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 Guardian, including, the furnishing of information not otherwise available to Guardian which is required by state insurance law to enable Guardian to obtain the authority needed to issue the Contracts in any applicable state. (b) Guardian 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 Delaware 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 2932 of the Delaware Insurance 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 a corporation duly organized, validly existing, and in good standing under the laws of the State of 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 7 contracts

Samples: Participation Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Participation Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Participation Agreement (Guardian Separate Account K)

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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 GuardianSun Life, including, the furnishing of information not otherwise available to Guardian Sun Life which is required by state insurance law to enable Guardian Sun Life to obtain the authority needed to issue the Contracts in any applicable state. (b) Guardian Sun Life 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 Delaware 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 2932 of the Delaware Insurance Code 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 a corporation duly organized, validly existing, and in good standing under the laws of the State of 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 (Delaware Life Variable Account F), Participation Agreement (Sun Life of Canada U S Variable Account F), Participation Agreement (Sun Life of Canada U S Variable Account G)

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 GuardianLIFE COMPANY, including, the furnishing of information not otherwise available to Guardian LIFE COMPANY which is required by state insurance law to enable Guardian LIFE COMPANY to obtain the authority needed to issue the Contracts in any applicable state. (b) Guardian 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 Delaware Washington 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 2932 of the Delaware Washington Insurance Code 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 a corporation duly organized, validly existing, and in good standing under the laws of the State of 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 3 contracts

Samples: Participation Agreement (Safeco Separate Account Sl), Participation Agreement (Aim Variable Insurance Funds), Participation Agreement (Separate Account One of Northern 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 GuardianCova, including, the furnishing of information not otherwise available to Guardian Cova which is required by state insurance law to enable Guardian Cova to obtain the authority needed to issue the Contracts in any applicable state. (b) Guardian Cova 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 Delaware California 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 2932 of the Delaware California Insurance Code 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 a corporation duly organized, validly existing, and in good standing under the laws of the State of 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 (Cova Variable Annuity Account Five), 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 GuardianCova, including, the furnishing of information not otherwise available to Guardian Cova which is required by state insurance law to enable Guardian Cova to obtain the authority needed to issue the Contracts in any applicable state. (b) Guardian Cova 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 Delaware Missouri 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 2932 of the Delaware Missouri Insurance Code 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 a corporation duly organized, validly existing, and in good standing under the laws of the State of 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 (Cova Variable Annuity Account One), 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 GuardianINSURER, including, the furnishing of information not otherwise available to Guardian INSURER which is required by state insurance law to enable Guardian INSURER to obtain the authority needed to issue the Contracts in any applicable state. (b) Guardian 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 Delaware 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 2932 of the Delaware Insurance Code New York 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 a corporation duly organized, validly existing, and in good standing under the laws of the State of 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 1 contract

Samples: Participation Agreement (Sun Life N Y Variable Account C)

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 Guardian, including, the furnishing of information not otherwise available to Guardian which is required by state insurance law to enable Guardian to obtain the authority needed to issue the Contracts in any applicable state. (b) Guardian 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 Delaware 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 2932 of the Delaware Insurance Code 8 12 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 a corporation duly organized, validly existing, and in good standing under the laws of the State of 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 1 contract

Samples: Participation Agreement (Aim Variable Insurance Funds Inc)

Insurance and Certain Other Laws. (a) AVIF IVIF will use its best efforts to comply with any applicable state insurance laws or regulations, to the extent specifically requested in writing by GuardianFKLA, including, the furnishing of information not otherwise available to Guardian FKLA which is required by state insurance law to enable Guardian FKLA to obtain the authority needed to issue the Contracts in any applicable state. (b) Guardian FKLA 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 Delaware 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 2932 the laws of the Delaware Insurance Code and the regulations thereunderState of , ---------- and (iii) the Contracts comply in all material respects with all other applicable federal and state laws and regulations. (c) AVIF IVIF represents and warrants that it is a corporation duly lawfully organized, validly existing, and in good standing under the laws of the State of Maryland 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 (Fkla Variable Annuity Separate Account)

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