Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to (a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817-5.
Appears in 23 contracts
Sources: Investment Management Agreement (Sun Life of Canada U S Variable Account G), Participation Agreement (Universal Institutional Funds Inc), Participation Agreement (Protective Variable Annuity Separate Account)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to (a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace time period afforded by Regulation 1.817-5.
Appears in 23 contracts
Sources: Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (Variable Annuity Account A), Participation Agreement (SBL Variable Annuity Account Xiv)
Diversification. 6.1. 6.1 The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take all reasonable steps to (a) to notify the Company of such event and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817817-5.
Appears in 21 contracts
Sources: Participation Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Participation Agreement (Ge Life & Annuity Assurance Co Iv), Participation Agreement (Ge Capital Life Separate Account Ii)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take all reasonable steps to (a) to notify the Company of such event and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817817-5.
Appears in 15 contracts
Sources: Participation Agreement (Separate Account I of National Integrity Life Ins Co), Participation Agreement (Separate Account I of National Integrity Life Ins Co), Participation Agreement (Separate Account Ii of Integrity Life Insurance Co)
Diversification. 6.1. The Fund represents, that it and each Portfolio will use its best efforts to at all times to comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund a Portfolio ceases to so qualify, it the Fund will take all reasonable steps to (a) to notify the Company of such event breach and (b) to adequately diversify the Fund Portfolio so as to achieve compliance within the grace period afforded by Regulation 1.817817-5.
Appears in 15 contracts
Sources: Participation Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Participation Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Participation Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to (a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace time period afforded by Regulation 1.817-5.
Appears in 12 contracts
Sources: Participation Agreement (Separate Account a of Pacific Life & Annuity Co), Participation Agreement (Separate Account a of Pacific Life & Annuity Co), Participation Agreement (Separate Account a of Pacific Life Insurance Co)
Diversification. 6.1. 6.1 The Fund will use its best commercially reasonable efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take all reasonable steps to (a) to notify the Company of such event and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817817-5.
Appears in 5 contracts
Sources: Participation Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Participation Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Participation Agreement (Guardian Separate Account K)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to (a) immediately notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace time period afforded by Regulation 1.817-5.
Appears in 4 contracts
Sources: Participation Agreement (Delaware Life Variable Account F), Investment Management Agreement (Sun Life (N.Y.) Variable Account J), Participation Agreement (Sun Life of Canada U S Variable Account I)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to (a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace time period afforded by Regulation 1.817-5.
Appears in 4 contracts
Sources: Participation Agreement (KILICO Variable Annuity Separate Account - 3), Participation Agreement (KILICO Variable Annuity Separate Account - 3), Participation Agreement (KILICO Variable Annuity Separate Account - 3)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to (aimmediately(a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace time period afforded by Regulation 1.817-5.
Appears in 4 contracts
Sources: Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Participation Agreement (Lincoln Life Variable Annuity Account N)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to to
(a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817-5.
Appears in 3 contracts
Sources: Participation Agreement (Carillon Life Account), Investment Management Agreement (Columbus Life Separate Account 1), Participation Agreement (Separate Account Va S)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.8171 817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to (a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace time period afforded by Regulation 1.8171 817-5.
Appears in 3 contracts
Sources: Participation Agreement (Variable Annuity Account A), Participation Agreement (Variable Annuity Account A), Participation Agreement (Variable Annuity Account B)
Diversification. 6.1. The Fund represents, that it and each Portfolio will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund a Portfolio ceases to so qualify, it the Fund will take all reasonable steps to (a) to notify the Company of such event breach and (b) to adequately diversify the Fund Portfolio so as to achieve compliance within the grace period afforded by Regulation 1.817817-5.
Appears in 3 contracts
Sources: Participation Agreement (First Symetra National Life Insurance Co of Ny Sep Acct S), Participation Agreement (Hartford Life Insurance Co Separate Account Two Dc Var Ac Ii), Participation Agreement (Symetra Resource Variable Account B)
Diversification. 6.1. The Fund will use its best efforts to and the Adviser represent and warrant that, at all times times, the Fund will comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take all reasonable steps to (a) to notify the Company of such event and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817817-5.
Appears in 3 contracts
Sources: Participation Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Participation Agreement (Hartford Life Insurance Co), Participation Agreement (Itt Hartford Life & Annuity Insurance Co Separate Acct Vl Ii)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Internal Revenue Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulationscontracts. In the event of a breach of this Article VI by the Fund ceases to so qualifyFund, it will take all reasonable steps to steps: (a) to notify the Company of such event breach; and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817-5Treasury Regulation.
Appears in 2 contracts
Sources: Participation Agreement (Ids Life of New York Account 8), Participation Agreement (Ids Life of New York Flexible Portfolio Annuity Account)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take all reasonable steps to (a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817-5.
Appears in 2 contracts
Sources: Participation Agreement (Separate Account I of National Integrity Life Ins Co), Participation Agreement (Separate Account I of Integrity Life Insurance Co)
Diversification. 6.1. 6.1 The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take all reasonable steps to (a) to notify the Company of such event and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817817-5.. ARTICLE 7
Appears in 2 contracts
Sources: Participation Agreement (Allstate Life of N Y Var Life Sep Acct A), Participation Agreement (Lincoln Benefit Life Variable Annuity Account)
Diversification. 6.1. The Each Fund represents and warrants that, at all times, each Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the any Fund ceases to so qualify, it will take all reasonable steps to (a) to notify the Company of such event and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817817-5.
Appears in 1 contract
Sources: Participation Agreement (Royal Life Insurance Co of America Separate Account One)
Diversification. 6.1. 5.1 The Fund will use its best efforts to represents and warrants that, at all times times, each Series will comply with Section 817(h) of the Code and Treasury Regulation 1.817-5all regulations thereunder, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulationsregulations. In the event the Fund a Series ceases to so qualify, it the Fund will take reasonable steps to (a) notify the Company immediately of such event and (b) the will take all steps necessary to adequately diversify the Fund Series so as to achieve compliance within the grace period afforded by Treasury Regulation Section 1.817-5.
Appears in 1 contract
Sources: Fund Participation Agreement (Forethought Life Insurance Co Separate Account A)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will immediately take reasonable steps to (a) notify the Company of such event and (b) take action to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817-5.
Appears in 1 contract
Sources: Investment Management Agreement (Sun Life of Canada U S Variable Account G)
Diversification. 6.1. 6.1 The Fund will use its best efforts to at all statutorily required times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take all reasonable steps to (a) to notify the Company of such event and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817817-5.
Appears in 1 contract
Sources: Participation Agreement (Sage Life Assurance of America Inc)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.8171 817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to (a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace time period afforded by Regulation 1.817-5.
Appears in 1 contract
Sources: Participation Agreement (Variflex)
Diversification. 6.1. 6.1 The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take all reasonable steps to (a) to notify the Company of such event and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817-5.. ARTICLE 7
Appears in 1 contract
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will as soon as practicable take reasonable steps to (a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817-5.
Appears in 1 contract
Sources: Investment Management Agreement (Lpla Separate Account One)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to immediately (a) notify the Company of such event and (b) take action to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817-5.
Appears in 1 contract
Sources: Investment Management Agreement (Sun Life of Canada U S Variable Account G)
Diversification. 6.1. The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-5, relating to the diversification requirements for annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take reasonable steps to (a) notify the Company of such event and (b) adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817-5.
Appears in 1 contract
Sources: Participation Agreement (Separate Account Fp of Equitable Life Assur Soc of the Us)
Diversification. 6.1. 6.1 The Fund will use its best efforts to at all times comply with Section 817(h) of the Code and Treasury Regulation 1.817-51.8175, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulations. In the event the Fund ceases to so qualify, it will take all reasonable steps to (a) to notify the Company of such event and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Regulation 1.817-58175.
Appears in 1 contract
Sources: Participation Agreement (Van Kampen Life Investment Trust)