Common use of Licenses and Approvals Clause in Contracts

Licenses and Approvals. For the sale of Variable Contracts, Broker represents and warrants that it is a registered broker-dealer under the 1934 Act, has all necessary broker-dealer licenses, is a member in good standing with the NASD, and has obtained any other approvals, licenses, authorizations, orders or consents which are necessary to enter into this Agreement and to perform its duties hereunder. Broker further represents that its Representatives who shall be soliciting applications for Variable Contracts, shall at all times as required by Applicable Laws be appropriately registered and/or licensed under such laws and shall comply with Applicable Laws, including without limitation, the NASD Conduct Rules and all insurance replacement regulations and regulations prohibiting the rebating of commissions.

Licenses and Approvals. For the sale of Variable Contracts, Broker represents and warrants that it is a registered broker-dealer under the 1934 Act, has all necessary broker-dealer licenses, is a member in good standing with the NASD, and has obtained any other approvals, licenses, authorizations, orders or consents which are necessary to enter into this Agreement and to perform its duties hereunder. Broker further represents that its Representatives who shall be soliciting applications for Variable Contracts, whether alone or jointly with representatives of Company or its designee, shall at all times as required by Applicable Laws be appropriately registered and/or licensed under such laws and shall comply with Applicable Laws, including without limitation, the NASD Conduct Rules and all insurance replacement regulations and regulations prohibiting the rebating of commissions.

Licenses and Approvals. For the sale of Variable Contracts, Broker ---------------------- represents and warrants that it is a registered broker-dealer under the 1934 Act, has all necessary broker-dealer licenses, is a member in good standing with the NASD, and has obtained any other approvals, licenses, authorizations, orders or consents which are necessary to enter into this Agreement and to perform its duties hereunder. Broker further represents that its Representatives who shall be soliciting applications for Variable Contracts, shall at all times as required by Applicable Laws be appropriately registered and/or licensed under such laws and shall comply with Applicable Laws, including without limitation, the NASD Conduct Rules and all insurance replacement regulations and regulations prohibiting the rebating of commissions.

Licenses and Approvals. For the sale of Variable Contracts, Broker ______________________ represents and warrants that it is a registered broker-dealer under the 1934 Act, has all necessary broker-dealer licenses, is a member in good standing with the NASD, and has obtained any other approvals, licenses, authorizations, orders or consents which are necessary to enter into this Agreement and to perform its duties hereunder. Broker further represents that its Representatives who shall be soliciting applications for Variable Contracts, shall at all times as required by Applicable Laws be appropriately registered and/or licensed under such laws and shall comply with Applicable Laws, including without limitation, the NASD Conduct Rules and all insurance replacement regulations and regulations prohibiting the rebating of commissions.