Common use of NOTICE REQUIREMENT FOR TERMINATION Clause in Contracts

NOTICE REQUIREMENT FOR TERMINATION. No termination of this Agreement will be effective unless and until the party terminating this Agreement gives prior written notice to the other party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore, (a) in the event that any termination is based upon the provisions of Section 9.1(a) hereof, such prior written notice shall be given at least sixty (60) days in advance of the effective date of termination as required by such provision; (b) in the event that any termination is based upon the provisions of Section 9.1(b) or Section 9.1(c) hereof, such prior written notice shall be given at least sixty (60) days in advance of the effective date of termination; (c) in the event that any termination is based upon the provisions of Section 9.1(d) hereof, the PLAN will give at least sixty (60) days prior written notice to the FUND of the date of any proposed action to substitute FUND shares, including the filing of any applicable exemptive application under the 1940 Act relating to the PLAN; and the PLAN will provide the FUND with a copy of any such exemptive application; and (d) in the event that any termination is based upon the provisions of Section 9.1(e), Section 9.1(f), or Section 9.1(g) hereof, such prior written notice shall be given as soon as possible within twenty-four (24) hours after the terminating party learns of the event causing termination to be required.

Appears in 3 contracts

Samples: Participation Agreement (Aal Variable Life Account I), Participation Agreement (Aal Variable Annuity Account Ii), Participation Agreement (Aal Variable Product Series Fund Inc)

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NOTICE REQUIREMENT FOR TERMINATION. No termination of this Agreement will be effective unless and until the party terminating this Agreement gives prior written notice to the other party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore, (a) in the event that any termination is based upon the provisions of Section 9.1(a8.1(a) hereof, such prior written notice shall be given at least sixty one hundred eighty (60180) days in advance of the effective date of termination as required by such provision; (b) in the event that any termination is based upon the provisions of Section 9.1(b8.1(b) or Section 9.1(c8.1(c) hereof, such prior written notice shall be given at least sixty ninety (6090) days in advance of the effective date of termination; (c) in the event that any termination is based upon the provisions of Section 9.1(d8.1(d) hereof, the PLAN AAL will give at least sixty (60) days prior written notice to the FUND of the date of any proposed action to substitute FUND shares, including the filing of any applicable exemptive application under the 1940 Act relating to the PLANACCOUNTS; and the PLAN AAL will provide the FUND with a copy of any such exemptive application; and (d) in the event that any termination is based upon the provisions of Section 9.1(e8.1(e), Section 9.1(f8.1(f), or Section 9.1(g8.1(g) hereof, such prior written notice shall be given as soon as possible within twenty-four (24) hours after the terminating party learns of the event causing termination to be required.

Appears in 3 contracts

Samples: Participation Agreement (Aal Variable Product Series Fund Inc), Participation Agreement (Aal Variable Life Account I), Participation Agreement (Aal Variable Life Account I)

NOTICE REQUIREMENT FOR TERMINATION. No termination of this Agreement will be effective unless and until the party terminating this Agreement gives prior written notice to the other party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore, (a) 1. in the event that any termination is based upon the provisions of Section 9.1(a) hereof, such prior written notice shall be given at least sixty one hundred eighty (60180) days in advance of the effective date of termination as required by such provision; (b) 2. in the event that any termination is based upon the provisions of Section 9.1(b) or Section 9.1(c) hereof, such prior written notice shall be given at least sixty ninety (6090) days in advance of the effective date of termination; (c) 3. in the event that any termination is based upon the provisions of Section 9.1(d) hereof, the PLAN THRIVENT FINANCIAL will give at least sixty (60) days prior written notice to the FUND of the date of any proposed action to substitute FUND shares, including the filing of any applicable exemptive application under the 1940 Act relating to the PLANACCOUNTS; and the PLAN THRIVENT FINANCIAL will provide the FUND with a copy of any such exemptive application; and (d) 4. in the event that any termination is based upon the provisions of Section 9.1(e), Section 9.1(f), or Section 9.1(g) hereof, such prior written notice shall be given as soon as possible within twenty-four (24) hours after the terminating party learns of the event causing termination to be required.

Appears in 3 contracts

Samples: Participation Agreement (Lb Series Fund Inc), Participation Agreement (Lb Series Fund Inc), Participation Agreement (Thrivent Variable Life Account I)

NOTICE REQUIREMENT FOR TERMINATION. No termination of this Agreement will be effective unless and until the party Party terminating this Agreement gives prior written notice to the other party Party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore,: (a) in the event that any termination is based upon the provisions of Section 9.1(aSections 6.1(a) hereof, such prior written notice shall be given at least sixty ninety (6090) days in advance of the effective date of termination as required unless a shorter time is agreed to by such provisionthe Parties hereto; (b) in the event that any termination is based upon the provisions of Section 9.1(bSections 6.1(c) or Section 9.1(c6.1(d) hereof, such prior written notice shall be given at least sixty ninety (6090) days in advance of the effective date of terminationtermination unless a shorter time is agreed to by the Parties hereto; (c) in the event that any termination is based upon the provisions of Section 9.1(d6.1(j) hereof, the PLAN will give at least sixty (60) days such prior written notice to the FUND shall be given at least thirty (30) days in advance of the effective date of any proposed action the substitution unless a shorter time is agreed to substitute FUND shares, including by the filing of any applicable exemptive application under the 1940 Act relating to the PLAN; and the PLAN will provide the FUND with a copy of any such exemptive application; andParties hereto; (d) in the event that any termination is based upon the provisions of Section 9.1(eSections 6.1(b), Section 9.1(f6.1(e), 6.1(f), 6.1(g), 6.1(h), 6.1(i), or Section 9.1(g6.1(k) hereof, such prior written notice shall be given as soon as possible within twenty-four (24) hours after the terminating party Party learns of the event causing termination to be required.

Appears in 3 contracts

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

NOTICE REQUIREMENT FOR TERMINATION. No termination of this Agreement will be effective unless and until the party terminating this Agreement gives prior written notice to the other party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore, (a) 1. in the event that any termination is based upon the provisions of Section 9.1(a) hereof, such prior written notice shall be given at least sixty one hundred eighty (60180) days in advance of the effective date of termination as required by such provision; (b) 2. in the event that any termination is based upon the provisions of Section 9.1(b) or Section 9.1(c) hereof, such prior written notice shall be given at least sixty ninety (6090) days in advance of the effective date of termination; (c) 3. in the event that any termination is based upon the provisions of Section 9.1(d) hereof, the PLAN THRIVENT LIFE will give at least sixty (60) days prior written notice to the FUND of the date of any proposed action to substitute FUND shares, including the filing of any applicable exemptive application under the 1940 Act relating to the PLANACCOUNTS; and the PLAN THRIVENT LIFE will provide the FUND with a copy of any such exemptive application; and (d) 4. in the event that any termination is based upon the provisions of Section 9.1(e), Section 9.1(f), or Section 9.1(g) hereof, such prior written notice shall be given as soon as possible within twenty-four (24) hours after the terminating party learns of the event causing termination to be required.

Appears in 2 contracts

Samples: Participation Agreement (Lb Series Fund Inc), Participation Agreement (Tlic Variable Insurance Account A)

NOTICE REQUIREMENT FOR TERMINATION. No termination of this Agreement will be effective unless and until the party terminating this Agreement gives prior written notice to the other party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore, (a) in the event that any termination is based upon the provisions of Section 9.1(a8.1(a) hereof, such prior written notice shall be given at least sixty one hundred eighty (60180) days in advance of the effective date of termination as required by such provision; (b) in the event that any termination is based upon the provisions of Section 9.1(b8.1(b) or Section 9.1(c8.1(c) hereof, such prior written notice shall be given at least sixty ninety (6090) days in advance of the effective date of termination; (c) in the event that any termination is based upon the provisions of Section 9.1(d8.1(d) hereof, the PLAN AAL will give at least sixty (60) days prior written notice to the FUND of the date of any proposed action to substitute FUND shares, including the filing of any applicable exemptive application under the 1940 Act relating to the PLANACCOUNT; and the PLAN AAL will provide the FUND with a copy of any such exemptive application; and (d) in the event that any termination is based upon the provisions of Section 9.1(e8.1(e), Section 9.1(f8.1(f), or Section 9.1(g8.1(g) hereof, such prior written notice shall be given as soon as possible within twenty-four (24) hours after the terminating party learns of the event causing termination to be required.

Appears in 2 contracts

Samples: Participation Agreement (Aal Variable Annuity Account I), Participation Agreement (Aal Variable Product Series Fund Inc)

NOTICE REQUIREMENT FOR TERMINATION. No termination of this Agreement will be effective unless and until the party terminating this Agreement gives prior written notice to the other party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore, (a) in the event that any termination is based upon the provisions of Section 9.1(a) hereof, such prior written notice shall be given at least sixty one hundred eighty (60180) days in advance of the effective date of termination as required by such provision; (b) in the event that any termination is based upon the provisions of Section 9.1(b) or Section 9.1(c) hereof, such prior written notice shall be given at least sixty ninety (6090) days in advance of the effective date of termination; (c) in the event that any termination is based upon the provisions of Section 9.1(d) hereof, the PLAN AAL will give at least sixty (60) days prior written notice to the FUND of the date of any proposed action to substitute FUND shares, including the filing of any applicable exemptive application under the 1940 Act relating to the PLANACCOUNTS; and the PLAN AAL will provide the FUND with a copy of any such exemptive application; and (d) in the event that any termination is based upon the provisions of Section 9.1(e), Section 9.1(f), or Section 9.1(g) hereof, such prior written notice shall be given as soon as possible within twenty-four (24) hours after the terminating party learns of the event causing termination to be required.

Appears in 2 contracts

Samples: Participation Agreement (Aal Variable Annuity Account Ii), Participation Agreement (Aal Variable Annuity Account I)

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NOTICE REQUIREMENT FOR TERMINATION. No termination of this Agreement will be effective unless and until the party terminating this Agreement gives prior written notice to the other party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore, (a) , in the event that any termination is based upon the provisions of Section 9.1(a) hereof, such prior written notice shall be given at least sixty (60) days in advance of the effective date of termination as required by such provision; (b) ; in the event that any termination is based upon the provisions of Section 9.1(b) or Section 9.1(c) hereof, such prior written notice shall be given at least sixty (60) days in advance of the effective date of termination; (c) ; in the event that any termination is based upon the provisions of Section 9.1(d) hereof, the PLAN will give at least sixty (60) days prior written notice to the FUND of the date of any proposed action to substitute FUND shares, including the filing of any applicable exemptive application under the 1940 Act relating to the PLAN; and the PLAN will provide the FUND with a copy of any such exemptive application; and (d) and in the event that any termination is based upon the provisions of Section 9.1(e), Section 9.1(f), or Section 9.1(g) hereof, such prior written notice shall be given as soon as possible within twenty-four (24) hours after the terminating party learns of the event causing termination to be required.

Appears in 1 contract

Samples: Participation Agreement (Aal Variable Product Series Fund Inc)

NOTICE REQUIREMENT FOR TERMINATION. No termination of this Agreement will be effective unless and until the party Party terminating this Agreement gives prior written notice to the other party Party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore,: (a) in the event that any termination is based upon the provisions of Section 9.1(aSections 6.1(a) hereof, such prior written notice shall be given at least sixty ninety (6090) days in advance of the effective date of termination as required unless a shorter time is agreed to by such provision;the Parties hereto: (b) in the event that any termination is based upon the provisions of Section 9.1(bSections 6.1(c) or Section 9.1(c6.1(d) hereof, such prior written notice shall be given at least sixty ninety (6090) days in advance of the effective date of terminationtermination unless a shorter time is agreed to by the Parties hereto; (c) in the event that any termination is based upon the provisions of Section 9.1(d6.1(j) hereof, the PLAN will give at least sixty (60) days such prior written notice to the FUND shall be given at least thirty (30) days in advance of the effective date of any proposed action the substitution unless a shorter time is agreed to substitute FUND shares, including by the filing of any applicable exemptive application under the 1940 Act relating to the PLAN; and the PLAN will provide the FUND with a copy of any such exemptive application; andParties hereto; (d) in the event that any termination is based upon the provisions of Section 9.1(eSections 6.1(b), Section 9.1(f6.1(e), 6.1(f), 6.1(g), 6.1(h), 6.1(i), or Section 9.1(g6.1(k) hereof, such prior written notice shall be given as soon as possible within twenty-four (24) hours after the terminating party Party learns of the event causing termination to be required.

Appears in 1 contract

Samples: Participation Agreement (Phoenix Life Variable Universal Life Account)

NOTICE REQUIREMENT FOR TERMINATION. No termination of this Agreement will be effective unless and until the party Party terminating this Agreement gives prior written notice to the other party Party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore,: (a) in the event that any termination is based upon the provisions of Section 9.1(aSections 6.1(a) hereof, such prior written notice shall be given at least sixty (60ninety(90) days in advance of the effective date of termination as required unless a shorter time is agreed to by such provisionthe Parties hereto; (b) in the event that any termination is based upon the provisions of Section 9.1(bSections 6.1(c) or Section 9.1(c6.1(d) hereof, such prior written notice shall be given at least sixty ninety (6090) days in advance of the effective date of terminationtermination unless a shorter time is agreed to by the Parties hereto; (c) in the event that any termination is based upon the provisions of Section 9.1(d6.1(j) hereof, the PLAN will give at least sixty (60) days such prior written notice to the FUND shall be given at least thirty (30) days in advance of the effective date of any proposed action the substitution unless a shorter time is agreed to substitute FUND shares, including by the filing of any applicable exemptive application under the 1940 Act relating to the PLAN; and the PLAN will provide the FUND with a copy of any such exemptive application; andParties hereto; (d) in the event that any termination is based upon the provisions of Section 9.1(eSections 6.1(b), Section 9.1(f6.1(e), 6.1(f), 6.1(g), 6.1(h), 6.1(i), or Section 9.1(g6.1(k) hereof, such prior written notice shall be given as soon as possible within twenty-four (24) hours after the terminating party Party learns of the event causing termination to be required.

Appears in 1 contract

Samples: Participation Agreement (Phoenix Life & Annuity Variable Universal Life Account)

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