Common use of Representations and Warranties of the Investment Advisor Clause in Contracts

Representations and Warranties of the Investment Advisor. The Investment Advisor represents and warrants in the Investment Advisor Agreement that: (a) the Investment Advisor is a duly organized and validly existing corporation, duly qualified to conduct business in the State; and (b) the performance of its duties described under this Participation Agreement and the execution, performance, and delivery of the Investment Advisor Agreement have been duly authorized and are the legal, valid, and binding obligations of the Investment Advisor, enforceable against the Investment Advisor in accordance with their terms.

Representations and Warranties of the Investment Advisor. The Investment Advisor represents and warrants in the Investment Advisor Agreement that: (a) the Investment Advisor is a duly organized and validly existing corporation, duly qualified to conduct business in the State; and (b) the performance of its duties described under this Participation Agreement and the execution, performance, performance and delivery of the Investment Advisor Agreement have been duly authorized and are the legal, valid, valid and binding obligations of the Investment Advisor, enforceable against the Investment Advisor in accordance with their terms.

Representations and Warranties of the Investment Advisor. The Investment Advisor represents and warrants in the Investment Advisor Agreement that: (a) the Investment Advisor is a duly organized and validly existing corporation, duly qualified to conduct business in the State; and (b) the performance of its duties described under this Participation Agreement and the execution, performance, performance and delivery of the Investment Advisor Agreement have been duly authorized and are the legal, valid, valid and binding obligations of the Investment Advisor, enforceable against the Investment Advisor in accordance with their terms. (c) it is a United States Securities and Exchange Commission registered investment advisor.