GUARANTEES AND CHANGE OF CONTRACT Sample Clauses

GUARANTEES AND CHANGE OF CONTRACT. Nationwide guarantees that the Termination Fee schedule set forth on the Contract Specifications Page will not be changed during the term of this Contract. Nationwide guarantees that the interest rate(s) credited under this Contract will not be changed before the end of the period set forth under the Initial Interest Guarantee provision on the Contract Specifications Page(s), except via written agreement between the Contract Owner and Nationwide. Prior to expiration of the guarantee, Nationwide shall provide written notice to the Contract Owner of the new interest rate. Nationwide reserves the right to change all other provisions of this Contract as of the second Contract Anniversary and at any time thereafter, by giving written notice to the Contract Owner not less than sixty (60) days before the effective date of the change. Nationwide will guarantee any portion of this Contract added or changed for at least one year against subsequent change. Notwithstanding the other provisions of this Section, Nationwide may amend the Contract when, in the opinion of Nationwide, an amendment is necessary to protect Nationwide from adverse financial impact due to any amendment to or modification of the Plan, changes in the administrative practices adhered to by the Plan, changes in Investment Options offered by the Plan, or the action of any legislative, judiciary, or regulatory body, which impact the Contract. This Contract may also be changed in any respect, at any time, by written agreement between the Contract Owner and Nationwide. SAMPLE No change will adversely affect the rights of any Participant with respect to an Annuity purchased before the effective date of the change unless:
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GUARANTEES AND CHANGE OF CONTRACT. Nationwide guarantees that the Termination Fee schedule set forth on the Contract Specifications Page will not be changed during the term of this Contract. Nationwide reserves the right to change all other provisions of this Contract as of the second Contract Anniversary and at any time thereafter, by giving written notice to the Contract Owner not less than sixty (60) days before the effective date of the change, subject to the applicable regulatory approval. Nationwide will guarantee any portion of this Contract added or changed for at least one year against subsequent change. Notwithstanding the other provisions of this Section, Nationwide may amend the Contract when, in the opinion of Nationwide, an amendment is necessary to protect Nationwide from adverse financial impact due to any amendment to or modification of the Plan, changes in the administrative practices adhered to by the Plan, changes in Investment Options offered by the Plan, or the action of any legislative, judiciary, or regulatory body, which impact the Contract. This Contract may also be changed in any respect, at any time, by written agreement between the Contract Owner and Nationwide. No change will adversely affect the rights of any Participant with respect to an Annuity purchased before the effective date of the change unless: SAMPLE
GUARANTEES AND CHANGE OF CONTRACT. Nationwide guarantees that the Termination Fee schedule set forth on the Contract Specifications Page will not be changed during the term of this Contract. Nationwide guarantees that the interest rate(s) credited under this Contract will not be changed before the end of the period set forth under the Initial Interest Guarantee provision on the Contract Specifications Page(s), except via written agreement between the Contract Owner and Nationwide. Prior to expiration of the guarantee, Nationwide shall provide written notice to the Contract Owner of the new interest rate. Nationwide reserves the right to change the other provisions contained within the Contract Specifications Page(s) of this Contract as of the second Contract Anniversary and at any time thereafter, by giving written notice to the Contract Owner not less than sixty (60) days before the effective date of the change. Nationwide will guarantee any portion of this Contract added or changed for at least one year against subsequent change.
GUARANTEES AND CHANGE OF CONTRACT. The Company guarantees that the Contingent Deferred Sales Charge Percentage set forth on the Contract Summary Page will not be changed. The Company guarantees that no provision of the Contract will be changed before the fifth Contract Anniversary. The Company reserves the right to change the provisions of this Contract at any time thereafter, by giving written notice to the Contractholder not less than [ninety (90)] days before the effective date of the change. Any portion of this Contract added or changed will be guaranteed by the Company for one year against subsequent change. Notwithstanding the other provisions of this Section, the Company may amend the Contract when, in the opinion of the Company, an amendment is necessary to protect the Company from adverse financial impact due to any amendment to or modification of the Plan, changes in the administrative practices adhered to by the Plan, changes in investment options offered by the Plan, or the action of any legislative, judiciary, or regulatory body, which impact the Contract. If the shares of a Fund should no longer be available for investment by the Separate Account or if, in the judgment of the Company, further investment in the shares of a Fund should become inappropriate in view of the purposes of the Contract, the Company may substitute shares of another Fund for Fund shares already purchased or to be purchased in the future. This Contract may also be changed in any respect, at any time, by written agreement between the Contractholder and the Company. No change will adversely affect the rights of any Participant with respect to an Annuity purchased before the effective date of the change unless:
GUARANTEES AND CHANGE OF CONTRACT. (CONTINUED) No agent or other person except an officer of the Company or other Home Office official to whom authority has been delegated has authority to change this Contract, to extend the times for payment of Deposits, to waive any charges, or to bind the Company by making any promise, representation or by giving any information. Any change, extension, waiver, promise, or representation shall not be construed as authority, or act as a precedent, for the same or similar act performed by the Company on another occasion.
GUARANTEES AND CHANGE OF CONTRACT. The second paragraph (the first paragraph in APO-1472) is deleted in its entirety and replaced with the following: The Company guarantees that no provision of the Contract except the Managed Segregated Asset Account investment policy will be changed before the second Contract Anniversary. The Company reserves the right to change the provisions of this Contract at any time thereafter, by giving written notice to the Contractholder not less than ninety (90) days before the effective date of the change. /s/ Josexx X. Xxxxxx /S/ Gordxx X. XxXxxxxxxx PRESIDENT SECRETARY

Related to GUARANTEES AND CHANGE OF CONTRACT

  • Assignment and Change of Control a. Seller shall not and shall cause its affiliates not to, directly, indirectly, voluntarily or involuntarily, in each case, whether by transfer, operation of law, Change of Control (as defined in subparagraph b below) or otherwise assign this Contract, assign any of its rights or interest in this Contract, delegate any of its obligations under this Contract, or subcontract for all or substantially all of its performance of this Contract (each, an “Assignment”), without Buyer’s prior written consent after advance written notice by Seller. No purported Assignment, with or without Buyer’s consent, shall relieve Seller of any of its obligations under this Contract or prejudice any rights or claims that Buyer may have against Seller, whether such obligations, rights or claims, as the case may be, arise before or after the date of any purported Assignment; provided however, that Seller may assign its right to monies due or to become due under this Contract, and this Article does not limit Seller’s ability to purchase standard commercial supplies or raw material in connection with its performance of this Contract.

  • Repurchase of Notes at the Option of the Holders upon Change of Control and Asset Sales Upon the occurrence of a Change of Control, each holder shall have the right, subject to certain conditions specified in the Indenture, to cause the Issuer to repurchase all or any part of such holder’s Notes at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of the holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date), as provided in, and subject to the terms of, the Indenture. In accordance with Section 4.06 of the Indenture, the Issuer will be required to offer to purchase Notes upon the occurrence of certain events.

  • Termination on Change of Control 26.12.1 The Supplier shall notify the Authority immediately in writing if the Supplier undergoes a change of control within the meaning of Section 450 of the Corporation Tax Act 2010 ("Change of Control") and provided this does not contravene any Law shall notify the Authority immediately in writing of any circumstances suggesting that a Change of Control is planned or in contemplation. The Authority may terminate this Framework Agreement by giving notice in writing to the Supplier with immediate effect within six (6) Months of:

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