Common use of The Policies Clause in Contracts

The Policies. The Policies issued by the Company to which this Agreement applies are listed in Schedule A1/B1. Schedule A1/B1 may be amended at any time by the Company. The Company in its sole discretion and without notice to Broker-Dealer, may suspend sales of any Policies or may amend any policies or contracts evidencing such Policies if, in the Company's opinion, such suspension or amendment is: (1) necessary for compliance with federal, state, or local laws, regulations, or administrative order(s); or (2) necessary to prevent administrative or financial hardship to the Company. In all other situations, the Company shall provide thirty (30) days’ notice to Broker-Dealer prior to suspending sales of any Policies or amending any policies or contracts evidencing such Policies. Neither Broker-Dealer nor its Representatives shall be authorized to sell or market any Policy unless a Schedule for such Policy has been made a part of this Agreement. With respect to Insurance Securities comprising variable annuity contracts, no schedule for such Products will be effective unless executed by an authorized officer of the Company and authorized representative of Broker-Dealer.

The Policies. The Policies issued by the Company to which this Agreement applies are listed in Schedule A1/B1. Schedule A1/B1 may be amended at any time by the Company. The Company in its sole discretion and without notice to Broker-Dealer, may suspend sales of any Policies or may amend any policies or contracts evidencing such Policies if, in the Company's opinion, such suspension or amendment is: (1) necessary for compliance with federal, state, or local laws, regulations, or administrative order(s); or (2) necessary to prevent administrative or financial hardship to the Company. In all other situations, the Company shall provide thirty (30) days’ ' notice to Broker-Dealer prior to suspending sales of any Policies or amending any policies or contracts evidencing such Policies. Neither Broker-Dealer nor its Representatives shall be authorized to sell or market any Policy unless a Schedule for such Policy has been made a part of this Agreement. With respect to Insurance Securities comprising variable annuity contracts, no schedule for such Products will be effective unless executed by an authorized officer of the Company and authorized representative of Broker-Dealer.