Common use of Appointment of Sub-Agents Clause in Contracts

Appointment of Sub-Agents. General Agent is authorized to appoint sub-agents to solicit sales of the Plans hereunder. All sub-agents appointed by General Agent pursuant to this Agreement shall be duly licensed under the applicable insurance laws to sell the said Plans by the proper authorities within the applicable jurisdictions where General Agent proposes to offer the Plans and where Sun Life of Canada (U.S.) is duly authorized to conduct business. Sun Life of Canada (U.S.) will provide General Agent with a list which shows: (1) the jurisdictions where Sun Life of Canada (U.S.) is authorized to do business; and (2) any limitations on the availability of the Plans in any of such jurisdictions. General Agent agrees to fulfill all requirements set forth in the General Letter of Recommendation attached as Exhibit A in conjunction with the submission of licensing/appointment papers for all applicants as sub-agents submitted by General Agent.

Appears in 4 contracts

Samples: Type 1 (Sun Life of Canada U S Variable Account I), Marketing Coordination Agreement (Money Market Variable Account /Ma/), Sun Life of Canada U S Variable Account F

AutoNDA by SimpleDocs

Appointment of Sub-Agents. General Agent is authorized to appoint sub-agents to solicit sales of the Plans hereunder. All sub-agents appointed by General Agent pursuant to this Agreement shall be duly licensed under the applicable insurance laws to sell the said Plans by the proper authorities within the applicable jurisdictions where General Agent proposes to offer the Plans and where Sun Life of Canada (U.S.) is duly authorized to conduct business. Sun Life of Canada (U.S.) will provide General Agent with a list which shows: (1) the jurisdictions where Sun Life of Canada (U.S.) is authorized to do business; and (2) any limitations on the availability of the Plans in any of such jurisdictions. General Agent agrees to fulfill all requirements set forth in the General Letter of Recommendation attached as Exhibit A in conjunction with the submission of licensing/appointment papers for all applicants as set sub-agents submitted by General Agent.

Appears in 1 contract

Samples: Dealer Supervisory and Service Agreement (Money Market Variable Account /Ma/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.