SEPARATE ACCOUNTS UTLIZING THE FUNDS Clause Samples
The 'Separate Accounts Utilizing the Funds' clause establishes that the funds provided under the agreement must be held in distinct, segregated accounts, separate from other assets or monies. In practice, this means that the recipient is required to open and maintain dedicated bank accounts or financial records specifically for managing and tracking the use of these funds, ensuring they are not commingled with unrelated resources. This clause's core function is to promote transparency and accountability, making it easier to monitor fund usage and prevent misuse or misallocation.
SEPARATE ACCOUNTS UTLIZING THE FUNDS. Hartford Life Separate Account Two Hartford Life Separate Account Seven Hartford Life and Annuity Separate Account Seven Hartford Life Insurance Company Separate Account ▇▇ ▇ ▇▇▇▇▇▇▇▇ Life Insurance Company Separate Account ▇▇ ▇▇ Hartford Life and Annuity Insurance Company Separate Account ▇▇ ▇ ▇▇▇▇▇▇▇▇ Life and Annuity Insurance Company Separate Account ▇▇ ▇▇ Hartford Life Insurance Company Separate Account Eleven
SEPARATE ACCOUNTS UTLIZING THE FUNDS. Nations Variable Annuity Nations Outlook Variable Annuity Contract Hartford Leaders Variable Annuity Contract Hartford Leaders Outlook Variable Annuity Contract Hartford Leaders Access Variable Annuity Contract Hartford Leaders Edge Variable Annuity Contract Hartford Leaders Plus Variable Annuity Contract Hartford Leaders Elite Variable Annuity Contract Hartford Leaders Elite Plus Variable Annuity Contract Hartford Leaders Elite Outlook Variable Annuity Contract Hartford Leaders Solution Variable Annuity Contract Hartford Leaders Solution Plus Variable Annuity Contract Hartford Leaders Solution Outlook Hartford Leaders Vision Variable Annuity Contract ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Leaders Outlook Classic Hartford Leaders Outlook Hartford Quantum Life Hartford Quantum 1.1 Stag Variable Life Stag Accumulator Variable Universal Life Policy (Series I, 1.5 and II) Stag Accumulator II VUL Stag Variable Life Artisan Stag Protector Variable Universal Life Policy (Series 1, 1.5 and II) Stag Wall Street (Series I and II) Stag Variable Last Survivor (Series I and 11) Stag Variable Life Artisan All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: September 20, 2005 AIM VARIABLE INSURANCE FUNDS, INC. Attest:/s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Assistant Secretary Title: President A I M DISTRIBUTORS, INC. Attest:/s/ P. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇. Needles Name: P. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇. Needles Title: Assistant Secretary Title: President HARTFORD LIFE INSURANCE COMPANY, on its behalf and each Separate Account named in Schedule A, as amended from time to time Attest: By: /s/ illegible Name: Name: Title: Title: HARTFORD LIFE AND ANNUITY INSURANCE COMPANY, on its behalf and each Separate Account named in Schedule A, as may be amended from time to time Attest: By: /s/ illegible Name: Name: Title: Title: HARTFORD SECURITIES DISTRIBUTION COMPANY, INC. Attest: By: /s/ illegible Name: Name: Title: Title: The Participation Agreement (the "Agreement"), dated as of July 2, 1998, as amended, September 20, 2001, April 29, 2002, June 1, 2003, November 3, 2003, and April 30, 2004 by and among AIM Variable Insurance Funds, a Delaware trust ("AVIF"); AIM Distributors, Inc. a Delaware corporation ("AIM"), Hartford Life Insurance Company, a Connecticut life insurance company, Hartford Life and Annuity Insurance Company, a Connecticut life insurance company (collec...