GUIDELINES AND COMMISSIONS Sample Clauses

GUIDELINES AND COMMISSIONS. ON INTERNAL EXCHANGES (a) AGL INTEREST-SENSITIVE PRODUCTS TO AGL VARIABLE UNIVERSAL LIFE PRODUCTS AGL Interest-Sensitive products may be exchanged for AGL Variable Universal Life products under the following guidelines: (1) No exchanges are allowed during the first 5 Policy years of the AGL Interest-Sensitive product proposed for exchange; (2) Surrender charges will be waived for exchanges to a new Platinum Investor Survivor policy as long as the new policy's surrender charges are equal to or greater than the existing policy's surrender charges; (3) No commission will be earned on the initial exchange of any AGL Interest-Sensitive policy for an AGL VUL policy; however, the cash value may be applied against first year premiums up to the Target Premium on a no commission basis; and (4) All subsequent premiums will receive commissions calculated as described in Sections 1, 4, 5, and 6 of this Schedule B. (b) AGL TRADITIONAL PRODUCTS TO AGL VARIABLE UNIVERSAL LIFE PRODUCTS No exchanges are allowed between Traditional products and Variable Universal Life products unless specifically stated in the traditional product policy form. (c) AGL TERM INSURANCE PRODUCTS TO AGL VARIABLE UNIVERSAL LIFE PRODUCTS AGL Term Insurance products may be exchanged for AGL Variable Universal Life products under the following guidelines: (1) If the current AGL Term Insurance policy contains a conversion option, the policy may be exchanged for a Platinum Investor Survivor policy without evidence of insurability; (2) If the current Term Insurance policy is exchanged for a Platinum Investor Survivor policy, the policy owner will receive a conversion credit on the base policy only by multiplying the premium paid in year 1, up to the Target Premium, by .333. No commission is earned on the conversion;
Sample 1
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GUIDELINES AND COMMISSIONS. ON INTERNAL EXCHANGES USL maintains published rules that describe the guidelines and commissions on internal exchanges. A copy of these rules may be obtained directly from USL. SCHEDULE B-1 - GENERATIONS VARIABLE ANNUITY CONTROL DATE - MAY 1, 2000 THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK AND THE ASSOCIATED AGENCY This Schedule B is attached to and made a part of the Selling Group Agreement ("Agreement") to which it is attached. It is subject to the terms and conditions of the Agreement. In no event shall USL be liable for the payment of any commission with respect to any solicitation made, in whole or in part, by any person not appropriately licensed and appointed prior to the commencement of such solicitation.
Sample 1

Related to GUIDELINES AND COMMISSIONS

  • Guidelines The Office of State Procurement adheres to all guidelines set forth by the State and Federal Government concerning The Americans with Disabilities Act (ADA) as well as all mandated fire codes.

  • Fees and Commissions The fees and commissions that apply to your account are set out in the information box and disclosure statement. You agree to pay the fees and commissions and authorize us to charge them to your account. We reserve the right to change the circumstances in which any of the fees or commissions on your account is charged and the amount of those fees or commissions. You agree that we may impose additional fees and commissions at any time. We will provide notice of any changes or additional fees and commissions if required by applicable law and in accordance with the “Changes” section of this agreement.

  • Policies, Guidelines, Directives and Standards Either the Funder or the Ministry will give the HSP Notice of any amendments to the manuals, guidelines or policies identified in Schedule C. An amendment will be effective in accordance with the terms of the amendment. By signing a copy of this Agreement the HSP acknowledges that it has a copy of the documents identified in Schedule C.

  • Brokers' Fees and Commissions Neither the Purchaser nor any of its officers, partners, employees or agents has employed any investment banker, broker, or finder in connection with the transactions contemplated by the Primary Documents.

  • Cooperation with supervisory authorities 1. The data exporter agrees to deposit a copy of this contract with the supervisory authority if it so requests or if such deposit is required under the applicable data protection law. 2. The parties agree that the supervisory authority has the right to conduct an audit of the data importer, and of any subprocessor, which has the same scope and is subject to the same conditions as would apply to an audit of the data exporter under the applicable data protection law. 3. The data importer shall promptly inform the data exporter about the existence of legislation applicable to it or any subprocessor preventing the conduct of an audit of the data importer, or any subprocessor, pursuant to paragraph 2. In such a case the data exporter shall be entitled to take the measures foreseen in Clause 5 (b).

  • Brokerage Fees and Commissions The Seller has not incurred any obligation or entered into any agreement for any investment banking, brokerage, or finder's fee or commission in respect of the transactions contemplated by this Agreement for which Buyer or the Company will incur any liability.

  • Actions Before Governmental Authorities There are no actions, suits or proceedings at law or in equity or by or before any governmental authority now pending or, to the knowledge of Borrower, threatened against or affecting Borrower or its property, that is reasonably expected to result in a Material Adverse Effect.

  • Codes of Conduct Recipient warrants the following:

  • Standards of Conduct Whenever the Member is required or permitted to make a decision, take or approve an action, or omit to do any of the foregoing, then the Member shall be entitled to consider only such interests and factors, including its own, as it desires, and shall have no duty or obligation to consider any other interests or factors whatsoever. To the extent that the Member has, at law or in equity, duties (including, without limitation, fiduciary duties) to the Company or other person bound by the terms of this Agreement, the Member acting in accordance with the Agreement shall not be liable to the Company or any such other person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties of the Member otherwise existing at law or in equity, replace such other duties to the greatest extent permitted under applicable law.

  • Guidelines Explanation The Board President will accept applications. The Board will discuss, at an open meeting, its process to review the applications and who will contact applicants for an interview. Who accepts vacancy applications is at the Board's sole discretion. According to 2:110, Qualifications, Term, and Duties of Board Officers, the Board President is a logical officer to accept the applications, but this task may be delegated to the Secretary or Superintendent's secretary if the Board determines that it is more convenient. Who accepts the applications must be decided prior to posting the vacancy announcement.

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