Common use of Insurance and Certain Other Laws Clause in Contracts

Insurance and Certain Other Laws. (a) AVIF will use its best efforts to comply with any applicable state insurance laws or regulations, to the extent specifically requested in writing by JNL, including, the furnishing of information not otherwise available to JNL which is required by state insurance law to enable JNL to obtain the authority needed to issue the Contracts in any applicable state. (b) JNL represents and warrants that (i) it is an insurance company duly organized, validly existing and in good standing under the laws of the State of New York and has full corporate power, authority and legal right to execute, deliver and perform its duties and comply with its obligations under this Agreement, (ii) it has legally and validly established and maintains each Account as a segregated asset account under Section 4240 of the New York Insurance Law and the regulations thereunder, and (iii) the Contracts comply in all material respects with all other applicable federal and state laws and regulations. (c) AVIF represents and warrants that it is lawfully organized, validly existing, and in good standing under the laws of the State of Delaware and has full power, authority, and legal right to execute, deliver, and perform its duties and comply with its obligations under this Agreement.

Appears in 8 contracts

Samples: Participation Agreement (Conseco Variable Annuity Account F), Participation Agreement (Aim Variable Insurance Funds), Participation Agreement (Conseco Variable Annuity Account C)

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Insurance and Certain Other Laws. (a) AVIF SMFI will use its best efforts to comply with any applicable state insurance laws or regulations, to the extent specifically requested in writing by JNLLIFE COMPANY, including, the furnishing of information not otherwise available to JNL LIFE COMPANY which is required by state insurance law to enable JNL LIFE COMPANY to obtain the authority needed to issue the Contracts in any applicable state. (b) JNL LIFE COMPANY represents and warrants that (i) it is an insurance company duly organized, validly existing and in good standing under the laws of the State of New York Iowa and has full corporate power, authority and legal right to execute, deliver and perform its duties and comply with its obligations under this Agreement, (ii) it has legally and validly established and maintains each Account as a segregated asset account under Section 4240 of the New York Iowa Insurance Law and the regulations thereunder, and (iii) the Contracts comply in all material respects with all other applicable federal and state laws and regulations. (c) AVIF SMFI represents and warrants that it is lawfully a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware Maryland and has full power, authority, and legal right to execute, deliver, and perform its duties and comply with its obligations under this Agreement.

Appears in 5 contracts

Samples: Participation Agreement (Equitrust Life Annuity Account), Participation Agreement (American Equity Life Annuity Account), Participation Agreement (Farm Bureau Life Annuity Account)

Insurance and Certain Other Laws. (a) AVIF will use its best efforts to comply with any applicable state insurance laws or regulations, to the extent specifically requested in writing by JNLLIFE COMPANY, including, the furnishing of information not otherwise available to JNL LIFE COMPANY which is required by state insurance law to enable JNL LIFE COMPANY to obtain the authority needed to issue the Contracts in any applicable state. (b) JNL LIFE COMPANY represents and warrants that (i) it is an insurance company duly organized, validly existing and in good standing under the laws of the State of New York and has full corporate power, authority and legal right to execute, deliver and perform its duties and comply with its obligations under this Agreement, (ii) it has legally and validly established and maintains each Account as a segregated asset account under Section 4240 of the New York Insurance Law Code and the regulations thereunder, and (iii) the Contracts comply in all material respects with all other applicable federal and state laws and regulations. (c) AVIF represents and warrants that it is lawfully a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware Maryland and has full power, authority, and legal right to execute, deliver, and perform its duties and comply with its obligations under this Agreement.

Appears in 5 contracts

Samples: Participation Agreement (Separate Account VA WNY), Participation Agreement (Separate Account VA YNY), Participation Agreement (Aim Variable Insurance Funds)

Insurance and Certain Other Laws. (a) AVIF will use its best efforts to comply with any applicable state insurance laws or regulations, to the extent specifically requested in writing by JNLLIFE COMPANY, including, the furnishing of information not otherwise available to JNL LIFE COMPANY which is required by state insurance law to enable JNL LIFE COMPANY to obtain the authority needed to issue the Contracts in any applicable state. (b) JNL LIFE COMPANY represents and warrants that (i) it is an insurance company duly organized, validly existing and in good standing under the laws of the State of New York and has full corporate power, authority and legal right to execute, deliver and perform its duties and comply with its obligations under this Agreement, (ii) it has legally and validly established and maintains each Account as a segregated asset account under Section 4240 of the New York Insurance Law and the regulations thereunder, and (iii) the Contracts comply in all material respects with all other applicable federal and state laws and regulations. (c) AVIF represents and warrants that it is lawfully organized, validly existing, and in good standing under the laws of the State of Delaware and has full power, authority, and legal right to execute, deliver, and perform its duties and comply with its obligations under this Agreement.

Appears in 4 contracts

Samples: Participation Agreement (Variable Annuity Account A), Participation Agreement (Variable Annuity Account A), Participation Agreement (Aim Variable Insurance Funds)

Insurance and Certain Other Laws. (a) AVIF will use its best efforts to comply with any applicable state insurance laws or regulations, to the extent specifically requested in writing by JNLINSURER, including, the furnishing of information not otherwise available to JNL INSURER which is required by state insurance law to enable JNL INSURER to obtain the authority needed to issue the Contracts in any applicable state. (b) JNL INSURER represents and warrants that (i) it is an insurance company duly organized, validly existing and in good standing under the laws of the State of New York and has full corporate power, authority and legal right to execute, deliver and perform its duties and comply with its obligations under this Agreement, (ii) it has legally and validly established and maintains each Account as a segregated asset account under Section 4240 of the New York Insurance Law law and the regulations thereunder, and (iii) the Contracts comply in all material respects with all other applicable federal and state laws and regulations. (c) AVIF represents and warrants that it is lawfully a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware Maryland and has full power, authority, and legal right to execute, deliver, and perform its duties and comply with its obligations under this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Aim Variable Insurance Funds), Participation Agreement (Aim Variable Insurance Funds)

Insurance and Certain Other Laws. (a) AVIF will use its best efforts to comply with any applicable state insurance laws or regulations, to the extent specifically requested in writing by JNLAIG, including, the furnishing of information not otherwise available to JNL AIG which is required by state insurance law to enable JNL AIG to obtain the authority needed to issue the Contracts in any applicable state. (b) JNL AIG represents and warrants that (i) it is an insurance company duly organized, validly existing and in good standing under the laws of the State of New York and has full corporate power, authority and legal right to execute, deliver and perform its duties and comply with its obligations under this Agreement, (ii) it has legally and validly established and maintains each Account as a segregated asset account under Section 4240 2932 of the New York Delaware Insurance Law and the regulations thereunder, and (iii) the Contracts comply in all material respects with all other applicable federal and state laws and regulations. (c) AVIF represents and warrants that it is lawfully a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware Maryland and has full power, authority, and legal right to execute, deliver, and perform its duties and comply with its obligations under this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Variable Account II of AGL of Delaware), Participation Agreement (Aim Variable Insurance Funds Inc)

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Insurance and Certain Other Laws. (a) AVIF will use its best efforts to comply with any applicable state insurance laws or regulations, to the extent specifically requested in writing by JNLAIG, including, the furnishing of information not otherwise available to JNL AIG which is required by state insurance law to enable JNL AIG to obtain the authority needed to issue the Contracts in any applicable state. (b) JNL AIG represents and warrants that (i) it is an insurance company duly organized, validly existing and in good standing under the laws of the State of New York and has full corporate power, authority and legal right to execute, deliver and perform its duties and comply with its obligations under this Agreement, (ii) it has legally and validly established and maintains each Account as a segregated asset account under Section 4240 of the New York Insurance Law and the regulations thereunder, and (iii) the Contracts comply in all material respects with all other applicable federal and state laws and regulations. (c) AVIF represents and warrants that it is lawfully a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware Maryland and has full power, authority, and legal right to execute, deliver, and perform its duties and comply with its obligations under this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Variable Account B American Intl Life Assur Co of New York), Participation Agreement (Aim Variable Insurance Funds Inc)

Insurance and Certain Other Laws. (a) AVIF will use its best efforts to comply with any applicable state insurance laws or regulations, to the extent specifically requested in writing by JNLLIFE COMPANY, including, the furnishing of information not otherwise available to JNL LIFE COMPANY which is required by state insurance law to enable JNL LIFE COMPANY to obtain the authority needed to issue the Contracts in any applicable state. (b) JNL LIFE COMPANY represents and warrants that (i) it is an insurance company duly organized, validly existing and in good standing under the laws of the State of New York NewYork and has full corporate power, authority and legal right to execute, deliver and perform its duties and comply with its obligations under this Agreement, (ii) it has legally and validly established and maintains each Account as a segregated asset account under Section 4240 of the New York Insurance Law and the regulations thereunder, and (iii) the Contracts comply in all material respects with all other applicable federal and state laws and regulations. (c) AVIF represents and warrants that it is lawfully a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware Maryland and has full power, authority, and legal right to execute, deliver, and perform its duties and comply with its obligations under this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Reliastar Life Ins Co of New York Var Life Sep Acct I), Participation Agreement (Reliastar Bankers Security Life Insurance Co)

Insurance and Certain Other Laws. (a) AVIF will use its best efforts to comply with any applicable state insurance laws or regulations, to the extent specifically requested in writing by JNLLIFE COMPANY, includingwhich efforts shall include, without limitation, the furnishing of information that is not otherwise available to JNL which LIFE COMPANY and that is required by state insurance law to enable JNL LIFE COMPANY to obtain the authority needed to issue the Contracts in any applicable state. (b) JNL LIFE COMPANY represents and warrants that (i) it is an insurance company duly organized, validly existing and in good standing under the laws of the State of New York and has full corporate power, authority and legal right to execute, deliver and perform its duties and comply with its obligations under this Agreement, (ii) it has legally and validly established and maintains each Account as a segregated asset account under Section 4240 of the New York Insurance Law and the regulations thereunderinsurance law, and (iii) the Contracts comply in all material respects with all other applicable federal and state laws and regulations. (c) AVIF represents and warrants that it is lawfully organized, validly existing, and in good standing under the laws of the State of Delaware and has full power, authority, and legal right to execute, deliver, and perform its duties and comply with its obligations under this Agreement.

Appears in 1 contract

Samples: Participation Agreement (Fs Variable Separate Account)

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