Common use of Authorization of Wholesaling Broker-Dealers Clause in Contracts

Authorization of Wholesaling Broker-Dealers. Insurer and Distributor may authorize one or more Wholesaling Broker-Dealers to engage in wholesaling activities on their behalf for the purpose of soliciting broker-dealers to enter into Selling Agreements and supporting Selling Broker-Dealers and their Representatives in connection with the retail solicitation of the Contracts. Distributor may provide information and marketing assistance to any Wholesaling Broker-Dealer. Insurer alone shall be responsible for appointing Wholesaling Broker-Dealer and its Representatives as producers of Insurer in accordance with applicable State insurance law and for communicating to Wholesaling Broker-Dealer and its personnel, all policies and procedures applicable to them as such appointed producers of Insurer.

Authorization of Wholesaling Broker-Dealers. Insurer and Distributor may authorize one or more Wholesaling Broker-Dealers to engage in wholesaling activities on their behalf for the purpose of soliciting brokerBroker-dealers Dealers to enter into Selling Agreements and supporting Selling Broker-Dealers and their Representatives in connection with the retail solicitation of the Contracts. Distributor may provide information and marketing assistance to any Wholesaling Broker-Dealer. Insurer alone shall be responsible for appointing Wholesaling Broker-Dealer and its Representatives as producers of Insurer in accordance with applicable State insurance law and for communicating to Wholesaling Broker-Dealer and its personnel, all policies and procedures applicable to them as such appointed producers of Insurer.

Authorization of Wholesaling Broker-Dealers. Insurer and Distributor may authorize one or more Wholesaling Broker-Dealers to engage in wholesaling activities on their behalf for the purpose of soliciting broker-dealers to enter into Selling Agreements and Retail Agreements, supporting Selling Retail Broker-Dealers and their Representatives in connection with Retail Activities with respect to the retail solicitation of Contracts, and informing Advisers and their Representatives about the Contracts. Distributor may provide information and marketing assistance to any Wholesaling Broker-Dealer. Insurer alone shall be responsible for appointing each Wholesaling Broker-Dealer and its Representatives as producers of Insurer in accordance with applicable State insurance law and for communicating to each Wholesaling Broker-Dealer and its personnel, all policies and procedures applicable to them as such appointed producers of Insurer.