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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2
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).
Sample 1Sample 2

Examples of Internal Exchanges in a sentence

  • Internal Exchanges: Commissions, if any, on the exchange of any policy issued by SECURITY LIFE or any other ING affiliate for Strategic Advantage will be paid in accordance with the internal exchange procedures in effect at SECURITY LIFE on the date the exchange is completed.

  • Internal Exchanges: Commissions on the exchange of any policy issued by Security Life or any other ING affiliate 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.

  • Internal Exchanges: Commissions, if any, on the exchange of any policy issued by Security Life or any other ING affiliate for Strategic Advantage will be paid in accordance with the internal exchange procedures in effect at Security Life on the date the exchange is completed.


More Definitions of Internal Exchanges

Internal Exchanges. For Broker/Dealers who have selected Option C above, it is agreed that Option A is elected.
Sample 1Sample 2
Internal Exchanges. No Commissions shall be payable on the exchange of any policy issued by Security Life or any other ING affiliate for a Xxxxxxx Xxxxx Corporate Benefits Variable Universal Life policy.
Sample 1

Related to Internal Exchanges

  • Final Exchange Bulletin means the Exchange Bulletin which is 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 the Nasdaq Global Select Market, the Nasdaq Global Market, the Nasdaq Capital Market, or the New York Stock Exchange.

  • 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.

  • Stock Exchanges means BSE Limited and the National Stock Exchange of India Limited;

  • 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.

  • 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;

  • 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.

  • Related Exchange(s means each exchange or quotation system (as the Determination Agent may select) where trading has a material effect (as determined by the Determination Agent) on the overall market for futures or options contracts relating to the Share or, in any such case, any transferee or successor exchange of such exchange or quotation system.

  • 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.

  • NASDAQ means The Nasdaq Stock Market, Inc.

  • 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 market, or other place at which, or a facility by means of which—

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

  • 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.

  • Irish Stock Exchange means the Irish Stock Exchange Limited.