Common use of Representation and warranties of the Annuitant Clause in Contracts

Representation and warranties of the Annuitant. The Annuitant represents and warrants to the Trustee the following: 12.1 that an entitlement to receive a pension under a pension plan governed by the Act is vested in him(her); 12.2 that he(she) is entitled to effect a transfer of his(her) pension entitlements pursuant to the Act; 12.3 that the funds transferred herein are locked-in funds resulting directly or indirectly from the commuted value of the Annuitant's pension entitlements and are transferred herein pursuant to the Act or the Regulation; and 12.4 that the provisions of the pension plan do not prohibit the Annuitant from entering in this Agreement and, in the event that such prohibition does exist, the Trustee shall not be liable for the consequences to the Annuitant of executing this Agreement nor for anything done by the Trustee in accordance with the provisions hereof. 12.5 that the Trustee is entitled to rely upon the information provided by the Annuitant in order to purchase this locked-in retirement Account. 12.6 That the commuted value of the pension benefits that was transferred herein was not determined on a basis that differentiated on the basis of sex, unless otherwise indicated in writing to the Trustee.

Appears in 3 contracts

Samples: Account Terms and Conditions, Account Terms and Conditions, Account Terms and Conditions

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Representation and warranties of the Annuitant. The Annuitant represents and warrants to the Trustee the following: 12.1 that an entitlement to receive a pension under a pension plan governed by the Act is vested in him(her); 12.2 that he(she) is entitled to effect a transfer of his(her) pension entitlements pursuant to the Act; 12.3 that the funds transferred herein are locked-in funds resulting directly or indirectly from the commuted value of the Annuitant's ’s pension entitlements and are transferred herein pursuant to the Act or the RegulationRegulations; and 12.4 that the provisions of the pension plan do not prohibit the Annuitant from entering in this Agreement and, in the event that such prohibition does exist, the Trustee shall not be liable for the consequences to the Annuitant of executing this Agreement nor for anything done by the Trustee in accordance with the provisions hereof. 12.5 that the Trustee is entitled to rely upon the information provided by the Annuitant in order to purchase this locked-in retirement Accountaccount. 12.6 That that the commuted value of the pension benefits that was transferred herein was not determined on a basis that differentiated on the basis of sex, unless otherwise indicated in writing to the Trustee.

Appears in 1 contract

Samples: Locked in Retirement Account Agreement

Representation and warranties of the Annuitant. The Annuitant represents and warrants to the Trustee the following:Annuitant 12.1 that an entitlement to receive a pension under a pension plan governed by the Act is vested in him(her); 12.2 that he(she) is entitled to effect a transfer of his(her) pension entitlements pursuant to the Act; 12.3 that the funds transferred herein are locked-in funds resulting directly or indirectly from the commuted value of the Annuitant's ’s pension entitlements and are transferred herein pursuant to the Act or the RegulationRegulations; and 12.4 that the provisions of the pension plan do not prohibit the Annuitant from entering in this Agreement and, in the event that such prohibition does exist, the Trustee shall not be liable for the consequences to the Annuitant of executing this Agreement nor for anything done by the Trustee in accordance with the provisions hereof. 12.5 that the Trustee is entitled to rely upon the information provided by the Annuitant in order to purchase this locked-in retirement Accountaccount. 12.6 That that the commuted value of the pension benefits that was transferred herein was not determined on a basis that differentiated on the basis of sex, unless otherwise indicated in writing to the Trustee.

Appears in 1 contract

Samples: Locked in Retirement Account Agreement

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Representation and warranties of the Annuitant. The Annuitant represents and warrants to the Trustee the following: 12.1 11.1 that an entitlement to receive a pension under a pension plan governed by the Act is vested in him(her); 12.2 11.2 that he(she) is entitled to effect a transfer of his(her) pension entitlements pursuant to the Act; 12.3 11.3 that the funds transferred herein are locked-in funds resulting directly or indirectly from the commuted value of the Annuitant's ’s pension entitlements and are transferred herein pursuant to the Act or the RegulationRegulations; and 12.4 11.4 that the provisions of the pension plan do not prohibit the Annuitant from entering in this Agreement and, in the event that such prohibition does exist, the Trustee shall not be liable for the consequences to the Annuitant of executing this Agreement nor for anything done by the Trustee in accordance with the provisions hereof. 12.5 11.5 that he(she) have the written consent of his(her) spouse, in an approved form, to purchase a LIF, or is exempted from having this written consent according to the Regulations; 11.6 that the Trustee is entitled to rely upon the information provided by the Annuitant in order to purchase this locked-in retirement Accountincome fund. 12.6 That 11.7 that the commuted value of the pension benefits that was transferred herein was not determined on a basis that differentiated on the basis of sex, unless otherwise indicated in writing to the Trustee.

Appears in 1 contract

Samples: Supplementary Agreement

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