Redemption in Kind. The Trust reserves the right to pay any portion of a redemption in kind of portfolio securities, if the Trust's board of trustees (the "Board of Trustees") determines that it would be detrimental to the best interests of shareholders to make a redemption wholly in cash.
Appears in 7 contracts
Samples: Participation Agreement (Agl Separate Account D), Participation Agreement (Sierra Variable Trust), Participation Agreement (Sierra Variable Trust)
