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. (b) In addition, First SunAmerica 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 First SunAmerica's certificate of authority to do business or to issue variable annuity products in any state.

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. (b) In addition, First SunAmerica 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 First SunAmericaAnchor's certificate of authority to do business or to issue variable annuity products in any state.

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. (b) In addition, First SunAmerica 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 of 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 os suspension of the approval of the Contracts or distribution thereof by an insurance commission of any state, any loss or suspension of First SunAmerica's certificate of authority to do business or to issue variable annuity products in any state.

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. (b) In addition, First SunAmerica Anchor National 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 First SunAmericaAnchor National's certificate of authority to do business or to issue variable annuity products in any state.

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. (b) In addition, First SunAmerica Anchor National 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 First SunAmericaAnchor National's certificate of authority to do business or to issue variable annuity products in any state.. 8