Legal Status. The Agreement shall terminate immediately upon the termination of the legal existence of Selling Broker-Dealer or the Agency, or the merger, consolidation, reorganization, dissolution, receivership or bankruptcy of either, or whenever the Agency is no longer licensed under law to solicit and procure applications for Contracts, unless the Agency notifies the other parties in writing at least thirty (30) days’ prior to the occurrence of any of the above events and obtains written permission to continue on a basis approved by the other parties.
Appears in 7 contracts
Samples: Sales Agreement (Brighthouse Separate Account A), Sales Agreement (Brighthouse Separate Account A), Sales Agreement (BRIGHTHOUSE LIFE INSURANCE Co OF NY)
Legal Status. The Agreement shall terminate immediately upon the termination of the legal existence of Selling Broker-Dealer or the Agency, or the merger, consolidation, reorganization, dissolution, receivership or bankruptcy of either, or whenever the Agency is no longer licensed under law to solicit and procure applications for Contracts, unless the Agency notifies the other parties in writing at least thirty (30) days’ ' prior to the occurrence of any of the above events and obtains written permission to continue on a basis approved by the other parties.
Appears in 6 contracts
Samples: Sales Agreement (Metropolitan Life Separate Account Ul), Selling Agreement (Paragon Separate Account A), Sales Agreement (New England Variable Life Separate Account)
Legal Status. The Agreement shall terminate immediately upon the ------------- termination of the legal existence of Selling Broker-Dealer or the Agency, or the merger, consolidation, reorganization, dissolution, receivership or bankruptcy of either, or whenever the Agency is no longer licensed under law to solicit and procure applications for Contracts, unless the Agency notifies the other parties in writing at least thirty (30) days’ ' prior to the occurrence of any of the above events and obtains written permission to continue on a basis approved by the other parties.
Appears in 6 contracts
Samples: Sales Agreement (Brighthouse Variable Annuity Account B), Sales Agreement (New England Variable Annuity Separate Account), Sales Agreement (Metlife Investors Usa Separate Account A)
Legal Status. The Agreement shall terminate immediately upon the termination of the legal existence of Selling Broker-Dealer Broker or the Agency, or the merger, consolidation, reorganization, dissolution, receivership or bankruptcy of either, or whenever the Broker or Agency is no longer licensed under law to solicit and procure applications for Contracts, unless the Agency notifies the other parties in writing at least thirty (30) days’ ' prior to the occurrence of any of the above events and obtains written permission to continue on a basis approved by the other parties.
Appears in 4 contracts
Samples: Selling Agreement (Paragon Separate Account A), Sales Agreement (Metropolitan Life Separate Account Ul), Sales Agreement (Metlife Investors Variable Life Account One)
Legal Status. The Agreement shall terminate immediately upon the ------------ termination of the legal existence of Selling Broker-Dealer or the Agency, or the merger, consolidation, reorganization, dissolution, receivership or bankruptcy of either, or whenever the Agency is no longer licensed under law to solicit and procure applications for Contracts, unless the Agency notifies the other parties in writing at least thirty (30) days’ ' prior to the occurrence of any of the above events and obtains written permission to continue on a basis approved by the other parties.. Enterprise Selling Agreement 02-10
Appears in 3 contracts
Samples: Sales Agreement (Metlife Investors Usa Separate Account A), Sales Agreement (First Metlife Investors Variable Annuity Account One), Sales Agreement (Metlife Investors Variable Annuity Account One)
Legal Status. The Agreement shall terminate immediately upon ------------ the termination of the legal existence of Selling Broker-Dealer Broker or the Agency, or the merger, consolidation, reorganization, dissolution, receivership or bankruptcy of either, or whenever the Broker or Agency is no longer licensed under law to solicit and procure applications for Contracts, unless the Agency notifies the other parties in writing at least thirty (30) days’ ' prior to the occurrence of any of the above events and obtains written permission to continue on a basis approved by the other parties.
Appears in 2 contracts
Samples: Sales Agreement (Metlife Investors Variable Life Account One), Sales Agreement (Metlife Investors Variable Life Account One)
Legal Status. The Agreement shall terminate immediately upon the _____________ termination of the legal existence of Selling Broker-Dealer or the Agency, or the merger, consolidation, reorganization, dissolution, receivership or bankruptcy of either, or whenever the Agency is no longer licensed under law to solicit and procure applications for Contracts, unless the Agency notifies the other parties in writing at least thirty (30) days’ ' prior to the occurrence of any of the above events and obtains written permission to continue on a basis approved by the other parties.
Appears in 1 contract
Samples: Sales Agreement (MetLife Insurance CO of Connecticut)
Legal Status. The Agreement shall terminate immediately upon the ------------ termination of the legal existence of Selling Broker-Dealer or the Agency, or the merger, consolidation, reorganization, dissolution, receivership or bankruptcy of either, or whenever the Agency is no longer licensed under law to solicit and procure applications for Contracts, unless the Agency notifies the other parties in writing at least thirty (30) days’ ' prior to the occurrence of any of the above events and obtains written permission to continue on a basis approved by the other parties.
Appears in 1 contract
Samples: Sales Agreement (Metlife Investors Variable Life Account One)
Legal Status. The Agreement shall terminate immediately upon ------------- the termination of the legal existence of Selling Broker-Dealer or the Agency, or the merger, consolidation, reorganization, dissolution, receivership or bankruptcy of either, or whenever the Agency is no longer licensed under law to solicit and procure applications for Contracts, unless the Agency notifies the other parties in writing at least thirty (30) days’ ' prior to the occurrence of any of the above events and obtains written permission to continue on a basis approved by the other parties.
Appears in 1 contract
Samples: Sales Agreement (New England Variable Life Separate Account)
