Common use of Subject to Sections 2 Clause in Contracts

Subject to Sections 2. 3 and 6.1 thereof, the Company represents that the Contracts are currently treated as endowment, annuity or life insurance contracts under applicable provisions of the Code and that it will make every effort to maintain such treatment and that it will notify the Trust and KFSC immediately upon having a reasonable basis for believing that the Contracts have ceased to be so treated or that they might not be so treated in the future.

Appears in 4 contracts

Samples: Participation Agreement (Llac Variable Account), Participation Agreement (Llac Variable Account), Participation Agreement (Llac Variable Account)

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Subject to Sections 2. 3 and 6.1 thereof, the Company represents that the Contracts are currently treated as endowment, annuity or life insurance contracts under applicable provisions of the Code and that it will make every effort to maintain such treatment and that it will notify the Trust and KFSC LFDI immediately upon having a reasonable basis for believing that the Contracts have ceased to be so treated or that they might not be so treated in the future.

Appears in 2 contracts

Samples: Participation Agreement (Sage Variable Annuity Account A), Participation Agreement (Sage Variable Annuity Account A)

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