Examples of Seller Separate Account in a sentence
The Insurance Contracts under which the Seller Separate Account assets are held are duly and validly issued and 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 Seller to receive contributions under such contracts.
Purchaser agrees to pay all disbursements (subject, where appropriate, to reimbursement from the relevant Seller Separate Account).
Notwithstanding the foregoing, the effective date of novation of an Insurance Contract that has Seller Separate Account Liabilities related thereto shall be no earlier than the date upon which the assets supporting such Seller Separate Account Liabilities are transferred to the Purchaser Separate Account.
Seller ----------------------------------------- hereby appoints Purchaser to provide, with respect to the Insurance Contracts and the Seller Separate Account, the administrative services specified herein and in Schedule 1.03 hereto and any other administrative services specified in or necessary to administer the provisions of the Insurance Contracts (collectively, the "Administrative Services") for the period specified in Section 8.01 of this Agreement, and Purchaser hereby accepts such appointment.
To ensure field teams and enumerators are as prepared as possible and capable of carrying out the survey field work as efficiently as possible, the Subcontractor will develop a field team checklist to aid in implementation and supervision of the data collection.
In the event that assets are transferred to the LLANY Separate Account with respect to (i) a Novated Contract that is subsequently determined not to have been novated or (ii) a certificate of an Inactive Certificateholder that reverts to Seller, LLANY shall transfer to the Seller Separate Account the assets in the LLANY Separate Account relating to the LLANY separate account liabilities arising under such Insurance Contract on the date of transfer.
It is not appropriate for Ministers, and especially not the Prime Minister, to criticise solicitors who are the subject of ongoing professional disciplinary proceedings in a way which would identify them, for representing claimants against the Government of whom the Government disapproves.
Notwithstanding the foregoing, the effective date of novation of an Insurance Contract that has Seller Separate Account Liabilities related thereto shall be no earlier than the date upon which the assets supporting such Seller Separate Account Liabilities are transferred to the LLANY Separate Account.
Purchaser does not have, and has not previously had, any adverse relationship with any investment company in which any Seller Separate Account assets are invested, or with any investment adviser thereof, or any Affiliate of either of the foregoing, which would reduce in any significant respect the likelihood of Purchaser entering into a new participation agreement with such Person on substantially the same terms as the currently existing agreement between such Person and Seller.
In the event of the termination of the Administrative Services Agreement pursuant to Section 8.02(a) thereof, Seller will re-assume all administrative services with respect to the Non-Novated Contracts and the Seller Separate Account and Purchaser will pay to Seller a monthly expense allowance in accordance with the terms of the Administrative Services Agreement in respect of the Non-Novated Contracts that have not been recaptured pursuant to Article IV hereof.