Common use of New York Life Insurance Company Compliance Obligations Clause in Contracts

New York Life Insurance Company Compliance Obligations. Nothing in this Agreement shall diminish the continuing obligations of New York Life Insurance Company to comply with applicable requirements of law that it maintain responsibility for the disposition of, and control over its admitted assets, investments and property, including (without limiting the generality of the foregoing) the provisions of Section 1411(b) of the New York Insurance Law, as amended, and as hereinafter from time to time in effect.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Diversa Corp), Stockholders' Agreement (Diversa Corp), Stockholders' Agreement (Diversa Corp)

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