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 6.1(a) thereof, such prior written notice shall be given at least six months in advance of the effective date of termination unless a shorter time is agreed to by the Parties hereto. (b) in the event that any termination is based upon the provision of Section 6.1(b) and 6.1

Appears in 4 contracts

Samples: Participation Agreement (Ge Capital Life Separate Account Ii), Participation Agreement (Ge Life & Annuity Assurance Co Iv), Participation Agreement (Ge Life & Annuity Assurance Co Iv)

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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 6.1(a) thereofhereof, such prior written notice shall be given at least six (6) months in advance of the effective date of termination unless a shorter time is agreed to by the Parties hereto.; It is understood and agreed that the right to terminate this Agreement under Section 6.1(a) may be exercised for any reason or for no reason; (b) in the event that any termination is based upon the provision provisions of Section 6.1(b) and ), 6.1(c), 6.1(d), 6.1(f), 6.1

Appears in 2 contracts

Samples: Participation Agreement (Ge Life & Annuity Assurance Co Iv), Participation Agreement (Ge Life & Annuity Assurance Co Iv)

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 Parties to this Agreement of its intent to terminate, and such notice shall set forth the Fund(s), Contracts and, if applicable, the Account(s) as to which the Agreement is to be terminated and the basis for such termination. Furthermore: (a) Furthermore in the event that any termination is based upon the provisions any provision of Sections 6.1 other than Section 6.1(a) thereof), such prior written notice shall be given at least six months as soon as reasonably possible, but in advance any event within ten days after the terminating Party learns of the effective date of event causing termination unless a shorter time is agreed to by the Parties heretobe required. (b) in the event that any termination is based upon the provision of Section 6.1(b) and 6.1

Appears in 2 contracts

Samples: Participation Agreement (Allstate Life of New York Separate Account A), Participation Agreement (Allstate Life of New York Separate 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 Parties 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 Sections 6.1(a), 6.1(b), 6.1(c) thereofor 6.1(e) hereof, such prior written notice shall be given at least six months ninety days in advance of the effective date of termination unless a shorter time is agreed to by the Parties hereto.; (b) in the event that any termination is based upon the provision provisions of Section 6.1(bSections 6.1(d), 6.1(f), 6.1(g), 6.1(h) and 6.1or 6.1(i) hereof, such written notice shall be given as soon as reasonably possible, but in any event within ten days after the terminating Party learns of the event causing termination to be required.

Appears in 2 contracts

Samples: Participation Agreement (Aim Variable Insurance Funds Inc), Participation Agreement (Hancock John Variable Annuity Account Jf)

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 6.1(aSections 6.1 (a) thereofor 6.1 (e) hereof, such prior written notice shall be given at least six (6) months in advance of the effective date of termination unless a shorter time is agreed to by the Parties hereto. ; (b) in the event that any termination is based upon the provision provisions of Section 6.1(bSections 6.1 (b) and 6.1or 6.1 (c) hereof, such prior written notice shall be given at least ninety (90) days in advance of the effective date of termination unless a shorter time is agreed to by the Parties hereto; and

Appears in 1 contract

Samples: Participation Agreement (Aul American Individual Variable Annuity Unit Trust)

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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 Sections 6.1(a) thereofor 6.1 (e) hereof, such prior written notice shall be given at least six (6) months in advance of the effective date of termination unless a shorter time is agreed to by the Parties hereto. (b) in the event that any termination is based upon the provision of Section 6.1(b) and 6.1;

Appears in 1 contract

Samples: Shareholder Services Agreement (First Ameritas Variable Annuity Separate 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 6.1(a) thereofhereof, such prior written notice shall be given at least six months one (1) year in advance of the effective date of termination unless a shorter time is agreed to by the Parties hereto.; (b) in the event that any termination is based upon the provision provisions of Section 6.1(b) and ), 6.1(c), 6.1(d), 6.1(e), 6.1 (f), 6.1{g)1 6.1

Appears in 1 contract

Samples: Participation Agreement (Delaware Life Variable Account F)

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 6.1(a) thereofhereof, such prior written notice shall be given at least six months sixty (60) days in advance of the effective date of termination unless the Parties agree to a shorter time hereto;. It is understood and agreed that the right to by the Parties hereto.terminate this Agreement under Section 6.1 (a) may be exercised for any reason or for no reason; (b) in the event that any termination is based upon the provision provisions of Section 6.1(b) and ), 6.1(c), 6.1(d), 6.1(f), 6.1

Appears in 1 contract

Samples: Participation Agreement (Nations Separate Account Trust)

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