Selling Agreement. An agreement among Insurer, Distributor and Selling Broker-Dealer pursuant to which Selling Broker-Dealer is authorized to engage in retail solicitation activities with respect to the offering of the Contracts.
Selling Agreement. An agreement among PHLVIC, 1851 and a Contracted Broker-Dealer effective as of the date the Registration Statement is effective or a later date, and as amended from time to time, pursuant to which Contracted Broker-Dealers will solicit sales of the Guaranteed Income Edge.
Selling Agreement. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth:
(a) The Company hereby engages you as its agent to sell the Units in accordance with the terms of the Prospectus and this Agreement, and you agree to use your best efforts to sell the Units. You may, however, discharge your responsibilities under this Agreement by forming a group of securities dealers to find purchasers for the Units. Any allocation of Units among you that the other Broker-Dealers selected by you shall be made by you;
(b) As compensation for the Selected Broker-Dealer's services hereunder, the Company shall allow to the Selected Broker-Dealer a $0.12 per Unit nonaccountable expense allowance on Offered Units sold from referrals by the Company hereunder and a sales commission or discount of $0.60 per Unit and a $0.12 per Unit nonaccountable expense allowance on all other Offered Units sold hereunder. The nonaccountable expense allowance is limited to a maximum of $18,000 on all Offered Units sold. It shall be conclusively presumed that the following persons who purchase offered Units are from referrals by the Company: Any past or present shareholder of the Company; and any person whom you have not identified in writing as a non-company referral. Such payment shall be made to you by the Company at the time of Closing. You may reallow any portion of you commission to other Broker-Dealers with whom you may have contracted for the sale of the Units, which payment shall be made as compensation for their services;
(c) The above-described commission shall be considered compensation for your brokerage services rendered during the course of the Offering pursuant to this Agreement. You will not be considered to have any continuing or future duty or obligation of any kind to the Company or to any of the shareholders as a consequence of this right. You have not assumed, will not assume nor be permitted to assume any duties, responsibilities or obligations regarding the management, operations or any of the business affairs of the Company after the Closing Date. You shall be held harmless by the Company from and against any claim, suit, loss, damage, liability or action by or of the Company based upon or arising out of the assertion by it that you have any continuing duty or obligation after the Closing Date to the Company or any shareholder arising out of your right to receive or your receipt of the commission;
(d) Unless a minim...
Selling Agreement. This Agreement has been duly authorized, executed and delivered by each of the Company and Carnival plc. Carnival plc acknowledges that it will benefit, directly or indirectly, economically or otherwise from the transactions contemplated by this Agreement.
Selling Agreement. The parties acknowledge and agree that promptly after the effectiveness of this Agreement, Xxxxxxxx, CSAF and SCI will enter into a new selling agreement on terms and conditions similar to the terms and condition contained in the Selling Agreement between and among HBI, Xxxxxxxx and CSAF, dated January 12, 1994 (the only difference being those changes as reflected in the "Form of Selling Agreement among the Partnership, the General Partner, PaineWebber Incorporated and the Selling Agent" as filed as Exhibit 1.01 by CSAF as part of its Registration Statement on August 8, 2000, and any additional changes that may be made to the Form after that date).
Selling Agreement. TABLE OF CONTENTS Page Section 1. Representations and Warranties of the General Partner............................... 2 Section 2. Representations and Warranties of the Commodity Broker.............................. 4 Section 3. Representations and Warranties of the Trading Advisor............................... 6 Section 4. Offering and Sale of Interests...................................................... 8 Section 5. Covenants of the General Partner.................................................... 10 Section 6. Covenants of the Trading Advisor.................................................... 11 Section 7. Payment of Expenses and Fees........................................................ 12
Selling Agreement. The Selling Agreement effective as of December 1, 2002 and the addition of GIE to the Selling Agreement effective as of the Effective Date, by and among the Parties, as amended from time to time, pursuant to which ICC will solicit sales of the GIE from ICC Customers.
Selling Agreement. The Selling Agreement effective as of January 13, 2003 and the addition of GIE to the Selling Agreement effective as of the date the Registration Statement is effective, by and among the Parties, as amended from time to time, pursuant to which X.X. XXXXXX & COMPANY, LLC will solicit sales of the GIE from X.X. XXXXXX Customers.
Selling Agreement. TABLE OF CONTENTS Page Section 1. Representations and Warranties of the Managing Owner . . . . . . . . . . . . . . . . . 2 Section 2. Representations and Warranties of the Lead Selling Agent . . . . . . . . . . . . . . . 6 Section 3. Representations and Warranties of JWH. . . . . . . . . . . . . . . . . . . . . . . . . 7 Section 4. Offering and Sale of Units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Section 5. Covenants of the Managing Owner. . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Selling Agreement
