Common use of GENERAL UNDERSTANDING Clause in Contracts

GENERAL UNDERSTANDING. You will make Contributions as provided in this Contract. However, the existence of this Contract does not cause us to be a party to or a fiduciary of the Plan. We make no representation and assume no liability as to the sufficiency of Contributions or the Contractholder Account for the benefits to be provided under the Plan. You are solely responsible for the selection of this Contract as a suitable funding vehicle for the Plan.

Appears in 3 contracts

Samples: Group Annuity Contract (Prudential Discovery Select Group Variable Contract Acct), Group Annuity Contract (Prudential Discovery Select Group Variable Contract Acct), Group Annuity Contract (Prudential Discovery Select Group Variable Contract Acct)

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GENERAL UNDERSTANDING. You will make Contributions as provided in this Contract. However, the existence of this Contract does not cause us Us to be a party to or a fiduciary of the Plan. We make no representation and assume no liability as to the sufficiency of Contributions or the Contractholder Account for the benefits to be provided under the Plan. You are solely responsible for the selection of this Contract as a suitable funding vehicle for the Plan.

Appears in 2 contracts

Samples: Group Annuity Contract (Prudential Discovery Premier Group Variable Contract Account), Group Annuity Contract (Prudential Discovery Premier Group Variable Contract Account)

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