Common use of Purpose and Background Clause in Contracts

Purpose and Background. The Underwriter, the Insurance Companies, Broker/Dealer and Selling Entities enter into this agreement for the purpose of authorizing Broker/Dealer, through certain of its life insurance licensed agents to solicit applications for such life insurance (including variable life), annuity contracts (including fixed, variable, and modified guaranteed annuity products), long term care insurance contracts and such other insurance products as shall be mutually agreed upon (collectively the "Insurance Contracts") as are listed on the Schedule Pages attached to this agreement as Exhibit 1 (the "Schedule Pages"). The Schedule Pages may be amended from time to time to add other Insurance Contracts.

Appears in 5 contracts

Samples: Selling Agreement (Travelers Fund Ul Iii for Variable Life Insurance), Selling Agreement (Travelers Fund Ul for Variable Life Insurance), Selling Agreement (Travelers Fund Bd Iii for Variable Annuities)

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Purpose and Background. The Underwriter, the Insurance Companies, Broker/Dealer and Selling Entities enter into this agreement for the purpose of authorizing Broker/Dealer, through certain of its life insurance licensed agents to solicit applications for such life insurance (including variable life), annuity contracts (including fixed, variable, and modified guaranteed annuity products), long term care insurance contracts and such other insurance products as shall be mutually agreed upon (collectively the "Insurance Contracts") as are listed on the Schedule Pages attached to this agreement as Exhibit 1 (the "Schedule Pages"). The Schedule Pages may be amended from time to time to add other Insurance Contracts.

Appears in 2 contracts

Samples: Selling Agreement (Travelers Fund Ul for Variable Life Insurance), Selling Agreement (Travelers Fund Abd for Variable Annuities)

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