Common use of FUND SHARES Clause in Contracts

FUND SHARES. 3.1 Fund agrees to make the shares of each Portfolio available for purchase by Insurance Company and each Separate Account at net asset value, subject to the terms and conditions of this Agreement and the Portfolio Prospectus. Fund may refuse to sell the shares of any Portfolio to any person, or suspend or terminate the offering of the shares of any Portfolio, as permitted by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Board acting in good faith and in light of its fiduciary duties under federal and any applicable state laws, suspension or termination is necessary and in the best interests of the shareholders of such Portfolio.

FUND SHARES. 3.1 Fund agrees to make the shares Shares of each Portfolio available for purchase by Insurance Company and each Separate Account at net asset value, subject to the terms and conditions of this Agreement and the Portfolio Prospectus. Fund may refuse to sell the shares Shares of any Portfolio to any person, or suspend or terminate the offering of the shares Shares of any Portfolio, as permitted by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Board acting in good faith and in light of its fiduciary duties under federal and any applicable state laws, suspension or termination is necessary and in the best interests of the shareholders of such Portfolio.

FUND SHARES. 3.1 Fund agrees to make the shares of each Portfolio available for purchase by Insurance Company and each Separate Account at net asset valuevalue on each Business Day, subject to the terms and conditions of this Agreement and the Portfolio Prospectus. Fund may refuse to sell the shares of any Portfolio to any person, or suspend or terminate the offering of the shares of any Portfolio, as permitted by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Board acting in good faith and in light of its fiduciary duties under federal and any applicable state laws, suspension or termination is necessary and in the best interests of the shareholders of such Portfolio, including Insurance Company and the Separate Accounts.

FUND SHARES. 3.1 3.1. Fund agrees to make the shares of each Portfolio available for purchase by Insurance Company Insurer and each Separate Account at net asset valuevalue and without sales charge, subject to the terms and conditions of this Agreement and the Portfolio ProspectusAgreement. Fund may refuse to sell the shares of any Portfolio to any person, or suspend or terminate the offering of the shares of any Portfolio, as permitted Portfolio if such action is required by law or by regulatory authorities having jurisdiction or ifis, in the sole discretion of the Board Board, acting in good faith and in light of its fiduciary duties under federal and any applicable state laws, suspension or termination is necessary and in the best interests of the shareholders of such Portfolio.

FUND SHARES. 3.1 3.2. Fund agrees to make the shares of each Portfolio available for purchase by Insurance Company Insurer and each Separate Account at net asset valuevalue and without sales charge, subject to the terms and conditions of this Agreement and the Portfolio ProspectusAgreement. Fund may refuse to sell the shares of any Portfolio to any person, or suspend or terminate the offering of the shares of any Portfolio, as permitted Portfolio if such action is required by law or by regulatory authorities having jurisdiction or ifis, in the sole discretion of the Board Board, acting in good faith and in light of its fiduciary duties under federal and any applicable state laws, suspension or termination is necessary and in the best interests of the shareholders of such Portfolio.

FUND SHARES. 3.1 Fund agrees to make the shares of each Portfolio available for purchase by Insurance Company Insurer and each Separate Account at net asset valuevalue and without sales charge, subject to the terms and conditions of this Agreement and the Portfolio ProspectusAgreement. Fund may refuse to sell the shares of any Portfolio to any person, or suspend or terminate the offering of the shares of any Portfolio, as permitted Portfolio if such action is required by law or by regulatory authorities having jurisdiction or ifis, in the sole discretion of the Board Board, acting in good faith and in light of its fiduciary duties under federal and any applicable state laws, suspension or termination is necessary and in the best interests of the shareholders of such Portfolio.

FUND SHARES. 3.1 Fund agrees to make the shares Shares of each Portfolio available for purchase by Insurance Company and each Separate Account at net asset value, subject to the terms and conditions of this Agreement and the Portfolio Prospectus. Fund may refuse to sell the shares Shares of any Portfolio to any person, or suspend or terminate the offering of the shares Shares of any Portfolio, as permitted by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Board acting in good faith and in light of its fiduciary duties under federal and any applicable state laws, suspension or termination is necessary and in the best interests of the shareholders of such Portfolio. Fund will make commercially reasonable efforts to notify Insurance Company prior to the suspension or termination of the offering of any Portfolio Shares unless such notification would conflict with any federal or state securities law or regulation.

FUND SHARES. 3.1 Fund agrees to make the shares of each Portfolio available for purchase by Insurance Company and each Separate Account at net asset netasset value, subject to the terms and conditions of this Agreement and the Portfolio Prospectus. Fund may refuse to sell the shares theshares of any Portfolio to any person, or suspend or terminate the offering of the shares of any Portfolio, as permitted by law or by orby regulatory authorities having jurisdiction or if, in the sole discretion of the Board acting in good faith and in light of its fiduciary itsfiduciary duties under federal and any applicable state laws, suspension or termination is necessary and in the best interests of the ofthe shareholders of such Portfolio.