Common use of Chargeback of Compensation Clause in Contracts

Chargeback of Compensation. Except as otherwise may be provided in Exhibit A and B, no compensation shall be payable in connection with a purchase payment, and any compensation already paid shall be promptly returned to Principal Underwriter on request, under each of the following conditions:

Appears in 6 contracts

Samples: Sales Agreement (New England Variable Life Separate Account), Sales Agreement (Brighthouse Separate Account A), Sales Agreement (BRIGHTHOUSE LIFE INSURANCE Co OF NY)

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Chargeback of Compensation. Except as otherwise may be provided in --------------------------- Exhibit A and B, no compensation shall be payable in connection with a purchase payment, and any compensation already paid shall be promptly returned to Principal Underwriter on request, under each of the following conditions:

Appears in 2 contracts

Samples: Sales Agreement (New England Variable Life Separate Account), Sales Agreement (Brighthouse Variable Annuity Account B)

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