Common use of VOTING OF FUND SHARES Clause in Contracts

VOTING OF FUND SHARES. 7.1 Insurance Company shall provide pass-through voting privileges to all Contractholders and Participants so long as and to the extent the Commission continues to interpret the 1940 Act as requiring pass-through voting privileges or to the extent otherwise required by law. Accordingly, Insurance Company, where applicable, shall vote shares of a Portfolio held in each Separate Account in a manner consistent with voting instructions timely received from its Contractholders and Participants. Insurance Company shall be responsible for assuring that the Separate Account determines voting privileges in a manner consistent with other Participating Companies. Insurance Company shall vote shares for which it has not received timely voting instructions, as well as shares it owns, in the same proportion as it votes those shares for which it has received voting instructions.

Appears in 16 contracts

Samples: Fund Participation Agreement (Empire Fidelity Investments Variable Annuity Account A), Fund Participation Agreement (Lazard Retirement Series Inc), Fund Participation Agreement (Fidelity Investments Variable Annuity Account I)

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VOTING OF FUND SHARES. 7.1 7.1. Insurance Company shall will provide pass-through voting privileges to all Contractholders and or Participants so as long as and to the extent the Commission continues to interpret the 1940 Act as requiring pass-through voting privileges for Contractholders or to the extent otherwise required by lawParticipants. Accordingly, Insurance Company, where applicable, shall will vote shares of a Portfolio held in each its Separate Account in a manner consistent with voting instructions timely received from its Contractholders and or Participants. Insurance Company shall will be responsible for assuring that the Separate Account determines calculates voting privileges in a manner consistent with other Participating Companies. Insurance Company shall will vote shares for which it has not received timely voting instructions, as well as shares it owns, in the same proportion as it votes those shares for which it has received voting instructions.

Appears in 6 contracts

Samples: Fund Participation Agreement (Prudential Variable Contract Account Gi-2), Participation Agreement (Prudential Variable Contract Account Gi-2), Fund Participation Agreement (Lazard Retirement Series Inc)

VOTING OF FUND SHARES. 7.1 8.1 Insurance Company shall provide pass-through voting privileges to all Contractholders and Participants so long as and to the extent the Commission continues to interpret the 1940 Act as requiring pass-through voting privileges or to the extent otherwise required by law. Accordingly, Insurance Company, where applicable, shall vote shares Shares of a Portfolio held in each Separate Account in a manner consistent with voting instructions timely received from its Contractholders and Participants. Insurance Company shall be responsible for assuring that the Separate Account determines voting privileges in a manner consistent with other Participating Companies. Insurance Company shall vote shares Shares for which it has not received timely voting instructions, as well as shares Shares it owns, in the same proportion as it votes those shares Shares for which it has received voting instructions.

Appears in 5 contracts

Samples: Participation Agreement (Delaware Life Variable Account F), Fund Participation Agreement (Lazard Retirement Series Inc), Fund Participation Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)

VOTING OF FUND SHARES. 7.1 Insurance Company 7.1. Insurer shall provide pass-through voting privileges to all Contractholders and or Participants so as long as and to the extent the Commission continues to interpret the 1940 Act as requiring pass-through voting privileges for Contractholders or to the extent otherwise required by lawParticipants. Accordingly, Insurance CompanyInsurer, where applicable, shall vote shares of a Portfolio held in each Separate Account in a manner consistent with voting instructions timely received from its Contractholders and or Participants. Insurance Company Insurer shall be responsible for assuring that the Separate Account determines calculates voting privileges in a manner consistent with other Participating Companies. Insurance Company Insurer shall vote shares for which it has not received timely voting instructions, as well as shares it owns, in the same proportion as it votes those shares for which it has received voting instructions.

Appears in 5 contracts

Samples: Fund Participation Agreement (Lazard Retirement Series Inc), Fund Participation Agreement (Valley Forge Life Insurance Co Variable Life Separate Accoun), Participation Agreement (Allstate Financial Advisors Separate Account I)

VOTING OF FUND SHARES. 7.1 Insurance Company 7.1. Insurer shall provide pass-through voting privileges to all Contractholders and or Participants so as long as and to the extent that the Commission continues to interpret the 1940 Act as requiring pass-through voting privileges for Contractholders or to the extent otherwise required by lawParticipants. Accordingly, Insurance CompanyInsurer, where applicable, shall vote shares of a Portfolio held in each Separate Account in a manner consistent with voting instructions timely received from its Contractholders and or Participants. Insurance Company Insurer shall be responsible for assuring that the Separate Account determines calculates voting privileges in a manner consistent with other Participating Companies. Insurance Company Insurer shall vote shares for which it has not received timely voting instructions, as well as shares it owns, in the same proportion as it votes those shares for which it has received voting instructions.

Appears in 4 contracts

Samples: Fund Participation Agreement (Lazard Retirement Series Inc), Fund Participation Agreement (American Enterprise Variable Life Account), Fund Participation Agreement (American Enterprise Variable Life Account)

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VOTING OF FUND SHARES. 7.1 8.1 Insurance Company shall provide pass-through voting privileges to all Contractholders and Participants so long as and to the extent the Commission continues to interpret the 1940 Act as requiring pass-through voting privileges or to the extent otherwise required by law. Accordingly, Insurance Company, where applicable, shall vote shares Shares of a Portfolio held in each Separate Account in a manner consistent with voting instructions timely received from its Contractholders and Participants. Insurance Company shall be responsible for assuring that the Separate Account determines calculates voting privileges in a manner consistent with other Participating Companies. Insurance Company shall vote shares Shares for which it has not received timely voting instructions, as well as shares Shares it owns, in the same proportion as it votes those shares Shares for which it has received voting instructions.

Appears in 3 contracts

Samples: Fund Participation Agreement (Lazard Retirement Series Inc), Fund Participation Agreement (MEMBERS Horizon Variable Separate Account), Fund Participation Agreement (Jefferson National Life of New York Annuity Account 1)

VOTING OF FUND SHARES. 7.1 Insurance Company shall will provide pass-through voting privileges to all Contractholders and or Participants so as long as and to the extent the Commission continues to interpret the 1940 Act as requiring pass-through voting privileges for Contractholders or to the extent otherwise required by lawParticipants. Accordingly, Insurance Company, where applicable, shall will vote shares of a Portfolio held in each its Separate Account in a manner consistent with voting instructions timely received from its Contractholders and or Participants. Insurance Company shall will be responsible for assuring that the Separate Account determines calculates voting privileges in a manner consistent with other Participating Companies. Insurance Company shall will vote shares for which it has not received timely voting instructions, as well as shares it owns, in the same proportion as it votes those shares for which it has received voting instructions.

Appears in 2 contracts

Samples: Fund Participation Agreement (Great American Reserve Insurance Co), Fund Participation Agreement (Lazard Retirement Series Inc)

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