Common use of Segregated Bank Account Clause in Contracts

Segregated Bank Account. All purchase payments received by General Agent on behalf of Nationwide, including purchase payments received by General Agent from Agents, shall be held in a segregated bank account and shall be forwarded to Nationwide in accordance with mutually agreed upon instructions.

Appears in 5 contracts

Samples: General Agent Agreement (Nationwide Vli Separate Account 5), General Agent Agreement (Nationwide Va Separate Account-D), General Agent Agreement (Nationwide Vli Separate Account 5)

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