Representations and Warranties 2. 1. The Company represents and warrants that interests in the Account funding the Contracts are or will be registered under the 1933 Act and that the Contracts will be issued and sold in compliance with all applicable federal and state laws. The Company further represents and warrants that it is an insurance company duly organized and in good standing under applicable law and that it has legally and validly established the Account as a segregated asset account under applicable state law and has registered the Account as a unit investment trust in accordance with the provisions of the 1940 Act to serve as segregated investment accounts for the Contracts, and that it will maintain such registration for so long as any Contracts are outstanding. The Company shall amend the registration statement under the 1933 Act for the interests in the Account and the registration statement under the 1940 Act for the Account from time to time as required in order to affect the continuous offering of the Contracts or as may otherwise be required by applicable law. The Company shall register and qualify the Contracts for sale in accordance with the securities laws of the various states only if and to the extent deemed necessary by the Company.
Appears in 4 contracts
Samples: Participation Agreement (Allianz Life Variable Account B), Participation Agreement (Allianz Life Variable Account B), Participation Agreement (Allianz Life of Ny Variable Account C)
Representations and Warranties 2. 1. The Company represents and warrants that interests in the Account funding the Contracts are or will be registered under the 1933 Act and that the Contracts will be issued and sold in compliance with all applicable federal and state laws, including state insurance suitability requirements. The Company further represents and warrants that it is an insurance company duly organized and in good standing under applicable law and that it has legally and validly established the each Account as a segregated asset separate account under applicable state law and has registered the Account as a unit investment trust in accordance with the provisions of the 1940 Act to serve as a segregated investment accounts account for the Contracts, and that it will maintain such registration for so long as any Contracts are outstanding. The Company shall will amend the registration statement under the 1933 Act for the interests in the Account Contracts and the registration statement under the 1940 Act for the Account from time to time as required in order to affect effect the continuous offering of the Contracts or as may otherwise be required by applicable law. The Company shall will register and qualify the Contracts for sale in accordance with the securities laws of the various states only if and to the extent deemed necessary by the Company.
Appears in 3 contracts
Samples: Participation Agreement (Empire Fidelity Investments Variable Annuity Account A), Participation Agreement (Fidelity Investments Variable Annuity Account I), Participation Agreement (Fidelity Investments Variable Annuity Account I)
Representations and Warranties 2. 1. The Company represents and warrants that interests in the Account funding the Contracts are or will be registered under the 1933 Act Act; and that the Contracts will be issued and sold in compliance with all applicable federal and state laws, including state insurance suitability requirements. The Company further represents and warrants that it is an insurance company duly organized and in good standing under applicable law and that it has legally and validly established the each Account as a segregated asset separate account under applicable state law and has registered the each Account as a unit investment trust in accordance with the provisions of the 1940 Act to serve as a segregated investment accounts account for the Contracts, and that it will maintain such registration for so long as any Contracts are outstanding. The Company shall will amend the registration statement under the 1933 Act for the interests in the Account Contracts and the registration statement under the 1940 Act for the Account from time to time as required in order to affect effect the continuous offering of the Contracts or as may otherwise be required by applicable law. The Company shall will register and qualify the Contracts for sale in accordance with the securities laws of the various states only if and to the extent deemed necessary by the Company.
Appears in 2 contracts
Samples: Participation Agreement (Select Life Variable Account), Participation Agreement (Select Life Variable Account)