Considerations. All premiums, purchase payments or other moneys payable under the Contracts shall be remitted promptly in full together with such application, forms and any other required documentation to TLIC or its designated servicing agent and shall become the exclusive property of TLIC. Checks or money orders in payment under the Contracts shall be drawn to the order of “Transamerica Life Insurance Company” and funds may be remitted by wire if prior written approval is obtained from TLIC.
Appears in 14 contracts
Samples: Principal Underwriting Agreement (Transamerica Life Insurance Co), Principal Underwriting Agreement (Separate Account Vul 3), Principal Underwriting Agreement (Transamerica Corporate Separate Account Sixteen)
Considerations. All premiums, purchase payments or other moneys payable under the Contracts shall be remitted promptly in full together with such application, forms and any other required documentation to TLIC TFLIC or its designated servicing agent and shall become the exclusive property of TLICTFLIC. Checks or money orders in payment under the Contracts shall be drawn to the order of “Transamerica Financial Life Insurance Company” and funds may be remitted by wire if prior written approval is obtained from TLICTFLIC.
Appears in 1 contract
Samples: Principal Underwriting Agreement (Separate Account VA WNY)
