Common use of Premiums and Other Payments Clause in Contracts

Premiums and Other Payments. All Premiums and loan repayments shall be sent promptly (and in no event later than the time permitted under applicable law or the rules of the NASD) to Life Company at the Service Center, or at such other address as Life Company or Distributor may subsequently specify in writing. Each initial Premium shall be preceded or accompanied by a properly completed application for a Contract, which shall include applications submitted electronically to Life Company in such manner and format as Life Company shall authorize. Checks in payment of Premiums or outstanding loans shall be drawn to the order of Life Company.

Appears in 3 contracts

Samples: Selling Agreement (Metlife Investors Variable Life Account Five), Selling Agreement (Metlife Investors Variable Life Account One), Selling Agreement (Metlife Investors Variable Life Account One)

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Premiums and Other Payments. All Premiums and loan repayments shall be ____________________________ sent promptly (and in no event later than the time permitted under applicable law or the rules of the NASD) to Life Company at the Service Center, or at such other address as Life Company or Distributor may subsequently specify in writing. Each initial Premium shall be preceded or accompanied by a properly completed application for a Contract, which shall include applications submitted electronically to Life Company in such manner and format as Life Company shall authorize. Checks in payment of Premiums or outstanding loans shall be drawn to the order of Life Company.

Appears in 2 contracts

Samples: Selling Agreement (First Metlife Investors Variable Annuity Account One), Selling Agreement (Metlife Investors Variable Annuity Account One)

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