Common use of Sales Load Compliance Clause in Contracts

Sales Load Compliance. Insurer shall be responsible for ensuring that the sales load assessed on the Policies and compensation paid for the sales of the Policies comply with the 1940 Act and rules, regulations and interpretations thereunder, and NASD rules.

Appears in 2 contracts

Samples: Distribution Agreement (National Variable Life Insurance Account), Distribution Agreement (LSW Variable Life Insurance Account)

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Sales Load Compliance. Insurer shall be responsible for ensuring that the sales load assessed on the Policies Contracts and compensation paid for the sales of the Policies Contracts comply with the 1940 Act and rules, regulations and interpretations thereunder, and NASD rules.

Appears in 2 contracts

Samples: Distribution Agreement (National Variable Annuity Account Ii), Distribution Agreement (LSW Variable Annuity Account I)

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Sales Load Compliance. Insurer shall be responsible for ensuring that the sales load assessed on the Policies and compensation paid for the sales of the Policies comply with the 1940 Act and rules, regulations and interpretations thereunder, and NASD rules.. c.

Appears in 1 contract

Samples: Distribution Agreement (National Variable Life Insurance Account)

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