Common use of Insurance Licensing Clause in Contracts

Insurance Licensing. At all times while performing obligations under this Agreement and at its own expense, General Agent, and General Agent's Representatives, shall be validly licensed, including fees related to license issue, transfer and termination, as an insurance agency in the states and other local jurisdictions that require such licensing or registration in connection with General Agent's fixed and variable insurance sales activities, or shall maintain a validly licensed insurance agency subsidiary in those states in which General Agent cannot obtain a corporate agent's license.

Insurance Licensing. At all times while performing obligations under this Agreement and at its own expense, General Agent, and General Agent's ’s Representatives, shall be validly licensed, including fees related to license issue, transfer and termination, as an insurance agency in the states and other local jurisdictions that require such licensing or registration in connection with General Agent's ’s fixed and variable insurance sales activities, or shall maintain a validly licensed insurance agency subsidiary in those states states, if any, in which General Agent cannot obtain a corporate agent's ’s license.