Equitable Companies definition

Equitable Companies means Equitable Gas Company, LLC and Equitable Homeworks, LLC; provided that after the effectiveness of the EQT Acquisition, the assets and liabilities of the referenced entities may be transferred among such entities and several other wholly-owned Subsidiaries of the Company, in which case, “Equitable Companies” shall mean all such entities.
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Examples of Equitable Companies in a sentence

  • The General Agent shall furnish the AXA Equitable Companies with proof of proper licensing of such individual or other proof, reasonably acceptable to the AXA Equitable Companies, of satisfaction by such individual of licensing requirements prior to the appointment of any such individual as an agent of any AXA Equitable Company.

  • The Broker-Dealer assigns any proceeds received from the fidelity bonding company to the AXA Equitable Companies to the extent of each AXA Equitable Company’s loss due to activities covered by the bond.

  • The Broker-Dealer and the General Agent shall neither use nor authorize the use of any promotional, sales or advertising material relating to the Contracts, the Equitable Companies, the Variable Accounts, the MVA Interests or the Trust without the prior written approval of the Distributor.

  • The Broker-Dealer shall be responsible for securities training, supervision and control of the Agents in connection with their solicitation activities and any incidental services with respect to the Contracts and shall supervise Agents’ strict compliance with applicable federal and state securities laws and FINRA requirements in connection with such solicitation activities and with the rules and procedures of the AXA Equitable Companies.

  • All Premiums and loan repayments shall be sent promptly (and in any event not later than two business days after receipt) to the appropriate Equitable Company at the address indicated in the rules and procedures of the Equitable Companies, or at such other address as the Equitable Companies or the Distributor may subsequently specify in writing.

  • The Broker-Dealer and the General Agent shall notify the Distributor and the AXA Equitable Companies immediately in writing if Broker-Dealer and/or the General Agent fail to comply with any of the laws and regulations applicable to either of them.

  • In the event that Premiums or loan repayments are sent to the General Agent or the Broker-Dealer, rather than to the appropriate AXA Equitable Company, the General Agent and the Broker-Dealer shall promptly (and in any event, within two business days) remit such Premiums to the appropriate AXA Equitable Company at the address indicated in the rules and procedures of the AXA Equitable Companies.

  • The General Agent shall furnish the Equitable Companies with proof of proper licensing of such individual or other proof, reasonably acceptable to the Equitable Companies, of satisfaction by such individual of licensing requirements prior to the appointment of any such individual as an agent of any Equitable Company.

  • Neither the Distributor nor the Equitable Companies shall have any responsibility or liability for any action taken or omitted by it or by them in good faith in reliance on or by acceptance of such an instruction or action.

  • In the case of any payment of compensation payable with respect to Contract value or client services, the Broker-of-Record shall be the party designated as such in the records of an Equitable Company, in accordance with the rules and procedures of the Equitable Companies at the time any such payment is payable.