Common use of Appointment by FNWL Clause in Contracts

Appointment by FNWL. FNWL shall take all actions necessary to effect the appointment of an individual, who is a Representative of the Distributor, as an insurance agent of FNWL, provided, however, that FNWL reserves the right, in its reasonable discretion, to refuse to appoint any such individual or renew any such appointment or to terminate any appointment, consistent with federal and state insurance and securities laws and regulations, and the rules and procedures of FNWL.

Appointment by FNWL. FNWL shall take all actions necessary to effect the appointment of an individual, who is a Representative of the Distributor, Representatives as an may from time to time be identified by Distributor as qualified to serve as insurance agent agents of FNWL, ; provided, however, that FNWL reserves the right, in its reasonable discretion, to refuse to appoint any such individual person or renew any such appointment or to terminate any appointment, consistent with federal its duties and state insurance and securities laws and regulations, and the rules and procedures of FNWLresponsibilities under applicable law.