Examples of Distributor Representatives in a sentence
Any Distributor Representatives required to be registered with FINRA and any State Securities Commission as representatives or principals of Distributor are so registered.
Insurer shall authorize Underwriter on its behalf to appoint in the appropriate states or jurisdictions such Distributors or Distributor Representatives.
All solicitation and sales activities engaged in by Distributor and the Distributor Representatives with respect to the Contracts, including such activities with respect to Selling Broker-Dealers and their Representatives and clients or prospects, shall be in compliance with all applicable federal and state securities laws and regulations, FINRA rules, and all applicable insurance laws and regulations and the Agents Manual.
Upon Distributor’s request, Insurer may pay compensation payable to Distributor Representatives and Selling Broker-Dealers, on Distributor’s behalf as a purely ministerial service, subject to the provisions of Section 7 of this Agreement.
Until Distributor requests otherwise, Insurer shall pay compensation payable to Distributor Representatives and to Selling Broker-Dealers, on Distributor's behalf, subject to the provisions of Section 7 of this Agreement and applicable NASD rules.
The Distributor will not solicit applications from the public for the Contracts through Distributor Representatives.
Furthermore, Distributor agrees that it will not disclose or make available, and will ensure that none of the Distributor Representatives disclose or makes available, any Customer Information or Proprietary Information to any person or entity that does not have a need to know such Customer Information in connection with the foregoing.
AAGS is hereby vested with power and authority to select and recommend AAGS Representatives, and to authorize a Distributor to select and recommend Distributor Representatives, for appointment as agents of AILIC, and only Representatives so recommended by AAGS or a Distributor shall become agents of AILIC with authority to engage in solicitation activities with respect to the Contracts.
All solicitation and sales activities engaged in by Distributor and the Distributor Representatives with respect to the Policies shall be in compliance with all applicable federal and state securities laws and regulations and NASD rules, as well as all applicable insurance laws and regulations and the Insurer's rules and procedures (to the extent not inconsistent with the foregoing).
Distributor shall be expected to participate in and assure that Distributor Representatives comply in all material respects with Atossa’s Compliance Program.