Common use of General Agent Qualifications Clause in Contracts

General Agent Qualifications. The General Agent warrants and represents that it is a life insurance agent licensed in each state and other jurisdiction in which it intends to perform its functions and fulfill its obligations hereunder. The General Agent shall, at all times when performing its obligations under this Agreement, be duly licensed to sell Products and service Contracts in each state or other jurisdiction in which it is soliciting Applications and/or servicing Contracts. The General Agent shall use its best efforts to become a licensed life insurance agent in all fifty states, the District of Columbia, the Virgin Islands and Puerto Rico and to continue to be so licensed throughout the term of this Agreement.

Appears in 5 contracts

Samples: General Agent Sales Agreement (Mony Life Insurance Co of America), General Agent Sales Agreement (Separate Account a of Equitable Life Assu Soc of the Us), General Agent Sales Agreement (Mony Variable Account L)

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