Common use of Investigations and Proceedings Clause in Contracts

Investigations and Proceedings. (a) DSL and ILIAC agree to cooperate fully in insurance regulatory investigations or proceedings or judicial proceedings arising in connection with the offering, sale or distribution of Annuity Contracts distributed under this Agreement. DSL and ILIAC further agree to cooperate fully in any securities regulatory investigation or proceeding or judicial proceeding with respect to ILAIC, DSL, their affiliates and their agents or representatives to the extent that such investigation or proceeding is in connection with the Annuity Contracts offered, sold or distributed under this Agreement. Without limiting the foregoing, (i) DSL will be notified promptly of any customer complaint or notice of any regulatory investigation or proceeding or judicial proceeding received by ILIAC with respect to DSL or any agent or representative, or which may affect ILIAC’s issuance of Annuity Contracts marketed under this Agreement. (ii) DSL will promptly notify ILIAC of any customer complaint or notice of any regulatory investigation or proceeding received by DSL or its affiliates with respect to DSL or any agent or representative in connection with any Annuity Contracts distributed under this Agreement or any activity in connection with Annuity Contracts. (b) In the case of a substantive customer complaint, DSL and ILIAC will cooperate in investigating such complaint and any response to such complaint will be sent to the other party to this Agreement for approval not less than five business days prior to its being sent to the customer or regulatory authority, except that if a more prompt response is required, the proposed response shall be communicated by telephone or telegraph.

Investigations and Proceedings. (a) DSL and ILIAC agree to cooperate fully in insurance regulatory investigations or proceedings or judicial proceedings arising in connection with the offering, sale or distribution of Annuity Contracts distributed under this Agreement. DSL and ILIAC further agree to cooperate fully in any securities regulatory investigation or proceeding or judicial proceeding with respect to ILAICILIAC, DSL, their affiliates and their agents or representatives to the extent that such investigation or proceeding is in connection with the Annuity Contracts offered, sold or distributed under this Agreement. Without limiting the foregoing, (i) DSL will be notified promptly of any customer complaint or notice of any regulatory investigation or proceeding or judicial proceeding received by ILIAC with respect to DSL or any agent or representative, or which may affect ILIAC’s 's issuance of Annuity Contracts marketed under this Agreement. (ii) DSL will promptly notify ILIAC of any customer complaint or notice of any regulatory investigation or proceeding received by DSL or its affiliates with respect to DSL or any agent or representative in connection with any Annuity Contracts distributed under this Agreement or any activity in connection with Annuity Contracts. (b) In the case of a substantive customer complaint, DSL and ILIAC will cooperate in investigating such complaint and any response to such complaint will be sent to the other party to this Agreement for approval not less than five business days prior to its being sent to the customer or regulatory authority, except that if a more prompt response is required, the proposed response shall be communicated by telephone or telegraph.

Investigations and Proceedings. (a) DSL INGAE and ILIAC Company agree to cooperate fully with each other in all insurance regulatory or securities investigations or proceedings or judicial proceedings arising in connection with the offering, sale or distribution of Annuity Contracts distributed under this Agreement. DSL INGAE further agrees to furnish such regulatory authorities with information or reports in connection with such services as may be requested in connection with the operations of Company or the Separate Account in connection with such investigation or proceedings. INGAE and ILIAC Company further agree to cooperate fully in any securities regulatory investigation or proceeding or judicial proceeding with respect to ILAIC, DSL, their affiliates and or their agents or and representatives to the extent that such investigation or proceeding is in connection with the Annuity Contracts offered, sold or distributed under this Agreement. Without limiting the foregoing,any provision of this Section XII: (ia) DSL INGAE will be notified promptly of all customer complaints or notices of all regulatory investigations or proceedings or judicial proceedings received by Company with respect to INGAE or any customer complaint agents, representatives, or notice sub-agents of any regulatory a Broker/Dealer or general agent or other investigation or proceeding or judicial proceeding received by ILIAC with respect to DSL or any agent or representative, or which may affect ILIAC’s Company's issuance of Annuity Contracts marketed distributed or sold under this Agreement.; (iib) DSL INGAE will promptly notify ILIAC Company of any all customer complaint complaints or notice notices of any all regulatory investigation investigations or proceeding proceedings received by DSL INGAE or its affiliates with respect to DSL Company or any its agents, representatives, or sub-agents of a Broker/Dealer or general agent or representative in connection with any Annuity Contracts distributed or sold under this Agreement Agreement, or any other activity in connection with Annuity such Contracts. (b) . In the case of a substantive customer complaint, DSL INGAE and ILIAC Company will cooperate fully with each other in investigating such complaint and any an appropriate response to such complaint will be sent to the other party to under this Agreement for approval not less than at least five (5) business days prior to its being sent distribution to the customer or regulatory authority, except that if a more prompt response is required, the proposed response shall may be communicated by telephone or telegraphelectronic means.