Solicitation of Applications. (a) Solicit Non-variable Contract Applications. MLIDC authorizes Broker ------------------------------------------ through its Representatives to solicit applications for the Non-variable Contracts, provided that (i) Broker shall not solicit applications for Non-variable Contracts except in those states where it and its Representatives are appropriately licensed; (ii) in which the Non-variable Contracts are qualified for sale under Applicable Law; and (iii) Broker complies in all other respects with the published policies and procedures of MLIDC or its Affiliates, as applicable, and with the terms of this Agreement.
Solicitation of Applications. 1. Applications received from you and accepted by the Funds will be at the public offering price determined in the manner described in the then current Prospectus of such Funds notwithstanding anything to the contrary in this Agreement. The public offering price for the purchase of the Funds' shares is the Fund's or Portfolio's net asset value per share.
2. The procedure relating to the handling of Applications shall be subject to instructions which we shall forward from time to time to all members of the Selling Group. All Applications are subject to acceptance by us and the respective Fund or Portfolio(s) at our West Des Moines, Iowa offices and we and the respective Fund or Portfolio(s) reserve the right, in our and their sole discretion, to reject any Application.
3. As a member of the Selling Group, you agree:
(a) To purchase shares only from us or from your customers (other than a securities broker or dealer).
(b) That you will purchase shares from us only to cover purchase orders already received from your customers, or for your own bona fide investment.
(c) That you will not purchase shares from your customers at a price lower than the bid price then quoted by or for such Fund or Portfolio. You may, however, sell shares for the account of your customer to the Fund or Portfolio, or to us as agent for such Fund or Portfolio, at the bid price currently quoted by or for such Fund or Portfolio.
(d) That you will not withhold placing with us orders received from your customers so as to profit yourself as a result of such withholding.
4. You agree that you will promptly forward all customers' Applications to us. The Funds will not accept conditional applications.
5. You agree that the Fund or Portfolio's share price applicable to Applications will be such Fund or Portfolio's public offering price next determined after receipt of the Application and payment at the office of the Funds in West Des Moines, Iowa in accordance with the then current Prospectus of such Fund or Portfolio.
6. You will also act as principal in all purchases of Fund or Portfolio shares directly from us by a shareholder for whom you are the dealer of record and you authorize and appoint the Funds' Transfer Agent to execute and confirm such purchases to such shareholder on your behalf. You agree to indemnify the Funds and us for any loss, injury, damage, expense, or liability arising from or based upon any alleged or untrue statements or representations made by you other than statement...
Solicitation of Applications. We will inform you from time to time which products you are authorized to sell. Solicitation of Contracts authorized under this agreement will be performed by you or by solicitors in accordance with the terms set forth below. A solicitor is a properly licensed registered representative who is employed by or associated with you and is appointed by us to solicit Contracts in your name. You are responsible for assuring that all solicitors are persons of good character. You agree not to allow any solicitor to engage in the services authorized under this agreement, except in accordance with this Section. At our option, we may refuse to contract with or appoint any proposed solicitor and may terminate any agreement with or appointment of a solicitor. You will be solely responsible for the payment of any compensation to solicitors, and you agree to hold us harmless from all claims for commissions or other compensation by any solicitor.
Solicitation of Applications. (a) Solicit Non-variable Contract Applications. Principal Underwriter authorizes Broker through its Representatives to solicit applications for the Non-variable Contracts, provided that (i) Broker shall not solicit applications for Non-variable Contracts except in those states where it and its Representatives are appropriately licensed; (ii) in which the Non-variable Contracts are qualified for sale under Applicable Law; and (iii) Broker complies in all other respects with the published policies and procedures of Principal Underwriter or its Affiliates, as applicable, and with the terms of this Agreement.
Solicitation of Applications. Pursuant to the authority delegated to it by the Company, during the term of this Agreement Distributor hereby authorizes Broker and Agency to solicit applications for the sale of Contracts, provided that a Registration Statement under the 1933 Act and Investment Company Act is in effect relating to the Contracts, the related Accounts and interests in any Account relating to the Contracts, as appropriate, and provided further that Broker and Agency have been notified in writing by Distributor of the states and jurisdictions in which such Contracts and interests in any Account relating to the Contracts are qualified for sale. In connection with the solicitation of applications for the sale of Contracts, Broker and Agency are hereby authorized to offer any riders that are available under the Contracts in accordance with written instructions furnished by Distributor or the Company.
Solicitation of Applications. We will inform you from time to time which products you are authorized to sell. Solicitation of Contracts authorized under this Agreement will be performed by you or by solicitors in accordance with the terms set forth below. A solicitor is a properly licensed registered representative who is employed by or associated with Broker and is appointed by us to solicit Contracts in your name. You agree not to recommend a solicitor for appointment by Underwriter unless such person is duly licensed as an insurance agent with Agency in the state(s) in which it is proposed that such Registered Representative or Agent will solicit sales of the Contracts. You will fulfill all requirements set forth in the General Letter of Recommendation attached as Exhibit A, in conjunction with the submission of licensing/appointment papers for all applicants as insurance agents of Underwriter. The solicitor(s) selling a Contract must be identified on each Contract application. If a Registered Representative of Broker is no longer to be treated as the agent of record on a Contract, you must immediately notify us in writing and, within thirty (30) business days of such notice, name a Registered Representative of Broker who will act as the substitute agent of record. You agree not to allow any solicitor to engage in the services authorized under this Agreement, except in accordance with this Section. At our option, we may refuse to contract with or appoint any proposed solicitor and may terminate any agreement with or appointment of a solicitor. Upon written notice by us, you will cause Registered Representatives or Agents to stop soliciting Contracts and additional premiums or purchase payments thereon on our behalf. You agree to notify us immediately in writing if any solicitor appointed by us ceases to be a Registered Representative of Broker, is disciplined or suspended by the NASD or by you, or if any Registered Representative or Agent ceases to be properly licensed or is the subject of a disciplinary proceeding in any state. As it relates to Contracts sold under this Agreement, Broker is solely responsible for the payment of any compensation to solicitors and for withholding and reporting of compensation for taxes, including, without limitation, FICA, FUTA, and federal, state and local income taxes and agrees to indemnify and hold Company and Underwriter harmless from all claims for commissions or other compensation or tax withholding by any solicitor.
Solicitation of Applications. POS is authorized to solicit the Insurance Business only to the extent as mentioned in annexure A and strictly as per additional description and narration as may be advised by the Company from time to time.
Solicitation of Applications. We will inform you from time to time which products you are authorized to sell. Solicitation of applications for insurance authorized under this Agreement will be performed by you or by Assigned Producers in accordance with the terms of their agreements with us. An Assigned Producer is a person who has been designated by us to solicit applications for insurance under your direction.
Solicitation of Applications. Agent is authorized to solicit applications from Customers for membership into a HEALTH FIRST Product. Agent is only authorized to solicit and secure memberships in HEALTH FIRST’s Products at the membership rate and such other underwriting criteria currently in effect at the time of the last notification received by Agent from HEALTH FIRST.
Solicitation of Applications. (1) During the term of this contract, AMPF and persons designated by it shall have the right to solicit applications for and to distribute the face amount investment certificates and other securities, if any, issued by Company ("certificates").
(2) AMPF will continuously solicit or cause the continuous solicitation of applications for certificates currently or hereafter issued by Company, except certificates for which Company enters into other distribution arrangements of which it notifies AMPF. Certificates distributed by AMPF are sometimes referred to herein as "Ameriprise certificates."
(3) AMPF agrees that all applications for certificates shall be made in writing on forms acceptable to Company. Every application shall be subject to acceptance or rejection by Company according to the terms thereof. AMPF shall promptly remit to company the payment tendered with each application, such payment to be in conformity with the provisions of the Certificate for which such application is made.
