Distributor Representatives Sample Clauses
The Distributor Representatives clause defines the requirements and responsibilities for individuals or entities authorized to act on behalf of the distributor. Typically, this clause outlines who may represent the distributor in negotiations, sales, or communications with the other party, and may require the distributor to provide a list of such representatives or notify the other party of any changes. Its core function is to ensure clarity and accountability in dealings between the parties by specifying who is authorized to act for the distributor, thereby reducing the risk of unauthorized actions or misunderstandings.
Distributor Representatives. No Distributor Representative shall solicit the sale of a Contract, or discuss the contracts with Selling Broker-Dealers, their Representatives, or their clients and prospects, unless at the time of such solicitation such individual is duly registered with FINRA and duly licensed with all applicable state insurance and securities regulatory authorities, and is duly appointed as an insurance agent of Insurer.
Distributor Representatives. The Distributor will not solicit applications from the public for the Contracts through Distributor Representatives.
Distributor Representatives. Distributor has the right to use independent representatives and distributors for the promotion, marketing, advertising and distribution of the Products. Distributor shall ensure that such representatives and distributors comply with this Agreement. Distributor has full responsibility for the actions and omissions of its representatives and distributors and an action or omission by a representative that would constitute a material breach of this Agreement by the Distributor will be treated as a material breach of this Agreement by Distributor and Supplier will have all of the remedies against Distributor set out in this Agreement for a material breach by Distributor.
Distributor Representatives. Distributor will solicit Applications from the public through Distributor Representatives. All Distributor Representatives shall be duly registered with the NASD as representatives of Distributor with authority to sell variable products, and shall be duly licensed as insurance agents with authority to sell variable products.
Distributor Representatives. Distributor has the right to use independent representatives and distributors for the promotion, marketing, advertising and distribution of the DBMs. Distributor shall ensure that such representatives and distributors comply with this Agreement. Distributor has full responsibility for the actions and omissions of its representatives and distributors and an action or omission by a representative that would constitute a material breach of this Agreement by the Distributor will be treated as a material breach of this Agreement by Distributor and Supplier will have all of the remedies against Distributor set out in this Agreement for a material breach by Distributor.
Distributor Representatives. Distributor has the right to use independent representatives and distributors for the promotion, marketing, advertising and distribution of the Products. Distributor shall ensure that such representatives and distributors comply with this Agreement. Distributor has full responsibility for the actions and omissions of its representatives and distributors and an action or omission by a representative that would constitute a material breach of this Agreement by the Distributor will be treated as a material breach of this Agreement by Distributor and Supplier will have all of the remedies against Distributor set out in this Agreement for a material breach by Distributor.