Common use of Nature of Services Clause in Contracts

Nature of Services. The Distributor and the Broker-Dealer agree that the Distributor’s payments pursuant to this Agreement are only for the services listed in Section 1(a) herein and do not constitute payment in any manner for investment advisory services or for administrative services. The Distributor and the Broker-Dealer agree that this Agreement does not preclude the Trust or Distributor from contracting separately with the Broker-Dealer to provide other services to the Trust or Distributor.

Appears in 13 contracts

Samples: Distribution Services Agreement (Principal Life Insurance Co Variable Life Separate Account), Distribution Services Agreement (Lincoln Variable Insurance Products Trust), Distribution Services Agreement (Lincoln Variable Insurance Products Trust)

AutoNDA by SimpleDocs

Nature of Services. The Distributor and the Broker-Dealer Company agree that the Distributor’s payments pursuant to this Agreement are only for the services listed in Section 1(a) herein and do not constitute payment in any manner for investment advisory services or for administrative services. The Distributor and the Broker-Dealer Company agree that this Agreement does not preclude the Trust or Distributor from contracting separately with the Broker-Dealer Company to provide other services to the Trust or Distributor.

Appears in 4 contracts

Samples: Distribution Services Agreement (Lincoln Variable Insurance Products Trust), Distribution Services Agreement (Lincoln Variable Insurance Products Trust), Distribution Services Agreement (Lincoln Variable Insurance Products Trust)

Nature of Services. The Distributor and the Broker-Dealer Company agree that the Distributor’s 's payments pursuant to this Agreement are only for the services listed in Section 1(a) herein and do not constitute payment in any manner for investment advisory services or for administrative services. The Distributor and the Broker-Dealer Company agree that this Agreement does not preclude the Trust or Distributor from contracting separately with the Broker-Dealer Company to provide other services to the Trust or Distributor.

Appears in 2 contracts

Samples: Distribution Services Agreement (Lincoln Variable Insurance Products Trust), Distribution Services Agreement (Lincoln Variable Insurance Products Trust)

Nature of Services. The Distributor and the Broker-Dealer Dealers agree that the Distributor’s payments pursuant to this Agreement are only for the services listed in Section 1(a) herein and do not constitute payment in any manner for investment advisory services or for administrative services. The Distributor and the Broker-Dealer Dealers agree that this Agreement does not preclude the Trust or Distributor from contracting separately with the Broker-Dealer Dealers to provide other services to the Trust or Distributor.

Appears in 2 contracts

Samples: Distribution Services Agreement (Lincoln Variable Insurance Products Trust), Distribution Services Agreement (C M Life Variable Life Separate Account I)

AutoNDA by SimpleDocs

Nature of Services. The Distributor and the Broker-Dealer agree that the Distributor’s 's payments pursuant to this Agreement are only for the services listed in Section 1(a) herein and do not constitute payment in any manner for investment advisory services or for administrative services. The Distributor and the Broker-Dealer agree that this Agreement does not preclude the Trust or Distributor from contracting separately with the Broker-Dealer to provide other services to the Trust or Distributor.

Appears in 1 contract

Samples: Distribution Services Agreement (Lincoln Variable Insurance Products Trust)

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