REPRESENTATIONS AND WARRANTIES OF THE COMPANIES. (a) Each of the Companies represents and warrants that it is a life insurance company duly organized or existing and in good standing under applicable law and that each of its Accounts, prior to any issuance or sale of any Contracts by such Account and during the term of this Agreement, will be legally and validly established as a separate account pursuant to relevant state insurance law and either: (i) will be registered as a unit investment trust in accordance with the provisions of the 1940 Act; or (ii) will be exempt from such registration.
Appears in 9 contracts
Samples: Participation Agreement (John Hancock Trust), Participation Agreement (Hancock John Variable Series Trust I), Participation Agreement (John Hancock Life Insurance Co (Usa) Separate Account N)
REPRESENTATIONS AND WARRANTIES OF THE COMPANIES. (a) Each of the Companies The Company represents and warrants that it is a life insurance company duly organized or existing and in good standing under applicable law and that each of its Accounts, prior to any issuance or sale of any Contracts by such Account and during the term of this Agreement, will be legally and validly established as a separate account pursuant to relevant state insurance law and either: (i) will be registered as a unit investment trust in accordance with the provisions of the 1940 Act; or (ii) will be exempt from such registration.
Appears in 3 contracts
Samples: Participation Agreement (Thrivent Variable Annuity Account I), Participation Agreement (Jefferson National Life of New York Annuity Account 1), Participation Agreement (Jefferson National Life Annuity Account G)
