UNDERSTOOD AND AGREED THAT Clause Samples
UNDERSTOOD AND AGREED THAT. If the Owner is a Trustee or successor Trustee under a tax qualified plan or the employer under a tax qualified non-trusteed plan, Northwestern Mutual Life will be fully discharged of liability for any action taken by the Owner in the exercise of any contract right and for all amounts paid to, or at the direction of, the Owner and will have no obligation as to the use of the amounts. In all dealings with the Owner, Northwestern Mutual Life will be fully protected against the claims of every other person. The first purchase payment will be credited the valuation date coincident with or next following the date both the application and the purchase payment are received at the Home Office. Receipt of purchase payments at a payment facility designated by Northwestern Mutual Life will be considered the same as receipt at the Home Office. If a Tax Qualified Employee Plan, an IRA or TDA is applied for, the Applicant and/or Annuitant have received and reviewed the appropriate ERISA, IRA or TDA disclosure statements. BACK-END DESIGN VARIABLE ANNUITY CONTRACTS HAVE PROVISIONS FOR THE ASSESSMENT OF SURRENDER CHARGES ON CASH WITHDRAWAL. No agent is authorized to make or alter contracts or to waive the rights or requirements of Northwestern Mutual Life. I acknowledge receipt of the Prospectus or Offering Circular and Report and I understand that all payments and values provided by this contract, when based on the investment experience of a separate account, are variable and are not guaranteed as to amount.
UNDERSTOOD AND AGREED THAT. If the Owner is a Trustee or successor Trustee under a tax qualified plan or the employer under a tax qualified non-trusteed plan, Northwestern Mutual Life will be fully discharged of liability for any action taken by the Owner in the exercise of any contract right and for all amounts paid to, or at the direction of, the Owner and will have no obligation as to the use of the amounts. In all dealings with the Owner, Northwestern Mutual Life will be fully protected against the claims of every other person. The premium will be credited the date both the entire premium and the application are received at the Home Office. Receipt of the premium at a payment facility designated by Northwestern Mutual Life will be considered the same as receipt at the Home Office. If a Tax Qualified Employee Plan, an IRA or TDA is applied for, the Applicant and/or Annuitant have received and reviewed the appropriate ERISA, IRA or TDA disclosure statements. FIXED ANNUITY - SINGLE PREMIUM RETIREMENT ANNUITY POLICIES HAVE PROVISIONS FOR THE ASSESSMENT OF SURRENDER CHARGES ON CASH WITHDRAWAL. No agent is authorized to make or alter contracts or to waive the rights or requirements of Northwestern Mutual Life. X__________________________________________________________________ X_______________________________________________ Signature of Applicant (Indicate relationship below if applicable) Signature of Annuitant (if other than Applicant) [ ] Trustee [ ] Employer X_______________________________________________ Signature of Licensed Agent Date Signed at: City County State | | | | | | | | ___________________________________________________________________________________________________________________________ 50 -------------------------------------------------------------------------------- AGENT'S CERTIFICATE -------------------------------------------------------------------------------- Annuitant Name: First, MI, Last A | |_____________________________________________________________________
1. To the best of your knowledge will the annuity applied for replace any life insurance or annuity contract in this company or elsewhere? [ ] YES [ ] NO
2. On |__________ the following Prospectus or Offering Circular and Report was delivered: [ ] ACCOUNT A OFFERING CIRCULAR DATED______________AND REPORT DATED _____________(CORPORATE PENSION PLANS) [ ] ACCOUNT A PROSPECTUS DATED______________(PARTNERSHIP OR SOLE PROPRIETORSHIP PENSION PLANS) [ ] ACCOUNT B PROSPECTUS DATED______________(ALL OTHE...
UNDERSTOOD AND AGREED THAT. EACH AND EVERY PROVISION OF THIS AGREEMENT WHICH PROVIDES FOR A LIMITATION OF LIABILITY, DISCLAIMER OF WARRANTIES, OR EXCLUSION OF DAMAGES IS INTENDED BY THE PARTIES TO BE SEVERABLE AND INDEPENDENT OF ANY OTHER PROVISION AND TO BE ENFORCED AS SUCH.
UNDERSTOOD AND AGREED THAT. If the Owner is a Trustee or successor Trustee under a tax qualified plan or the employer under a tax qualified non-trusteed plan, Northwestern Mutual Life will be fully discharged of liability for any action taken by the Owner in the exercise of any contract right and for all amounts paid to, or at the direction of, the Owner and will have no obligation as to the use of the amounts. In all dealings with the Owner, Northwestern Mutual Life will be fully protected against the claims of every other person.
UNDERSTOOD AND AGREED THAT the approval of the project by the Department is subject to the conditions of this Agreement.
UNDERSTOOD AND AGREED THAT. The term of this Lease shall be Two (2) year(s), unless sooner terminated as provided herein, and shall commence on August 1, 2004 and expire on July 31, 2006. The grant of any extension or renewal, as well as its terms and conditions, shall be at the sole discretion of Lessor.
UNDERSTOOD AND AGREED THAT. This agreement contains the entire agreement of the parties, and there are no other promises or conditions in any other agreeement whether oral or written. This agreement shall be governed by the laws of the State of New Jersey. Client agrees to have all real and personal property adequately insured throughout the staging process and staged period. You should read and understand this agreement. It is a legal and binding contract.