Common use of APPOINTMENT OF BROKER Clause in Contracts

APPOINTMENT OF BROKER. Broker, subject to the terms and conditions of this Agreement, hereby accepts appointment to solicit, sell and provide services to the Contracts and agrees to use its best efforts to find suitable purchasers for the Contracts. Broker represents and warrants that it shall offer Contracts only in those states where it or an Agency is appropriately licensed and that it has obtained any other appointments, approvals, licenses, authorizations, orders or consents that are necessary to enter into this Agreement and to perform its duties hereunder. Broker further represents that its Representatives who shall be soliciting applications for Contracts shall at all times be appropriately licensed under Applicable Laws and such solicitations shall be in accordance with Applicable Laws including, without limitation, the NASD Conduct Rules and all insurance replacement regulations and regulations prohibiting the rebating of commissions.

Appears in 7 contracts

Samples: Retail Sales Agreement (Metlife Investors Variable Annuity Account One), Retail Sales Agreement (General American Separate Account Two), Sales Agreement (Paragon Separate Account A)

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APPOINTMENT OF BROKER. Broker, subject to the terms and conditions _____________________ of this Agreement, hereby accepts appointment to solicit, sell and provide services to the Contracts and agrees to use its best efforts to find suitable purchasers for the Contracts. Broker represents and warrants that it shall offer Contracts only in those states where it or an Agency is appropriately licensed and that it has obtained any other appointments, approvals, licenses, authorizations, orders or consents that are necessary to enter into this Agreement and to perform its duties hereunder. Broker further represents that its Representatives who shall be soliciting applications for Contracts shall at all times be appropriately licensed under Applicable Laws and such solicitations shall be in accordance with Applicable Laws including, without limitation, the NASD Conduct Rules and all insurance replacement regulations and regulations prohibiting the rebating of commissions.

Appears in 1 contract

Samples: Retail Sales Agreement (Metropolitan Life Separate Account UL)

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APPOINTMENT OF BROKER. Broker, subject to the terms and conditions of --------------------- this Agreement, hereby accepts appointment to solicit, sell and provide services to the Contracts and agrees to use its best efforts to find suitable purchasers for the Contracts. Broker represents and warrants that it shall offer Contracts only in those states where it or an Agency is appropriately licensed and that it has obtained any other appointments, approvals, licenses, authorizations, orders or consents that are necessary to enter into this Agreement and to perform its duties hereunder. Broker further represents that its Representatives who shall be soliciting applications for Contracts shall at all times be appropriately licensed under Applicable Laws and such solicitations shall be in accordance with Applicable Laws including, without limitation, the NASD Conduct Rules and all insurance replacement regulations and regulations prohibiting the rebating of commissions.

Appears in 1 contract

Samples: Retail Sales Agreement (Metlife Investors Variable Life Account One)

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