Common use of Effect on Contract Obligations Clause in Contracts

Effect on Contract Obligations. Any annuities purchased prior to notification of contract termination are unaffected by a termination. We may refuse further Contributions at any time after a termination notice has been given. If we have been providing recordkeeping services, such services stop on the termination effective date. This contract terminates automatically if no amounts remain in either the FIA or any Investment Account. P-GB-K-ERTDAMFVA.16

Appears in 1 contract

Sources: Insurance Contract (Aul American Unit Trust)

Effect on Contract Obligations. Any annuities purchased prior to notification of contract Contract termination are unaffected by a termination. We may refuse further Contributions at any time after a termination notice has been given. If we have been providing recordkeeping services, such services stop on the termination effective date. This contract The Contract terminates automatically if no amounts remain in either the FIA or any Investment Account. P-GB-KC-ERTDAMFVA.16AUL1MFVA.17

Appears in 1 contract

Sources: Insurance Contract (Aul American Unit Trust)

Effect on Contract Obligations. Any annuities purchased prior to notification of contract termination are unaffected by a termination. We may refuse further Contributions at any time after a termination notice has been given. If we have been providing recordkeeping services, such services stop on [the termination effective date. If we cease to provide Plan recordkeeping for any reason, any administrative services agreement between you and us regarding your Plan and/or this contract is thereby terminated.] This contract terminates automatically if no amounts remain in either the FIA or any Investment Account. PGB10.OM-GB-K-ERTDAMFVA.16K [(SBR)] 22

Appears in 1 contract

Sources: Guaranteed Benefit Employer Sponsored Tda and Qualified Plan (Aul American Unit Trust)

Effect on Contract Obligations. Any annuities purchased prior to notification of contract Contract termination are unaffected by a termination. We may refuse further Contributions at any time after a termination notice has been given. If we have been providing recordkeeping services, such services stop on the termination effective date. This contract The Contract terminates automatically if no amounts remain in either the FIA or any Investment Account. P-GB-KC-ERTDAMFVA.16ERTDAMFVA.17 SECTION 10 - GENERAL PROVISIONS

Appears in 1 contract

Sources: Insurance Contract (Aul American Unit Trust)

Effect on Contract Obligations. Any annuities purchased prior to notification of contract termination are unaffected by a termination. We may refuse further Contributions at any time after a termination notice has been given. If we have been providing recordkeeping services, such services stop on the termination effective date. If we cease to provide Plan recordkeeping for any reason, we cease to maintain individual Participant Accounts under the contract, and any administrative services agreement between you and us regarding your Plan and/or this contract is thereby terminated. This contract terminates automatically if no amounts remain in either the FIA or any Investment Account. P-GB-K-ERTDAMFVA.16.

Appears in 1 contract

Sources: Insurance Contract

Effect on Contract Obligations. Any annuities purchased prior to notification of contract termination are unaffected by a termination. We may refuse further Contributions at any time after a termination notice has been given. If we have been providing recordkeeping services, such services stop on the termination effective date. This contract terminates automatically if no amounts remain in either the FIA or any Investment Account. P-GB-K-ERTDAMFVA.16AUL1MFVA.18 SECTION 10 - GENERAL PROVISIONS

Appears in 1 contract

Sources: Insurance Contract (Aul American Unit Trust)

Effect on Contract Obligations. Any annuities purchased prior to notification of contract termination are unaffected by a termination. We may refuse further Contributions at any time after a termination notice has been given. If we have been providing recordkeeping services, such services stop on the termination effective date. This contract terminates automatically if no amounts remain in either the FIA or any Investment Account. P-GB-K-ERTDAMFVA.16contract.

Appears in 1 contract

Sources: Insurance Contract