Examples of Variable Contracts in a sentence
Broker/Dealer acknowledges that Distributor does not operate as a retail broker/dealer in connection with Variable Contracts sold or serviced by Broker/Dealer.
Xxxxxxx Xxxxxxxxx provided incorrect, misleading, incomplete or materially untrue information in his Maine application for nonresident producer licensing by failing to disclose the above matter when he first applied and when he applied to add Variable Contracts authority.
The Reinsurer will administer, or cause the administration of, the Variable Contracts and provide Quarterly Accountings with respect thereto to the Company in accordance with the Administrative Services Agreement.
Upon Distributor’s request, Insurer shall provide Distributor with a preliminary draft of any exemptive application or no-action request to be filed with the SEC in connection with the Contracts and/or, in the case of Variable Contracts, the related Separate Account.
Principal Management Corporation (the ‘‘Adviser’’), Principal Variable Contracts Fund, Inc., Principal Balanced Fund, Inc., Principal Blue Chip Fund, Inc., Principal Capital Value Fund, Inc., Principal Midcap Fund, Inc., Principal Growth Fund, Inc., Principal Utilities Fund, Inc., Principal International Fund, Inc., Principal Bond International SmallCap Fund, Inc., Principal Real Estate Fund, Inc., Principal SmallCap Fund, Inc., and Principal Special Markets Fund, Inc.
In the case of Variable Contracts, Insurer shall take all action required to cause the related Separate Accounts to continue to comply, in all material respects, with the provisions of the 1940 Act and regulations and exemptions thereunder applicable to the Separate Accounts as a registered investment company under the 1940 Act.
Insurer shall use its best efforts to maintain the registration of the Contracts and, in the case of Variable Contracts, the related Separate Accounts with the SEC and any applicable State Securities Commission, such efforts to include, without limitation, best efforts to prevent a stop order from being issued by the SEC or any such State Securities Commission or, if a stop order has been issued, to cause such stop order to be withdrawn.
Other than expressly permitted under the Administrative Services Agreement or is otherwise required by Applicable Law, neither the Company nor the Reinsurer shall make any changes to the Company’s policy forms related to the Variable Contracts.
On and after the Transition Date, Administrator shall promptly notify the Company of any lawsuit, arbitration or other dispute resolution proceedings related to the Variable Contracts (a “Legal Proceeding”), and in no event more than five (5) Business Days after receipt of notice thereof.
Except as otherwise expressly provided for under the Administrative Services Agreement, Reinsurer’s compensation for all services provided to the Company with respect to the Variable Contracts pursuant to the Administrative Services Agreement shall be included in the reinsurance premium paid by the Company to Reinsurer pursuant to Section 2.03(b) of the Purchase Agreement, and the Company shall not be obligated to pay any additional monies to Reinsurer for such administrative services.