Compliance with Code. 6.1. Section 817(h). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.
Appears in 11 contracts
Sources: Participation Agreement (Horace Mann Life Insurance Co Separate Account), Participation Agreement (Protective Variable Annuity Separate Account), Participation Agreement (Variable Annuity Account a of Protective Life)
Compliance with Code. 6.1. Section SECTION 817(h). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.
Appears in 7 contracts
Sources: Participation Agreement (National Variable Life Insurance Account), Participation Agreement (Sun Life of Canada U S Variable Account F), Participation Agreement (Goldman Sachs Variable Insurance Trust)
Compliance with Code. 6.1. Section 817(h). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall (i) notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future, and (ii) take all reasonable steps to adequately diversify a Fund to achieve compliance with the grace period afforded by Treasury Regulation 1.817-5.
Appears in 5 contracts
Sources: Participation Agreement (Life of Virginia Separate Account Ii), Participation Agreement (Ge Capital Life Separate Account Ii), Participation Agreement (Life of Virginia Separate Account 4)
Compliance with Code. 6.1. Section 817(hSECTION 817(H). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.
Appears in 4 contracts
Sources: Participation Agreement (Metlife of Ct Fund Ul for Variable Life Insurance), Participation Agreement (Pruco Life Variable Universal Account), Participation Agreement (Group Vel Acct of 1st Allmerica Financial Life Ins Co)
Compliance with Code. 6.11. Section 817(h). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the futurefuture and will immediately take all reasonable steps to adequately diversify the Fund to achieve compliance. Upon reasonable request, the Trust will provide the Company with a certification of compliance with Section 817(h) in such form as the Company and the Trust shall agree.
Appears in 3 contracts
Sources: Participation Agreement (Variable Annuity-2 Series Account), Participation Agreement (Variable Annuity-2 Series Account), Participation Agreement (Variable Annuity-2 Series Account)
Compliance with Code. 6.1. Section 817(h). Each Fund of the Trust shall comply with Section 817(h) of the Code and mad the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.
Appears in 2 contracts
Sources: Participation Agreement (Massachusetts Mutual Variable Life Separate Account I), Participation Agreement (C M Life Variable Life Separate Account I)
Compliance with Code. 6.1. Section SECTION 817(h). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the futurefuture and will immediately take all reasonable steps to adequately diversify the Fund to achieve compliance.
Appears in 2 contracts
Sources: Participation Agreement (Cova Variable Annuity Account One), Participation Agreement (Cova Variable Annuity Account Five)
Compliance with Code. 6.1. 6.1 Section 817(h). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall (i) notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future, and (ii) take all reasonable steps to adequately diversify a Fund to achieve compliance with the grace period afforded by Treasury Regulation 1.817-5.
Appears in 1 contract
Sources: Participation Agreement (Ge Capital Life Separate Account Ii)
Compliance with Code. 6.1. Section 817(h). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the futurefuture and will immediately take all reasonable steps to adequately diversify the Fund to achieve compliance. The Trust will provide the Company with a quarterly certification of compliance with Section 817 (h) in such form as the Company and the Trust shall agree.
Appears in 1 contract
Sources: Participation Agreement (Allstate Life of New York Separate Account A)
Compliance with Code. 6.1. Section 817(hSECTION 817(H). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall (i) notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future, and (ii) take all reasonable steps to adequately diversify a Fund to achieve compliance with the grace period afforded by Treasury Regulation 1.817-5.
Appears in 1 contract
Sources: Participation Agreement (Life of Virginia Separate Account 4)
Compliance with Code. 6.1. Section SECTION 817(h). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall (i) notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future, and (ii) take all reasonable steps to adequately diversify a Fund to achieve compliance with the grace period afforded by Treasury Regulation 1.817-5.
Appears in 1 contract
Sources: Participation Agreement (Farmers Annuity Separate Account A)
Compliance with Code. 6.1. Section 817(hSECTION 817(H). Each Fund of the Trust shall comply with Section 817(h) of the Code and the regulations issued thereunder ("817(h) Requirements") to the extent applicable to the Fund as an investment company underlying the Account, and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the futurefuture and will immediately take all steps necessary to adequately diversify the Fund to achieve compliance.
Appears in 1 contract
Sources: Participation Agreement (Kilico Variable Separate Account 2)