COLLECTION OF PURCHASE PAYMENTS. Broker-Dealer agrees that all money or other consideration tendered with or in respect of any application for a Variable Contract and the Variable Contract when issued is the property of Insurer and shall be promptly remitted in full to Insurer without deduction or offset for any reason, including by way of example but not limitation, any deduction or offset for compensation claimed by Broker-Dealer.
Appears in 5 contracts
Samples: Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co), Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co), Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co)
COLLECTION OF PURCHASE PAYMENTS. Broker-Broker Dealer agrees that all money or other consideration tendered with or in respect of any application for a Variable Contract and the Variable Contract when issued is the property of Insurer and shall be promptly remitted in full to Insurer without deduction or offset for any reason, including by way of example but not limitation, any deduction or offset for compensation claimed by Broker-Broker Dealer.
Appears in 2 contracts
Samples: Broker Dealer Agency Selling Agreement (Select Life Variable Account), Broker Dealer Selling Agreement (Reliastar Life Insur Co of Ny Var Annuity Separate Acct Ii)
COLLECTION OF PURCHASE PAYMENTS. Broker-/Dealer agrees that all money or other consideration tendered with or in respect of any application for a Variable Contract and the Variable Contract when issued is the property of Insurer and shall be promptly remitted in full to Insurer without deduction or offset for any reason, including by way of example but not limitation, any deduction or offset for compensation claimed by Broker-/Dealer.
Appears in 1 contract
Samples: Broker/Dealer Agency Selling Agreement (Separate Account One of Northern Life Insurance Co)
COLLECTION OF PURCHASE PAYMENTS. Broker-/Dealer agrees and Agency agree that all money or other consideration tendered with or in respect of any application for a Variable Contract and the Variable Contract when issued is the property of Insurer and shall be promptly remitted in full to Insurer without deduction or offset for any reason, including by way of example but not limitation, any deduction or offset for compensation claimed by Broker-Dealer/Dealer or Agency.
Appears in 1 contract
COLLECTION OF PURCHASE PAYMENTS. Broker-/Dealer agrees that all money or other consideration tendered with or in respect of any application for a Variable Contract and the Variable Contract when issued is the property of Insurer and shall be promptly remitted in full to Insurer without deduction or offset for any reason, including by way of example but not limitation, any deduction or offset for compensation claimed by Broker-Dealer./Dealer or Agency. May 1, 2002
Appears in 1 contract
Samples: Selling Agreement (Reliastar Select Life Variable Account)
