Common use of RESTRICTIONS ON REPRESENTATIONS Clause in Contracts

RESTRICTIONS ON REPRESENTATIONS. Principal Underwriter is not authorized to give any information or to make any representations concerning the Contracts or the Separate Accounts of Insurance Company other than those contained in the current registration statements or prospectuses relating to the Separate Accounts filed with the Securities and Exchange Commission (“SEC”) or such sales literature as may be authorized by Insurance Company, which shall be subject to NYS Insurance Department Regulation 34-A, as applicable. Principal Underwriter shall not have authority, on behalf of Insurance Company, to waive any Contract provision, to extend the time of paying any purchase payments, or to receive any monies or purchase payments (except for the sole purpose of forwarding monies or purchase payments to Insurance Company). Principal Underwriter shall not expend, nor contract for the expenditure of, the funds of Insurance Company. Principal Underwriter acknowledges and agrees that Insurance Company shall have the right at any time to suspend or limit the public offering of the Contracts.

RESTRICTIONS ON REPRESENTATIONS. Principal Underwriter is not authorized to give any information or to make any representations concerning the Contracts or the Separate Accounts of Insurance Company other than those contained in the current registration statements or prospectuses relating to the Separate Accounts filed with the Securities and Exchange Commission (“"SEC”") or such sales literature as may be authorized by Insurance Company, which shall be subject to NYS Insurance Department Regulation 34-A, as applicable. Principal Underwriter shall not have authority, on behalf of Insurance Company, to waive any Contract provision, to extend the time of paying any purchase payments, or to receive any monies or purchase payments (except for the sole purpose of forwarding monies or purchase payments to Insurance Company). Principal Underwriter shall not expend, nor contract for the expenditure of, the funds of Insurance Company. Principal Underwriter acknowledges and agrees that Insurance Company shall have the right at any time to suspend or limit the public offering of the Contracts.

RESTRICTIONS ON REPRESENTATIONS. Principal Underwriter is not authorized to give any information or to make any representations concerning the Contracts or the Separate Accounts of Insurance Company other than those contained in the current registration statements or prospectuses relating to the Separate Accounts filed with the Securities and Exchange Commission (“"SEC”") or such sales literature as may be authorized by Insurance Company, which shall be subject to NYS Insurance Department Regulation 34-A, as applicableapplicable laws and regulations. Principal Underwriter shall not have authority, on behalf of Insurance Company, to waive any Contract or Existing Contract provision, to extend the time of paying any purchase payments, or to receive any monies or purchase payments (except for the sole purpose of forwarding monies or purchase payments to Insurance Company). Principal Underwriter shall not expend, nor contract for the expenditure of, the funds of Insurance Company. Principal Underwriter acknowledges and agrees that Insurance Company shall have the right at any time to suspend or limit the public offering of the Contracts.