Applications for Contracts Sample Clauses
The "Applications for Contracts" clause defines the process and requirements for submitting formal requests to enter into contractual agreements. Typically, this clause outlines the necessary documentation, eligibility criteria, and procedural steps that applicants must follow to be considered for a contract. For example, it may specify deadlines, required forms, or supporting materials that need to be provided. Its core practical function is to ensure a standardized and transparent method for evaluating and processing contract applications, thereby reducing confusion and promoting fairness among potential parties.
Applications for Contracts. All applications for Contracts are subject to acceptance or rejection by Federal Life at its sole discretion. If rejected, Federal Life will refund the initial payment to the Selling Firm for the benefit of the purchaser if the Selling Agreement so provides; otherwise, Federal Life will refund the purchase payment directly to the purchaser.
Applications for Contracts. The Trustee shall be the applicant, owner and beneficiary for all Contracts required under the terms of the Plan. Any Contract distributed from the Plan must be nontransferable. The terms of any Contract purchased and distributed by the Plan to a Participant or spouse shall comply with the requirements of the Plan. The Trustee shall not be responsible for the validity or execution of Contracts, failure of an Insurer to pay proceeds when due or failure of any policy to meet requirements or conform to the provisions of the Plan.
Applications for Contracts. All applications for CDAs are subject to acceptance or rejection by Merit at its sole discretion. Execution version
Applications for Contracts. All applications for Contracts shall be made on application forms prepared by Charter National, and shall be sent by the applicants directly to Charter. All applications are subject to acceptance or rejection by Charter National at its sole discretion.
Applications for Contracts. All applications for Contracts shall be made on application forms prepared by First Charter, and shall be sent by the applicants directly to First Charter. All applications are subject to acceptance or rejection by First Charter at its sole discretion.
Applications for Contracts. Dealer is hereby authorized to solicit applications for variable contracts through its registered representatives who are duly licensed or appointed with ONLI and ONLAC (the "REPRESENTATIVES"). Applications, together with any and all purchase payments thereon, shall be submitted by Dealer to ONLI or ONLAC, as the case may be, in accordance with the insurer's customary rules for the acceptance of contracts. All applications submitted to Dealer by Representatives shall in turn be promptly transmitted to ONLI or ONLAC. Dealer shall cause the Representatives to comply with all procedures established by ONEQ, ONLI or ONLAC for soliciting, completing and transmitting applications and orders and shall comply with ONLI's or ONLAC's rules and practices in regards to insurance underwriting and acceptance of risks. Dealer's authority to solicit applications for variable contracts is limited to those contracts described in the Compensation Supplement or Supplements added to and made a part of this agreement.