Common use of Contracts Duly Authorized Clause in Contracts

Contracts Duly Authorized. The Contracts covered by such Registration Statement have been duly authorized by Insurer and conform to the descriptions thereof in such Registration Statement and related Prospectus and, when issued as contemplated by such Registration Statement and related Prospectus, shall constitute legal, validly issued and binding obligations of Insurer in accordance with their terms. The form of the Contracts and, where applicable, the Separate Account have each been duly approved to the extent required by the Tennessee insurance commission and by the State Insurance Commission in every other State other than New York, or otherwise have been cleared for the issuance of the Contracts in such State.