Conflict Remedies. (a) It is agreed that if it is determined by a majority of the members of the Board of Trustees or a majority of the Disinterested Trustees that a material irreconcilable conflict exists, LIFE COMPANY 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 Trustees), take whatever steps are necessary to remedy or eliminate the material irreconcilable conflict, which steps may include, but are not limited to:
Appears in 35 contracts
Samples: Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (Variable Annuity Account A), Participation Agreement (SBL Variable Annuity Account Xiv)
Conflict Remedies. (a) It is agreed that if it is determined by a majority of the members of the Board of Trustees Directors or a majority of the Disinterested Trustees Directors that a material irreconcilable conflict exists, SECURITY LIFE COMPANY 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 TrusteesDirectors), take whatever steps are necessary to remedy or eliminate the material irreconcilable conflict, which steps may include, but are not limited to:
Appears in 3 contracts
Samples: Participation Agreement (Security Life Separate Account L1), Participation Agreement (Security Life Separate Account A1), Participation Agreement (Aim Variable Insurance Funds Inc)
Conflict Remedies. (a) It is agreed that if it is determined by a majority of the members of the Board of Trustees Directors or a majority of the Disinterested Trustees Directors that a material irreconcilable conflict exists, LIFE COMPANY 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 Trustees), take whatever steps are necessary to remedy or eliminate the material irreconcilable conflict, which steps may include, but are not limited to:a
Appears in 2 contracts
Samples: Participation Agreement (Aim Variable Insurance Funds Inc), Participation Agreement (Aim Variable Insurance Funds Inc)
Conflict Remedies. (a) a)......It is agreed that if it is determined by a majority of the members of the Board of Trustees Directors or a majority of the Disinterested Trustees Directors that a material irreconcilable conflict exists, LIFE COMPANY 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 TrusteesDirectors), take whatever steps are necessary to remedy or eliminate the material irreconcilable conflict, which steps may include, but are not limited to:
Appears in 2 contracts
Samples: Participation Agreement (United Companies Separate Account One), Participation Agreement (United Companies Separate Account One)
Conflict Remedies. (a) It is agreed that if it is determined by a majority of the members of the Board of Trustees or a majority of the Disinterested Trustees that a material irreconcilable conflict exists, LIFE COMPANY COMPANIES will, if it is they are 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 Trustees), take whatever steps are necessary to remedy or eliminate the material irreconcilable conflict, which steps may include, but are not limited to:
Appears in 2 contracts
Samples: Participation Agreement (Metlife of Ct Fund Ul Iii for Variable Life Insurance), Participation Agreement (Aim Variable Insurance Funds)
Conflict Remedies. (a) It is agreed that if it is determined by a majority of the members of the Board of Trustees Directors or a majority of the Disinterested Trustees Directors that a material irreconcilable conflict exists, LIFE COMPANY 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 TrusteesDirectors), take whatever steps are necessary to remedy or eliminate the material irreconcilable conflict, which steps may includeInclude, but are line not limited to:
Appears in 1 contract
Samples: Participation Agreement (Western Southern Life Assurance Co Separate Account 1)
Conflict Remedies. (a) It is agreed that if it is determined by a majority of the members of the Board of Trustees Directors or a majority of the Disinterested Trustees Directors that a material irreconcilable conflict exists, LIFE COMPANY 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 TrusteesDirectors), take whatever steps are necessary to remedy or eliminate the material irreconcilable conflict, which steps may include, but are not nor limited to:
Appears in 1 contract
Samples: Participation Agreement (Sage Variable Annuity Account A)
