Conflict Remedies. (a) It is agreed that if it is determined by a majority of the members of the Board of Directors or a majority of the Disinterested Directors that a material irreconcilable conflict exists, Cova will, if it is a Participating Insurance Company for which a material irreconcilable conflict is relevant, at its own expense and to the extent reasonably practicable (as determined by a majority of the Disinterested Directors), take whatever steps are necessary to remedy or eliminate the material irreconcilable conflict, which steps may include, but are not limited to:
Appears in 8 contracts
Samples: Participation Agreement (First Metlife Investors Variable Annuity Account One), Participation Agreement (Aim Variable Insurance Funds), Participation Agreement (Aim Variable Insurance Funds Inc)
