Common use of Notification of material developments Clause in Contracts

Notification of material developments. (a) First SunAmerica 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.

Notification of material developments. (a) First SunAmerica Anchor National 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.

Notification of material developments. (a) First SunAmerica 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.

Notification of material developments. (a) First SunAmerica 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 mater 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.