Program Changes and Termination Sample Clauses

Program Changes and Termination. The company reserves the right to change or terminate the ESP Program or any option at any time without notice. Effect on Other Annuity Contract Provisions
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Program Changes and Termination. (a) The Program is required to comply with Section 529 of the Code and the regulations and the administrative guidance issued thereunder, as well as Section 1009.981, Florida Statutes, and related sections and the related regulations and administrative guidance thereunder. In the operations of the Program, the Board shall have authority to interpret and administer the Program in a manner which complies with the Statutes and the guidance thereunder.
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Program Changes and Termination. (a) The Board reserves the right to make changes or enhancements to the Program at any time. Account Owners who have established Accounts prior to the time an enhancement is made available, may be precluded by federal tax law from participating in such enhancement.
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Program Changes and Termination. I understand that the MICEFA reserves the right to make cancellations, changes, or substitutions in cases of emergency or changed conditions in the interest of the group. Should the MICEFA cancel the Summer Law Program, full refunds of tuition and program fees will be made unless the cancellation is due to circumstances beyond the control of the MICEFA in which case the MICEFA will be able to refund only uncommitted and/or recoverable funds. I understand that any refunds made for the Summer Law Program where payment is made to MICEFA will be in accordance with published MICEFA policies for the academic year in which the Program occurs, unless otherwise stated.
Sample 1
Program Changes and Termination. The company reserves the right to change or terminate the ESP Program at any time without notice. EFFECT ON OTHER ANNUITY CONTRACT PROVISIONS 14. Surrender Charges. Surrender Charges, if any, will be waived on an amount equal to the Life Distribution Option payments unless the contract is surrendered within 12 months of the distribution. If surrendered within 12 months, then any applicable charges will be retroactively applied. Life Distribution Option payments for a year will reduce the amount of any other penalty-free withdrawals which otherwise may be available under the annuity contract during that year. A partial withdrawal will reduce the amount of the Life Distribution Option payments to be made later in that year. Proportionality adjustments, if any, may apply to amounts withdrawn for Life Distribution Option payments. 15. Availability of Annuity/Account Value. Under certain annuity contracts, the Annuity/Account Value is available upon maturity only if payments are to be made for life or some minimum number of years. Payments under the ESP Program will not count toward meeting any such minimum requirement. For the TSA I, IRA I, and GALIC 2000 (when issued as a qualified annuity), the Annuity Value is only available if it at least equals one-half of the flexible premiums paid into the annuity contract. For the sole purpose of this one-half rule, payments from your current participation in the ESP Program election will be added back to the Annuity Value upon any conversion from the ESP Program to a settlement option. 16.
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Related to Program Changes and Termination

  • Effective Date and Termination This Agreement shall become effective as of the date of its execution, and

  • Modification and Termination No agreement to modify, amend, extend, supersede, terminate, or discharge this Settlement Agreement, or any portion thereof, is valid or enforceable unless it is in writing and signed by all Parties to this Settlement Agreement.

  • VARIATION AND TERMINATION 24.1 All and any of the provisions of this agreement may be deleted, varied, supplemented, restated or otherwise changed in any way at any time with the prior written consent of the Company, the Investor and by the Shareholders holding at least [90] per cent of the Shares (excluding Treasury Shares) held by the Shareholders, in which event such change shall be binding against all of the parties hereto provided that if such change would impose any new obligations on a party, or increase any existing obligation, the consent of the affected party to such change shall be specifically required.

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person, at a meeting called for the purpose of voting such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

  • Terms and Termination This Agreement shall be effective from the date hereof and unless earlier terminated in accordance with this Section 30.4.5, shall continue in effect until the Class Year Deliverability Study for Requestor’s External XXXX Rights is completed and approved by the NYISO Operating Committee. Requestor or NYISO may terminate this Agreement upon the withdrawal of Requestor’s External XXXX Rights Request under Section 25.7.11 of Attachment S to the ISO OATT or upon Developer’s withdrawal from the Class Year Study pursuant to Section 25.7.7.1

  • Amendments and Termination This Agreement may be amended or terminated only by a written agreement signed by the Company and the Executive.

  • Effective Date Term and Termination A. This Agreement covers individual ANNUITY CONTRACTs issued by the CEDING COMPANY that:

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement.

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