Summary Prospectus. Should AVIF (IVIF) and LIFE COMPANY desire to distribute the prospectuses of the funds within AVIF (IVIF) pursuant to Rule 498 of the Securities Act of 1933, as amended, (“Rule 498”), the roles and responsibilities of the Parties to the Agreement (the “Parties”), for complying with Rule 498 and other applicable laws, are set forth as follows: (a) For purposes of this Section 23., the terms “Summary Prospectus” and “Statutory Prospectus” shall have the same meaning as set forth in Rule 498. (b) AVIF (IVIF) shall provide, or cause to provide, LIFE COMPANY with copies of the Summary Prospectuses in the same manner and at the same times as the Participation Agreement requires that AVIF (IVIF) provide LIFE COMPANY with Statutory Prospectuses. If AVIF (IVIF) makes any changes to the Summary Prospectus by way of a filing pursuant to Rule 497 under the Securities Act of 1933, unless the Parties agree otherwise, AVIF (IVIF) shall, instead of providing LIFE COMPANY with a revised Summary Prospectus, provide LIFE COMPANY with a supplement setting forth the changes in the Rule 497 filing. (c) AVIF (IVIF) and/or the UNDERWRITER shall be responsible for compliance with Rule 498(e). (d) AVIF (IVIF) and UNDERWRITER each represent and warrant that the Summary Prospectuses and the web site hosting of such Summary Prospectuses will comply with the requirements of Rule 498 applicable to AVIF (IVIF) and its series. AVIF (IVIF) further represents and warrants that it has reasonable policies and procedures in place to ensure that such web site complies with Rule 498. (e) AVIF (IVIF) and UNDERWRITER each agree that the URL indicated on each Summary Prospectus will lead policyholders/contract owners directly to the web page used for hosting Summary Prospectuses (“Landing Page”) and that such Landing Page will host the current AVIF (IVIF) and series’ documents required to be posted in compliance with Rule 498. (f) AVIF (IVIF) and UNDERWRITER represent and warrant that they will be responsible for compliance with the provisions of Rule 498(f)(i) involving policyholder/contract owner requests for additional AVIF (IVIF) documents made directly to AVIF (IVIF). AVIF (IVIF) and UNDERWRITER further represent and warrant that any information obtained about policyholders/contract owners pursuant to this provision will be used solely for the purposes of responding to requests for additional AVIF (IVIF) documents. (g) LIFE COMPANY represents and warrants that it will respond to requests for additional fund documents made by policyholders/contract owners directly to LIFE COMPANY or one of its affiliates. (h) LIFE COMPANY represents and warrants that any binding together of Summary Prospectuses and/or Statutory Prospectuses will be done in compliance with Rule 498. (i) If AVIF (IVIF) determines that it will end its use of the Summary Prospectus delivery option, AVIF (IVIF) and UNDERWRITER will provide LIFE COMPANY with at least 90 days’ advance notice of its intent. (j) The Parties agree that LIFE COMPANY is not required to distribute Summary Prospectuses to its policyholders/contract owners, but rather that the use of the Summary Prospectus will be at the discretion of LIFE COMPANY. LIFE COMPANY agrees that it will give UNDERWRITER and AVIF (IVIF) reasonable notice of its intended use of the Summary Prospectuses or the Statutory Prospectuses. (k) The Parties agree that all other provisions of the Participation Agreement, including, the Indemnification provisions, will apply to the terms of this Section 23., as applicable.
Appears in 1 contract
Samples: Participation Agreement (Aim Variable Insurance Funds (Invesco Variable Insurance Funds))
Summary Prospectus. Should AVIF (IVIF) and LIFE COMPANY desire to distribute the prospectuses of the funds within AVIF (IVIF) pursuant to Rule 498 of the Securities Act of 1933, as amended, (“Rule 498”), the roles and responsibilities of the Parties to the Agreement (the “Parties”), for complying with Rule 498 and other applicable laws, are set forth as follows:
(a) For purposes of this Section 23., the terms “Summary Prospectus” and “Statutory Prospectus” shall have the same meaning as set forth in Rule 498.
(b) AVIF (IVIF) shall provide, or cause to provide, LIFE COMPANY with copies of the Summary Prospectuses in the same manner and at the same times as the Participation Agreement requires that AVIF (IVIF) provide LIFE COMPANY with Statutory Prospectuses. If AVIF (IVIF) makes any changes to the Summary Prospectus by way of a filing pursuant to Rule 497 under the Securities Act of 1933, unless the Parties agree otherwise, AVIF (IVIF) shall, instead of providing LIFE COMPANY with a revised Summary Prospectus, provide LIFE COMPANY with a supplement setting forth the changes in the Rule 497 filing.
(c) AVIF (IVIF) and/or the UNDERWRITER shall be responsible for compliance with Rule 498(e).
(d) AVIF (IVIF) and UNDERWRITER each represent and warrant that the Summary Prospectuses and the web site hosting of such Summary Prospectuses will comply with the requirements of Rule 498 applicable to AVIF (IVIF) and its series. AVIF (IVIF) further represents and warrants that it has reasonable policies and procedures in place to ensure that such web site complies with Rule 498.
(e) AVIF (IVIF) and UNDERWRITER each agree that the URL indicated on each Summary Prospectus will lead policyholders/contract owners directly to the web page used for hosting Summary Prospectuses (“Landing Page”) and that such Landing Page will host the current AVIF (IVIF) and series’ documents required to be posted in compliance with Rule 498. AVIF (IVIF) shall immediately notify LIFE COMPANY of any interruptions in availability of this Landing Page that last more than 24 hours. Such Landing Page will contain the investment options available under the Agreement. LIFE COMPANY of any interruptions in availability of this Landing Page that last more than 24 hours. Such Landing Page will contain the investment options available under the Agreement.
(f) AVIF (IVIF) and UNDERWRITER represent and warrant that they will be responsible for compliance with the provisions of Rule 498(f)(i) involving policyholder/contract owner requests for additional AVIF (IVIF) documents made directly to AVIF (IVIF). AVIF (IVIF) and UNDERWRITER further represent and warrant that any information obtained about policyholders/contract owners pursuant to this provision will be used solely for the purposes of responding to requests for additional AVIF (IVIF) documents.
(g) LIFE COMPANY represents and warrants that it will respond to requests for additional fund documents made by policyholders/contract owners directly to LIFE COMPANY or one of its affiliates.
(h) LIFE COMPANY represents and warrants that any binding together of Summary Prospectuses and/or Statutory Prospectuses will be done in compliance with Rule 498.
(i) If AVIF (IVIF) determines that it will end its use of the Summary Prospectus delivery option, AVIF (IVIF) and UNDERWRITER will provide LIFE COMPANY with at least 90 days’ advance notice of its intent.
(j) The Parties agree that LIFE COMPANY is not required to distribute Summary Prospectuses to its policyholders/contract owners, but rather that the use of the Summary Prospectus will be at the discretion of LIFE COMPANY. LIFE COMPANY agrees that it will give UNDERWRITER and AVIF (IVIF) reasonable notice of its intended use of the Summary Prospectuses or the Statutory Prospectuses.
(k) The Parties agree that all other provisions of the Participation Agreement, including, the Indemnification provisions, will apply to the terms of this Section 23., as applicable.
Appears in 1 contract
Samples: Participation Agreement (Transamerica Corporate Separate Account Sixteen)
Summary Prospectus. Should AVIF (IVIFAVIF(IVIF) and LIFE COMPANY TALIC desire to distribute the prospectuses of the funds within AVIF (IVIFAVIF(IVIF) pursuant to Rule 498 of the Securities Act of 1933, as amended, . (“"Rule 498”"), the roles and responsibilities of the Parties to the Agreement (the “"Parties”"), for complying with Rule 498 and other applicable laws, are set forth as follows:
(a) For purposes of this Section 23.Section, the terms “"Summary Prospectus” " and “"Statutory Prospectus” " shall have the same meaning as set forth in Rule 498.. PAA·AMD10-TALIC (05-01-13)
(b) AVIF (IVIFAVIF(IVIF) shall provide, or cause to provide, LIFE COMPANY TALIC with copies of the Summary Prospectuses in the same manner and at the same times as the Participation Partciaption Agreement requires that AVIF (IVIFAVIF(IVIF) provide LIFE COMPANY TALIC with Statutory Prospectuses. If AVIF (IVIFAVIF(IVIF) makes any changes to the Summary Prospectus by way of a filing pursuant to Rule 497 under the Securities Act of 1933, unless the Parties agree otherwise, AVIF (IVIFoterhwise. AVIF(IVIF) shall, instead of providing LIFE COMPANY TALIC with a revised Summary Prospectus, provide LIFE COMPANY TALIC with a supplement setting forth the changes in the Rule 497 filing.
(c) AVIF (IVIFAVIF(IVIF) and/or the UNDERWRITER Invesco shall be responsible for compliance with Rule 498(e).
(d) AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco each represent and warrant that the Summary Prospectuses Prospectus and the web site hosting of such Summary Prospectuses prospectuses will comply with the requirements requirement of Rule 498 applicable to AVIF (IVIFAVIF(IVIF) and its series. AVIF (IVIFAVIF(IVIF) further represents and warrants that it has reasonable policies and procedures in place to ensure that such web site complies with Rule 498.
(e) AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco each agree that the URL indicated on each Summary Prospectus will lead policyholders/contract owners directly to the web page used for hosting Summary Prospectuses (“Landing Page”) and that such Landing Page will host the current AVIF (IVIFAVIP(IVIF) and series’ documents required to be posted in compliance with Rule 498. AVIF(IVIF) shall promptly notify TSLIC of any interruption in the availability of this Landing Page that last more than 24 hours. Such Landing Page will contain the investment options available under the Agreement.
(f) AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco represent and warrant that they will be responsible for compliance with the provisions of Rule 498(f)(i498(f)(1) involving policyholder/contract owner requests for additional AVIF (IVIF) Trust documents made directly to AVIF (IVIFAVIF(IVIF). AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco further represent and warrant that any information obtained about policyholders/contract owners pursuant to this provision will be used solely for the purposes of responding to requests for additional AVIF (IVIF) Trust documents.
(g) LIFE COMPANY represents TALIC represent and warrants that it will respond to requests for additional fund documents made by policyholders/contract owners directly to LIFE COMPANY the TALIC or one of its affiliates.
(h) LIFE COMPANY TALIC represents and warrants that any binding together of Summary Prospectuses and/or Statutory Prospectuses will be done in compliance with Rule 498.
(i) If AVIF (IVIFAVIF(IVIF) determines that it will end its use of the Summary Prospectus delivery option, AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco will provide LIFE COMPANY the TALIC with at least 90 days’ days advance notice of its intent.
(j) The Parties agree that LIFE COMPANY the TALIC is not required to distribute Summary Prospectuses to its policyholders/contract owners, but rather that the use of the Summary Prospectus will be at the discretion of LIFE COMPANYthe TALIC. LIFE COMPANY The TALIC agrees that it will give UNDERWRITER Invesco and AVIF (IVIFAVIF(IVIF) reasonable notice of its intended use of the Summary Prospectuses or the Statutory Prospectuses.
(k) The Parties agree that all other provisions of the Participation Agreement, including, including the Indemnification provisions, will apply to the terms of this Section 2321., as applicable.
4. The existing third “WHEREAS” clause is deleted in its entirety and replaced with the following.
Appears in 1 contract
Samples: Participation Agreement (Merrill Lynch Life Variable Life Separate Account Ii)
Summary Prospectus. Should AVIF (IVIFAVIF(IVIF) and LIFE COMPANY TALIC desire to distribute the prospectuses of the funds within AVIF (IVIFAVIF(IVIF) pursuant to Rule 498 of the Securities Act of 1933, as amended, (“Rule 498”), the roles and responsibilities of the Parties to the Agreement (the “Parties”), for complying with Rule 498 and other applicable laws, are set forth as follows:
(a) For purposes of this Section 23.Section, the terms “Summary Prospectus” and “Statutory Prospectus” shall have the same meaning as set forth in Rule 498.. PAA-AMD10-TALIC (05-01-13) 2
(b) AVIF (IVIFAVIF(IVIF) shall provide, or cause to provide, LIFE COMPANY TALIC with copies of the Summary Prospectuses in the same manner and at the same times as the Participation Agreement requires that AVIF (IVIFAVIF(IVIF) provide LIFE COMPANY TALIC with Statutory Prospectuses. If AVIF (IVIFAVIF(IVIF) makes any changes to the Summary Prospectus by way of a filing pursuant to Rule 497 under the Securities Act of 1933, unless the Parties agree otherwise, AVIF (IVIFAVIF(IVIF) shall, instead of providing LIFE COMPANY TALIC with a revised Summary Prospectus, provide LIFE COMPANY TALIC with a supplement setting forth the changes in the Rule 497 filing.
(c) AVIF (IVIFAVIF(IVIF) and/or the UNDERWRITER Invesco shall be responsible for compliance with Rule 498(e).
(d) AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco each represent and warrant that the Summary Prospectuses and the web site hosting of such Summary Prospectuses will comply with the requirements of Rule 498 applicable to AVIF (IVIFAVIF(IVIF) and its series. AVIF (IVIFAVIF(IVIF) further represents and warrants that it has reasonable policies and procedures in place to ensure that such web site complies with Rule 498.
(e) AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco each agree that the URL indicated on each Summary Prospectus will lead policyholders/contract owners directly to the web page used for hosting Summary Prospectuses (“Landing Page”) and that such Landing Page will host the current AVIF (IVIFAVIF(IVIF) and series’ documents required to be posted in compliance incompliance with Rule 498. AVIF(IVIF) shall promptly notify TALIC of any interruptions in availability of this Landing Page that last more than 24 hours. Such Landing Page will contain the investment options available under the Agreement.
(f) AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco represent and warrant that they will be responsible for compliance with the provisions of Rule 498(f)(i498(f)(1) involving policyholder/contract owner requests for additional AVIF (IVIF) Trust documents made directly to AVIF (IVIFAVIF(IVIF). AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco further represent and warrant that any information obtained about policyholders/contract owners pursuant to this provision will be used solely for the purposes of responding to requests for additional AVIF (IVIF) Trust documents.
(g) LIFE COMPANY TALIC represents and warrants that it will respond to requests for additional fund documents made by policyholders/contract owners directly to LIFE COMPANY the TALIC or one of its affiliates.
(h) LIFE COMPANY TALIC represents and warrants that any binding together of Summary Prospectuses and/or Statutory Prospectuses will be done in compliance with Rule 498.
(i) If AVIF (IVIFAVIF(IVIF) determines that it will end its use of the Summary Prospectus delivery option, AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco will provide LIFE COMPANY the TALIC with at least 90 days’ days advance notice of its intent.
(j) The Parties agree that LIFE COMPANY the TALIC is not required to distribute Summary Prospectuses to its policyholders/contract owners, but rather that the use of the Summary Prospectus will be at the discretion of LIFE COMPANYthe TALIC. LIFE COMPANY The TALIC agrees that it will give UNDERWRITER Invesco and AVIF (IVIFAVIF(IVIF) reasonable notice of its intended use of the Summary Prospectuses or the Statutory Prospectuses.
(k) The Parties agree that all other provisions of the Participation Agreement, including, including the Indemnification provisions, will apply to the terms of this Section 2321., as applicable.. PAA-AMD10-TALIC (05-01-13) 3
4. The existing third “WHEREAS” clause is deleted in its entirety and replaced with the following:
Appears in 1 contract
Samples: Participation Agreement (Merrill Lynch Life Variable Annuity Separate Account A)
Summary Prospectus. Should AVIF (IVIF) and LIFE COMPANY desire to distribute the prospectuses of the funds within AVIF (IVIF) pursuant to Rule 498 of the Securities Act of 1933, as amended, (“Rule 498”), the roles and responsibilities of the Parties to the Agreement (the “Parties”), for complying with Rule 498 and other applicable laws, are set forth as follows:
(a) For purposes of this Section 23., the terms “Summary Prospectus” and “Statutory Prospectus” shall have the same meaning as set forth in Rule 498.
(b) AVIF (IVIF) shall provide, or cause to provide, LIFE COMPANY with copies of the Summary Prospectuses in the same manner and at the same times as the Participation Agreement requires that AVIF (IVIF) provide LIFE COMPANY with Statutory Prospectuses. If AVIF (IVIF) makes any changes to the Summary Prospectus by way of a filing pursuant to Rule 497 under the Securities Act of 1933, unless the Parties agree otherwise, AVIF (IVIF) shall, instead of providing LIFE COMPANY with a revised Summary Prospectus, provide LIFE COMPANY with a supplement setting forth the changes in the Rule 497 filing.
(c) AVIF (IVIF) and/or the UNDERWRITER shall be responsible for compliance with Rule 498(e).
(d) AVIF (IVIF) represents and UNDERWRITER each represent and warrant warrants that the Summary Prospectuses and the web site hosting of such Summary Prospectuses will comply with the requirements of Rule 498 applicable to AVIF (IVIF) and its series. AVIF (IVIF) further represents and warrants that it has reasonable policies and procedures in place to ensure that such web site complies with Rule 498.
(e) AVIF (IVIF) and UNDERWRITER each agree agrees that the URL indicated on each Summary Prospectus will lead policyholders/contract owners directly to the web page used for hosting Summary Prospectuses (“Landing Page”) and that such Landing Page will host the current AVIF (IVIF) and series’ documents required to be posted in compliance with Rule 498. AVIF (IVIF) shall promptly notify LIFE COMPANY of any interruptions in availability of this Landing Page that last more than 24 hours. Such Landing Page will contain the investment options available under the Agreement.
(f) AVIF (IVIF) represents and UNDERWRITER represent and warrant warrants that they will be responsible for compliance with the provisions of Rule 498(f)(i) involving policyholder/contract owner requests for additional AVIF (IVIF) documents made directly to AVIF (IVIF). AVIF (IVIF) and UNDERWRITER further represent represents and warrant that any information obtained about policyholders/contract owners pursuant to this provision will be used solely for the purposes of responding to requests for additional AVIF (IVIF) documents.
(g) LIFE COMPANY represents and warrants that it will respond to requests for additional fund documents made by policyholders/contract owners directly to LIFE COMPANY or one of its affiliates.
(h) LIFE COMPANY represents and warrants that any binding together of Summary Prospectuses and/or Statutory Prospectuses will be done in compliance with Rule 498.
(i) If AVIF (IVIF) determines that it will end its use of the Summary Prospectus delivery option, AVIF (IVIF) and UNDERWRITER will provide LIFE COMPANY with at least 90 days’ advance notice of its intent.
(j) The Parties agree that LIFE COMPANY is not required to distribute Summary Prospectuses to its policyholders/contract owners, but rather that the use of the Summary Prospectus will be at the discretion of LIFE COMPANY. LIFE COMPANY agrees that it will give UNDERWRITER and AVIF (IVIF) reasonable notice of its intended use of the Summary Prospectuses or the Statutory Prospectuses.
(k) The Parties agree that all other provisions of the Participation Agreement, including, the Indemnification provisions, will apply to the terms of this Section 23., as applicable.. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective date: May 1, 2013 By: /s/ Xxxx X. Xxxx Name: Xxxx X. Xxxx Title: Senior Vice President By: /s/ Xxxxxx X. Xxxxx Name: Xxxxxx X. Xxxxx Title: Vice President By: /s/ Xxxxxx X. Xxxxx Name: Xxxxxx X. Xxxxx Title: Assistant Vice President
Appears in 1 contract
Summary Prospectus. Should AVIF (IVIF) and LIFE COMPANY desire to distribute the prospectuses of the funds within AVIF (IVIF) pursuant to Rule 498 of the Securities Act of 1933, as amended, (“Rule 498”), the roles and responsibilities of the Parties to the Agreement (the “Parties”), for complying with Rule 498 and other applicable laws, are set forth as follows:
(a) For purposes of this Section 23., the terms “Summary Prospectus” and “Statutory Prospectus” shall have the same meaning as set forth in Rule 498.
(b) AVIF (IVIF) shall provide, or cause to provide, LIFE COMPANY with copies of the Summary Prospectuses in the same manner and at the same times as the Participation Agreement requires that AVIF (IVIF) provide LIFE COMPANY with Statutory Prospectuses. If AVIF (IVIF) makes any changes to the Summary Prospectus by way of a filing pursuant to Rule 497 under the Securities Act of 1933, unless the Parties agree otherwise, AVIF (IVIF) shall, instead of providing LIFE COMPANY with a revised Summary Prospectus, provide LIFE COMPANY with a supplement setting forth the changes in the Rule 497 filing.
(c) AVIF (IVIF) and/or the UNDERWRITER shall be responsible for compliance with Rule 498(e).
(d) AVIF (IVIF) and UNDERWRITER each represent and warrant that the Summary Prospectuses and the web site hosting of such Summary Prospectuses will comply with the requirements of Rule 498 applicable to AVIF (IVIF) and its series. AVIF (IVIF) further represents and warrants that it has reasonable policies and procedures in place to ensure that such web site complies with Rule 498.
(e) AVIF (IVIF) and UNDERWRITER each agree that the URL indicated on each Summary Prospectus will lead policyholders/contract owners directly to the web page used for hosting Summary Prospectuses (“Landing Page”) and that such Landing Page will host the current AVIF (IVIF) and series’ documents required to be posted in compliance with Rule 498. AVIF (IVIF) shall immediately notify LIFE COMPANY of any interruptions in availability of this Landing Page that last more than 24 hours. Such Landing Page will contain the investment options available under the Agreement.
(f) AVIF (IVIF) and UNDERWRITER represent and warrant that they will be responsible for compliance with the provisions of Rule 498(f)(i) involving policyholder/contract owner requests for additional AVIF (IVIF) documents made directly to AVIF (IVIF). AVIF (IVIF) and UNDERWRITER further represent and warrant that any information obtained about policyholders/contract owners pursuant to this provision will be used solely for the purposes of responding to requests for additional AVIF (IVIF) documents.
(g) LIFE COMPANY represents and warrants that it will respond to requests for additional fund documents made by policyholders/contract owners directly to LIFE COMPANY or one of its affiliates.
(h) LIFE COMPANY represents and warrants that any binding together of Summary Prospectuses and/or Statutory Prospectuses will be done in compliance with Rule 498.
(i) If AVIF (IVIF) determines that it will end its use of the Summary Prospectus delivery option, AVIF (IVIF) and UNDERWRITER will provide LIFE COMPANY with at least 90 days’ advance notice of its intent.
(j) The Parties agree that LIFE COMPANY is not required to distribute Summary Prospectuses to its policyholders/contract owners, but rather that the use of the Summary Prospectus will be at the discretion of LIFE COMPANY. LIFE COMPANY agrees that it will give UNDERWRITER and AVIF (IVIF) reasonable notice of its intended use of the Summary Prospectuses or the Statutory Prospectuses.
(k) The Parties agree that all other provisions of the Participation Agreement, including, the Indemnification provisions, will apply to the terms of this Section 23., as applicable.
Appears in 1 contract
Summary Prospectus. Should AVIF (IVIFAVIF(IVIF) and LIFE COMPANY TALIC desire to distribute the prospectuses of the funds within AVIF (IVIFAVIF(IVIF) pursuant to Rule 498 of the Securities Act of 1933, as amended, (“Rule 498”), the roles and responsibilities of the Parties to the Agreement (the “Parties”), for complying with Rule 498 and other applicable laws, are set forth as follows:
(a) For purposes of this Section 23.Section, the terms “Summary Prospectus” and “Statutory Prospectus” shall have the same meaning as set forth in Rule 498.. PAA-AMD10-TALIC (05-01-13)
(b) AVIF (IVIFAVIF(IVIF) shall provide, or cause to provide, LIFE COMPANY TALIC with copies of the Summary Prospectuses in the same manner and at the same times as the Participation Agreement requires that AVIF (IVIFAVIF(IVIF) provide LIFE COMPANY TALIC with Statutory Prospectuses. If AVIF (IVIFAVIF(IVIF) makes any changes to the Summary Prospectus by way of a filing pursuant to Rule 497 under the Securities Act of 1933, unless the Parties agree otherwise, AVIF (IVIFAVIF(IVIF) shall, instead of providing LIFE COMPANY TALIC with a revised Summary Prospectus, provide LIFE COMPANY TALIC with a supplement setting forth the changes in the Rule 497 filing.
(c) AVIF (IVIFAVIF(IVIF) and/or the UNDERWRITER Invesco shall be responsible for compliance with Rule 498(e).
(d) AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco each represent and warrant that the Summary Prospectuses and the web site hosting of such Summary Prospectuses will comply with the requirements of Rule 498 applicable to AVIF (IVIFAVIF(IVIF) and its series. AVIF (IVIFAVIF(IVIF) further represents and warrants that it has reasonable policies and procedures in place to ensure that such web site complies with Rule 498.
(e) AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco each agree that the URL indicated on each Summary Prospectus will lead policyholders/contract owners directly to the web page used for hosting Summary Prospectuses (“Landing Page”) and that such Landing Page will host the current AVIF (IVIFAVIF(IVIF) and series’ documents required to be posted in compliance incompliance with Rule 498. AVIF(IVIF) shall promptly notify TALIC of any interruptions in availability of this Landing Page that last more than 24 hours. Such Landing Page will contain the investment options available under the Agreement.
(f) AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco represent and warrant that they will be responsible for compliance with the provisions of Rule 498(f)(i498(f)(1) involving policyholder/contract owner requests for additional AVIF (IVIF) Trust documents made directly to AVIF (IVIFAVIF(IVIF). AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco further represent and warrant that any information obtained about policyholders/contract owners pursuant to this provision will be used solely for the purposes of responding to requests for additional AVIF (IVIF) Trust documents.
(g) LIFE COMPANY TALIC represents and warrants that it will respond to requests for additional fund documents made by policyholders/contract owners directly to LIFE COMPANY the TALIC or one of its affiliates.
(h) LIFE COMPANY TALIC represents and warrants that any binding together of Summary Prospectuses and/or Statutory Prospectuses will be done in compliance with Rule 498.
(i) If AVIF (IVIFAVIF(IVIF) determines that it will end its use of the Summary Prospectus delivery option, AVIF (IVIFAVIF(IVIF) and UNDERWRITER Invesco will provide LIFE COMPANY the TALIC with at least 90 days’ days advance notice of its intent.
(j) The Parties agree that LIFE COMPANY the TALIC is not required to distribute Summary Prospectuses to its policyholders/contract owners, but rather that the use of the Summary Prospectus will be at the discretion of LIFE COMPANYthe TALIC. LIFE COMPANY The TALIC agrees that it will give UNDERWRITER Invesco and AVIF (IVIFAVIF(IVIF) reasonable notice of its intended use of the Summary Prospectuses or the Statutory Prospectuses.
(k) The Parties agree that all other provisions of the Participation Agreement, including, including the Indemnification provisions, will apply to the terms of this Section 2321., as applicable.. PAA-AMD10-TALIC (05-01-13)
4. The existing third “WHEREAS” clause is deleted in its entirety and replaced with the following:
Appears in 1 contract
Samples: Participation Agreement (Merrill Lynch Life Variable Annuity Separate Account A)