Common use of Qualifications of Broker-Dealer Representatives Clause in Contracts

Qualifications of Broker-Dealer Representatives. Broker-Dealer represents and warrants that it shall ensure that no individual shall offer or sell the variable life or variable annuity Contracts on behalf of Broker-Dealer in any state or other jurisdiction in which the Contracts may lawfully be sold unless: such individual is an associated person of Broker-Dealer (as that term is defined in Section 3(a)(18) of the 1934 Act); is not subject to a statutory disqualification (as that term is defined in the 1934 Act); and is duly registered with the NASD and any applicable state securities regulatory authority as a registered person of Broker-Dealer qualified to distribute the Contracts in such state or other jurisdiction.

Qualifications of Broker-Dealer Representatives. The Broker-Dealer represents and warrants that it shall take all necessary action to ensure that no individual shall offer or sell the variable life or variable annuity Contracts on behalf of Broker-Dealer in any state or other jurisdiction in which the Contracts may lawfully be sold unless: unless such individual is an associated person of Broker-Dealer (as that term is defined in Section 3(a)(18) of the 1934 Act); , is not subject to a statutory disqualification (as that term is defined in the 1934 Act); ) and is duly registered with the NASD FINRA and any applicable state securities regulatory authority as a registered person of Broker-Dealer qualified to distribute the Contracts in such state or other jurisdiction.

Qualifications of Broker-Dealer Representatives. Broker-Dealer ________________________________________________ represents and warrants that it shall ensure that no individual shall offer or sell the variable life or variable annuity Contracts on behalf of Broker-Dealer in any state or other jurisdiction in which the Contracts may lawfully be sold unless: such individual is an associated person of Broker-Dealer (as that term is defined in Section 3(a)(18) of the 1934 Act); is not subject to a statutory disqualification (as that term is defined in the 1934 Act); and is duly registered with the NASD and any applicable state securities regulatory authority as a registered person of Broker-Dealer qualified to distribute the Contracts in such state or other jurisdiction.

Qualifications of Broker-Dealer Representatives. The Broker-Dealer represents and warrants that it shall take all necessary action to ensure that no individual shall offer or sell the variable life or variable annuity Contracts on behalf of Broker-Dealer in any state or other jurisdiction in which the Contracts may lawfully be sold unless: or otherwise service the Contracts unless such individual is an associated person of the Broker-Dealer (as that term is defined in Section 3(a)(18) of the 1934 Act); , is not subject to a statutory disqualification (as that term is defined in the 1934 Act); 0000 Xxx) and is duly registered with the NASD FINRA and any applicable state securities regulatory authority as a registered person of the Broker-Dealer qualified to distribute the Contracts in such state or other jurisdiction.

Qualifications of Broker-Dealer Representatives. The Broker-Dealer represents and warrants that it shall take all necessary action to ensure that no individual shall offer or sell the variable life or variable annuity Contracts Product on behalf of Broker-Dealer in any state or other jurisdiction in which the Contracts Product may lawfully be sold unless: unless such individual is an associated person of Broker-Dealer (as that term is defined in Section 3(a)(18) of the 1934 Act); , is not subject to a statutory disqualification (as that term is defined in the 1934 Act); 0000 Xxx) and is duly registered with the NASD FINRA and any applicable state securities regulatory authority as a registered person of Broker-Dealer qualified to distribute the Contracts Product in such state or other jurisdiction.