NO SALES TO THE GENERAL PUBLIC. AVIF represents and warrants that no Shares of any Fund have been or will be sold to the general public, it being understood by the Parties that AVIF may sell shares of any Fund to any person eligible to invest in that Fund in accordance with applicable provisions of Section 817(h) of the Code and the regulations thereunder, and that if such provisions are not applicable, then AVIF may sell shares of any Fund to any person, including members of the general public.
Appears in 6 contracts
Samples: Participation Agreement (Carillon Life Account), Participation Agreement (Aim Variable Insurance Funds), Participation Agreement (Aim Variable Insurance Funds Inc)
NO SALES TO THE GENERAL PUBLIC. AVIF represents and warrants that no Shares of any Fund have been or will be sold to the general public, it being understood by the Parties that AVIF may sell shares of any Fund to any person eligible to invest in that Fund in accordance with applicable provisions of Section 817(h) of the Code and the regulations thereunder, and that if such provisions are not applicable, then AVIF may sell shares of any Fund to any person, including members of the general public.. The following subsection is added to Section 2.3:
Appears in 4 contracts
Samples: Participation Agreement (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co), Participation Agreement (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co), Participation Agreement (Aim Variable Insurance Funds)
NO SALES TO THE GENERAL PUBLIC. AVIF represents and warrants that no Shares of any Fund have been or will be sold to the general public, it being is understood by the Parties that AVIF may sell shares of any Fund to any person eligible to invest in that Fund in accordance with applicable provisions of Section 817(h) of the Code and the regulations thereunder, and that if such provisions are not applicable, then AVIF may sell shares of any Fund to any person, including members of the general public.
Appears in 3 contracts
Samples: Participation Agreement (Cuna Mutual Variable Annuity Account), Participation Agreement (Aim Variable Insurance Funds), Participation Agreement (Cuna Mutual Variable Annuity Account)
NO SALES TO THE GENERAL PUBLIC. AVIF represents and warrants that no Shares of any Fund have been or will be sold to the general public, it being understood by the Parties that AVIF may sell shares of any Fund to any person eligible to invest in that Fund in accordance with applicable provisions of Section 817(h) of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder, and that if such provisions are not applicable, then AVIF may sell shares of any Fund to any person, including members of the general public.
Appears in 1 contract
Samples: Participation Agreement (Aim Variable Insurance Funds)
