Contract Owner Approval. This Agreement will have been approved by the affirmative vote of the holders of the majority of the voting power of all Acquired Fund shares entitled to vote. The separate accounts of Allianz Life and Allianz Life of NY that fund the Contracts, together with certain affiliates, are the owners of record of the Acquired Fund shares; however, the owners of the Contracts ("Contract Owners"), as beneficial owners of the Acquired Fund shares held by the separate accounts, will have the opportunity to instruct Allianz Life and Allianz Life of NY on how to vote the shares held by the separate accounts.
Appears in 7 contracts
Samples: Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust), Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust), Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust)
Contract Owner Approval. This Agreement will have been approved by the affirmative vote of the holders of the majority of the voting power of all the Acquired Fund shares entitled to vote. The separate accounts of Allianz Life and Allianz Life of NY that fund the Contracts, together with certain affiliates, are the owners of record of the Acquired Fund shares; however, the owners of the Contracts ("Contract Owners"), as beneficial owners of the Acquired Fund shares held by the separate accounts, will have the opportunity to instruct Allianz Life and Allianz Life of NY on how to vote the shares held by the separate accounts.
Appears in 7 contracts
Samples: Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust), Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust), Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust)
