Registered Separate Accounts definition
Examples of Registered Separate Accounts in a sentence
The Company shall vote shares of each Series of the Fund held in its general account or in any Separate Account that is not registered under the 1940 Act, if any, in its discretion or in the same proportion as the votes cast with respect to shares of the Series held in all Registered Separate Accounts of the Company or subaccounts thereof, in the aggregate.
The Insurer agrees to provide the Investment Company each year within 60 days of the end of the Investment Company's fiscal year, or when reasonably requested by the Investment Company, information as to the number of shares purchased by Registered Separate Accounts and Separate Accounts the interests of which are not registered under the 1933 Act.
During the applicable term of the Transitional Services Agreement, the Administrator will perform services with respect to Registered Separate Accounts in accordance with the Ceding Company’s Rule 38a-1 Compliance Program.
The Ceding Company represents that it has received and reviewed the document entitled “Excessive Trading Policy.” The Administrator shall monitor, and where appropriate restrict, participant transactions in the Registered Separate Accounts in accordance with such policy.
The Insurer agrees to provide the Investment Company each year within 60 days of the end of the Investment Company’s fiscal year, upon request by the Investment Company, or when reasonably requested by the Investment Company, information as to the number of shares purchased by Registered Separate Accounts and Separate Accounts the interests of which are not registered under the ▇▇▇▇ ▇▇▇.
VFL has filed each prospectus and statement of additional information, as amended or supplemented, under which the Registered Separate Accounts assets are held that are required to be filed, and each such prospectus and statement of additional information, as of its respective mailing date or date of use, contained no untrue statement of a material fact and did not omit to state any material fact required to be stated therein or necessary in order to make the statements therein not misleading.
The Insurer agrees to provide the Investment Company each year within 60 days of the end of the Investment Company’s fiscal year, or when reasonably requested by the Investment Company, information as to the number of Shares purchased by Registered Separate Accounts and Separate Accounts the interests of which are not registered under the ▇▇▇▇ ▇▇▇.
The Insurance Contracts under which the Registered Separate Accounts assets are held were sold pursuant to an effective registration statement under the Securities Act and any applicable state securities laws and each such registration statement is currently in effect to the extent necessary to allow VFL to receive contributions under such contracts.
The Registered Separate Accounts are and have been operated in compliance with the 1940 Act in all material respects, and VFL has filed all reports and amendments of its registration statement required to be filed, and has been granted all exemptive relief necessary for the operations of the Registered Separate Accounts.
Accordingly, the COMPANY, where applicable, will vote shares of the FUND held in its Registered Separate Accounts in a manner consistent with voting instructions timely received from its Variable Contract owners.