Common use of Fees and Commission Clause in Contracts

Fees and Commission. 4.1 RUL will notify to the Intermediary in writing the types of Policy in relation to which RUL will accept business from the Intermediary. RUL may amend such Policy types from time to time on the number of days’ notice set out in Schedule 1, or on immediate notice if changes are required by RUL for legal reasons or in order to comply with any Regulatory Requirement or for any reason relating to reinsurance arrangements. RUL will pay fees and/or commission only in respect of such types of Policy.

Appears in 4 contracts

Samples: Terms of Business Agreement for Intermediaries, Terms of Business Agreement for Intermediaries, Terms of Business Agreement

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