Common use of Guaranteed Income Edge Filing and Approval Clause in Contracts

Guaranteed Income Edge Filing and Approval. PHLVIC shall take all commercially reasonable efforts to (1) qualify the offer and sale of the Guaranteed Income Edge in each jurisdiction within the Territory where it is authorized to do business and which permits issuance of products such as the Guaranteed Income Edge, and (2) obtain any approvals that are or may be required by any Governmental Entity to permit or facilitate the offer and sale of the Guaranteed Income Edge in each such jurisdiction; provided however that neither PHLVIC nor any other PHL Party shall be required to seek to qualify the offer and sale of the Guaranteed Income Edge or obtain any approvals to permit or facilitate the offer or sale of the Guaranteed Income Edge in the State of New York or the State of Maine. Such actions shall include, as applicable, filing the Registration Statement and using commercially reasonable efforts to maintain the effectiveness of the Registration Statement, filing forms of the Master Group Annuity Contracts, Certificates, and Applications with Governmental Entities, including State insurance departments, and filing or submitting such notices, requests, and other documents in furtherance of the foregoing. One or more of the PHL Parties will promptly notify EQIS if any Governmental Entity withdraws or modifies a previously issued approval of the Guaranteed Income Edge.

Guaranteed Income Edge Filing and Approval. PHLVIC shall take all commercially reasonable efforts to (1) qualify the offer and sale of the Guaranteed Income Edge in each jurisdiction within the Territory where it is authorized to do business and which permits issuance of products such as the Guaranteed Income Edge, and (2) obtain any approvals that are or may be required by any Governmental Entity to permit or facilitate the offer and sale of the Guaranteed Income Edge in each such jurisdiction; provided however that neither PHLVIC nor any other PHL Party shall be required to seek to qualify the offer and sale of the Guaranteed Income Edge or obtain any approvals to permit or facilitate the offer or sale of the Guaranteed Income Edge in the State of New York or the State of Maine. Such actions shall include, as applicable, filing the Registration Statement and using commercially reasonable efforts to maintain the effectiveness of the Registration Statement, filing forms of the Master Group Annuity Contracts, Certificates, and Applications with Governmental Entities, including State insurance departments, and filing or submitting such notices, requests, and other documents in furtherance of the foregoing. One or more of the PHL Parties will promptly notify EQIS PDA if any Governmental Entity withdraws or modifies a previously issued approval of the Guaranteed Income Edge.

Guaranteed Income Edge Filing and Approval. PHLVIC shall take all commercially reasonable efforts to (1) qualify the offer and sale of the Guaranteed Income Edge in each jurisdiction within the Territory where it is authorized to do business and which permits issuance of products such as the Guaranteed Income Edge, and (2) obtain any approvals that are or may be required by any Governmental Entity to permit or facilitate the offer and sale of the Guaranteed Income Edge in each such jurisdiction; provided however that neither PHLVIC nor any other PHL Party shall be required to seek to qualify the offer and sale of the Guaranteed Income Edge or obtain any approvals to permit or facilitate the offer or sale of the Guaranteed Income Edge in the State of New York or the State of Maine. Such actions shall include, as applicable, filing the Registration Statement and using commercially reasonable efforts to maintain the effectiveness of the Registration Statement, filing forms of the Master Group Annuity Contracts, Certificates, and Applications with Governmental Entities, including State insurance departments, and filing or submitting such notices, requests, and other documents in furtherance of the foregoing. One or more of the PHL Parties will promptly notify EQIS IWM if any Governmental Entity withdraws or modifies a previously issued approval of the Guaranteed Income Edge.