Common use of Licensing and Appointment Clause in Contracts

Licensing and Appointment. The Insurance Companies have each respectively appointed Underwriter to serve as the distributor and principal underwriter of the variable life or variable annuity Insurance Policies. The Underwriter is registered with the SEC, the National Association of Securities Dealers, Inc. ("NASD") and all appropriate state securities regulatory authorities as a broker/dealer. The Underwriter hereby appoints the Broker/Dealer to distribute the variable Insurance Policies listed on the Schedule Pages through its validly insurance licensed representatives ("Registered Representatives").

Appears in 4 contracts

Samples: Selling Agreement (Travelers Separate Account Five for Variable Annuities), Selling Agreement (Travelers Separate Account Tm for Variable Annuities), Selling Agreement (Travelers Separate Account Eight for Variable Annuities)

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Licensing and Appointment. The Insurance Companies have each respectively appointed Underwriter to serve as the distributor and principal underwriter of the variable life or variable annuity Insurance Policies. The Underwriter is registered with the SEC, the National Association of Securities Dealers, Inc. ("NASD") and all appropriate state securities regulatory authorities as a broker/dealer. The Underwriter hereby appoints the Broker/Dealer to distribute the variable Insurance Policies listed on the Schedule Pages through its validly insurance licensed registered representatives ("Registered Representatives").

Appears in 2 contracts

Samples: Selling Agreement (Travelers Fund Ul Iii for Variable Life Insurance), Selling Agreement (Travelers Fund Ul Iii for Variable Life Insurance)

Licensing and Appointment. The Insurance Companies have each respectively appointed Underwriter to serve as the distributor and principal underwriter of the variable life or variable annuity Insurance Policies. The Underwriter is registered with the SEC, the National Association of Securities Dealers, Inc. ("NASD") and all appropriate state securities regulatory authorities as a brokerBroker/dealerDealer. The Underwriter hereby appoints the and Broker/Dealer to distribute the variable Insurance Policies listed on the Schedule Pages desire that Broker/Dealer through its validly insurance licensed registered representatives ("Registered Representatives")) be authorized to sell the Insurance Policies.

Appears in 2 contracts

Samples: Selling Agreement (Travelers Fund Abd for Variable Annuities), Selling Agreement (Travelers Fund Abd Ii for Variable Annuities)

Licensing and Appointment. The Insurance Companies have each respectively Company has appointed Underwriter to serve as the distributor and principal underwriter of the variable life or variable annuity Insurance Policies. The Underwriter is registered with the SEC, the National Association of Securities Dealers, Inc. ("NASD") and all appropriate state securities regulatory authorities as a broker/dealer. The Underwriter hereby appoints the Broker/Dealer to distribute the variable Insurance Policies listed on the Schedule Pages through its validly insurance licensed representatives ("Registered Representatives").

Appears in 1 contract

Samples: Selling Agreement (FSL Separate Account M)

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Licensing and Appointment. The Insurance Companies have each respectively Company has appointed Underwriter to serve as the distributor and principal underwriter of the variable life or variable annuity Insurance Policies. The Underwriter is registered with the SEC, the National Association of Securities Dealers, Inc. ("NASD") and all appropriate state securities regulatory authorities as a broker/dealer. The Underwriter hereby appoints the Broker/Dealer to distribute the variable Insurance Policies listed on the Schedule Pages through its validly insurance licensed representatives ("Registered Representatives").

Appears in 1 contract

Samples: Affiliation Agreement (FSL Separate Account M)

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