Examples of Pacific Mutual in a sentence
Pacific Mutual or PEN may refuse for any reason, by written notice to General Agent, to permit any Sub-agent the right to solicit applications for the sale of any of the Contracts.
Pacific Mutual, PEN, Selling Broker-Dealer and General Agent further agree to cooperate fully in any securities regulatory investigation or proceeding with respect to Pacific Mutual, PEN, Selling Broker-Dealer and General Agent, their affiliates and their agents or representatives to the extent that such investigation or proceeding is in connection with the Contracts distributed under this Agreement.
Pacific Mutual also has the right to amend any Contract at any time.
Pacific Mutual and PEN shall not have any responsibility for the training and supervision of any Sub-agent or any other employee of General Agent.
This Agreement shall be binding on and shall inure to the benefit of the parties to it and their respective successors and assigns provided that neither Selling Broker-Dealer nor General Agent may assign this Agreement or any rights or obligations hereunder without the prior written consent of Pacific Mutual.
Pacific Mutual, PEN, Selling Broker-Dealer and General Agent agree to cooperate fully in any insurance regulatory investigation or proceeding or judicial proceeding arising in connection with the Contracts distributed under this Agreement.
Such reduction shall be in an amount sufficient to cover any premium tax levied by cities and counties within the State of Kentucky which is over and above the premium tax paid by Pacific Mutual to the State of Kentucky.
However, General Agent shall be entitled to receive compensation for all new and additional premium payments which are in process at the time of termination, and shall continue to be liable for any charge-backs pursuant to the provisions of said Schedule B, or for any other amount advanced by or otherwise due Pacific Mutual or PEN hereunder.
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Upon termination of this Agreement, Selling Broker-Dealer and General Agent shall each use their best efforts to have all property of Pacific Mutual and PEN in Selling Broker-Dealer, General Agent or Sub-agents' possession promptly returned to Pacific Mutual or PEN, as the case may be.