Appointed Equitable Agent definition

Appointed Equitable Agent means a Qualified Agent who has been appointed as an agent of Equitable Financial for the sale of particular Products, and a “Sales Representative” shall mean a Registered Representative or Appointed Equitable Agent as the case may be. Each Sales Agreement with a Third Party General Agent shall obligate such party to apply for and maintain proper insurance licenses for itself and each of its Appointed Equitable Agents in all states and other jurisdictions in which applications for Products are to be solicited by such agent. Equitable Financial will appoint Qualified Agents recommended by the Distributor as Appointed Equitable Agents in all states and other jurisdictions in which such agent proposes to solicit applications for Products, provided that Equitable Financial reserves the right to refuse to appoint any proposed Third Party General Agent or individual agent recommended by the Distributor which Equitable Financial determines in its sole discretion to be unsatisfactory for appointment and, following written notice to the Distributor, to terminate, with or without cause, any such appointment thereafter. The Distributor shall provide oversight of Third Party General Agents as required by applicable state insurance laws.
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Appointed Equitable Agent means a Qualified Agent who has been appointed as an agent of Equitable Life for the sale of particular Products, and a "Sales Representative" shall mean a Registered Representative or Appointed Equitable Agent, as the case may be. Each Sales Agreement with a Third Party General Agent shall obligate such party to apply for and maintain proper insurance licenses for itself and each of its Appointed Equitable Agents in all states and other jurisdictions in which applications for Products are to be solicited by such agent. Equitable Life will appoint Qualified Agents recommended by the Distributor as Appointed Equitable Agents in all states and other jurisdictions in which such agent proposes to solicit applications for Products, provided that Equitable Life reserves the right to refuse to appoint any Third Party General Agent or individual agent recommended by the Distributor which Equitable Life determines in its sole discretion to be unsatisfactory for appointment and, following written notice to the Distributor, to terminate any such appointment thereafter.
Sample 1

Related to Appointed Equitable Agent

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • Collateral Agent as defined in the preamble hereto.

  • Applicable Agent means (a) with respect to a Loan or Borrowing denominated in Dollars or with respect to any payment that does not relate to any Loan or Borrowing, the Administrative Agent and (b) with respect to a Loan or Borrowing denominated in a Foreign Currency, a Swingline Foreign Currency Borrowing or Swingline Foreign Currency Loan, the Administrative Agent or an Affiliate thereof designated pursuant to Section 8.07.

  • Administrative Agent means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

  • Secured Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers, the Hedge Banks, the Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons the Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Collateral Documents.

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Acceptable Bank means (a) a bank or financial institution which has a rating for its long-term unsecured and non credit-enhanced debt obligations of A- or higher by S&P or A2 or higher by Xxxxx’x or a comparable rating from an internationally recognized credit rating agency; or (b) any other bank or financial institution approved by each Agent.

  • Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Designated Agent means any entity that performs actions or functions on behalf of the Transmission Provider, a Transmission Owner, an Eligible Customer, or the Transmission Customer required under the Tariff. Designated Entity:

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • Agent means any Registrar or Paying Agent.