Common use of CHANGE IN OPERATION Clause in Contracts

CHANGE IN OPERATION. We reserve the right to transfer assets of the Variable Account to another account, and to modify the structure or operation of the Variable Account, subject to obtaining any necessary regulatory approvals. We guarantee that such modification will not affect the Contract Value. We will at all times maintain in the Separate Account(s) assets with a value at least equal to the amount accumulated in accordance with the applicable agreements with respect to such separate account and the reserves for annuities in the course of payment that vary with investment experience of such separate account. TRANSFERS BEFORE THE ANNUITY COMMENCEMENT DATE. Prior to the earlier of the: