Internal Exchanges definition

Internal Exchanges. For Broker/Dealers who have selected Option C or E as the default above, it is agreed that Option A commission rates will be paid on Internal Exchanges from JNL fixed annuities to JNL variable annuities, unless another Option is elected at issue.
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Internal Exchanges. Commissions on the exchange of any ING Security Life policy for Corporate Benefits Variable Universal Life, if any, will be paid in accordance with the exchange procedures in effect at ING Security Life on the date the exchange is completed. The commission rates and/or target premiums may be adjusted in accordance with the rules in effect at the time of the exchange. If the Representative responsible for the exchange is not the producer of the original policy, and the original producer is still active with ING Security Life, no commission will be payable to the Representative or the Selling Broker-Dealer.
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Internal Exchanges. For Broker/Dealers who have selected Option C above, it is agreed that Option A is elected.
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Examples of Internal Exchanges in a sentence

  • Certain criteria upon which Trading Power is established, as outlined above, may be waived for Members requesting Internal Exchanges.

  • Certain criteria upon which Trading Power is estab- lished, as outlined above, may be waived for Members requesting Internal Exchanges within their Home Resort or Home Group.

  • No, there are some instances when a paper application is required.• ExactApp is available for Internal Exchanges only.

  • Also, not all weeks banked with an exchange company were taken up, and unfortunately the Club cannot utilise these apartments either.Vicky reported that the number of Internal Exchanges for 2021 versus a normal year had increased significantly.

  • Certain criteria upon which Trading Power is established, as outlined above, are waived for RCI Weeks Members requesting Internal Exchanges within their Home Resort or Home Resort Group.

  • Vicky explained that the more Internal Exchanges that are booked, the greater the financial liability there is on the Club as it reduces the amount of inventory available to generate a rental income from.

  • There was virtually no Club owned stock available from now until the end of the year- mainly due a massive demand for Internal Exchanges.Vicky reminded members that even if the resort was showing 100% full on paper, meaning that there was no availability for Club stock rentals, floating allocations, Internal Exchanges or extra nights, there would inevitably be empty apartments onsite at any given time.

  • Members may make Internal Exchanges of Use Periods with other Members of the Club or with members of other vacation clubs or resorts that are approved by the Club Manager and any affected Internal Exchange Projects.

  • In addition, the Club shall grant the Member the use of an additional Suite(s) and Use Period(s) during a future period of equal or superior category, time, and location as determined by the Club Manager.Section 3.03 Internal ExchangesMembers may make Internal Exchanges of Use Periods with other Members of the Club or with members of other vacation clubs or resorts that are approved by the Club Manager, including the Internal Exchange Projects.

  • As previously explained, Internal Exchange bookings can only be made into Club stock and within the same financial year; the more club stock is used to facilitate Internal Exchanges, the greater financial liability this placed on the Club as unsold stock is primarily used to generate rental income and facilitate sales.


More Definitions of Internal Exchanges

Internal Exchanges. No commission will be earned on the initial exchange of any Pacific Life Contract for Pacific Select Estate Preserver. All subsequent premium payments will receive commissions calculated in accordance with the administrative rules established by Pacific Life, in its sole discretion (generally set forth in its Administrative Reference Guide).
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Internal Exchanges. No Commissions shall be payable on the exchange of any policy issued by Security Life or any other ING affiliate for a Merrill Lynch Corporate Benefits Variable Universal Life polixx.
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Related to Internal Exchanges

  • Final Exchange Bulletin means the Exchange bulletin issued following closing of the Qualifying Transaction and the submission of all required documentation and that evidences the final Exchange acceptance of the Qualifying Transaction.

  • National Exchange means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date in question, together with any successor thereto: the NYSE American, The New York Stock Exchange, the Nasdaq Global Market, the Nasdaq Global Select Market and the Nasdaq Capital Market.

  • Internal Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for ultimate consumption by end-users inside the PJM Region that are served by Network Transmission Service.

  • Principal Exchange means, in respect of a Share, any stock exchange or quotation system on which such Share is listed. As of the date of this Information Statement, the Principal Exchange for each Share is as set forth under "Summary Information Regarding the Companies".

  • Internal Systems means the internal systems of each of the Corporation that are presently used in its Business or operations, including, computer hardware systems, software applications and embedded systems.

  • External Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for consumption by end-users outside the PJM Region, or for load in the PJM Region that is not served by Network Transmission Service.

  • Internal floating roof means a cover or roof in a fixed-roof tank that rests upon or is floated upon, the liquid being contained, and is equipped with a closure seal or seals to close the space between the roof edge and the tank shell.

  • external wall means an outer wall of a building even though adjoining to a wall of another building and also means a wall abutting on an interior open space of a building;

  • System means the Public Employees Retirement System.

  • internal waters means any navigable river or waterway within the State of California.

  • Optional Exchange means the exchange of the Certificates by the Trust for the Underlying Securities pursuant to Section 7(a) hereof.

  • Internal Procedures means in respect of the making of any one or more entries to, changes in or deletions of any one or more entries in the register at any time (including without limitation, original issuance or registration of transfer of ownership) the minimum number of the Warrant Agent’s internal procedures customary at such time for the entry, change or deletion made to be complete under the operating procedures followed at the time by the Warrant Agent, it being understood that neither preparation and issuance shall constitute part of such procedures for any purpose of this definition;

  • external borders means external borders as defined in Article 2(2) of Regulation (EU) 2016/399;

  • Applicable Exchange means the New York Stock Exchange or such other securities exchange as may at the applicable time be the principal market for the Common Stock.

  • Primary Exchange means, with respect to each Index constituent or each constituent underlying a Successor Index, the primary exchange or market of trading such Index constituent or such constituent underlying a Successor Index.

  • External floating roof means a storage vessel cover in an open tank top consisting of a double deck or pontoon single deck which rests upon and is supported by the petroleum liquid being contained and is equipped with a closure seal or seals to close the space between the roof edge and tank shell.

  • NASDAQ means the Nasdaq National Market.

  • Local Exchange Carrier or "LEC" means any Carrier that is engaged in the provision of telephone Exchange Service or Exchange Access. Such term does not include a Carrier insofar as such Carrier is engaged in the provision of a commercial mobile service under Section 332(c) of the Act, except to the extent that the FCC finds that such service should be included in the definition of such term.

  • Stock Market means a securities market operated by a securities exchange;

  • Trading means and includes subscribing, buying, selling, dealing, or agreeing to subscribe, buy, sell, deal in any securities, and "trade" shall be construed accordingly.

  • online marketplace means a service using software, including a website, part of a website or an application, operated by or on behalf of a trader which allows consumers to conclude distance contracts with other traders or consumers;

  • Trading System means the Company’s electronic trade execution system that is used for the trading of Swaps, including the associated hardware, software, systems and communications links.

  • Reference Exchange means XETRA.

  • Irish Stock Exchange means the Irish Stock Exchange Limited.

  • Multi-Exchange Index , if applicable, means each Reference Item specified under the heading "Underlying" in the Product Terms to be a Multi-Exchange Index.

  • Free Exchange means an exchange of a Commission Share of one Fund for a Commission Share of another Fund under circumstances where the CDSC which would have been payable in respect of a redemption of the exchanged Commission Share on the date of such exchange is waived and the Commission Share issued in such exchange is treated as a continuation of the investment in the Commission Share exchanged for purposes of determining the CDSC payable if such Commission Share issued in the exchange is thereafter redeemed.