Common use of Commissions Clause in Contracts

Commissions. TALIC shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC and (b) all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC and TCI determine. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 11 contracts

Samples: Principal Underwriting Agreement (Merrill Lynch Life Variable Annuity Separate Account D), Principal Underwriting Agreement (Merrill Lynch Life Variable Annuity Separate Account D), Principal Underwriting Agreement (Merrill Lynch Life Variable Annuity Separate Account A)

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Commissions. TALIC TLIC shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC TLIC and (b) all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC TLIC and TCI determine. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 9 contracts

Samples: Principal Underwriting Agreement (Separate Account Va-2l), Principal Underwriting Agreement (Separate Account Va Y), Principal Underwriting Agreement (Separate Account Va B)

Commissions. TALIC WRL shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC WRL and (b) all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC WRL and TCI determine. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 8 contracts

Samples: Principal Underwriting Agreement (Separate Account Va U), Principal Underwriting Agreement (WRL Series Annuity Account), Principal Underwriting Agreement (WRL Series Annuity Account)

Commissions. TALIC TALICNY shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC TALICNY and (b) all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC TALICNY and TCI determine. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 6 contracts

Samples: Principal Underwriting Agreement (TRANSAMERICA ADVISORS LIFE INSURANCE Co OF NEW YORK), Principal Underwriting Agreement (Ml of New York Variable Annuity Separate Account D), Principal Underwriting Agreement (Ml of New York Variable Annuity Separate Account A)

Commissions. TALIC TLIC shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC and (b) TLIC. TCI shall have the responsibility for paying all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC and TCI determinedetermines. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 5 contracts

Samples: Principal Underwriting Agreement (Transamerica Life Insurance Co), Principal Underwriting Agreement (Separate Account Vul 3), Principal Underwriting Agreement (Transamerica Corporate Separate Account Sixteen)

Commissions. TALIC TFLIC shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC and (b) TFLIC. TCI shall have the responsibility for paying all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC and TCI determine. determines Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 4 contracts

Samples: Principal Underwriting Agreement (Transamerica Financial Life Insurance Co), Principal Underwriting Agreement (Tflic Series Life Account), Principal Underwriting Agreement (TFLIC Separate Account VNY)

Commissions. TALIC TFLIC shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC TFLIC and (b) all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC TFLIC and TCI determine. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 3 contracts

Samples: Principal Underwriting Agreement (Separate Account VA PP), Principal Underwriting Agreement (Separate Account VA PP), Principal Underwriting Agreement (TFLIC Pooled Account No. 44)

Commissions. TALIC TALICNY shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements agreement entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC and (b) TALICNY. TCI shall have the responsibility for paying all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC and TCI determinedetermines. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 3 contracts

Samples: Principal Underwriting Agreement, Principal Underwriting Agreement (Ml of New York Variable Annuity Separate Account A), Principal Underwriting Agreement (Ml of New York Variable Annuity Separate Account D)

Commissions. TALIC MLLIC shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC MLLIC and (b) all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC MLLIC and TCI determine. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 2 contracts

Samples: Principal Underwriting Agreement (Merrill Lynch Life Insurance Co), Principal Underwriting Agreement (Merrill Lynch Life Variable Annuity Separate Account A)

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Commissions. TALIC shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC and (b) TALIC. TCI shall have the responsibility for paying all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC and TCI determinedetermines. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 1 contract

Samples: Principal Underwriting Agreement (Merrill Lynch Life Variable Annuity Separate Account D)

Commissions. TALIC WRL shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI and such broker-dealers as agreed to by TALIC and (b) WRL. TCI shall have the responsibility for paying all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC and TCI determinedetermines. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 1 contract

Samples: Principal Underwriting Agreement (Separate Account Va U)

Commissions. TALIC shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 5 above, between TCI and such broker-dealers as agreed to by TALIC and (b) TALIC. TCI shall have the responsibility for paying all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts Securities in the amounts and on such terms and conditions as TALIC and TCI determinedetermines. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein. No other broker-dealer shall have any interest in any commissions for the sale of the Securities unless and until TCI shall have received payment of commissions for those sales from TALIC.

Appears in 1 contract

Samples: Principal Underwriting Agreement (TRANSAMERICA ADVISORS LIFE INSURANCE Co)

Commissions. TALIC shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent selling broker-dealers and their associated persons due under the terms of any its sales agreements entered into pursuant to paragraph 6 5 above, between TALIC, TCI and such broker-dealers as agreed to by TALIC and (b) all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts Securities in the amounts and on such terms and conditions as TALIC and TCI determine. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein. No other broker-dealer shall have any interest in any commissions for the sale of the Securities unless and until TCI shall have received payment of commissions for those sales from TALIC.

Appears in 1 contract

Samples: Principal Underwriting Agreement (TRANSAMERICA ADVISORS LIFE INSURANCE Co)

Commissions. TALIC WRL shall have the responsibility for paying on behalf of TCI (a) any compensation to other independent broker-dealers and their associated persons due under the terms of any sales agreements entered into pursuant to paragraph 6 above, between TCI Tel and such broker-dealers as agreed to by TALIC WRL and (b) all commissions or other fees to associated persons of TCI which are due for the sale of the Contracts in the amounts and on such terms and conditions as TALIC WRL and TCI determine. Notwithstanding the preceding sentence, no broker-dealer, associated person or other individual or entity shall have an interest in any deductions or other fees payable to TCI as set forth herein.

Appears in 1 contract

Samples: Principal Underwriting Agreement (WRL Series Life Account)

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