Common use of Investment Restrictions Clause in Contracts

Investment Restrictions. We may limit, at anytime on or after the rider effective date, the Sub-Accounts in which You may allocate Your Contract Value. We may require that You allocate Your Contract Value in accordance with any asset allocation models, investment programs or a fund of funds Sub-Account or Sub-Account that We direct You follow from time to time, on or after the rider effective date. Should We prohibit investment in any Sub-Account or require You to allocate Your Contract Value to an asset allocation model, investment program or a fund of funds Sub-Account or Sub-Account, any transfers required to reallocate Contract Value will not be used in determining the number of transfers allowed during a Contract Year. If the restrictions are violated, the withdrawal feature of this rider will be revoked. We will continue this rider’s DB feature only.

Appears in 3 contracts

Samples: Annuity Contract (Talcott Resolution Life & Annuity Insur Co Separate Account Three), Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)

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Investment Restrictions. We may limit, at anytime on or after the rider effective date, the Sub-Accounts in which You may allocate Your Contract Value. We may require that You allocate Your Contract Value in accordance with any asset allocation models, investment programs program or a fund of funds Sub-Account or Sub-Account that We direct You follow from time to time, on or after the rider effective date. Should We prohibit investment in any Sub-Account or require You to allocate Your Contract Value to an asset allocation model, investment program programs or a fund of funds Sub-Account or Sub-Account, any transfers required to reallocate Contract Value will not be used in determining the number of transfers allowed during a Contract Year. If the restrictions are violated, the withdrawal feature of this rider will be revoked. We will continue this rider’s DB feature only.

Appears in 3 contracts

Samples: Annuity Contract (Talcott Resolution Life & Annuity Insur Co Separate Account Three), Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)

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Investment Restrictions. We may limit, at anytime on or after the rider effective date, the Sub-Accounts in which You may allocate Your Contract Value. We may require that You allocate Your Contract Value in accordance with any asset allocation models, investment programs programs, or a fund of funds Sub-Account or Sub-Account that We direct You follow from time to time, on or after the rider effective date. Should We prohibit investment in any Sub-Account or require You to allocate Your Contract Value to an asset allocation model, investment program program, or a fund of funds Sub-Account or Sub-Account, any transfers required to reallocate Contract Value will not be used in determining the number of transfers allowed during a Contract Year. If the restrictions are violated, the withdrawal feature of this rider will be revoked. We will continue this rider’s DB feature only.

Appears in 3 contracts

Samples: Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Annuity Contract (Talcott Resolution Life & Annuity Insur Co Separate Account Three), Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)

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