Common use of Existing Business Clause in Contracts

Existing Business. Subject to any mandatory legal or regulatory requirements to the contrary, the Company shall not decrease commission on any policies in force in respect of which commission is currently paid to the Broker.

Appears in 3 contracts

Samples: Insurance Broker's Agreement, Insurance Broker's Agreement, Insurance Broker's Agreement

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Existing Business. Subject to any mandatory legal or regulatory requirements to the contrary, the Company shall not decrease commission on any policies in force at the date of this Agreement in respect of which commission is currently paid to the BrokerBroker provided that the Company may decrease commission on life saver policies currently in force.

Appears in 1 contract

Samples: Insurance Broker's Agreement

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