Common use of Threats of Cancellation Clause in Contracts

Threats of Cancellation. Except as set forth in Schedule 2.25 attached hereto, since December 31, 1995 through the date of this Agreement, no Policyholder, group of Policyholder Affiliates, or Persons writing, selling or producing, either directly or through reinsurance assumed, insurance business that individually or in the aggregate for each such Policyholder, group or Person, respectively, accounted for (i) 5% or more of the annual premium or annuity income (as determined in accordance with SAP) or (ii) 1% of account values of Seller and JANY, taken as a whole, in each case at or for the 12 month period then ended, has terminated or, to the knowledge of Seller, threatened to terminate its relationship with JANY.

Threats of Cancellation. Except as set forth in Schedule 2.25 3.18 attached hereto, since December 31, 1995 through the date of this Agreement, no Policyholder, group of Policyholder Affiliates, or Persons writing, selling or producing, either directly or through reinsurance assumed, insurance business that individually or in the aggregate for each such Policyholder, group or Person, respectively, accounted for (i) 5% or more of the annual premium or annuity income (as determined in accordance with SAP) or (ii) 1% of account values of Seller Seller's and JANY's Annuity Business, taken as a whole, in each case at or for the 12 month period then ended, has terminated or, to the knowledge of Seller, threatened to terminate its relationship with JANYSeller.