Liquidity Provision. If, during the term of this Agreement, Subsidiary needs funds not otherwise available to it to make timely payment of its obligations under the policies or otherwise, AIG shall provide, at the request of Subsidiary, such funds in cash, either as equity or as a loan at AIG's option, on a timely basis. If such funds are advanced to Subsidiary as a loan, such loan shall be on such terms and conditions, including maturity and rate of interest, as AIG and Subsidiary shall agree.
Appears in 5 contracts
Samples: Agreement (Variable Annuity Account One of Anchor National Life Ins Co), Agreement (Fs Variable Annuity Account Five), Agreement Between American International Group, Inc. And First Sunamerica Life Insurance Company (Fs Variable Annuity Account Two)
Liquidity Provision. If, during the term of this Agreement, Subsidiary needs funds not otherwise available to it to make timely payment of its obligations under the policies or otherwise, AIG shall provide, at the request of Subsidiary, such funds in cash, either as equity or as a loan at AIG's ’s option, on a timely basis. If such funds are advanced to Subsidiary as a loan, such loan shall be on such terms and conditions, including maturity and rate of interest, as AIG and Subsidiary shall agree.
Appears in 4 contracts
Samples: Agreement (First Sunamerica Life Insurance Co), Agreement (Aig Sunamerica Life Assurance Co), Agreement (Fs Variable Annuity Account Nine)
