Common use of EXPIRATION INFORMATION Clause in Contracts

EXPIRATION INFORMATION. 5.1. Broker owns all rights in Expiration Information, subject to the provisions of this section. Without Broker’s prior written consent, Aspire agrees that Aspire will not: 5.1.1. Use any Expiration Information for the purpose ofsoliciting any Policy, Renewal, or other insurance product, except in accordance with Section 5; or 5.1.2. Disclose Expiration Information to any third party, except for the purposes set forth in this Section 5. Notwithstandingtheforegoing,Aspiremay: 5.1.2.1. Contact, or use any third party to contact, any person insured by Aspire, formerly insured by Aspire, or who has applied to be insured by Aspire, to: (i) provide customer service to any such person; (ii) process a broker of record change requested by any or Renewal or application for the same; (iii) request, receive or verify any information related to any such person with respect to his or her Policy or Renewal or application for the same: (iv) notify any such person of, and collect premiums due on, any Policy or Renewal; (v) change the terms of any Policy or Renewal; (vi) provide information regarding insurance-related issues; or (vii) refer to another independent insurance producer any such person who is insured by Aspire and who moves to a jurisdiction where Broker is not licensed or permitted to submit applications for Aspire insurance products; and 5.1.2.2. Access, use and disclose information regarding Policies and Renewals, including Expiration Information, only for the purposes set forth in Section this 5, Section 502(e) of the Xxxxx-Xxxxx-Xxxxxx Act, and for market research, product development, regulatory compliance, ordetermining compliance with this Agreement.

EXPIRATION INFORMATION. 5.1. Broker owns all rights in Expiration Information, subject to the provisions of this section. Without Broker’s prior written consent, Aspire agrees that Aspire will not: 5.1.1. Use any Expiration Information for the purpose ofsoliciting of soliciting any Policy, Renewal, or other insurance product, except in accordance with Section 5; or 5.1.2. Disclose Expiration Information to any third party, except for the purposes set forth in this Section 5. Notwithstandingtheforegoing,AspiremayNotwithstanding the foregoing, Aspire may: 5.1.2.1. Contact, or use any third party to contact, any person insured by Aspire, formerly insured by Aspire, or who has applied to be insured by Aspire, to: (i) provide customer service to any such person; (ii) process a broker of record change requested by any or Renewal or application for the same; (iii) request, receive or verify any information related to any such person with respect to his or her Policy or Renewal or application for the same: (iv) notify any such person of, and collect premiums due on, any Policy or Renewal; (v) change the terms of any Policy or Renewal; (vi) provide information regarding insurance-related issues; or (vii) refer to another independent insurance producer any such person who is insured by Aspire and who moves to a jurisdiction where Broker is not licensed or permitted to submit applications for Aspire insurance products; and 5.1.2.2. Access, use and disclose information discloseinformation regarding Policies and Renewals, including Expiration Information, only for the purposes set forth in Section this 5, Section 502(e) of the Xxxxx-Xxxxx-Xxxxxx Act, and for market research, product development, regulatory compliance, ordetermining or determining compliance with this Agreement. 5.1.3. Aspire may, in Aspire’s discretion, offer to renew Policies and Renewals written hereunder. When required by applicable law, Aspire will offer to renew such Policies and Renewals. If Aspire makes such offers to renew, then, subject to Section 4 and 5, Aspire will continue to designate Broker as the broker of record and pay Broker commissions on each resulting Renewal in accordance with Aspire’s then-current commission schedules. 5.1.4. To secure the payment of Broker’s financial obligations to Aspire under this Agreement and the performance of Broker’s other obligations to Aspire hereunder, Broker hereby grants to Aspire a security interest in Broker’s Expiration Information, and Broker agrees to immediately execute such documents as Aspire may require toevidence, preserve or perfect this security interest. Broker hereby authorizes Aspire to file Uniform Commercial Code financing statements with respect to such security interest and naming Broker as debtor in such jurisdictions as Aspire may deem necessary or desirable. 5.1.5. Aspire may exercise the rights of a secured party under the Uniform Commercial Code with respect to Broker’s Expiration Information if: 5.1.5.1. Aspire terminates this Agreement pursuant to Section 7 due to Broker failure to timely pay all amounts due and owing to Aspire; 5.1.5.2. Aspire terminates this Agreement pursuant to Section 7 because Broker has abandoned, or been deemed to have abandoned, Broker’s business; or 5.1.5.3. After termination of this Agreement, Broker fails to remit or make available funds due and owing to Aspire when, as required by this Agreement, such funds are not remitted or made available to Aspire within ten (10) days after the date of Aspire’s written notice to remit such funds.

EXPIRATION INFORMATION. 5.1. Broker owns all rights in Expiration Information, subject to the provisions of this section. Without Broker’s prior written consent, Aspire agrees that Aspire will not: 5.1.1. Use any Expiration Information for the purpose ofsoliciting of soliciting any Policy, Renewal, or other insurance product, except in accordance with Section 5; or 5.1.2. Disclose Expiration Information to any third party, except for the purposes set forth in this Section 5. Notwithstandingtheforegoing,AspiremayNotwithstanding the foregoing, Aspire may: 5.1.2.1. Contact, or use any third party to contact, any person insured by Aspire, formerly insured by Aspire, or who has applied to be insured by Aspire, to: (i) provide customer service to any such person; (ii) process a broker of record change requested by any or Renewal or application for the same; (iii) request, receive or verify any information related to any such person with respect to his or her Policy or Renewal or application for the same: (iv) notify any such person of, and collect premiums due on, any Policy or Renewal; (v) change the terms of any Policy or Renewal; (vi) provide information regarding insurance-related issues; or (vii) refer to another independent insurance producer any such person who is insured by Aspire and who moves to a jurisdiction where Broker is not licensed or permitted to submit applications for Aspire insurance products; and 5.1.2.2. Access, use and disclose information regarding Policies and Renewals, including Expiration Information, only for the purposes set forth in Section this 5, Section 502(e) of the Xxxxx-Xxxxx-Xxxxxx Act, and for market research, product development, regulatory compliance, ordetermining or determining compliance with this Agreement.

EXPIRATION INFORMATION. 5.1. Broker owns all rights in Expiration Information, subject to the provisions of this section. Without Broker’s prior written consent, Aspire agrees that Aspire will not: 5.1.1. Use any Expiration Information for the purpose ofsoliciting of soliciting any Policy, Renewal, or other insurance product, except in accordance with Section 5; or 5.1.2. Disclose Expiration Information to any third party, except for the purposes set forth in this Section 5. Notwithstandingtheforegoing,Aspiremay: 5.1.2.1. Contact, or use any third party to contact, any person insured by Aspire, formerly insured by Aspire, or who has applied to be insured by Aspire, to: (i) provide customer service to any such person; (ii) process a broker of record change requested by any or Renewal or application for the same; (iii) request, receive or verify any information related to any such person with respect to his or her Policy or Renewal or application for the same: (iv) notify any such person of, and collect premiums due on, any Policy or Renewal; (v) change the terms of any Policy or Renewal; (vi) provide information regarding insurance-related issues; or (vii) refer to another independent insurance producer any such person who is insured by Aspire and who moves to a jurisdiction where Broker is not licensed or permitted to submit applications for Aspire insurance products; and 5.1.2.2. Access, use and disclose information regarding Policies and Renewals, including Expiration Information, only for the purposes set forth in Section this 5, Section 502(e) of the Xxxxx-Xxxxx-Xxxxxx Act, and for market research, product development, regulatory compliance, ordetermining or determining compliance with this withthis Agreement.

EXPIRATION INFORMATION. 5.1. Broker owns all rights in Expiration Information, subject to the provisions of this section. Without Broker’s prior written consent, Aspire agrees that Aspire will not: 5.1.1. Use any Expiration Information for the purpose ofsoliciting of soliciting any Policy, Renewal, or other insurance product, except in accordance with Section 5; or 5.1.2. Disclose Expiration Information to any third party, except for the purposes set forth in this Section 5. Notwithstandingtheforegoing,Aspiremay: 5.1.2.1. Contact, or use any third party to contact, any person insured by Aspire, formerly insured by Aspire, or who has applied to be insured by Aspire, to: (i) provide customer service to any such person; (ii) process a broker of record change requested by any or Renewal or application for the same; (iii) request, receive or verify any information related to any such person with respect to his or her Policy or Renewal or application for the same: (iv) notify any such person of, and collect premiums due on, any Policy or Renewal; (v) change the terms of any Policy or Renewal; (vi) provide information regarding insurance-related issues; or (vii) refer to another independent insurance producer any such person who is insured by Aspire and who moves to a jurisdiction where Broker is not licensed or permitted to submit applications for Aspire insurance products; and 5.1.2.2. Access, use and disclose information regarding Policies and Renewals, including Expiration Information, only for the purposes set forth in Section this 5, Section 502(e) of the Xxxxx-Xxxxx-Xxxxxx Act, and for market research, product development, regulatory compliance, ordetermining or determining compliance with this Agreement.