Common use of Restrictions Prohibited by Contract Clause in Contracts

Restrictions Prohibited by Contract. To the extent there is a legal or contractual impediment to restricting or prohibiting trading by the Contract Owner, Intermediary agrees to take the following steps and the Fund or its designee has to restrict or prohibit trading by a Contract Owner:

Appears in 6 contracts

Samples: Fund Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Fund Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Fund Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M)

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Restrictions Prohibited by Contract. To the extent that there is a legal or contractual impediment to restricting or prohibiting trading by the Contract Owner, Intermediary agrees to take the following steps and the Fund or its designee has to restrict or prohibit trading by a Contract Owner:

Appears in 2 contracts

Samples: Lincoln New York Account N for Variable Annuities, Lincoln Life Variable Annuity Account N

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