Common use of Complaints and Proceedings Clause in Contracts

Complaints and Proceedings. (a) The Company shall immediately notify GS&Co. of: (i) any action or circumstances affecting the Fund that may prevent the lawful offer or sale of the Contracts or any class of Contracts in any state or jurisdiction, including, without limitation, any circumstance in which such Contracts are not registered, qualified and approved, and, in all material respects, issued and sold in accordance with applicable state and federal laws. The Company will make every reasonable effort to prevent the issuance of any such stop order, cease and desist order or similar order and. if any such order is issued, to obtain the lifting thereof at the earliest possible time. (b) The Company shall provide to GS&Co. any complaints it has received from Contract Owners pertaining to GS&Co. or a Fund, and GS&Co. and Distributor shall each provide to the Company any complaints it has received from Contract Owners relating to the Contracts.

Complaints and Proceedings. (a) The Company shall immediately notify GS&Co. of: (i) any action or circumstances affecting the Fund that may prevent the lawful offer or sale of the Contracts or any class of Contracts in any state or jurisdiction, including, without limitation, any circumstance in which such Contracts are not registered, qualified and approved, and, in all material respects, issued and sold in accordance with applicable state and federal laws. The Company will make every reasonable effort to prevent the issuance of any such stop order, cease and desist order or similar order and. , if any such order is issued, issued to obtain the lifting thereof at the earliest possible time. (b) The Company shall provide to GS&Co. any complaints complaint s it has received from Contract Owners pertaining to GS&Co. or a Fund, and GS&Co. and Distributor shall each provide to the Company any complaints it has received from Contract Owners relating to the Contracts.