Common use of Authorization of Distributor Clause in Contracts

Authorization of Distributor. (a) The Distributor will serve as distributor on an agency basis for the Contracts. This authorization is exclusive until this Agreement is terminated or the authorization is otherwise terminated pursuant to an amendment hereto. The Distributor represents that it will actively engage in its duties under this Agreement on a continuous basis while the Registration Statements (or any other registration statements filed and declared effective in lieu thereof) for the Contracts are effective, consistent with its business and relationship with Chase pursuant to the Omnibus Agreement described in Section 14 2 hereof, and subject to applicable material market and regulatory conditions and any other restrictions that may become applicable to its activities. Anchor National reserves the right at any time to suspend or limit the public offering of the Contracts, upon written notice to Distributor.

Appears in 2 contracts

Samples: Distribution Agreement (Variable Annuity Account Two T), Distribution Agreement (Anchor National Life Insurance Co)

AutoNDA by SimpleDocs

Authorization of Distributor. (a) The Distributor will serve as distributor on an agency basis for the Contracts. This authorization is exclusive until this Agreement is terminated or the authorization is otherwise terminated pursuant to an amendment hereto. The Distributor represents that it will actively engage in its duties under this Agreement on a continuous basis while the Registration Statements (or any other registration statements filed and declared effective in lieu thereof) for the Contracts are effective, consistent with its business and relationship with Chase pursuant to the Omnibus Agreement described in Section 14 2 hereof, and subject to applicable material market and regulatory conditions and any other restrictions that may become applicable to its activities. Anchor National reserves the right at any time to suspend or limit the public offering of the Contracts, upon written notice to Distributor.

Appears in 2 contracts

Samples: Distribution Agreement (Anchor National Life Insurance Co), Distribution Agreement (Variable Annuity Account Two)

Authorization of Distributor. (a) The Distributor will serve as distributor on an agency basis for the Contracts. This authorization is exclusive until this Agreement is terminated or the authorization is otherwise terminated pursuant to an amendment hereto. The Distributor represents that it will actively engage in its duties under this Agreement on a continuous basis while the Registration Statements (or any other registration statements filed and declared effective in lieu thereof) for the Contracts are effective, consistent with its business and relationship with Chase pursuant to the Omnibus Agreement described in Section 14 2 hereof, and subject to applicable material market and regulatory conditions and any other restrictions that may become applicable to its activities. Anchor National First SunAmerica reserves the right at any time to suspend or limit the public offering of the Contracts, upon written notice to Distributor.

Appears in 2 contracts

Samples: Distribution Agreement (First Sunamerica Life Insurance Co), Distribution Agreement (Fs Variable Annuity Account Two)

AutoNDA by SimpleDocs

Authorization of Distributor. (a) The Distributor will serve as distributor on an agency basis for the Contractscontracts. This authorization is exclusive until this Agreement is terminated or the authorization is otherwise terminated pursuant to an amendment hereto. The Distributor represents that it will actively engage in its duties under this Agreement on a continuous basis while the Registration Statements (or any other registration statements filed and declared effective in lieu thereof) for the Contracts are effective, consistent with its business and relationship with Chase pursuant to the Omnibus Agreement described in Section 14 2 hereof, and subject to applicable material market and regulatory conditions and any other restrictions that may become applicable to its activities. Anchor National First SunAmerica reserves the right at any time to suspend or limit the public offering of the Contracts, upon written notice to Distributor.

Appears in 2 contracts

Samples: Distribution Agreement (Fs Variable Annuity Account Two), Distribution Agreement (First Sunamerica Life Insurance Co)

Time is Money Join Law Insider Premium to draft better contracts faster.