Common use of Restrictions on Sales of Fund Shares Clause in Contracts

Restrictions on Sales of Fund Shares. Insurer agrees that the Fund will be permitted (subject to the other terms of this Agreement) to make its shares available to separate accounts of other life insurance companies.

Appears in 113 contracts

Samples: Participation Agreement (Separate Account a of Pacific Life & Annuity Co), Participation Agreement (Separate Account a of Pacific Life & Annuity Co), Participation Agreement (Separate Account a of Pacific Life Insurance Co)

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Restrictions on Sales of Fund Shares. Insurer agrees that the Fund will be permitted (permitted, subject to the other terms of this Agreement) , to make its shares available to separate accounts of other life insurance companies.

Appears in 1 contract

Samples: Participation Agreement (First Penn Pacific Variable Life Insurance Separate Account)

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Restrictions on Sales of Fund Shares. Insurer agrees that the Fund will be permitted (subject to the other terms of this Agreement) to make its shares available to separate accounts of other life insurance companies. The Fund, the Adviser and the Distributor each represent and warrant that shares of the Fund have not been and will not be sold to the general public.

Appears in 1 contract

Samples: Participation Agreement (Hartford Life & Annuity Insurance Co Separate Account Seven)

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