SUBSTITUTION APPLICATIONS. W&R may request or Company may initiate the filing of a substitution application pursuant to Section 26(c) of the 1940 Act to substitute shares of a Portfolio held by a Company Variable Account for another investment media (“Substitution Application”). The costs associated with a Substitution Application shall be allocated as follows:
SUBSTITUTION APPLICATIONS. Subject to Section 12(a)(5) of this Agreement, W&R may request or Company may initiate the filing of a substitution application pursuant to
