Notification of material developments. (a) The Issuer shall promptly after becoming aware of the occurrence thereof notify each Dealer of (A) any Event of Default or any condition, event or act which would after an issue of Notes (or would with the giving of notice and/or the lapse of time) constitute an Event of Default, (B) any material breach of the representations and warranties or undertakings contained in the Agreements or (C) anything that would require the publication of a supplement to the Base Prospectus or a new Base Prospectus pursuant to clause 5(2)(b).
(b) If, following the Agreement Date and before the Issue Date of the relevant Notes, the Issuer becomes aware that any of the conditions specified in clause 3(2) will not be satisfied in relation to that issue, the Issuer shall forthwith notify the relevant Dealer to this effect giving full details thereof. In such circumstances, the relevant Dealer shall be entitled (but not bound) by notice to the Issuer to be released and discharged from its obligations under the agreement reached under clause 2.
(c) Without prejudice to the generality of the foregoing, the Issuer shall from time to time promptly furnish to each Dealer such information relating to the Issuer as such Dealer may reasonably request.
Notification of material developments. (a) The Issuer and the Guarantors shall promptly after becoming aware of the occurrence thereof notify each Dealer of:
(i) (A) any Event of Default or any condition, event or act which would after an issue of Notes (or would with the giving of notice and/or the lapse of time) constitute an Event of Default or (B) any breach of its representations, warranties or undertakings contained in the Agreements; and
(ii) any development affecting either the Issuer or the Guarantors or any of their respective businesses which is material in the context of the Programme or any issue of Notes.
(b) If, following the Agreement Date and before the Issue Date of the relevant Notes, the Issuer or the Guarantors becomes aware that any of the conditions specified in subclause 3.2 will not be satisfied in relation to that issue, the Issuer or the Guarantors, as the case may be, shall forthwith notify the relevant Dealer to this effect giving full details thereof. In such circumstances, the relevant Dealer shall be entitled (but not bound) by notice to the Issuer and the Guarantors to be released and discharged from its obligations under the agreement reached under clause 2.
(c) Without prejudice to the generality of this subclause 5.1, the Issuer and the Guarantors shall from time to time promptly furnish to each Dealer any information relating to the Issuer and the Guarantors which the Dealer may reasonably request and which is relevant in relation to the Programme or any issue of Notes and which may be disclosed without contravening any applicable law or any rule or regulation of a relevant stock exchange and without giving rise to an obligation on the part of the Issuer or the Guarantors pursuant to the rules of any relevant stock exchange publicly to disclose such information (unless such obligation to disclose such information had already arisen).
Notification of material developments. (a) Anchor and Distributor each agree to notify the other in writing upon (i) being apprised of the institution of any proceeding, investigation or hearing involving the offer or sale of the Contracts, (ii) the happening of any material event, if known by such notifying party, which makes untrue any statement made in a Registration Statement or which requires the making of a change therein in order to make any statement made therein not materially misleading, or (iii) upon becoming aware that any Prospectus, sales literature or other printed matter or material used in marketing and distributing any Contract contains an untrue statement of a material fact or omits to state a material fact necessary in order to make the statements made therein, in light of the circumstances in which they were made, not misleading.
(b) In addition, Anchor shall notify the Distributor immediately or in any event as soon as possible under the following circumstances:
(1) Of any request by the Commission for any amendment to a Registration Statement, for any supplement to the Prospectus, or for additional information relating to the Contracts;
(2) Of the issuance by the Commission of any stop order with respect to a Registration Statement or any amendment thereto, or the initiation of any proceedings for that purpose or for any other purpose relating to the registration and/or offering of the Contracts;
(3) Of any loss or suspension of the approval of the Contracts or distribution thereof by an insurance commission of any state, any loss or suspension of Anchor's certificate of authority to do business or to issue variable annuity products in any state.
Notification of material developments. (a) The Issuer and the Guarantor shall promptly after becoming aware of the occurrence thereof notify each Dealer of:
(i) (A) any Event of Default or any condition, event or act which would after an issue of Notes (or would with the giving of notice and/or the lapse of time) constitute an Event of Default or (B) any breach of its representations, warranties or undertakings contained in the Agreements to which it is a party; and
(ii) any development affecting either the Issuer or the Guarantor or any of their respective businesses which is material in the context of the Programme or any issue of Notes.
(b) If, following the Agreement Date and before the Issue Date of the relevant Notes, the Issuer or the Guarantor becomes aware that any of the conditions specified in subclause 3.2, 3.4 and 5.7 will not be satisfied in relation to that issue, the Issuer or the Guarantor, as the case may be, shall forthwith notify the relevant Dealer to this effect giving full details thereof. In such circumstances, the relevant Dealer shall be entitled (but not bound) by notice to the Issuer and the Guarantor to be released and discharged from its obligations under the agreement reached under clause 2.
(c) Without prejudice to the generality of this subclause 5.1, the Issuer and the Guarantor shall from time to time promptly furnish to each Dealer any information relating to the Issuer and the Guarantor which the Dealer may reasonably request.
Notification of material developments. (a) The Issuer shall promptly after becoming aware of the occurrence thereof notify each Dealer of:
(i) any breach of its representations, warranties or undertakings contained in the Agreements; and
(ii) any development affecting the Issuer or any of its business which is material in the context of the Programme or any issue of Notes.
(b) If, following the Agreement Date and before the Issue Date of the relevant Notes, the Issuer becomes aware that any of the conditions specified in subclause 3.2 will not be satisfied in relation to that issue, the Issuer shall forthwith notify the relevant Dealer to this effect giving full details thereof. In such circumstances, the relevant Dealer shall be entitled (but not bound) by notice to the Issuer to be released and discharged from its obligations under the agreement reached under clause 2.
(c) Without prejudice to the generality of this subclause 5.1, the Issuer shall from time to time promptly furnish to each Dealer any information relating to the Issuer which the Dealer may reasonably request.
Notification of material developments. The Issuer shall promptly after becoming aware of the occurrence thereof notify each Dealer of any Event of Default or any condition, event or act which, with the giving of notice and/or the lapse of time (after an issue of Notes) would constitute an Event of Default or any breach of the representations and warranties or undertakings contained in this Agreement, the Agency Agreement or the Deed of Covenant or any of them.
Notification of material developments. The relevant Seller (other than the Issuer) shall promptly after becoming aware of the occurrence thereof notify each Dealer of any development affecting it or any of its businesses which, in its opinion, is material in the context of the Program or any issue of Covered Bonds.
Notification of material developments. The Issuer or the CBC, respectively, shall promptly after becoming aware of the occurrence thereof notify the Arranger, each Dealer and the Rating Agency of:
Notification of material developments. Option 3 makes reference to it being the responsibility of the handling insurer to notify the previous insurer of material developments. Can in practice notification be given by the loss adjuster acting for the handling insurer? What action should be taken where the present insurer is notified of a claim where it is evident that continued damage is due to inadequate repairs undertaken by a previous insurer?
Notification of material developments. The Issuer shall promptly after becoming aware of the occurrence thereof notify each Dealer of:
