Chargebacks of Commissions. If the Insurance Companies return all or a portion of a premium paid with respect to an Insurance Product, Broker/Dealer shall be obligated to refund to Underwriter applicable commissions on the amount of such premium only where:
Appears in 4 contracts
Samples: Selling Agreement (Travelers Separate Account Seven for Variable Annuities), Selling Agreement (Travelers Separate Account Tm for Variable Annuities), Selling Agreement (Travelers Separate Account Eight for Variable Annuities)
Chargebacks of Commissions. If the Insurance Companies return all or a portion of a premium paid with respect to an Insurance ProductContract, Broker/Dealer (and/or Selling Entity if applicable) shall be obligated to refund to Underwriter applicable Insurance Companies commissions on the amount of such premium only wherereceived as follows:
Appears in 2 contracts
Samples: Selling Agreement (Travelers Fund Ul for Variable Life Insurance), Selling Agreement (Travelers Fund Bd Iii for Variable Annuities)
Chargebacks of Commissions. If the Insurance Companies return Company returns all or a portion of a premium paid with respect to an Insurance ProductPolicy, Broker/Dealer Selling Entity shall be obligated to refund to Underwriter applicable commissions on the amount of such premium only where:
Appears in 1 contract
Chargebacks of Commissions. If the Insurance Companies return Company returns all or a portion of a premium paid with respect to an Insurance ProductPolicy, Broker/Dealer shall be obligated to refund to Underwriter applicable commissions on the amount of such premium only where:
Appears in 1 contract
