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Common use of FUNDS UTIFIZED Clause in Contracts

FUNDS UTIFIZED. The second "Whereas" clause of the Agreement is hereby deleted in its entirety and replaced xvith the following language:

Appears in 2 contracts

Sources: Fund Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Fund Participation Agreement (Llany Separate Account S for Flexible Premium Variable Life Insurance)

Related Clauses

  • Reserve Funds, Generally
  • Funds Available
  • Investment of Cash Collateral
  • Funds Transfer Disbursements
  • Designation of Additional Amounts to Be Included in the Excess Spread Amount for the DiscoverSeries Notes

Parent Clauses

  • ENTIRE AGREEMENT

Sub-Clauses

  • RATIFICATION AND CONFIRMATION OF AGREEMENT
  • FULL FORCE AND EFFECT
  • COUNTERPARTS
  • FORCE AND EFFECT
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