Common use of Commission Statements Clause in Contracts

Commission Statements. Broker-Dealer will be provided with copies of its Representatives' commission statements together with Broker-Dealer's own commission statement for each commission payment period in which commissions are payable. Broker-Dealer agrees that, except as to clerical errors and material undisclosed facts, if any, such statements constitutes a complete and accurate statement of the commission account unless written notice is provided to Insurer within 120 days after the date of the statement, which notice specifically sets forth the objections or exceptions thereto.

Appears in 5 contracts

Samples: Selling Agreement (Reliastar Bankers Security Life Insurance Co), Selling Agreement (Reliastar Bankers Security Life Insurance Co), Selling Agreement (Reliastar Bankers Security Life Insurance Co)

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Commission Statements. Broker-Dealer will be provided with copies of its Representatives' commission statements together with Broker-Dealer's own commission statement statements for each commission payment period in which commissions are payable. Broker-Dealer agrees that, except as to clerical errors and material undisclosed facts, if any, such statements constitutes a complete and accurate statement of the commission account unless written notice is provided to Insurer within 120 days after the date of the statement, which notice specifically sets forth the objections or exceptions thereto.

Appears in 3 contracts

Samples: Selling Agreement (Reliastar Bankers Security Life Insurance Co), Selling Agreement (Reliastar Bankers Security Life Insurance Co), Selling Agreement (Reliastar Bankers Security Life Insurance Co)

Commission Statements. Broker-Broker Dealer will be provided with copies of its Representatives' commission statements together with Broker-Broker Dealer's own commission statement statements for each commission payment period in which commissions are payable. Broker-Broker Dealer agrees that, except as to clerical errors and material undisclosed facts, if any, such statements constitutes a complete and accurate statement of the commission account unless written notice is provided to Insurer within 120 days after the date of the statement, which notice specifically sets forth the objections or exceptions thereto.

Appears in 2 contracts

Samples: Broker Dealer Selling Agreement (Reliastar Life Insur Co of Ny Var Annuity Separate Acct Ii), Broker Dealer Agency Selling Agreement (Select Life Variable Account)

Commission Statements. Broker-Broker Dealer will be provided with copies of its Representatives' commission statements together with Broker-Broker Dealer's own commission statement for each commission payment period in which commissions are payable. Broker-Broker Dealer agrees that, except as to clerical errors and material undisclosed facts, if any, such statements constitutes a complete and accurate statement of the commission account unless written notice is provided to Insurer within 120 days after the date of the statement, which notice specifically sets forth the objections or exceptions thereto.

Appears in 1 contract

Samples: Broker Dealer Agency Selling Agreement (Select Life Variable Account)

Commission Statements. Broker-/Dealer will be provided with copies of its Representatives' commission statements together with Broker-/Dealer's own commission statement statements for each commission payment period in which commissions are payable. Broker-Dealer agrees that, except Except as to clerical errors and material undisclosed facts, if any, such statements statement constitutes a complete and accurate statement of the commission account unless written notice is provided to Insurer within 120 days after the date of the statement, which notice specifically sets forth the objections or exceptions thereto.

Appears in 1 contract

Samples: Selling Agreement (Separate Account One of Northern Life Insurance Co)

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Commission Statements. Broker-Broker Dealer will be provided with copies of its Representatives' commission statements together with Broker-Broker Dealer's own commission statement for each commission payment period in which commissions are payable. Broker-Broker Dealer agrees that, except as to clerical errors and material undisclosed facts, if any, such statements constitutes constitute a complete and accurate statement of the commission account unless written notice is provided to Insurer within 120 days after the date of the statement, which notice specifically sets forth the objections or exceptions thereto.

Appears in 1 contract

Samples: Broker Dealer Selling Agreement (Reliastar Life Insur Co of Ny Var Annuity Separate Acct Ii)

Commission Statements. Broker-/Dealer will be provided with copies of its Representatives' commission statements together with Broker-/Dealer's own commission statement for each commission payment period in which commissions are payable. Broker-/Dealer agrees that, except as to clerical errors and material undisclosed facts, if any, such statements constitutes constitute a complete and accurate statement of the commission account unless written notice is provided to Insurer within 120 days after the date of the statement, which notice specifically sets forth the objections or exceptions thereto.

Appears in 1 contract

Samples: Agency Selling Agreement (Reliastar Select Life Variable Account)

Commission Statements. Broker-/Dealer will be provided with copies of its Representatives' commission statements together with Broker-/Dealer's own commission statement statements for each commission payment period in which commissions are payable. Broker-/Dealer agrees that, except as to clerical errors and material undisclosed facts, if any, such statements constitutes constitute a complete and accurate statement of the commission account unless written notice is provided to Insurer within 120 days after the date of the statement, which notice specifically sets forth the objections or exceptions thereto.

Appears in 1 contract

Samples: Reliastar Life Ins Co of New York Var Life Sep Acct I

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