Controlled Business Sample Clauses

Controlled Business. (a) No individual (including a subagent) may receive directly, or indirectly through a Company or its affiliates, any compensation (including, but not limited to, any commission, profit sharing, bonus, or any other direct or indirect benefit) for the sale and service of an eligible crop insurance contract if:
Sample 1Sample 2Sample 3See All (16)
AutoNDA by SimpleDocs
Controlled Business a. No individual (including a subagent) may receive directly, or indirectly through a Company or its affiliates, any compensation (including any commission, profit sharing, bonus, or any other direct or indirect benefit) for the sale or service of an eligible livestock price insurance contract if:
Sample 1Sample 2
Controlled Business. Insurance policies or investment products sold by an RR/Agent for RR/Agent's own account, or to RR/Agent's spouse, parents, children, employee(s), or to another USPA&IRA RR/Agent, or to the spouse, parents, children, or employee(s) of said RR/Agent, shall be identified as "controlled business" on the Cover Memo provided to USPA&IRA by the RR/Agent and shall be subject to the following special rules:
Sample 1

Related to Controlled Business

  • Outside Businesses Subject to the provisions of Section 6.3, any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the activities of the Trust, and the Trust and the Holders of Securities shall have no rights by virtue of this Trust Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the activities of the Trust, shall not be deemed wrongful or improper. No Covered Person, the Sponsor, the Delaware Trustee or the Property Trustee shall be obligated to present any particular investment or other opportunity to the Trust even if such opportunity is of a character that, if presented to the Trust, could be taken by the Trust, and any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee shall have the right to take for its own account (individually or as a partner or fiduciary) or to recommend to others any such particular investment or other opportunity. Any Covered Person, the Delaware Trustee and the Property Trustee may engage or be interested in any financial or other transaction with the Sponsor or any Affiliate of the Sponsor, or may act as depositary for, trustee or agent for, or act on any committee or body of holders of, securities or other obligations of the Sponsor or its Affiliates.

Time is Money Join Law Insider Premium to draft better contracts faster.