Common use of The Company and the Clause in Contracts

The Company and the. Fund acknowledge that the arrangement contemplated by this Agreement is not exclusive; the cash value of the Contracts may be invested in other investment companies, provided, however, that (i) such other investment company, or series thereof, has investment objectives or policies that are substantially different from the investment objectives and policies of the Fund underlying the Contracts specified; or (ii) the Company gives the Fund thirty days written notice of its intention to make such other investment company available as a funding vehicle for the Contracts; or (iii) such other investment company was available as a funding vehicle for the Contracts prior to the date of this Agreement and the Company so informs the Fund prior to the execution of this Agreement; or (iv) the Fund consents to the use of such other investment company, such consent not to be unreasonably withheld.

Appears in 5 contracts

Samples: Participation Agreement (Ids Life Variable Account 10), Participation Agreement (Ids Life Variable Account 10), Participation Agreement (Wanger Advisors Trust)

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