Summary Prospectuses Clause Samples

Summary Prospectuses. The Company intends to use an Initial Summary Prospectus for each currently offered Contract, in accordance with paragraph (j)(1)(i) of Rule 498A. The Fund and Underwriter shall ensure that a summary prospectus is used for each Portfolio, in accordance with paragraph (j)(1)(ii) of Rule 498A.
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Summary Prospectuses. (a) The parties acknowledge and agree that the Fund is not obligated to provide the Company with a summary prospectus with respect to a Portfolio (a “Fund Summary Prospectus”). Notwithstanding the foregoing, in the event that the Fund offers a Fund Summary Prospectus, the Sponsor represents and warrants that such Fund Summary Prospectus and the hosting of such Fund Summary Prospectus on a website maintained by the Sponsor or its agent in accordance with Rule 498 of the 1933 Act (“Rule 498”) will comply with all applicable state and federal securities laws. For purposes of this Section 3.4, “summary prospectus” shall have the meaning set forth in Rule 498. (b) The parties acknowledge and agree that the Company, in its sole discretion, may elect to distribute a Fund Summary Prospectus, if issued by the Fund, to its Variable Insurance Product owners. In the event that the Company elects to distribute a Fund Summary Prospectus, the Company represents and warrants that it will comply with all laws and regulations applicable to the Company, the Accounts, or the Variable Insurance Products in connection with the use of such Fund Summary Prospectus. (c) In the event that the Sponsor elects to discontinue the use of a Fund Summary Prospectus, the Sponsor agrees to use commercially reasonable efforts to provide the Company with prior notice of such discontinuation.”
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Summary Prospectuses. (a) On behalf of the Fund, the Underwriter represents and warrants that the Summary Prospectuses and the hosting of such Summary Prospectuses on the Fund's website will comply with the requirements of Rule 498 applicable to the Fund. The Underwriter further represents and warrants that the Fund has reasonable procedures in place to ensure that such web site is accessible in accordance with the requirements of Rule 498. (b) On behalf of the Fund, the Underwriter agrees that the website address that appears on the front page of each Summary Prospectus will lead Contractholders directly to a web page that contains links to the current Statutory Prospectus and other materials that are required to be accessible under Rule 498(e)(1) (each, an "Electronic Fund Document") rather than to the home page or other section the Fund's website where the materials are posted. The Underwriter shall promptly notify the Insurance Company of any unexpected interruptions in the accessibility of this web page that continue for more than 48 hours unless the Underwriter, on behalf of the Fund, has taken prompt remedial action in accordance with Rule 498(e)(4)(ii). (c) On behalf of the Fund, the Underwriter represents and warrants that the Fund will be responsible for compliance with the provisions of Rule 498(f)(l) involving Contractholder requests for additional Fund documents made by calling the telephone number or by sending an email to the email address, that, in each case, appears on the front page of the applicable Summary Prospectus. The Underwriter further represents and warrants that any information obtained through such process by the Fund, the Underwriter or an affiliate of the Underwriter about Contractholders will be used solely for the purposes of responding to requests for additional Fund documents unless the Underwriter has obtained that information through another source. (d) The Insurance Company represents and warrants that it will respond to requests for additional Fund documents made by Contractholders directly to the Insurance Company or one of its affiliates. (e) At the Insurance Company's request, the Underwriter will provide the Insurance Company with the current Uniform Resource Locator to each Electronic Fund Document for use with the Insurance Company's electronic delivery of fund documents or on the Insurance Company's website. (f) On behalf of the Fund, the Underwriter represents and warrants that the Fund has reasonable safeguards in place to prevent...
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Summary Prospectuses. For purposes of this Amendment, the terms Summary Prospectus and Statutory Prospectus shall have the same meaning as set forth in Rule 498 under the Securities Act of 1933 (“Rule 498”). (a) The Trust represents and warrants that the Summary Prospectuses and the Web site hosting of such Summary Prospectuses and such other Trust/Portfolio documents required under Rule 498(e)(1) will comply in all material respects with the requirements of Rule 498(b), (e)(1), (e)(2), (e)(3) and (f)(4) applicable to the Trust and its Portfolios. The Trust further represents and warrants that it has reasonable procedures in place to ensure that documents required under Rule 498(e)(1) are available in the manner required by paragraphs (e)(1), (e)(2) and (e)(3) of Rule 498. (b) The Trust and MFS represent and warrant that they will be responsible for compliance with the provisions of Rule 498(f)(1) involving contract owner requests for additional Trust/Portfolio documents made directly to the Trust, MFS or one of their affiliates at the phone number specified on the Summary Prospectus or the email address provided on the Web site where the required documents are located. (c) The Company represents and warrants that it will be responsible for compliance with the provisions of Rule 498(f)(1) involving contract owner requests for additional fund documents made directly to the Company or one of its affiliates. (d) The Company will be responsible for ensuring compliance with the conditions set out in Rule 498 (c) and (d) (other than conditions (3) and (4)) of either such paragraph and with Rule 498(f)(2). (e) At the Company’s request, MFS and the Trust will provide URLs to the Company for use with Company’s electronic delivery of Portfolio documents or on the Company’s website. The Company will be solely responsible for the maintenance of such Web links. (f) The parties agree that the Company is not required to distribute Summary Prospectuses to its contract owners, but rather use of the Summary Prospectus will be at the discretion of the Company. The Company agrees that it will give MFS and the Trust sufficient notice of 207375 its intended use of the Summary Prospectuses or the Statutory Prospectus. (g) The Trust shall provide the Company with at least 60 days advance written notice of its intent to cease using the Summary Prospectus delivery option.” 5. Article XII shall be amended by deleting the contact information for the Company and replacing it with the following: “If to the ...
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Summary Prospectuses. The parties agree to comply with the terms included in the attached Schedule C as of the effective date of this Agreement.
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Summary Prospectuses. Notwithstanding any provision of this Agreement to the contrary, this Section 23 shall control with respect to the subject matter hereof. The Parties to the Agreement desire to set out the roles and responsibilities for complying with Rule 498 under the 1933 Act (“Rule 498”) and other applicable laws 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 deliver to LIFE COMPANY electronic copies of both the AVIF (IVIF) summary prospectus and AVIF (IVIF) statutory prospectus for use by LIFE COMPANY. AVIF (IVIF) also shall deliver to LIFE COMPANY the URL (uniform resource locator) for each AVIF (IVIF) document to enable LIFE COMPANY to send a direct link to the document on the Internet by email in response to Participant requests for an electronic copy of any such document as permitted by Rule 498(f)(1). (c) The LIFE COMPANY may, in its sole discretion, bind together the summary prospectuses or statutory prospectuses for the Funds with summary prospectuses or statutory prospectuses for other investment options under the Contract and the Contract prospectus(es) as long as such binding is done in compliance with Rule 498(c)(2) and any applicable guidance received from the SEC. (d) AVIF (IVIF) and INVESCO 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 Funds. The Trust further represents and warrants that it has appropriate policies and procedures in place to ensure that such web site continuously complies with Rule 498. (e) AVIF (IVIF) and INVESCO represent and warrant that they will be responsible for compliance with the provisions of Rule 498(f)(1) involving contract owner requests for additional Fund documents made directly to AVIF (IVIF), INVESCO or one of their affiliates. AVIF (IVIF) and INVESCO further represent and warrant that any information obtained about contract owners pursuant to this provision will be used solely for the purposes or responding to requests for additional Fund documents. (f) The LIFE COMPANY represents and warrants that it will respond to requests for additional Fund documents made by Contract owners directly to the LIFE COMPANY or one of its affiliates in accordance with the provisions of Rule 498(f)(1). The LIFE COMPANY shall deliver the most current version of the Fund d...
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Summary Prospectuses. FAS / BRIGHTHOUSE LIFE INSURANCE COMPANY VVIF PARTICIPATION AGREEMENT (REGISTERED) (0455862) (i) The parties acknowledge and agree that the Fund is not obligated to provide the Company with a summary prospectus with regard to a Portfolio (a "Fund Summary Prospectus"). Notwithstanding the foregoing, in the event that the Fund offers a Fund Summary Prospectus, the Sponsor represents and warrants that such Fund Summary Prospectus and the hosting of such Fund Summary Prospectus on a website maintained by the Sponsor or its agent in accordance with Rule 498 of the 1933 Act ("Rule 498") will comply with all applicable state and federal securities laws. For purposes of this Section 3.4, "summary prospectus" shall have the meaning set forth in Rule 498.
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Summary Prospectuses. (i) The parties acknowledge and agree that the Fund is not obligated to provide the Company with a summary prospectus with respect to a Portfolio (a "Fund Summary Prospectus"). Notwithstanding the foregoing, in the event that the Fund offers a Fund Summary Prospectus, the Sponsor represents and warrants that such Fund Summary Prospectus and the hosting of such Fund Summary Prospectus on a website maintained by the Sponsor or its agent in accordance with Rule 498 of the 1933 Act ("Rule 498") will comply with all applicable state and federal securities laws. For purposes of this Section 3.4, "summary prospectus" shall have the meaning set forth in Rule 498.
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Related to Summary Prospectuses

  • Preliminary Prospectuses (i) Each Preliminary Prospectus, as of the time it was filed with the Commission pursuant to Rule 424(a) under the Securities Act, if any, did not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that the Company makes no representation or warranty with respect to any statements or omissions made in reliance upon and in conformity with the Underwriter Information. (ii) Each Preliminary Prospectus, at the time it was filed with the Commission pursuant to Rule 424(a) under the Securities Act, if any, complied in all material respects with the Securities Act.

  • Use of Summary Prospectuses (i) The Company shall ensure that an Initial Summary Prospectus is used for each currently offered Variable Contract described under the related registration statement, in accordance with paragraph (j)(1)(i) of Rule 498A.

  • Preliminary Prospectus No order preventing or suspending the use of any Preliminary Prospectus has been issued by the Commission, and each Preliminary Prospectus included in the Pricing Disclosure Package, at the time of filing thereof, complied in all material respects with the Securities Act, and no Preliminary Prospectus, at the time of filing thereof, contained any untrue statement of a material fact or omitted to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that the Company makes no representation or warranty with respect to any statements or omissions made in reliance upon and in conformity with information relating to any Underwriter furnished to the Company in writing by such Underwriter through the Representatives expressly for use in any Preliminary Prospectus, it being understood and agreed that the only such information furnished by any Underwriter consists of the information described as such in Section 7(b) hereof.

  • Statutory Prospectus The Statutory Prospectus, as of the Applicable Time and on the Closing Date and any settlement date, did not and will not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that the Company makes no representations or warranties as to the information contained in or omitted from the Statutory Prospectus in reliance upon and in conformity with written information furnished to the Company by or on behalf of any Underwriter through the Representative specifically for use therein, it being understood and agreed that the only such information furnished by or on behalf of any Underwriter consists of the information described as such in Section 8(b) hereof.

  • Prospectus The prospectus included in a Registration Statement, as amended or supplemented by any prospectus supplement and by all other amendments thereto, including post-effective amendments, and all material incorporated by reference into such Prospectus.