Common use of Distributor Representatives Clause in Contracts

Distributor Representatives. No Distributor Representative shall solicit the sale of a Contract, or discuss the contracts with Selling Broker-Dealers, their Representatives, or their clients and prospects, unless at the time of such solicitation such individual is duly registered with FINRA and duly licensed with all applicable state insurance and securities regulatory authorities, and is duly appointed as an insurance agent of Insurer.

Appears in 5 contracts

Samples: Distribution Agreement (Midland National Life Separate Account C), Distribution Agreement (Midland National Life Insurance Co), Distribution Agreement (Midland National Life Insurance Co)

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Distributor Representatives. No Distributor Representative shall solicit the sale of a Contract, or discuss the contracts with Selling Broker-Dealers, their Representatives, or their clients and prospects, Contract unless at the time of such solicitation such individual is duly registered with FINRA the NASD and duly licensed with all applicable state insurance and securities regulatory authorities, and is duly appointed as an insurance agent of Insurer.

Appears in 5 contracts

Samples: Distribution Agreement (ALAC Separate Account 1), Distribution Agreement (Il Annuity & Insurance Co Separate Account 1), Distribution Agreement (National Variable Annuity Account Ii)

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Distributor Representatives. No Distributor Representative shall solicit encourage the sale of a Contract, or discuss the contracts with Selling Broker-Dealers, their Representatives, or their clients and prospects, Contract unless at the time of such solicitation such individual is duly registered with FINRA and duly licensed with all any applicable state insurance and securities regulatory authorities, and is duly appointed as an insurance agent of Insurer.

Appears in 1 contract

Samples: Distribution Agreement (Eagle Life Insurance Co)

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