Common use of Distributor Representatives Clause in Contracts

Distributor Representatives. No Distributor Representative shall solicit the sale of a Policy unless at the time of such solicitation such individual is duly registered with 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 3 contracts

Samples: Distribution Agreement (National Variable Life Insurance Account), Distribution Agreement (National Variable Life Insurance Account), Distribution Agreement (LSW Variable Life Insurance Account)

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Distributor Representatives. No Distributor Representative shall solicit the sale of a Policy Contract unless at the time of such solicitation such individual is duly registered and in good standing with the NASD and duly licensed with all applicable state insurance and securities regulatory authorities, and is also duly appointed as an insurance agent of Insurer.

Appears in 1 contract

Samples: Distribution Agreement (Sage Variable Annuity Account A)

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Distributor Representatives. No Distributor Representative shall solicit the sale of a Policy Contract unless at the time of such solicitation such individual is duly registered with the NASD and duly licensed with all applicable state insurance and securities regulatory authorities, and is duly appointed as an insurance agent of Insurer. In addition, Distributor will not employ, or permit to be associated with it, in any material connection with the Contracts or the handling of Contract assets, any person who, to the knowledge of Distributor, is subject to statutory disqualification as set forth in Section 3(a)(39) of the 1000 Xxx.

Appears in 1 contract

Samples: Distribution Agreement (Kansas City Life Variable Life Separate Account)

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