Conflict Remedies. (1) It is agreed that if it is determined by a majority of the members of the Board or a majority of the Disinterested Trustees that a material irreconcilable conflict exists, Company will, if it is a Participating Insurance Company involved in the material irreconcilable conflict, 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 8 contracts
Samples: Participation Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Participation Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Participation Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co)
Conflict Remedies. (1) 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 Trustees Directors that a material irreconcilable conflict exists, Company LIFE COMPANY will, if it is a Participating Insurance Company involved in the for which a material irreconcilable conflictconflict 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 (United Companies Separate Account One), Shareholder Services Agreement (First Ameritas Variable Annuity Separate Account), Participation Agreement (United Companies Separate Account One)
Conflict Remedies. (1) It is agreed that if it is determined by a majority of the members of the Board or a majority of the Disinterested Trustees disinterested trustees that a material irreconcilable conflict exists, Company will, if it is a Participating Insurance Company involved in the material irreconcilable conflict, at its own expense and to the extent reasonably practicable (as determined by a majority of the Disinterested Trusteesdisinterested 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: Target Funds Participation Agreement (Minnesota Life Individual Variable Universal Life Account), Target Funds Participation Agreement (Variable Annuity Account)
Conflict Remedies. (1) It is agreed that if it is determined by a majority of the members of the Board or a majority of the Disinterested Trustees that a material irreconcilable conflict exists, Company will, if it is a Participating Insurance Company involved in the for which a material irreconcilable conflictconflict 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 1 contract
Samples: Participation Agreement (Jefferson National Life Annuity Account G)
