Common use of Fidelity Bond and Insurance Clause in Contracts

Fidelity Bond and Insurance. The Advisor shall maintain for the period of the Agreement a fidelity bond meeting the requirements of Section 412 of ERISA (unless the Trustee acknowledges that the Advisor is exempt from such requirements) and including its officers, directors and employees to the extent so required. The Advisor will provide to ABRF and the Trustee within twenty (20) business days of the effective date of this Agreement certificates of currency of all insurance policies that relate to the Subaccount, the Fund, the Trusts or the Plans, and, upon request by the Trustee or ABRF the Advisor will notify ABRF and the Trustee of any material changes in such policies, which change affects the coverage of the Advisor, within twenty (20) business days after the earlier of when such changes are made or are effective.

Fidelity Bond and Insurance. The Advisor shall maintain for the period of the Agreement a fidelity bond meeting the requirements of Section 412 of ERISA (unless the Trustee acknowledges that the Advisor is exempt from such requirements) and including its officers, directors and employees to the extent so required. The Advisor will provide to ABRF and the Trustee within twenty (20) business days of the effective date of this Agreement certificates of currency of all insurance policies that relate to the Subaccount, the Fund, the Trusts or the Plans, and, upon request and at such subsequent times as requested by the Trustee or ABRF the ABRF, a certificate of coverage with respect to any such policies. The Advisor will notify ABRF and the Trustee of any material changes in such policies, which change affects the coverage of the Advisor, within twenty (20) business days after the earlier of when such changes are made or are effective.

Fidelity Bond and Insurance. The Advisor shall maintain for the period of the Agreement a fidelity bond meeting the requirements of Section 412 of ERISA (unless the Trustee acknowledges that the Advisor is exempt from such requirements) and including its officers, directors and employees to the extent so required. The Advisor will provide to ABRF the ABA RF and the Trustee certificate(s) of coverage with respect to all insurance policies relating to the Subaccount, the Fund, the Trusts or the Plans within twenty (20) business days of the effective date of this Agreement certificates of currency of all insurance policies that relate to the Subaccount, the Fund, the Trusts or the Plans, and, upon request by the Trustee or ABRF the Agreement. The Advisor will notify ABRF the ABA RF and the Trustee of any material changes in such policies, which change affects the coverage of the Advisor, within twenty (20) business days after the earlier of when such changes are made or are effective.