Common use of Limitations of Authority Clause in Contracts

Limitations of Authority. Marketing Organization's authority shall extend no further than as is stated in this Agreement. Marketing Organization shall not (1) make, alter, modify, waive or change any question, statement or answer on any application for insurance, the terms of any receipt given thereon, or the terms of any policy or contract; (2) extend or waive any provision of any policy or contract or the time for payment of premiums; (3) guarantee dividends; (4) deliver any policy unless the applicant is at the time in good health and insurable condition; (5) incur any debts or liability for or against SBL; or (6) receive any money for SBL except as herein stated. 9482 (R7-97) 00-00000-00

Limitations of Authority. Marketing Organization's authority shall extend no further than as is stated in this Agreement. Marketing Organization shall not (1) make, alter, modify, waive or change any question, statement or answer on any application for insurance, the terms of any receipt given thereon, or the terms of any policy or contract; (2) extend or waive any provision of any policy or contract or the time for payment of premiums; (3) guarantee dividends; (4) deliver any policy unless the applicant is at the time in good health and insurable condition; (5) incur any debts or liability for or against SBL; or (6) receive any money for SBL except as herein stated. 9482 (R7-97) 00-00000-00.

Limitations of Authority. Marketing Organization's authority shall extend no further than as is stated in this Agreement. Marketing Organization shall not (1) make, alter, modify, waive or change any question, statement or answer on any application for insurance, the terms of any receipt given thereon, or the terms of any policy or contract; (2) extend or waive any provision of any policy or contract or the time for payment of premiums; (3) guarantee dividends; (4) deliver any policy unless the applicant is at the time in good health and insurable condition; (5) incur any debts or liability for or against SBLSDI; or (6) receive any money for SBL SDI except as herein stated. 9482 (R7-97) 00-00000-00.

Limitations of Authority. Marketing Organization's authority shall extend no further than as is stated in this Agreement. Marketing Organization shall not (1) make, alter, modify, waive or change any question, statement or answer on any application for insuranceany Product, the terms of any receipt given thereon, or the terms of any policy or contractProduct; (2) extend or waive any provision of any policy or contract Product or the time for payment of premiumspremiums or other payments; (3) guarantee dividends; (4) deliver any policy for the Fixed or Variable Products unless the applicant is at the time in good health and insurable condition; (5) incur any debts or liability for or against SBLSBL or SDI; or (6) receive any money for SBL or SBL except as herein stated. 9482 (R7-97) 00-00000-00.