Common use of Use of the Loan Clause in Contracts

Use of the Loan. The loan must only be used to invest in a non-registered individual variable annuity contract issued by iA Financial Group. Any other use of the loan without written authorization from iA Financial Group results in the suspension of the rights to use the loan and requires the Borrower to immediately repay the Loan Amount in full. The amount borrowed shall be advanced and credited to the Non-registered Annuity Contract following iA Financial Group’s approval of the loan application. Before approving an application, iA Financial Group must receive all required documents, duly completed, and be allowed a reasonable period of time to process the application and complete its administrative processes.

Use of the Loan. The loan must only be used to invest in a non-registered individual variable annuity retirement savings plan contract issued by iA Financial GroupTrust. Any other use of the loan without written authorization from iA Financial Group Trust results in the suspension of the rights to use the loan and requires the Borrower Principal Borrower, and the Co-borrower if any, to immediately repay the Loan Amount in full. The amount borrowed shall be advanced and credited to the Non-registered Annuity Contract Contract(s) following iA Financial GroupTrust’s approval of the loan application. Before approving an application, iA Financial Group Trust must receive all required documents, duly completed, and be allowed a reasonable period of time to process the application and complete its administrative processes.