General Agent definition

General Agent in this Agreement shall refer to Broker-Dealer, which shall undertake all the duties, responsibilities and privileges of General Agent under this Agreement;

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General Agent means an agent of the Company whose relationship is determined by a General Agent’s Agreement wherein the General Agent is required to devote his full-time business activities in the hiring, supervision and management of life insurance agents who sell, administer and service the policies and contracts of the Employer.

General Agent. Shall have the meaning given to such term as described in Section III(A)(20) of this Agreement.

Examples of General Agent in a sentence

• In the event either the Company or the Reinsurer and/or the General Agent fails to choose an Arbiter within this time period, the Party who has chosen its Arbiter may choose the unchosen Arbiter.

• Each of the Company, on the one hand, and the Reinsurer and/or the General Agent, on the other hand, shall choose an Arbiter within 30 days following a written request by the other Party to name an Arbiter.

• Section 4.02 For the avoidance of doubt, the provisions included in Section 4.01 in no way limit the reinsurance received by the Company under this Agreement, and the Policies are reinsured 100% in the event the General Agent accepts proposals or binds the Company for insurance coverage on the risks set forth in Section 4.01(a).

• Each of the Company, on the one hand, and the Reinsurer and/or the General Agent, on the other hand, shall submit initial briefs to the Arbiters and the Umpire outlining the issues in dispute, and the basis, authority and reasons for their respective positions within 60 days of the date of the Umpire’s notice of appointment, unless the Parties mutually consent to or the Umpire orders a different date for the submission of the initial briefs.

• Accordingly, the Company shall not be liable to the General Agent or the Reinsurer for premiums, certain fees, funds, recoveries or other sums having been paid to it, unless the Company, having received such premiums, fees, recoveries or other sums from any Person, has for any reason or no reason failed to remit them to the Reinsurer.

More Definitions of General Agent

General Agent means an "Agent" designated by and on file with the "Additional Insured" as a General Agent.

General Agent means an individual or legal entity who is:

General Agent. A licensed insurance brokerage firm, qualified and operating under the laws of the state of California, with a network of affiliated Agents in the state of California, that is contracted with Covered California. Grace Period – A specified time following the premium due date during which coverage remains in force and an Enrollee or Employer or other authorized person or entity may pay the premium without penalty.

General Agent shall have the meaning set forth in the preamble of this Amended and Restated Agreement.

General Agent means an individual or legal entity that is:

General Agent means a ship agent appointed by the ship owner or carrier in the liner service for all voyages and covered by a General Agency Agreement whereby the agent assumes the role and responsibility of its principal within the Philippine territory including, but not limited to, solicitation of cargo and freight, payment of discharging or loading expenses, collection of shipping charges and issuing/releasing bills of lading and cargo manifest;

General Agent means the general agent as defined in the Loan Agreements;