Stock Ownership. During the term of this Agreement, AIG will be the ultimate beneficial owner of all of the capital stock of Subsidiary now or hereafter issued and outstanding and AIG agrees that it will not pledge, assign or otherwise encumber such capital stock.
Appears in 9 contracts
Samples: Agreement (Fs Variable Annuity Account Nine), Agreement Between American (First Sunamerica Life Insurance Co), Agreement (Variable Annuity Account Nine)
Stock Ownership. During the term of this Agreement, Agreement AIG will be the ultimate beneficial owner of all of the capital stock of Subsidiary AIG Life now or hereafter issued and outstanding and AIG agrees that it will not pledge, assign or otherwise encumber such capital stock.
Appears in 8 contracts
Samples: Agreement (Variable Account I of Aig Life Ins Co), Agreement (Variable Account Ii Aig Life Insurance Co), Agreement (Variable Account Ii Aig Life Insurance Co)
Stock Ownership. During the term of this Agreement, Agreement AIG will be the ultimate beneficial owner of all of the capital stock of Subsidiary A.I. Life now or hereafter issued and outstanding and AIG agrees that it will not pledge, assign or otherwise encumber such capital stock.
Appears in 2 contracts
Samples: Agreement (Variable Account B American Intl Life Assur Co of New York), Agreement (Variable Account B American Intl Life Assur Co of New York)
Stock Ownership. During the term of this Agreement, Agreement AIG will be the --------------- ultimate beneficial owner of all of the capital stock of Subsidiary AIG Life now or hereafter issued and outstanding and AIG agrees that it will not pledge, assign or otherwise encumber such capital stock.
Appears in 1 contract
