NO COMPENSATION PAYABLE Sample Clauses
NO COMPENSATION PAYABLE. The Band agrees with Canada and Saskatchewan that neither Saskatchewan nor Canada shall be required to compensate any Urban Municipality or Northern Municipality (or any affected School Division) or any other authority on whose behalf taxes are levied with respect to any loss of taxation revenues or grants-in-lieu of taxes experienced by such Urban Municipality, Northern Municipality or affected School Division except on Taxable Land and that any arrangement for compensation in respect to land that is not Taxable Land shall be the sole responsibility of the Band.
NO COMPENSATION PAYABLE. Notwithstanding the foregoing, no compensation shall be payable with respect to a Purchase Payment, and any compensation already paid by AGL hereunder shall either be promptly returned by check payable to AGL on request or will be deducted by AGL from future payments due under this Schedule C(1), under each of the following conditions:
(a) if AGL, in its sole discretion, determines not to issue the Contract applied for or rescinds the Contract;
(b) if the Contract Owner returns the Contract pursuant to the "Free Look" provision of the Contract;
(c) if a Purchase Payment is received within 60 days following a prior partial withdrawal, and such Purchase Payment is reasonably believed to be a reinvestment of the prior partial withdrawal;
(d) if AGL refunds the Purchase Payment as a result of a complaint or grievance;
(e) if AGL or AGSI determines that any Sales Person signing an application or any person or entity receiving compensation for soliciting purchases of the Contracts is not duly licensed to sell the Contracts in the state or jurisdiction of such attempted sale and registered or otherwise qualified under the 1934 Act and rules thereunder and any applicable state laws and rules governing broker-dealers and their related persons. In addition, if AGL determines that any Contract applied for is a replacement of any insurance or annuity product issued by AGL or any of its affiliates, AGL reserves the right not to pay any compensation and to require the return of any compensation already paid.
NO COMPENSATION PAYABLE. Notwithstanding the foregoing, no compensation shall be payable, and any compensation already paid by AGNY hereunder shall either be promptly returned by check payable to AGNY on request or will be deducted by AGNY from future payments due under this Schedule C, under each of the following conditions:
(a) if AGNY, in its sole discretion, determines not to issue the Contract applied for or rescinds the Contract;
(b) if the Contract owner returns the Contract pursuant to the "Free Look" provision of the Contract;
(c) if a Purchase Payment is received within 60 days following a prior partial withdrawal, and such Purchase Payment is reasonably believed to be a reinvestment of part or all of the prior partial withdrawal;
(d) if AGNY refunds all or any portion of the Purchase Payment as a result of a complaint or grievance;
(e) if the Contract owner, at the time the Contract is purchased, is (i) an employee or registered representative (or the spouse or minor child of an employee or registered representative) of any broker-dealer authorized to sell the Contracts, or (ii) is an officer, director, or bona-fide employee of AGNY, AGSI, or any of their company affiliates, or DISTRIBUTOR; provided, however, that the owner shall have completed, at the time the Contract is purchased, appropriate documents supplied by AGNY which provide for a waiver of all surrender charges; or
(f) if AGNY or AGSI determines that any Sales Person signing an application or any person or entity receiving compensation for soliciting purchases of the Contracts is not duly licensed to sell the Contracts in the state or jurisdiction of such attempted sale and registered or otherwise qualified under the 1934 Act and rules thereunder and any applicable state laws and rules governing broker-dealers and their related persons. In addition, if AGNY determines that any Contract applied for is a replacement of any insurance or annuity product issued by AGNY or any of its affiliates, AGNY reserves the right not to pay any compensation and to require the return of any compensation already paid.
NO COMPENSATION PAYABLE. No compensation shall be payable:
NO COMPENSATION PAYABLE. No compensation shall be payable:
(i) if USL, in its sole discretion, determines not to issue the Certificate applied for or rescinds the Certificate;
(ii) if USL refunds all or any portion of the Purchase Payments as a result of a complaint or grievance;
(iii) if USL determines that a Purchase Payment made within 60 days following a prior partial withdrawal, including systematic withdrawals, is reasonably believed to be a reinvestment of part or all of the prior partial withdrawal;
(iv) if the Owner, at the time the Certificate is purchased, is a bona- fide employee of USL; provided, however, that the Owner shall have completed, at the time the Certificate is purchased, appropriate documents supplied by USL which provide for a waiver of all surrender charges; or
(v) if USL or Distributor determines that any sales person signing an application or any person or entity receiving compensation for soliciting purchases of the Certificates is not duly licensed to sell the Certificates in the state or jurisdiction of such attempted sale and registered or otherwise qualified under the 1934 Act and rules thereunder any applicable state laws and rules governing broker- dealer and their related persons.
NO COMPENSATION PAYABLE. No compensation shall be payable, and any compensation already paid shall be returned to Equitable on request, under each of the following conditions:
(a) if Equitable or EVLICO, in its sole discretion, determines not to issue the Certificates or Variable Contracts applied for,
(b) if Equitable or EVLICO refunds the contribution paid by the applicant, which Equitable or EVLICO will do by check to the applicant upon the exercise of applicant's right of withdrawal,
(c) if Equitable or EVLICO refunds the contribution paid by the applicant, which Equitable or EVLICO will do by check to the applicant, as a result of a complaint by applicant, recognizing that Equitable and EVLICO have sole discretion to refund contributions paid by applicants, or
(d) if Equitable determines that any person signing an application or any person or entity receiving compensation for soliciting purchases of EQUIVEST or other Variable Contracts is not duly licensed to sell life insurance (and to sell variable contracts if required by the state in question). If Equitable determines that any Certificate or Variable Contract applied for is a replacement of any insurance or annuity product issued by Equitable or any of its affiliates, Equitable reserves the right not to pay any compensation and to request the return of any compensation already paid.
NO COMPENSATION PAYABLE. No compensation shall be payable: o if AGNY, in its sole discretion, determines not to issue the Contract applied for or rescinds the Contract;
NO COMPENSATION PAYABLE. 15.1 No compensation shall be payable by the Council as a result of the obligations contained in this Deed.