Common use of Issuance and Administration of Contracts Clause in Contracts

Issuance and Administration of Contracts. Insurer shall be responsible for issuing the Contracts and administering the Contracts and the Separate Accounts, provided, however, that Distributor shall have full responsibility for the securities activities of all persons employed by Insurer, who are engaged directly or indirectly in the Contract operations and are identified as associated persons of Distributor, and shall have full responsibility for the training, supervision and control of such persons to the extent of such activities.

Appears in 15 contracts

Samples: Distribution Agreement (Variable Annuity 1 Series Account), Distribution Agreement (Coli Vul 2 Series Account), Distribution Agreement (Variable Annuity I Ser Acc of GRT West Li & Annu Ins Co of Ny)

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Issuance and Administration of Contracts. Insurer shall be responsible for issuing the Contracts and administering the Contracts and the Separate AccountsVariable Account, provided, however, that Distributor shall have full responsibility for the securities activities of all persons employed by the Insurer, who are engaged directly or indirectly in the Contract operations and are identified as associated persons of Distributoroperations, and shall have full responsibility for the training, supervision and control of such persons to the extent of such activities.

Appears in 10 contracts

Samples: Distribution Agreement (ALAC Separate Account 1), Underwriting Agreement (Equitrust Life Variable Account), Underwriting Agreement (Equitrust Life Annuity Account Ii)

Issuance and Administration of Contracts. Insurer shall be responsible for issuing the Contracts and administering the Contracts and the Separate Accounts, Account; provided, however, that Distributor shall have full responsibility for the securities activities of all any persons employed by the Insurer, who are engaged directly or indirectly in the Contract operations and are identified as associated persons of Distributoroperations, and shall have full responsibility for the training, supervision and control of such persons to the extent of such activitiesactivities also require such person to be a Distributor Representative.

Appears in 5 contracts

Samples: Distribution Agreement (Midland National Life Separate Account C), Distribution Agreement (Midland National Life Insurance Co), Distribution Agreement (Midland National Life Insurance Co)

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Issuance and Administration of Contracts. Insurer shall be responsible for issuing the Contracts and administering the Contracts and the Separate AccountsVariable Account, including all Contract Owner communications, in accordance with applicable law, provided, however, that Distributor shall have full responsibility for the securities activities of all persons employed by Insurer, the Insurer who are engaged directly or indirectly in the Contract operations and are identified as associated persons of Distributoroperations, and shall have full responsibility for the training, supervision and control of such persons to the extent of such activities.

Appears in 2 contracts

Samples: Distribution Agreement (National Variable Annuity Account Ii), Distribution Agreement (LSW Variable Annuity Account I)

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