Common use of Appointment by NW Clause in Contracts

Appointment by NW. NW shall take all actions necessary to effect the appointment of Representatives and. Selling Firm Representative as may from time to time be identified by Distributor as qualified to serve as insurance agents of NW. NW reserves the right, in its reasonable discretion, to (i) refuse to appoint any Representative or Selling Firm Representative, (ii) refuse to renew any such appointment or (iii) terminate any appointment, consistent with its duties and responsibilities under applicable laws, rules and regulations. NW shall forward all appointment forms and applications to the appropriate state insurance department. NW shall maintain appointment files pertaining to appointed Representatives and Selling Firm Representatives. Distributor shall have access to such appointment files as needed.

Appointment by NW. NW shall take all actions necessary to effect the appointment of Representatives and. and Selling Firm Representative as may from time to time be identified by Distributor as qualified to serve as insurance agents of NW. NW reserves the right, in its reasonable discretion, to (i) refuse to appoint any Representative or Selling Firm Representative, (ii) refuse to renew any such appointment or (iii) terminate any appointment, consistent with its duties and responsibilities under applicable laws, rules and regulations. NW shall forward all appointment forms and applications to the appropriate state insurance department. NW shall maintain appointment files pertaining to appointed Representatives and Selling Firm Representatives. Distributor shall have access to such appointment files as needed.