Common use of Distributor Clause in Contracts

Distributor. The Distributor represents and warrants that: (a) it is a limited partnership duly organized and in good standing under New York law, and (b) it is registered as a broker-dealer under federal and applicable state securities laws and is a member of the NASD.

Appears in 14 contracts

Sources: Participation Agreement (Symetra Separate Account Sl), Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Fund Participation and Service Agreement (Symetra SEPARATE ACCOUNT C)

Distributor. The Distributor represents and warrants that: (a) it is a limited partnership duly organized and in good standing under New York law, and (b) it is registered as a broker-dealer under federal and applicable state securities laws and is a member of the NASD. The Distributor will notify the Company promptly if for any reason it is unable to perform its obligations under this Agreement.

Appears in 2 contracts

Sources: Participation Agreement (Riversource Variable Life Separate Account), Participation Agreement (Riversource of New York Account 8)