Common use of Qualification under Subchapter M of the Code Clause in Contracts

Qualification under Subchapter M of the Code. Trust represents that the Portfolios are currently qualified as regulated investment companies under Subchapter M of the Code and that the Trust shall make every effort to maintain such qualification. The Trust shall promptly notify Company upon having a reasonable basis for believing that any of the Portfolios has ceased to so qualify, or that they may not qualify as such in the future.

Appears in 6 contracts

Samples: Participation Agreement (Seasons Series Trust), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

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