Common use of Legal and Regulatory Actions Clause in Contracts

Legal and Regulatory Actions. 7.01. ALNY agrees to advise ALFS immediately of: (a) any request by the SEC for amendment of the registration statements or for additional information relating to the Contracts; (b) the issuance by the SEC of any stop order suspending the effectiveness of the registration statements relating to the Contracts or the initiation of any proceedings for that purpose; and (c) the happening of any known material event which makes untrue any statement made in the registration statements relating to the Contracts or which requires the making of a change therein in order to make any statement made therein not misleading. 7.02. Each of the undersigned parties agrees to notify the other in writing upon being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the subject Contracts. 7.03. During any legal action or inquiry, ALNY will furnish to ALFS such information with respect to the Contracts in such form and signed by such of its officers as ALFS may reasonably request and will warrant that the statements therein contained when so signed are true and correct. 7.04. If changes in insurance laws or regulations could reasonably be expected to affect the sales and administration of Contracts under this Agreement, ALNY shall notify ALFS within a reasonable time after ALNY receives notice of those changes. Such notice shall be in writing except, if circumstances so require, the notice may be communicated by telephone or facsimile and confirmed in writing.

Appears in 2 contracts

Samples: Principal Underwriting Agreement (Allstate Life Insurance Co of New York), Principal Underwriting Agreement (Allstate Life Insurance Co of New York)

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Legal and Regulatory Actions. 7.01. ALNY 7.01 Allstate Life agrees to advise ALFS Distributors immediately of: (a) any request by the SEC for amendment of the registration statements Registration Statement or for additional information relating to the Contracts; (b) the issuance by the SEC of any stop order suspending the effectiveness of the registration statements Registration Statement relating to the Contracts or the initiation of any proceedings for that purpose; and (c) the happening of any known material event which makes untrue any statement made in the registration statements Registration Statement relating to the Contracts or which requires the making of a change therein in order to make any statement made therein not misleading. 7.02. 7.02 Each of the undersigned parties agrees to notify the other in writing upon being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the subject Contracts. 7.03. 7.03 During any legal action or inquiry, ALNY Allstate Life will furnish to ALFS Distributors such information with respect to the Contracts in such form and signed by such of its officers as ALFS Distributors may reasonably request and will warrant that the statements therein contained when so signed are true and correct. 7.04. 7.04 If changes in insurance laws or regulations could reasonably be expected to affect the sales and administration of Contracts under this Agreement, ALNY Allstate Life shall notify ALFS Distributors within a reasonable time after ALNY Allstate Life receives notice of those changes. Such notice shall be in writing except, if circumstances so require, the notice may be communicated by telephone or facsimile and confirmed in writing.

Appears in 2 contracts

Samples: Principal Underwriting Agreement (Allstate Life Insurance Co), Principal Underwriting Agreement (Allstate Life Insurance Co Separate Account A)

Legal and Regulatory Actions. 7.01. ALNY agrees to advise ALFS Distributors immediately of: (a) any request by the SEC for amendment of the registration statements or for additional information relating to the Contracts; (b) the issuance by the SEC of any stop order suspending the effectiveness of the registration statements relating to the Contracts or the initiation of any proceedings for that purpose; and (c) the happening of any known material event which makes untrue any statement made in the registration statements relating to the Contracts or which requires the making of a change therein in order to make any statement made therein not misleading. 7.02. Each of the undersigned parties agrees to notify the other in writing upon being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the subject Contracts. 7.03. During any legal action or inquiry, ALNY will furnish to ALFS Distributors such information with respect to the Contracts in such form and signed by such of its officers as ALFS Distributors may reasonably request and will warrant that the statements therein contained when so signed are true and correct. 7.04. If changes in insurance laws or regulations could reasonably be expected to affect the sales and administration of Contracts under this Agreement, ALNY shall notify ALFS Distributors within a reasonable time after ALNY receives notice of those changes. Such notice shall be in writing except, if circumstances so require, the notice may be communicated by telephone or facsimile and confirmed in writing.

Appears in 2 contracts

Samples: Principal Underwriting Agreement (Allstate Life Insurance Co of New York), Principal Underwriting Agreement (Allstate Life Insurance Co of New York)

Legal and Regulatory Actions. 7.01. ALNY 7.01 Allstate Life agrees to advise ALFS immediately of: (a) any request by the SEC for amendment of the registration statements Registration Statement or for additional information relating to the Contracts; (b) the issuance by the SEC of any stop order suspending the effectiveness of the registration statements Registration Statement relating to the Contracts or the initiation of any proceedings for that purpose; and (c) the happening of any known material event which makes untrue any statement made in the registration statements Registration Statement relating to the Contracts or which requires the making of a change therein in order to make any statement made therein not misleading. 7.02. 7.02 Each of the undersigned parties agrees to notify the other in writing upon being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the subject Contracts. 7.03. 7.03 During any legal action or inquiry, ALNY Allstate Life will furnish to ALFS such information with respect to the Contracts in such form and signed by such of its officers as ALFS may reasonably request and will warrant that the statements therein contained when so signed are true and correct. 7.04. 7.04 If changes in insurance laws or regulations could reasonably be expected to affect the sales and administration of Contracts under this Agreement, ALNY Allstate Life shall notify ALFS within a reasonable time after ALNY Allstate Life receives notice of those changes. Such notice shall be in writing except, if circumstances so require, the notice may be communicated by telephone or facsimile and confirmed in writing.

Appears in 1 contract

Samples: Principal Underwriting Agreement (Allstate Life Insurance Co Separate Account A)

Legal and Regulatory Actions. 7.01. ALNY 7.01 ALICNY agrees to advise ALFS Distributors immediately of: (a) any request by the SEC for amendment of the registration statements Registration Statement or for additional information relating to the Contracts; (b) the issuance by the SEC of any stop order suspending the effectiveness of the registration statements Registration Statement relating to the Contracts or the initiation of any proceedings for that purpose; and (c) the happening of any known material event which makes untrue any statement made in the registration statements Registration Statement relating to the Contracts or which requires the making of a change therein in order to make any statement made therein not misleading. 7.02. 7.02 Each of the undersigned parties agrees to notify the other in writing upon being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the subject Contracts. 7.03. 7.03 During any legal action or inquiry, ALNY ALICNY will furnish to ALFS Distributors such information with respect to the Contracts in such form and signed by such of its officers as ALFS Distributors may reasonably request and will warrant that the statements therein contained when so signed are true and correct. 7.04. 7.04 If changes in insurance laws or regulations could reasonably be expected to affect the sales and administration of Contracts under this Agreement, ALNY ALICNY shall notify ALFS Distributors within a reasonable time after ALNY ALICNY receives notice of those changes. Such notice shall be in writing except, if circumstances so require, the notice may be communicated by telephone or facsimile and confirmed in writing.

Appears in 1 contract

Samples: Principal Underwriting Agreement (Allstate Life of New York Separate Account A)

Legal and Regulatory Actions. 7.01. ALNY 7.01 Allstate Life of New York agrees to advise ALFS Distributors immediately of: (a) any request by the SEC for amendment of the registration statements Registration Statement or for additional information relating to the Contracts; (b) the issuance by the SEC of any stop order suspending the effectiveness of the registration statements Registration Statement relating to the Contracts or the initiation of any proceedings for that purpose; and (c) the happening of any known material event which makes untrue any statement made in the registration statements Registration Statement relating to the Contracts or which requires the making of a change therein in order to make any statement made therein not misleading. 7.02. 7.02 Each of the undersigned parties agrees to notify the other in writing upon being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the subject Contracts. 7.03. 7.03 During any legal action or inquiry, ALNY Allstate Life of New York will furnish to ALFS Distributors such information with respect to the Contracts in such form and signed by such of its officers as ALFS Distributors may reasonably request and will warrant that the statements therein contained when so signed are true and correct. 7.04. 7.04 If changes in insurance laws or regulations could reasonably be expected to affect the sales and administration of Contracts under this Agreement, ALNY Allstate Life of New York shall notify ALFS Distributors within a reasonable time after ALNY Allstate Life of New York receives notice of those changes. Such notice shall be in writing except, if circumstances so require, the notice may be communicated by telephone or facsimile and confirmed in writing.

Appears in 1 contract

Samples: Underwriting Agreement (Allstate Life Insurance Co of New York)

Legal and Regulatory Actions. 7.01. ALNY Allstate Life agrees to advise ALFS Distributors immediately of: (a) any request by the SEC for amendment of the registration statements or for additional information relating to the Contracts; (b) the issuance by the SEC of any stop order suspending the effectiveness of the registration statements relating to the Contracts or the initiation of any proceedings for that purpose; and (c) the happening of any known material event which makes untrue any statement made in the registration statements relating to the Contracts or which requires the making of a change therein in order to make any statement made therein not misleading. 7.02. Each of the undersigned parties agrees to notify the other in writing upon being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the subject Contracts. 7.03. During any legal action or inquiry, ALNY Allstate Life will furnish to ALFS Distributors such information with respect to the Contracts in such form and signed by such of its officers as ALFS Distributors may reasonably request and will warrant that the statements therein contained when so signed are true and correct. 7.04. If changes in insurance laws or regulations could reasonably be expected to affect the sales and administration of Contracts under this Agreement, ALNY Allstate Life shall notify ALFS Distributors within a reasonable time after ALNY Allstate Life receives notice of those changes. Such notice shall be in writing except, if circumstances so require, the notice may be communicated by telephone or facsimile and confirmed in writing.

Appears in 1 contract

Samples: Principal Underwriting Agreement (Allstate Life Insurance Co)

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Legal and Regulatory Actions. 7.01. ALNY 7.01 Charter agrees to advise ALFS immediately of: (a) any request by the SEC for amendment of the registration statements Registration Statement or for additional information relating to the Contracts; (b) the issuance by the SEC of any stop order suspending the effectiveness of the registration statements Registration Statement relating to the Contracts or the initiation of any proceedings for that purpose; and (c) the happening of any known material event which makes untrue any statement made in the registration statements Registration Statement relating to the Contracts or which requires the making of a change therein in order to make any statement made therein not misleading. 7.02. 7.02 Each of the undersigned parties agrees to notify the other in writing upon being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the subject Contracts. 7.03. 7.03 During any legal action or inquiry, ALNY Charter will furnish to ALFS such information with respect to the Contracts in such form and signed by such of its officers as ALFS may reasonably request and will warrant that the statements therein contained when so signed are true and correct. 7.04. 7.04 If changes in insurance laws or regulations could reasonably be expected to affect the sales and administration of Contracts under this Agreement, ALNY Charter shall notify ALFS within a reasonable time after ALNY Charter receives notice of those changes. Such notice shall be in writing except, if circumstances so require, the notice may be communicated by telephone or facsimile and confirmed in writing.

Appears in 1 contract

Samples: Principal Underwriting Agreement (Charter National Variable Annuity Account)

Legal and Regulatory Actions. 7.01. ALNY 7.01 ALICNY agrees to advise ALFS immediately of: (a) : any request by the SEC for amendment of the registration statements Registration statement or for additional information relating to the Contracts; (b) ; the issuance by the SEC of any stop order suspending the effectiveness of the registration statements Registration statement relating to the Contracts or the initiation of any proceedings for that purpose; and (c) and the happening of any known material event which makes untrue any statement made in the registration statements Registration statement relating to the Contracts or which requires the making of a change therein in order to make any statement made therein not misleading. 7.02. 7.02 Each of the undersigned parties agrees to notify the other in writing upon being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the subject Contracts. 7.03. 7.03 During any legal action or inquiry, ALNY ALICNY will furnish to ALFS such information with respect to the Contracts in such form and signed by such of its officers as ALFS may reasonably request and will warrant that the statements therein contained when so signed are true and correct. 7.04. 7.04 If changes in insurance laws or regulations could reasonably be expected to affect the sales and administration of Contracts under this Agreement, ALNY ALICNY shall notify ALFS within a reasonable time after ALNY ALICNY receives notice of those changes. Such notice shall be in writing except, if circumstances so require, the notice may be communicated by telephone or facsimile and confirmed in writing.

Appears in 1 contract

Samples: Principal Underwriting Agreement (Allstate Life Insurance Co of New York)

Legal and Regulatory Actions. 7.01. ALNY 7.01 Allstate Life agrees to advise ALFS immediately of: (a) any request by the SEC Commission for amendment of the registration statements Registration Statements or for additional information relating to the Contracts; (b) the issuance by the SEC Commission of any stop order suspending the effectiveness of the registration statements Registration Statements relating to the Contracts or the initiation of any proceedings for that purpose; and (c) the happening of any known material event which makes untrue any statement made in the registration statements Registration Statements relating to the Contracts or which requires the making of a change therein in order to make any statement made therein not misleading. 7.02. 7.02 Each of the undersigned parties agrees to notify the other in writing upon being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the subject Contracts. 7.03. 7.03 During any legal action or inquiry, ALNY Allstate Life will furnish to ALFS such information with respect to the Account(s) and Contracts in such form and signed by such of its officers as ALFS may reasonably request and will warrant that the statements therein contained when so signed are true and correct. 7.04. 7.04 If changes in insurance laws or regulations could reasonably be expected to affect the sales and administration of Contracts under this Agreement, ALNY Allstate Life shall notify ALFS within a reasonable time after ALNY Allstate Life receives notice of those such changes. Such notice shall be in writing except, if circumstances so require, the notice may be communicated by telephone or facsimile and confirmed in writing.

Appears in 1 contract

Samples: Principal Underwriting Agreement (Allstate Life Insurance Co)

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