Common use of No Authority to Modify, Etc Clause in Contracts

No Authority to Modify, Etc. Broker-Dealer acknowledges and --------------------------- agrees that neither Broker-Dealer nor any of the Registered Representatives shall have the authority, on behalf of USA or Insurance Company or otherwise, to (a) modify any of the terms of the Products, including, but not limited to, any forfeiture provisions thereof, or (b) extend the time of payment of any premiums with respect to a Product. Broker-Dealer acknowledges that neither Broker- Dealer nor any Registered Representative may receive any premiums or other funds from applicants for, or purchasers of the Products (except for the sole purpose of forwarding such funds to Insurance Company). If Broker-Dealer or a Registered Representative inadvertently receives any funds from applicants for, or purchasers of the Products they shall hold such funds in a fiduciary capacity on behalf of the Insurance Company and promptly submit them to Insurance Company.

No Authority to Modify, Etc. The Broker-Dealer acknowledges and --------------------------- agrees that neither the Broker-Dealer nor any of the Registered Representatives shall have the authority, on behalf of USA FUSI or the Insurance Company or otherwise, to (a) modify any of the terms of the Products, including, but not limited to, any forfeiture provisions thereof, or (b) extend the time of payment of any premiums with respect to a Product. The Broker-Dealer acknowledges that neither Broker- the Broker-Dealer nor any Registered Representative may receive any premiums or other funds from applicants for, or purchasers of the Products (except for the sole purpose of forwarding such funds to the Insurance Company). If the Broker-Dealer or a Registered Representative inadvertently receives any funds from applicants for, or purchasers of of, the Products they shall hold such funds in a fiduciary capacity on behalf of the Insurance Company and promptly submit them to the Insurance Company.

No Authority to Modify, Etc. Broker-Dealer acknowledges and --------------------------- agrees that neither Broker-Dealer nor any of the Registered Representatives shall have the authority, on behalf of USA FUS or Insurance Company or otherwise, to (a) modify any of the terms of the Products, including, but not limited to, any forfeiture provisions thereof, or (b) extend the time of payment of any premiums with respect to a Product. Broker-Dealer acknowledges that neither Broker- Dealer nor any Registered Representative may receive any premiums or other funds from applicants for, or purchasers of the Products (except for the sole purpose of forwarding such funds to Insurance Company). If Broker-Dealer or a Registered Representative inadvertently receives any funds from applicants for, or purchasers of the Products they shall hold such funds in a fiduciary capacity on behalf of the Insurance Company and promptly submit them to Insurance Company.

No Authority to Modify, Etc. The Broker-Dealer acknowledges and --------------------------- agrees that neither the Broker-Dealer nor any of the Registered Representatives shall have the authority, on behalf of USA FUS or the Insurance Company or otherwise, to (a) modify any of the terms of the Products, including, but not limited to, any forfeiture provisions thereof, or (b) extend the time of payment of any premiums with respect to a Product. The Broker-Dealer acknowledges that neither Broker- the Broker-Dealer nor any Registered Representative may receive any premiums or other funds from applicants for, or purchasers of the Products (except for the sole purpose of forwarding such funds ALLMERICA DRAFT DECEMBER 15, 1999 to the Insurance Company). If the Broker-Dealer or a Registered Representative inadvertently receives any funds from applicants for, or purchasers of of, the Products they shall hold such funds in a fiduciary capacity on behalf of the Insurance Company and promptly submit them to the Insurance Company.