Premium Collection. Broker-Dealer and Registered Representatives only have the authority to collect initial premiums except as specifically set forth in the applicable commission schedule. Unless previously authorized by Company, neither Broker-Dealer nor any of its Registered Representatives shall have any right to withhold or deduct any part of any premium it shall receive for purposes of payment of commission or otherwise.
Appears in 3 contracts
Samples: Broker Dealer Sales and Supervision Agreement (Forethought Life Insurance Co), Broker Dealer Sales and Supervision Agreement (Forethought Life Insurance Co Separate Account A), Broker Dealer Sales and Supervision Agreement (Forethought Life Insurance Co Separate Account A)
Premium Collection. Broker-Dealer and Registered Representatives only have has the authority to collect initial premiums except as unless specifically set forth in the applicable commission schedule. Unless previously authorized by CompanyDistributor, neither Broker-Dealer nor any of its Registered Representatives shall have any right to withhold or deduct any part of any premium it shall receive for purposes of payment of commission or otherwise.
Appears in 2 contracts
Samples: Broker Dealer Sales and Supervision Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Broker Dealer Sales and Supervision Agreement (Hartford Life Insurance Co Separate Account 11)
