Rights Reserved by the Company Sample Clauses
The 'Rights Reserved by the Company' clause establishes that the company retains certain rights that are not expressly granted or waived in the agreement. In practice, this means that even if the contract outlines specific permissions or obligations, any rights not specifically mentioned remain with the company, such as intellectual property rights, proprietary information, or the ability to make future decisions regarding its assets. This clause serves to protect the company's interests by ensuring it does not unintentionally forfeit control or ownership over important rights, thereby preventing misunderstandings or disputes about what is or is not included in the agreement.
Rights Reserved by the Company. The Company reserves the following rights to:
1) Reflect a change in the Separate Account or any Division thereunder; 2) Create new Separate Accounts; 3) Operate the Separate Account in any form permitted under the Investment Company Act of 1940 or in any other form permitted by law; 4) Transfer any assets in any Division in the Separate Account, or combine the Separate Account with another Separate Account; 5) Add, combine or remove Divisions in the Separate Account, or combine the Separate Account with another Separate Account; 6) Make any new Divisions available to the Owner on a basis to be determined by the company; 7) Substitute for the shares held in any Division the shares of another underlying fund or the shares of another investment company or any other investment permitted by law; 8) Make any changes as required by the Code or by any other applicable law, regulation or interpretation in order to continue treatment of this Contract as an annuity; 9) Make any changes to comply with the rules of any Fund.
Rights Reserved by the Company. The Company reserves the right, to the extent permitted by law, to: (1) deregister the Variable Account under the Investment Company Act of 1940; (2) combine any two or more Variable Accounts; (3) operate the Variable Account as a management investment company or in any other form permitted by law; (4) substitute shares of a Fund for shares of another investment company if shares of such Fund are not available, or if, in the Company's judgment, further investment in such Fund's shares is no longer appropriate; (5) add or delete Funds, or series or sub-series thereof, and corresponding Sub-Accounts; (6) add or remove Guarantee Periods available at any time for election by a Participant; and (7) restrict or eliminate any of the voting rights of Participants (or Owners) or other persons who have voting rights as to the Variable Account.
Rights Reserved by the Company. The Company reserves the right in its sole discretion to reject any or all subscriptions made hereby, in whole or in part, to accept subscriptions in the aggregate amount less than the Maximum Offering (as defined below), and/or to suspend or terminate or extend the Offering. In the event a subscription is rejected by the Company, the subscription funds shall be returned to the Subscriber without interest or deduction thereon.
Rights Reserved by the Company. Except as otherwise provided herein, the Company (on behalf of itself and its subsidiaries) retains the right, in its sole discretion and without granting any rights to Distributor: i. to grant other persons the right to operate, NSN Distributorships at such locations and on such conditions as the Company deems appropriate; and ii. to sell the Products and services offered to Distributor under the Marks or other trademarks, service marks and commercial symbols through similar or dissimilar channels of distribution and pursuant to such conditions as the Company deems appropriate.
Rights Reserved by the Company. The Company reserves the right to take certain actions subject to compliance with law including, if required, the approval of the owners of the policies. These actions are: (a) to create new investment accounts; (b) to combine any two or more separate investment accounts, including the Account; (c) to invest some or all of the assets of the Account other than in the New England Zenith Fund; (d) to invest some or all of the assets of the Account in any other investment company chosen by New England Life Insurance Company; (e) to remove a portfolio in which the sub-account is invested or to substitute a different portfolio; (f) to operate the Account as a management investment company and to charge investment advisory fees under the Investment Company Act of 1940 or to operate the Account in any other form permitted by law; and (g) to deregister the Account under the Investment Company Act of 1940 if registration is no longer required.
Rights Reserved by the Company. The Company reserves the right to take certain actions deemed to be in the best interests of the Contractowner and appropriate to carry out the purposes of this Contract, only when permitted by applicable law. Examples of the actions the Company may choose to take are: * operating the Separate Account in any form permitted by law; * taking any action necessary to comply with or obtain and continue any exemptions from the Investment Company Act of 1940; * changing the way the Company deducts or collects charges under this Contract, but without increasing the charges unless and to the extent permitted by other provisions of this Contract; * making any other necessary technical changes in this Contract in order to conform with any action that the Company is permitted to take; * adding to, eliminating, limiting, or suspending the Contractowner's ability to allocate Deposits or Exchanges into any Investment Option. The Company may at any time make any change in this Contract to the extent that such change is required in order to make this Contract conform with any law or any regulation issued by any governmental authority to which the Company is subject. The Company will provide written notice to the Contractowner of any actions that result in a change to this Contract. To the extent practicable, such notice shall be given prior to the effective date of any such changes.
Rights Reserved by the Company. Except as otherwise set out in this Contract, subject to required approvals by federal and state authorities and to all Company administrative rules which are lawful, nondiscriminatory and consistent with this Contract, we reserve the right to: (i) deregister a Separate Account under the Investment Company Act of 1940; (ii) combine any two or more Separate Accounts; (iii) operate a Separate Account as a management investment company or any other form permitted by law; (iv) add, substitute, combine or delete General Account(s) and Separate Account(s) Options; (v) to add, change or completely delete a Separate Account. Contributions: You determine, using whole percentages, what portion of your initial Contribution will be allocated among the Available Accounts offered on the Contract Date. For Non-Qualified Contracts, we are under no obligation to accept any initial Contribution of less than $500 or any additional Contribution of less than $100 and we reserve the right from time to time to modify such amounts. We may accept initial and additional Contributions of not less than $50 in connection with Qualified Contracts. Contributions over $1,000,000 require prior Company approval. You may choose to allocate nothing to a particular Available Account.
Rights Reserved by the Company. We reserve the right at any time and without notice to: ■ modify, suspend, or terminate ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or any portion thereof; ■ restrict, limit, suspend, or terminate your access to ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or any portion thereof; ■ verify the information which you provide to us; ■ verify compliance with these Terms and/or any applicable law; ■ temporarily suspend or permanently terminate your account for failure to comply with these Terms and/or any applicable law; ■ delete any content you post on ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ if in our reasonable opinion it does not comply with these Terms and/or applicable law; ■ monitor your use of ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ (including any content or message you post or broadcast on ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇); ■ investigate any suspected or alleged misuse or unlawful use of ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ and cooperate with law enforcement in such investigation; ■ disclose information about your use of ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ in connection with law enforcement investigation of any suspected or alleged illegal activity, or in response to a lawful subpoena or court order; and/or ■ change the payment or payout processor that enables you to make or receive payments as a User.
Rights Reserved by the Company. Subject to any required approval of the SEC, the Missouri Insurance Department, and any other regulatory authority, the Company reserves the right to take certain actions. These actions are:
Rights Reserved by the Company. A. For so long as this Agreement shall be in effect, and provided that Master Franchisor shall not have lost its exclusive rights to the Territory, as provided herein, and provided that Master Franchisor is not in default of any of its obligations hereunder, and except as otherwise provided herein, the Company shall not during the Term of this Agreement, or any renewal thereof, itself own, or operate or grant franchises to others to own or operate Sterling Optical Centers within the Territory. Notwithstanding the foregoing, the Company (on behalf of itself, its licensees, franchisees and affiliates) retains the right, in its sole discretion:
(1) to own, operate and grant franchises to others to operate businesses, outside of the Territory, offering some or all of the products and services authorized for sale by Sterling Optical Centers, under the Marks and/or other trade- marks, service marks and commercial symbols and pursuant to such terms and conditions as the Company deems appropriate;
(2) to itself operate, and to grant to other persons and/or entities the right to operate, Sterling Optical Centers at such locations, outside the Territory, at such times and on such terms and conditions as the Company deems appropriate;
(3) to own, operate or grant franchises to own or operate any of the Existing Centers, described in Section 7 of this Agreement, in the event of a default by the Master Franchisor of its obligations relating to any of said Centers;
(4) to manage, own, operate, participate in joint ventures, and grant franchises and/or Master Franchising rights, to one or more persons to operate and/or grant to others the right to grant to others the rights to operate franchises, licenses, departments, and/or concessions, within department stores or other host environments located within the Territory, as hereinafter defined, it being agreed that the term Center, as defined above, shall exclude any such retail optical outlets being operated within host environments; provided, however, that the Company shall not use the name Sterling Optical for any host environment within the Territory.
(5) to manufacture, sell or otherwise distribute some or all of the products and services authorized for sale by Sterling Optical Centers in any channel of distribution other than through Sterling Optical Centers including catalogue or mail order services, and/or to provide management and/or consulting services using the Business Systems, to ophthalmologists or other prof...