Insurance Licensing. Broker/Dealer and Selling Entities represent that at all times when performing their functions under this agreement, each of them shall be validly licensed as an insurance agency in the states and other jurisdictions that require such licensing or registration in connection with sales or solicitation of the Insurance Policies. Broker/Dealer represents that the Selling Entities are properly authorized as required under applicable state law to receive insurance commissions generated from sales of the Insurance Policies.
Appears in 3 contracts
Samples: Selling Agreement (Travelers Separate Account Seven for Variable Annuities), Selling Agreement (Travelers Separate Account Eight for Variable Annuities), Selling Agreement (FSL Separate Account M)
Insurance Licensing. Broker/Dealer and Selling Entities represent that at all times when performing their functions under this agreement, each of them shall be validly licensed as an insurance agency in the states and other jurisdictions that require such licensing or registration in connection with sales or solicitation of the Insurance Policies. Broker/Dealer represents that the Selling Entities are properly authorized as required under applicable state law to receive insurance commissions generated from sales of the Insurance Policies.an
Appears in 2 contracts
Samples: Selling Agreement (Travelers Separate Account Five for Variable Annuities), Selling Agreement (Travelers Separate Account Tm for Variable Annuities)
