Common use of SUBSTITUTION OF FUND SHARES Clause in Contracts

SUBSTITUTION OF FUND SHARES. The Company may not change the fund shares of a series unless approved as provided by the Act. The separate account may buy other securities for other series or contracts or, if requested by a participant, convert units from one series or contract to another.

Appears in 1 contract

Samples: Annuity Contract (Metlife Investors Usa Separate Account A)

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SUBSTITUTION OF FUND SHARES. The Company separate account may not change the fund shares of a series unless approved as provided by the Act. The separate account may buy other securities for other series or contracts orcontracts, if requested by a participant, or convert units from one series or contract to another, if requested by an owner.

Appears in 1 contract

Samples: Annuity Contract (Security First Life Separate Account A)

SUBSTITUTION OF FUND SHARES. The Company separate account may not change the fund shares of a series unless approved by a vote of a majority of the units entitled to vote and as provided by the Act. The separate account may buy other securities for other series or contracts orcontracts, if requested by a participant, or convert units from one series or contract to another, if requested by an owner.

Appears in 1 contract

Samples: Annuity Contract (Security First Life Separate Account A)

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SUBSTITUTION OF FUND SHARES. The Company may not change the fund shares of a series unless approved as provided by except in accordance with the Act. The separate account may buy other securities for other series or contracts or, if requested by a the participant, convert units from one series or contract to another.

Appears in 1 contract

Samples: Annuity Contract (Metlife Investors Usa Separate Account A)

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