Common use of REPRESENTATIVES INSURANCE COMPLIANCE Clause in Contracts

REPRESENTATIVES INSURANCE COMPLIANCE. Broker-Dealer, prior to allowing its Representatives to solicit for sales or sell the Variable Contracts, shall require such representatives to be validly insurance licensed, registered and appointed by Insurer as a variable contract/life insurance agent in accordance with the jurisdictional requirements of the place where the solicitations and sales take place as well as the solicited person's or entity's place of residence. Broker-Dealer shall assist Insurer in the appointment of Representatives under the applicable insurance laws to sell Variable Contracts. Broker-Dealer shall fulfill all Insurer requirements in conjunction with the submission of licensing/appointment papers for all applicants as insurance agents of Insurer. All such licensing/appointment papers shall be submitted to Insurer or its designee by Broker-Dealer. Notwithstanding such submission, Insurer shall have sole discretion to appoint, refuse to appoint, discontinue, or terminate the appointment of any Representative as an insurance agent of Insurer.

Appears in 4 contracts

Samples: Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co), Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co), Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co)

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REPRESENTATIVES INSURANCE COMPLIANCE. Broker-Dealer, prior to allowing its Representatives to solicit for sales or sell the Variable Contracts, shall require such representatives to be validly insurance licensed, registered and appointed by Insurer as a variable contract/life insurance contract agent in accordance with the jurisdictional requirements of the place where the solicitations and sales take place as well as the solicited person's or entity's place of residence. Broker-Dealer and Agency shall assist Insurer in the appointment of Representatives under the applicable insurance laws to sell the Variable Contracts. Broker-Dealer shall fulfill all Insurer requirements in conjunction with the submission of licensing/appointment papers for all applicants as insurance agents of Insurer. All such licensing/appointment papers shall be submitted to Insurer or its designee by Broker-Dealer. Notwithstanding such submission, Insurer shall have sole discretion to appoint, refuse to appoint, discontinue, or terminate the appointment of any Representative as an insurance agent of Insurer.

Appears in 3 contracts

Samples: Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co), Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co), Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co)

REPRESENTATIVES INSURANCE COMPLIANCE. Broker-Dealer, prior to allowing its Representatives to solicit for sales or sell the Variable Contracts, shall require such representatives to be validly insurance licensed, registered and appointed by Insurer as a variable contract/life insurance contract agent in accordance with the jurisdictional requirements of the place where the solicitations and sales take place as well as the solicited person's or entity's place of residence. Broker-Dealer shall assist Insurer in the appointment of Representatives under the applicable insurance laws to sell the Variable Contracts. Broker-Dealer shall fulfill all Insurer requirements in conjunction with the submission of licensing/appointment papers for all applicants as insurance agents of Insurer. All such licensing/appointment papers shall be submitted to Insurer or its designee by Broker-Dealer. Notwithstanding such submission, Insurer shall have sole discretion to appoint, refuse to appoint, discontinue, or terminate the appointment of any Representative as an insurance agent of Insurer.

Appears in 3 contracts

Samples: Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co), Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co), Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co)

REPRESENTATIVES INSURANCE COMPLIANCE. Broker-Broker Dealer, prior to allowing its Representatives to solicit for sales or sell the Variable Contracts, shall require such representatives to be validly insurance licensed, registered and appointed by Insurer as a variable contract/life insurance contract agent in accordance with the jurisdictional requirements of the place where the solicitations and sales take place as well as the solicited person's or entity's place of residence. Broker-Broker Dealer and Agency shall assist Insurer in the appointment of Representatives under the applicable insurance laws to sell the Variable Contracts. Broker-Broker Dealer shall fulfill all Insurer requirements in conjunction with the submission of licensing/appointment papers for all applicants as insurance agents of Insurer. All such licensing/appointment papers shall be submitted to Insurer or its designee by Broker-Broker Dealer. Notwithstanding such submission, Insurer shall have sole discretion to appoint, refuse to appoint, discontinue, or terminate the appointment of any Representative as an insurance agent of Insurer.

Appears in 2 contracts

Samples: Broker Dealer Selling Agreement (Reliastar Life Insur Co of Ny Var Annuity Separate Acct Ii), Broker Dealer Agency Selling Agreement (Select Life Variable Account)

REPRESENTATIVES INSURANCE COMPLIANCE. Broker-Broker Dealer, prior to allowing its Representatives to solicit for sales or sell the Variable Contracts, shall require such representatives to be validly insurance licensed, registered and appointed by Insurer as a variable contract/life insurance contract agent in accordance with the jurisdictional requirements of the place where the solicitations and sales take place as well as the solicited person's or entity's place of residence. Broker-Broker Dealer shall assist Insurer in the appointment of Representatives under the applicable insurance laws to sell the Variable Contracts. Broker-Broker Dealer shall fulfill all Insurer requirements in conjunction with the submission of licensing/appointment papers for all applicants as insurance agents of Insurer. All such licensing/appointment papers shall be submitted to Insurer or its designee by Broker-Broker Dealer. Notwithstanding such submission, Insurer shall have sole discretion to appoint, refuse to appoint, discontinue, or terminate the appointment of any Representative as an insurance agent of Insurer.

Appears in 1 contract

Samples: Broker Dealer Agency Selling Agreement (Select Life Variable Account)

REPRESENTATIVES INSURANCE COMPLIANCE. Broker-/Dealer, prior to allowing its Representatives to solicit for sales or sell the Variable Contracts, shall require such representatives to be validly insurance licensed, registered and appointed by Insurer as a variable contract/life insurance contract agent in accordance with the jurisdictional requirements of the place where the solicitations and sales take place as well as the solicited person's or entity's place of residence. May 1, 2002 Broker-/Dealer shall assist Insurer in the appointment of Representatives under the applicable insurance laws to sell the Variable Contracts. Broker-/Dealer shall fulfill all Insurer requirements in conjunction with the submission of licensing/appointment papers for all applicants as insurance agents of Insurer. All such licensing/appointment papers shall be submitted to Insurer or its designee by Broker-Dealer/Dealer or Agency. Notwithstanding such submission, Insurer shall have sole discretion to appoint, refuse to appoint, discontinue, or terminate the appointment of any Representative as an insurance agent of Insurer.

Appears in 1 contract

Samples: Selling Agreement (Reliastar Select Life Variable Account)

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REPRESENTATIVES INSURANCE COMPLIANCE. Broker-Dealer, prior to allowing its Representatives to solicit for sales or sell the Variable Contracts, shall require such representatives to be validly insurance licensed, registered and appointed by Insurer as a variable contract/life insurance agent in accordance with the jurisdictional requirements of the place where the solicitations and sales take place as well as the solicited person's or entity's place of residence. Broker-Dealer shall assist Insurer in the appointment of Representatives under the applicable insurance laws to sell Variable Contracts. Broker-Dealer shall fulfill all Insurer requirements in conjunction with the submission of licensing/appointment papers for all applicants as insurance agents of Insurer. All such licensing/licensing/ appointment papers shall be submitted to Insurer or its designee by Broker-Dealer. Notwithstanding such submission, Insurer shall have sole discretion to appoint, refuse to appoint, discontinue, or terminate the appointment of any Representative as an insurance agent of Insurer.

Appears in 1 contract

Samples: Broker Dealer Agency Selling Agreement (Bankers Security Variable Annuity Funds M P & Q)

REPRESENTATIVES INSURANCE COMPLIANCE. Broker-/Dealer, prior to allowing its Representatives to solicit for sales or sell the Variable Contracts, shall require such representatives to be validly insurance licensed, registered and appointed by Insurer as a variable contract/life insurance contract agent in accordance with the jurisdictional requirements of the place where the solicitations and sales take place as well as the solicited person's or entity's place of residence. Broker-/Dealer shall assist Insurer in the appointment of Representatives under the applicable insurance laws to sell the Variable Contracts. Broker-/Dealer shall fulfill all Insurer requirements in conjunction with the submission of licensing/appointment papers for all applicants as insurance agents of Insurer. All such licensing/appointment papers shall be submitted to Insurer or its designee by Broker-/Dealer. Notwithstanding such submission, Insurer shall have sole discretion to appoint, refuse to appoint, discontinue, or terminate the appointment of any Representative as an insurance agent of Insurer.

Appears in 1 contract

Samples: Broker/Dealer Agency Selling Agreement (Separate Account One of Northern Life Insurance Co)

REPRESENTATIVES INSURANCE COMPLIANCE. Broker-Broker Dealer, prior to allowing its Representatives to solicit for sales or sell the Variable Contracts, shall require such representatives to be validly insurance licensed, registered and appointed by Insurer as a variable contract/life insurance agent in accordance with the jurisdictional requirements of the place where the solicitations and sales take place as well as the solicited person's or entity's place of residence. Broker-Broker Dealer shall assist Insurer in the appointment of Representatives under the applicable insurance laws to sell Variable Contracts. Broker-Broker Dealer shall fulfill all Insurer requirements in conjunction with the submission of licensing/appointment papers for all applicants as insurance agents of Insurer. All such licensing/appointment papers shall be submitted to Insurer or its designee by Broker-Broker Dealer. Notwithstanding such submission, Insurer shall have sole discretion to appoint, refuse to appoint, discontinue, or terminate the appointment of any Representative as an insurance agent of Insurer.

Appears in 1 contract

Samples: Broker Dealer Agency Selling Agreement (Select Life Variable Account)

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