Affiliated Distributor definition
Affiliated Distributor means any brokers, broker-dealers, insurance agents, producers, distributors or other Persons who market, produce or service the Insurance Contracts, or any successors thereto, that are Affiliates of Seller.
Affiliated Distributor has the meaning set forth in the Master Agreement.
Affiliated Distributor shall have the meaning set forth in Section 1(mmm).
Examples of Affiliated Distributor in a sentence
Purchaser shall promptly make any changes in the servicer or broker of record with respect to the Business requested by any Affiliated Distributor that is a party to a Distribution Agreement; provided that such requested change would not violate Applicable Law or the terms of any Contract to which Purchaser or any of its Affiliates (including MONY) is a party.
If BLP appoints an Affiliated Distributor, Adjusted Sales for purposes of determining Product Price shall be determined based upon the net sales price (calculated using the deduction set forth in Section 1.1 above) obtained by such Affiliated Distributor from third parties which are not affiliated with BLP or such Affiliated Distributor.