Common use of Suitability Determinations Clause in Contracts

Suitability Determinations. The Parties wish to ensure that the Contracts, the applications for which will be solicited by Selling Group Members and their respective registered sales representatives (Selling Group Members and registered sales representatives may be referred to collectively as "Sales Persons"; if the context so warrants, registered sales representatives may be referred to as "Sales Persons.") will be issued to persons for whom the Contracts will be suitable. Each Selling Group Member shall take reasonable steps to ensure that neither it nor any other Sales Person makes recommendations to an applicant to purchase any of the Contracts, or to select any investment option thereunder, in the absence of reasonable grounds to believe that the purchase of the Contracts or selection of that option is suitable for such applicant in compliance with federal securities law requirements governing suitability obligations. While not limited to the following, a determination of suitability shall be based on information furnished to Sales Persons after reasonable inquiry of such applicant concerning the applicant's insurance and investment objectives and financial situation and needs, including the likelihood that the applicant will make sufficient premium payments to derive the benefits thereof, and tax status. The responsibility of Sales Persons to take such reasonable steps and make such determinations of suitability shall be a requirement of each selling group agreement entered into by the Parties.

Suitability Determinations. The Parties AGNY, AGSI and DISTRIBUTOR wish to ensure that the Contracts, the applications for which will be solicited by Selling Group Members and their respective registered sales representatives (Selling Group Members and registered sales representatives may be referred to collectively as "Sales Persons"; if the context so warrants, registered sales representatives may be referred to as "Sales Persons.") will be issued to persons for whom the Contracts will be suitable. Each Selling Group Member shall take reasonable steps to ensure that neither it nor any other Sales Person makes recommendations to an applicant to purchase any of the Contracts, or to select any investment option thereunder, in the absence of reasonable grounds to believe that the purchase of the Contracts or selection of that option is suitable for such applicant in compliance with federal securities law requirements governing suitability obligations. While not limited to the following, a determination of suitability shall be based on information furnished to Sales Persons after reasonable inquiry of such applicant concerning the applicant's insurance and investment objectives and financial situation and needs, including the likelihood that the applicant will make sufficient premium payments to derive the benefits thereof, and tax status. The responsibility of Sales Persons to take such reasonable steps and make such determinations of suitability shall be a requirement of each selling group agreement entered into by the PartiesDISTRIBUTOR.

Suitability Determinations. The Parties USL, AGSI and DISTRIBUTOR wish to ensure that the Contracts, the applications for which will be solicited by Selling Group Members and their respective registered sales representatives (Selling Group Members and registered sales representatives may be referred to collectively as "Sales Persons"; if the context so warrants, registered sales representatives may be referred to as "Sales Persons.") will be issued to persons for whom the Contracts will be suitable. Each Selling Group Member shall take reasonable steps to ensure that neither it nor any other Sales Person makes recommendations to an applicant to purchase any of the Contracts, or to select any investment option thereunder, in the absence of reasonable grounds to believe that the purchase of the Contracts or selection of that option is suitable for such applicant in compliance with federal securities law requirements governing suitability obligations. While not limited to the following, a determination of suitability shall be based on information furnished to Sales Persons after reasonable inquiry of such applicant concerning the applicant's insurance and investment objectives and financial situation and needs, including the likelihood that the applicant will make sufficient premium payments to derive the benefits thereof, and tax status. The responsibility of Sales Persons to take such reasonable steps and make such determinations of suitability shall be a requirement of each selling group agreement entered into by the PartiesDISTRIBUTOR.

Suitability Determinations. The Parties wish to ensure that the -------------------------- Contracts, the applications for which will be solicited by Selling Group Members and their respective registered sales representatives (Selling Group Members and registered sales representatives may be referred to collectively as "Sales Persons"; if the context so warrants, registered sales representatives may be referred to as "Sales Persons.") will be issued to persons for whom the Contracts will be suitable. Each Selling Group Member shall take reasonable steps to ensure that neither it nor any other Sales Person makes recommendations to an applicant to purchase any of the Contracts, or to select any investment option thereunder, in the absence of reasonable grounds to believe that the purchase of the Contracts or selection of that option is suitable for such applicant in compliance with federal securities law requirements governing suitability obligations. While not limited to the following, a determination of suitability shall be based on information furnished to Sales Persons after reasonable inquiry of such applicant concerning the applicant's insurance and investment objectives and financial situation and needs, including the likelihood that the applicant will make sufficient premium payments to derive the benefits thereof, and tax status. The responsibility of Sales Persons to take such reasonable steps and make such determinations of suitability shall be a requirement of each selling group agreement entered into by the Parties.

Suitability Determinations. The Parties wish to ensure that the -------------------------- Contracts, the applications for which will be solicited by Selling Group Members and their respective registered sales representatives (Selling Group Members and registered sales representatives may be referred to collectively as "Sales Persons"; if the context so warrants, registered sales representatives may be referred to as "Sales Persons.") will be issued to persons for whom the Contracts will be suitable. Each Selling Group Member shall take reasonable steps to ensure that neither it nor any other Sales Person makes recommendations to an applicant to purchase any of the Contracts, or to select any investment option thereunder, in the absence of reasonable grounds to believe that the purchase of the Contracts or selection of that option is suitable for such applicant in compliance with federal securities law requirements governing suitability obligations. While not limited to the following, a determination of suitability shall be based on information furnished to Sales Persons after reasonable inquiry of such applicant concerning the applicant's insurance and investment objectives and financial situation and needs, including the likelihood that the applicant will make sufficient premium purchase payments to derive the benefits thereof, and tax status. The responsibility of Sales Persons to take such reasonable steps and make such determinations of suitability shall be a requirement of each selling group agreement entered into by the Parties.