII VIII of this Agreement.

Appears in 15 contracts

Samples: Participation Agreement (Separate Account a of Axa Equitable Life Insurance Co), Participation Agreement (Lincoln New York Account N for Variable Annuities), Participation Agreement (Lincoln Life Variable Annuity Account N)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 14 contracts

Samples: Participation Agreement (Companion Life Separate Account B), Participation Agreement (American National Variable Annuity Separate Account), Participation Agreement (Ausa Endeavor Variable Annuity Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Portfolio pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 14 contracts

Samples: Participation Agreement (Metropolitan Tower Separate Account Two), Participation Agreement (Metropolitan Tower Separate Account Two), Participation Agreement (Brighthouse Funds Trust II)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 12 contracts

Samples: Participation Agreement (WRL Series Life Account), Participation Agreement (TFLIC Separate Account VNY), Participation Agreement (TFLIC Separate Account VNY)

Effect of Termination. Notwithstanding any termination of this Agreement, other than as a result of a failure by either the Fund or the Company to meet Section 817(h) of the Code diversification requirements, the Fund, the Distributor and the Underwriter shall Adviser shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 12 contracts

Samples: Fund Participation Agreement (Symetra Resource Variable Account B), Fund Participation Agreement (Riversource Variable Annuity Account), Fund Participation Agreement (Riversource of New York Account 8)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall 18 not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 11 contracts

Samples: Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Series pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 11 contracts

Samples: Agreement (Metropolitan Series Fund Inc), Participation Agreement (Metropolitan Series Fund Inc), Participation Agreement (Metropolitan Series Fund Inc)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall Adviser shall, at the option of the Insurance Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts")) pursuant to the terms and conditions of this Agreement. Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 9.3 shall not apply to any terminations under Article VII VI and the effect of such Article VII VI terminations shall be governed by Article VII VI of this Agreement.

Appears in 10 contracts

Samples: Participation Agreement (Ausa Endeavor Variable Annuity Account), Participation Agreement (PFL Endeavor Variable Annuity Account /New/), Participation Agreement (Separate Account Va-2l of Transamerica Occidental Life Ins C)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 9 contracts

Samples: Participation Agreement (Ameritas Variable Separate Account V), Participation Agreement (Ameritas Life Insurance Corp Separate Account LLVL), Participation Agreement (Separate Account Vul-2 of the American Franklin Life Ins Co)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall MetLife shall, at the option of the Company, continue to make available additional shares of the Fund each Series pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 9 contracts

Samples: Participation Agreement (Metlife Investors Separate Account A), Participation Agreement (Metlife Investors Separate Account A), Participation Agreement (Metlife Investors Separate Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VII, and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 6 contracts

Samples: Participation Agreement (Nyliac Variable Annuity Separate Account I), Participation Agreement (Transamerica Corporate Separate Account Sixteen), Participation Agreement (Mony America Variable Account L)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust, the Advisor and the Underwriter Distributor shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 6 contracts

Samples: Agreement (Huntington Va Funds), Participation Agreement (Huntington Funds), Participation Agreement (Huntington Funds)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter Adviser shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 5 contracts

Samples: Participation Agreement (Transamerica Corporate Separate Account Sixteen), Participation Agreement (Transamerica Corporate Separate Account Sixteen), Participation Agreement (WRL Series Life Corporate Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 5 contracts

Samples: Participation Agreement (Security Equity Life Insurance Co Separate Account 13), Participation Agreement (Paragon Life Insurance Co Separate Account D), Participation Agreement (Security Equity Life Insurance Co Separate Account 13)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanyUnderwriter, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(f) or (g) of this Agreement.

Appears in 5 contracts

Samples: Participation Agreement (Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny), Participation Agreement (Price T Rowe Variable Annuity Account), Participation Agreement (Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (American National Variable Annuity Separate Account), Participation Agreement (Va I Separate Account of Unum Life Ins Co of America), Participation Agreement (Massachusetts Mutual Variable Life Separate Account I)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 11.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VIII, and the effect of such Article VII VIII terminations shall be governed by Article VII VIII of this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (Minnesota Life Variable Universal Life Account), Agreement (Van Eck Worldwide Insurance Trust), Participation Agreement (PHL Variable Accumulation Account II)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, . the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (Ag Separate Account A), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Ayco Series Trust)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (MML Bay State Variable Life Separate Account I), Participation Agreement (Massachusetts Mutual Variable Life Separate Account I), Participation Agreement (C M Life Variable Life Separate Account I)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 11.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VIII, and the effect of such Article VII VIII terminations shall be governed by Article VII VIII of this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (Variable Annuity Account A), Participation Agreement (SBL Variable Annuity Account Xiv)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts or the Company, whichever shall have the legal authority to do so, shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Life of Virginia Separate Account Ii), Participation Agreement (Life of Virginia Separate Account 4), Participation Agreement (Life of Virginia Separate Account Ii)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (National Variable Annuity Account Ii), Participation Agreement (Select Life Variable Account), Agreement (National Variable Annuity Account Ii)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, . the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Ayco Series Trust), Participation Agreement (Agl Separate Account Vl R), Participation Agreement (Usl Separate Account Usl Vl-R)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund Portfolios pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundPortfolios, redeem investments in the Fund and/or Portfolios or invest in the Fund Portfolios upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Ayco Series Trust), Participation Agreement (Ayco Series Trust), Hancock John Variable Life Account U

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the either Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Carillon Life Account), Participation Agreement (Ameritas Variable Separate Account V), Ameritas Life Insurance Corp Separate Account LLVL

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanyTransamerica, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts")) pursuant to the terms and conditions of this Agreement. Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement. 10.4.

Appears in 3 contracts

Samples: Participation Agreement (Separate Account Vul 2 of Transamerica Occidental Life Ins), Participation Agreement (Separate Account Vul 2 of Transamerica Occidental Life Ins), Participation Agreement (Sep Acct Vl 2 of Transamerica Occidental Life Insurance Co)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement. The provisions of Article VIII and Section 12.2 shall survive any termination of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Providentmutual Variable Annuity Separate Account), Participation Agreement (Provident Mutual Variable Annuity Separate Account), Participation Agreement (Provident Mutual Variable Annuity Separate Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. Contracts The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement The parties further agree that this Section 10 2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (SBL Variable Annuity Account Xi)

Effect of Termination. Notwithstanding any termination of --------------------- this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Massachusetts Mutual Variable Life Separate Account I), Participation Agreement (Mony America Variable Account L), Participation Agreement (Mony America Variable Account L)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanySociety, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 3 contracts

Samples: Participation Agreement (Modern Woodmen of America Variable Annuity Account), Participation Agreement (Modern Woodmen of America Variable Annuity Account), Participation Agreement (Modern Woodmen of America Variable Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts or the Company, whichever shall have legal authority to do so, shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Exhibit 1a (Life of Virginia Separate Account 4), Exhibit 1a (Life of Virginia Separate Account Ii)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(f) and 10.1 (g) of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Penn Mutual Variable Annuity Account Iii), Participation Agreement (Penn Mutual Variable Annuity Account Iii)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Portfolio pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1 (b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (General American Separate Account Two), Participation Agreement (General American Separate Account Two)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund Portfolios pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, . the owners of the Existing Contracts shall be permitted to reallocate investments in the FundPortfolios, redeem investments in the Fund and/or Portfolios or invest in the Fund Portfolios upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Ayco Series Trust), Participation Agreement (Ayco Series Trust)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall <Page> not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall MetLife shall, at the option of the Company, continue to make available additional shares of the Fund each Series pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section 10.1(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Metlife Investors Variable Annuity Account One), Participation Agreement (First Metlife Investors Variable Annuity Account One)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall Distributor shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Vll and the effect of such Article VII Vll terminations shall be governed by Article VII Vll of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Columbus Life Separate Account 1), Participation Agreement (Separate Account Ii of National Integrity Life Insurance Co)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanySociety, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Modern Woodmen of America Variable Account), Participation Agreement (Modern Woodmen of America Variable Annuity Account)

Effect of Termination. Notwithstanding any termination of this AgreementAgreement and for so long as Fund continues to be available for sale to existing shareholders, the Fund and the Underwriter Adviser shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 9.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

Effect of Termination. Notwithstanding any --------------------- termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (General American Life Insurance Co Separate Account Eleven), Participation Agreement (General American Life Insurance Co Separate Account Eleven)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall Adviser shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts Policies in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing ContractsPolicies")) pursuant to the terms and conditions of this Agreement. Specifically, without limitation, the owners of the Existing Contracts Policies shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsPolicies. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Aegon/Transamerica Series Trust), Participation Agreement (Separate Account Va U)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any terminations under Section 10.1(g) of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Nyliac Variable Annuity Separate Account I), Participation Agreement (First Providian Life & Health Insur Co Separate Account C)

Effect of Termination. (a) Notwithstanding any termination of this Agreement, the affected Fund and or the Underwriter shall Distributor will at the option of the Company, continue to make available additional shares of the affected Fund pursuant to the terms and conditions of this Agreement, Agreement for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, limitation the owners of the Existing Contracts shall be permitted to reallocate investments in the affected Fund, redeem investments in the affected Fund and/or invest in the affected Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 9.4 shall not apply to any terminations under Article VII VI and the effect of such Article VII VI terminations shall be governed by Article VII VI of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Riversource of New York Variable Annuity Account), Participation Agreement (Riversource Variable Account 10)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanyTransamerica, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts")) pursuant to the terms and conditions of this Agreement. Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Separate Account Vul 4 of Transamer Occidental Life Ins Co), Participation Agreement (Separate Account Va 8 of Transamerica Life Ins & Annuity Co)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Life & Annuity Trust), Participation Agreement (American Skandia Life Assur Corp Var Acct B Cl 1 Sub Accts)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Existing, Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate direct reallocation of investments in the Fund, redeem redemption of investments in the Fund and/or invest investment in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Ameritas Variable Life Insurance Co Separate Account V), Participation Agreement (American General Life Insurance Co Separate Account D)

Effect of Termination. Notwithstanding any termination of this Agreement, --------------------- the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 11.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VIII, and the effect of such Article VII VIII terminations shall be governed by Article VII VIII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Metlife Investors Usa Separate Account A), Participation Agreement (Metropolitan Life Separate Account E)

Effect of Termination. (a) Notwithstanding any termination of this Agreement pursuant to Section 7.1 of this Agreement and subject to Section 1.3 of this Agreement, the Company may require the Fund and the Underwriter shall at the option of the Company, to continue to make available additional shares of the Fund pursuant to the terms and conditions of this AgreementAgreement as provided in paragraph (b) below, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 7.4 shall not apply to any terminations under Article VII V and the effect of such Article VII V terminations shall be governed by Article VII V of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Lincoln Benefit Life Variable Life Account), Participation Agreement (Lincoln Benefit Life Variable Life Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 11.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VIII, and the effect of such Article VII terminations VIII termination shall be governed by Article VII VIII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Principal Life Insurance Co Variable Life Sep Account), Participation Agreement (Principal Life Insurance Co Variable Life Sep Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at shall, if the option of the CompanyCompany and Underwriter mutually agree, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the Fund, reinvest dividends, and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFund. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Variable Account I of AGL of Delaware), Variable Account a American Intl Life Assur Co of New York

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Bankers Life Insurance Co of New York Separate Account I), Participation Agreement (Il Annuity & Insurance Co Separate Account 1)

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Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (PFL Retirement Builder Variable Annuity Account), Agreement (Metropolitan Life Separate Account E)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust, the Advisor and the Underwriter shall Distributor shall, at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Sun Life of Canada U S Variable Account F), Participation Agreement (Huntington Funds)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter Adviser shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, . the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section l0.1(g) of this Agreement.

Appears in 2 contracts

Samples: Agreement (United of Omaha Separate Account C), United of Omaha Separate Account C

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.l(g) of this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Pruco Life Variable Universal Account), Participation Agreement (Pruco Life of New Jersey Variable Appreciable Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII VH of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Pia Variable Annuity Account I)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Select Life Variable Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Funds and the Underwriters shall, if the Company and the Underwriter shall at the option of the Companymutually agree, continue to make available additional shares of the Fund Funds pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the FundFunds, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFunds. The parties agree that this Section 10.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VII, and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Canada Life of America Variable Annuity Account 1)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or Fund, or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Offitbank Variable Insurance Fund Inc)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) and (h) of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Nationwide VL Separate Account-G)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Sage Variable Annuity Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall may be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations termination under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII Vii of this Agreement. The parties further agree that this Section 10.2 shall not apply to any termination under Section 10.1(g) of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Paragon Life Insurance Co Separate Account D)

Effect of Termination. Notwithstanding any termination of or this Agreement, the Fund Funds and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund Funds pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date elate of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the FundFunds, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFunds. The parties agree that this Section 10.2 I 0.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VII, and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Allstate Life of New York Variable Life Separate Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Massachusetts Mutual Variable Annuity Separate Account 4)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, Agreement for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.5 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.such

Appears in 1 contract

Samples: Participation Agreement (Lincoln Benefit Life Variable Life Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, . the owners of the Existing Contracts shall be permitted to reallocate investments in the Funddesignated Portfolio, redeem investments in the Fund and/or or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 9.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the Company, continue to make available additional shares of the Fund each Portfolio pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII Section IO.l(b) or Section 7, and in the case of terminations under Section 7 terminations, the effect of such Article VII terminations shall be governed by Article VII Section 7 of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Brighthouse Funds Trust I)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter Adviser shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund and/or Trust or invest in the Fund Trust upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 9.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

Effect of Termination. Notwithstanding any termination of this ---------------------- Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Va I Separate Account of Unum Life Ins Co of America)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms tem1s and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Allstate Life of New York Variable Life Separate Account A)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall Distributor shall, at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Select Ten Plus Fund LLC)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the CompanyConpany, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Ameritas Variable Life Insurance Co Separate Account V)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as ("Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article Aritcle VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Safeco Separate Account Sl)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations termination shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Nationwide VL Separate Account-G)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Principal Life Insurance Co Variable Life Sep Account)

Effect of Termination. (a). Notwithstanding any termination of this Agreement, subject to section 1.3 of this Agreement, the Company may require the Fund and the Underwriter shall at the option of the Company, to continue to make available additional shares of the Fund Company for so long after the termination of this Agreement as the Company desires pursuant to the terms and conditions of this Agreement, Agreement as provided in paragraph (b) below for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: 1 Participation Agreement (Acl Variable Annuity Account 2)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall shall, at the option of the CompanyCompanies, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (JPF Separate Account C of Jefferson Pilot Financial Ins Co)

Effect of Termination. Notwithstanding any termination of this --------- ----------- Agreement, the Fund Fu and the Underwriter shall at the option of the Company, continue to make available additional shares of 0 the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (JPF Separate Account C of Jefferson Pilot Financial Ins Co)

Effect of Termination. Notwithstanding any termination of this --------------------- Agreement, the Fund Funds and the Underwriters shall, if the Company and the Underwriter shall at the option of the Companymutually agree, continue to make available additional shares of the Fund Funds pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the FundFunds, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFunds. The parties agree that this Section 10.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VII, and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Canada Life of America Variable Annuity Account 1)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Funds and the Underwriter shall at shall, if the option of Company and the CompanyUnderwriter mutually agree, continue to make available additional shares of the Fund Funds pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the FundFunds, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFunds. The parties agree that this Section 10.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VII, and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Lincoln Benefit Life Variable Annuity Account)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund and the Underwriter shall Adviser shall, at the option of the CompanyFirst Transamerica, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.3 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Invesco Variable Investment Funds Inc)

Effect of Termination. Notwithstanding any termination of --------------------- this Agreement, the Fund and the Underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Va I Separate Account of Unum Life Ins Co of America)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter LFII shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing ContractsProducts"). Specifically, without limitation, the owners Owners of the Existing Contracts Products shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing ContractsProducts. The parties agree that this Section 10.2 10.4. shall not apply to any terminations under Article VII VII. and the effect of such Article VII VII. terminations shall be governed by Article VII VII. of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Cova Variable Annuity Account Five)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Trust and the Underwriter LFII shall at the option of the Company, continue to make available additional shares of the Fund Trust pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing ContractsProducts"). Specifically, without limitation, the owners Owners of the Existing Contracts Products shall be permitted to reallocate investments in the FundTrust, redeem investments in the Fund Trust and/or invest in the Fund Trust upon the making of additional purchase payments under the Existing ContractsProducts. The parties agree that this Section 10.2 10.4. shall not apply to any terminations termination under Article VII VII. and the effect of such Article VII VII. terminations shall be governed by Article VII VII. of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Cova Variable Annuity Account One)

Effect of Termination. Notwithstanding any termination of this Agreement, the Fund Funds and the Underwriters shall, if the Company and the Underwriter shall at the option of the Companymutually agree, continue to make available additional shares of the Fund Funds pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate retain investments in the FundFunds, reinvest dividends and redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing ContractsFunds. The parties agree that this Section 10.2 shall not apply to any terminations under Section 1.2 of Article VII I or under Article VII, and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Canada Life of New York Variable Annuity Account 1)

Effect of Termination. Notwithstanding any all at termination of --------------------- this Agreement, the Fund and the Underwriter underwriter shall at the option of the Company, continue to make available additional shares of the Fund pursuant to the terms and conditions of this Agreement, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII V3:1 of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Fidelity Variable Annuity Account /Ia/)

Effect of Termination. (a) Notwithstanding any termination of this Agreement pursuant to Section 10.1 of this Agreement and subject to Section 1.3 of this Agreement, the Company may require the Fund and the Underwriter shall at the option of the Company, to continue to make available additional shares of the Fund pursuant to the terms and conditions of this AgreementAgreement as provided in paragraph (b) below, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing ContractsContracts "). ) Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (JPF Separate Account C of Jefferson Pilot Financial Ins Co)

Effect of Termination. (a) Notwithstanding any termination of this Agreement, subject to section 1.3 of this Agreement, the Company may require the Fund and the Underwriter shall at the option of the Company, to continue to make available additional shares of the Fund for so long after the termination of this Agreement as the Company desires pursuant to the terms and conditions of this AgreementAgreement as provided in paragraph (b) below, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Acl Variable Annuity Account 2)

Effect of Termination. (a) Notwithstanding any termination of this Agreement pursuant to Section 10.1 of this Agreement and subject to Section 1.3 of this Agreement, the Company may require the Fund and the Underwriter shall at the option of the Company, to continue to make available additional shares of the Fund pursuant to the terms and conditions of this AgreementAgreement as provided in paragraph (b) below, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, the owners of the Existing Contracts shall be permitted to reallocate investments in the Fund, redeem investments in the Fund and/or invest in the Fund upon the making of additional purchase payments under the Existing Contracts. The parties agree that this Section 10.2 10.4 shall not apply to any terminations under -26- 27 Article VII and the effect of such Article VII terminations shall be governed by Article VII of this Agreement.

Appears in 1 contract

Samples: Sage Variable Annuity Account A

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