Common use of Ownership of Accounts Clause in Contracts

Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s records and use and control of expiration, shall remain the property of Producer; otherwise, use of records and control of expirations shall be vested promptly and exclusively in Broker.

Appears in 19 contracts

Samples: Producer Agreement, Producer Agreement, Producer Agreement

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Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s records and use and control of expiration, shall remain the property of Producer; otherwise, use of records record and control of expirations shall be vested promptly and exclusively in Broker.

Appears in 17 contracts

Samples: Producer Agreement, Producer Agreement, Producer Agreement

Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s 's records and use and control of expiration, shall remain the property of Producer; otherwise, use of records record and control of expirations shall be vested promptly and exclusively in Broker.

Appears in 1 contract

Samples: Producer Agreement

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Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s records and use and control of expiration, shall remain the property of Producer; Producer; otherwise, use of records record and control of expirations shall be vested promptly and exclusively in Broker.

Appears in 1 contract

Samples: Insurance and Bonds LLC Producer Agreement

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