Common use of Certain Changes Clause in Contracts

Certain Changes. From and after the Effective Date, the Company shall set and may make changes to: (a) the Non-Guaranteed Elements of the Policies, provided any material changes to such Non-Guaranteed Elements shall be mutually agreed upon by the Parties; (b) the reserving methodology related to the Policies including changes required by Applicable Law or Iowa SAP; and (c) with respect to those Policies that are issued in connection with a Variable Separate Account, the addition or substitution of investment options to the extent permitted under the terms of such Policies.

Appears in 15 contracts

Samples: Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co)

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Certain Changes. From and after the Effective Date, the Company shall set and may make changes to: (a) the Non-Guaranteed Elements of the Policies, provided any material changes to such Non-Guaranteed Elements shall be mutually agreed upon by the Parties; (b) the reserving methodology related to the Policies including changes required by Applicable Law or Iowa SAP; and (c) with respect to those Policies that are issued in connection with a the Variable Separate Account, the addition or substitution of investment options to the extent permitted under the terms of such Policies.

Appears in 1 contract

Samples: Coinsurance Agreement (MEMBERS Horizon Variable Separate Account)

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Certain Changes. From and after the Effective Date, the Company shall set and may make changes to: : (a) the Non-Guaranteed Elements of the Policies, provided any material changes to such Non-Guaranteed Elements shall be mutually agreed upon by the Parties; ; (b) the reserving methodology related to the Policies including changes required by Applicable Law or Iowa SAP; and and (c) with respect to those Policies that are issued in connection with a Variable Separate Account, the addition or substitution of investment options to the extent permitted under the terms of such Policies.

Appears in 1 contract

Samples: Coinsurance Agreement (MEMBERS Life Insurance Co)

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