Common use of Subchapter M Clause in Contracts

Subchapter M. The Trust shall maintain the qualification of each Fund as a regulated investment company (under Subchapter M or any successor or similar provision), and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.

Appears in 42 contracts

Samples: Participation Agreement (Horace Mann Life Insurance Co Separate Account), Participation Agreement (Symetra Separate Account Sl), Participation Agreement (Variable Account D of Union Security Insurance Co)

AutoNDA by SimpleDocs

Subchapter M. The Each Fund of the Trust shall maintain the qualification of each the Fund as a regulated investment company (under Subchapter M or any successor or similar provision), and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.

Appears in 26 contracts

Samples: Participation Agreement (Horace Mann Life Insurance Co Separate Account), Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (Variable Annuity-2 Series Account)

Subchapter M. The Each Fund of the Trust shall maintain the qualification of each the Fund as a regulated registered investment company (under Subchapter M or any successor or similar provision), and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future.

Appears in 13 contracts

Samples: Participation Agreement (Massachusetts Mutual Variable Life Separate Account I), Participation Agreement (Massachusetts Mutual Variable Life Separate Account I), Participation Agreement (C M Life Variable Life Separate Account I)

Subchapter M. The Each Fund of the Trust shall maintain the qualification of each the Fund as a regulated registered investment company (under Subchapter M or any successor or similar provision), and the Trust shall (i) notify the Company immediately upon having a reasonable basis for believing that a Fund has ceased to so qualify or that it might not so qualify in the future., and (ii) take all reasonable steps to maintain qualification or to requalify the Funds as a registered investment company under Subchapter M.

Appears in 7 contracts

Samples: Participation Agreement (Life of Virginia Separate Account 4), Participation Agreement (Life of Virginia Separate Account Ii), Participation Agreement (Life of Virginia Separate Account 4)

AutoNDA by SimpleDocs

Subchapter M. The Trust shall maintain the qualification of each Fund Portfolio as a regulated investment company (under Subchapter M or any successor or similar provision), and the Trust shall notify the Company immediately upon having a reasonable basis for believing that a Fund Portfolio has ceased to so qualify or that it might not so qualify in the future.

Appears in 4 contracts

Samples: Participation Agreement (Ml of New York Variable Annuity Separate Account A), Participation Agreement (Merrill Lynch Life Variable Annuity Separate Account A), Participation Agreement (Ml of New York Variable Annuity Separate Account C)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!