Common use of LICENSING AND REGISTRATION Clause in Contracts

LICENSING AND REGISTRATION. SECTION 3. Each General Agent is hereby authorized to recommend Registered Representatives for appointment by the Insurance Companies and only individuals so recommended by a General Agent shall become Registered Representatives hereunder. Allmerica shall arrange for the Insurance Companies to apply for life insurance agent appointments in the appropriate jurisdictions for such recommended Registered Representatives. Until Contracts of First Allmerica are offered for sale, applications for appointments shall only be made on behalf of Allmerica Financial Life. Notwithstanding the foregoing, the Insurance Companies and Allmerica reserve the right to refuse to appoint any proposed Registered Representative and/or to terminate any Registered Representative who has been appointed by the Insurance Companies.

Appears in 12 contracts

Samples: Sales Agreement (Separate Account Va-P of Allmerica Fin Life Insur & Annu Co), Sales Agreement (Separate Account Va-K of Allmerican Fn Lf Ins & an Co), Sales Agreement (Separate Account Kg of Allmerica Fin Life Ins & Annuity Co)

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