Common use of Suspension of Certain Obligations Clause in Contracts

Suspension of Certain Obligations. After the Settlement Date or, in the event of the purchase of Notes by the Dealer(s) as principal, after the completion of the distribution of the Notes, the Company and the Trust, as applicable, shall not be required to comply with the provisions of Sections 3(a)(i), (ii), (vi), (vii), (viii) and (x) and Sections 3(b)(i), (ii), (vii), (viii), (x), (xi) and (xii).

Appears in 6 contracts

Samples: Distribution Agreement (Protective Life Insurance Co), Omnibus Instrument (Protective Life Insurance Co), Omnibus Instrument (Protective Life Secured Trust 2003-1)

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