Common use of Applicants' Representations Clause in Contracts

Applicants' Representations. The Trust is an open-end management investment company organized as a Massachusetts business trust on February 25, 1988. The Trust currently consists of five separate series, each with its own investment [*3] objective or objectives and policies. The Board of Trustees may establish additional series of shares at any time.

Appears in 2 contracts

Sources: Participation Agreement (Southern Farm Bureau Life Variable Account), Participation Agreement (Southern Farm Bureau Life Variable Life Account)

Applicants' Representations. The Trust is a Massachusetts business trust registered under the 1940 Act as an open-end management investment company organized as a Massachusetts business trust on February 25, 1988company. The Trust currently consists of five separate seriesinvestment portfolio (‘‘Portfolios’’), each with its own investment [*3] objective or objectives and policies. The Board of Trustees may establish additional series of shares at any timeportfolios.

Appears in 1 contract

Sources: Merger Agreement