Common use of Shared Funding Exemptive Order Clause in Contracts

Shared Funding Exemptive Order. The Fund will comply with all provisions of the 1940 Act requiring voting by shareholders, and in particular the Fund will either provide for annual meetings (except insofar as the SEC may interpret Section 16 of the 1940 Act not to require such meetings) or, as the Fund currently intends, comply with Section 16(c) of the 1940 Act (although the Fund is not one of the trusts described in Section 16(c) of that Act) as well as with Sections 16(a) and, if and when applicable, 16(b). Further, the Fund will act in accordance with the SEC's interpretation of the requirements of Section 16

Appears in 4 contracts

Samples: Fund Participation Agreement (Preferred Life Variable Account C), Fund Participation Agreement (Prudential Series Fund Inc), Fund Participation Agreement (Prudential Series Fund Inc)

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Shared Funding Exemptive Order. The Fund will comply with all provisions of the 1940 Act requiring voting by shareholders, and in particular the Fund will either provide for annual meetings (except insofar as the SEC may interpret Section 16 of the 1940 Act not to require such meetings) or, as the Fund currently intends, comply with Section 16(c) of the 1940 Act (although the Fund is not one of the trusts described in Section 16(c) of that Act) as well as with Sections 16(a) and, if and when applicable, 16(b). Further, the Fund will act in accordance with the SEC's ’s interpretation of the requirements of Section 1616(a) with respect to periodic elections of directors or trustees and with whatever rules the SEC may promulgate with respect thereto.

Appears in 3 contracts

Samples: Fund Participation Agreement (Prudential Annuities Life Assurance Corp Variable Account B), Fund Participation Agreement (Prudential Annuities Life Assurance Corp Variable Account B), Fund Participation Agreement (Guardian Separate Account E)

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