Examples of Registered Separate Accounts in a sentence
The Ceding Company represents that it has received and reviewed the document entitled “Excessive Trading Policy.” The Administrator shall monitor, and where appropriate restrict, participant transactions in the Registered Separate Accounts in accordance with such policy.
During the applicable term of the Transitional Services Agreement, the Administrator will perform services with respect to Registered Separate Accounts in accordance with the Ceding Company’s Rule 38a-1 Compliance Program.
Accordingly, the COMPANY, where applicable, will vote shares of the FUND held in its Registered Separate Accounts in a manner consistent with voting instructions timely received from its Variable Contract owners.
The obligation to calculate voting privileges in a manner consistent with all other Registered Separate Accounts investing in the FUND will be a contractual obligation of all Participating Insurance Companies under the agreements governing participation in the FUND.
The COMPANY will be responsible for assuring that each of its Registered Separate Accounts that participates in the FUND calculates voting privileges on matters related to the FUND in a manner consistent with other Registered Separate Accounts owning shares of the FUND.
The Service Provider shall maintain and preserve records with respect to the Registered Separate Accounts as required by Rules 31a-1 and 31a-2 under the Investment Company Act of 1940, as amended, the Securities Exchange Act of 1934, as amended, and the rules promulgated by the NASD.
Following the applicable term of the Transitional Services Agreement, the Administrator will perform services with respect to 1006845735v24 Registered Separate Accounts in accordance with its Rule 38a-1 Compliance Program.
NYLIAC will provide pass-through voting privileges to all owners of variable contracts with respect to shares of the Fund owned by NYLIAC separate accounts that are registered as investment companies under the Investment Company Act of 1940 ("Registered Separate Accounts") for as long as the Securities and Exchange Commission continues to interpret the Investment Company Act of 1940 to require pass-through voting privileges for Registered Separate Accounts.
The Insurance Company shall vote shares of the Funds held in Registered Separate Accounts in accordance with instructions timely received by the Insurance Company (or its designated agent) from owners of Contracts funded by such Registered Separate Accounts having a voting interest in the Funds.
NYLIAC will assure that each Registered Separate Account participating in the Fund calculates voting privileges with respect to shares of the Fund in a manner consistent with the other Registered Separate Accounts owning shares of the Fund.