Common use of PROSPECTUS AND PROXY STATEMENTS Clause in Contracts

PROSPECTUS AND PROXY STATEMENTS. 3.1 TRUST shall prepare and be responsible for filing with the SEC and any state regulators requiring such filing all shareholder reports, notices, proxy materials (or similar materials such as voting instruction solicitation materials), prospectuses and statements of additional information of TRUST. TRUST shall bear the costs of registration and qualification of shares of the Portfolios, preparation and filing of the documents listed in this Section 3.1 and all taxes and filing fees to which an issuer is subject on the issuance and transfer of its shares. 3.2 TRUST or its designee shall provide NATIONWIDE, free of charge, with as many copies of the current prospectus (or prospectuses), statements of additional information, annual and semi-annual reports and proxy statements for the shares of the Portfolios as NATIONWIDE may reasonably request. 3.3 TRUST will provide NATIONWIDE with at least one complete copy of all prospectuses, statements of additional information, annual and semi-annual reports, proxy statements, exemptive applications and all amendments or supplements to any of the above that relate to the Portfolios promptly after the filing of each such document with the SEC or other regulatory authority. NATIONWIDE will provide TRUST with at least one complete copy of all prospectuses, statements of additional information, annual and semi-annual reports, proxy statements, exemptive applications and all amendments or supplements to any of the above that relate to a Separate Account promptly after the filing of each such document with the SEC or other regulatory authority.

Appears in 1 contract

Sources: Fund Participation Agreement (Nationwide Vli Separate Account 4)

PROSPECTUS AND PROXY STATEMENTS. 3.1 TRUST The Fund shall prepare and be responsible for filing with the SEC and any state regulators requiring such filing all shareholder reports, notices, proxy materials (or similar materials such as voting instruction solicitation materials), prospectuses and statements of additional information of TRUSTthe Fund. TRUST The Fund shall bear the costs of registration and qualification of shares of the Portfolios, preparation and filing of the documents listed in this Section 3.1 and all taxes and filing fees to which an issuer is subject on the issuance and transfer of its shares. 3.2 TRUST The Fund or its designee shall provide NATIONWIDE, free of charge, the Life Company with as many copies in pdf format of the current prospectus, prospectus (or prospectuses)supplements, statements statement of additional information, Fund proxy materials and annual and semi-annual reports and proxy statements for the shares of the Portfolios Portfolio's which are invested in by the Variable Contracts. The Life Company shall bear the costs of printing (if necessary) and distributing proxy materials (or similar materials such as NATIONWIDE may reasonably requestvoting solicitation instructions), prospectuses, prospectus supplements, statements of additional information and annual and semi-annual reports to Variable Contract owners in accordance with applicable federal and state securities laws. 3.3 TRUST The Fund will provide NATIONWIDE the Life Company with at least one complete copy of all prospectuses, statements of additional information, annual and semi-annual reports, proxy statements, exemptive applications and all amendments or supplements to any of the above that relate to the Portfolios promptly after the filing of each such document with the SEC or other regulatory authority. NATIONWIDE The Life Company will provide TRUST the Fund with at least one complete copy of all prospectuses, statements of additional information, annual and semi-annual reports, proxy statements, exemptive applications and all amendments or supplements to any of the above that relate to a Separate Account promptly after the filing of each such document with the SEC or other regulatory authority.

Appears in 1 contract

Sources: Fund Participation Agreement (American Separate Account 5)