Common use of Misdirected Payments Clause in Contracts

Misdirected Payments. In the event that Premiums or loan repayments are sent to the General Agent or any Agent, rather than to MONY America, the General Agent shall, or shall cause such Agent to, promptly remit such Premiums or loan repayments to MONY America.

Appears in 2 contracts

Samples: General Agent Sales Agreement (Mony Life Insurance Co of America), General Agent Sales Agreement (Mony America Variable Account L)

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Misdirected Payments. In the event that Premiums or loan repayments are sent to the General Agent or any Agent, rather than to MONY AmericaEquitable, the General Agent shall, or shall cause such Agent to, promptly remit such Premiums or loan repayments to MONY AmericaEquitable.

Appears in 2 contracts

Samples: General Agent Sales Agreement (Separate Account a of Equitable Life Assu Soc of the Us), General Agent Sales Agreement (Equitable Life Assurance Society of the United States /Ny/)

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Misdirected Payments. In the event that Premiums or loan repayments are sent to the General Agent or any Agent, rather than to MONY AmericaLife, the General Agent shall, or shall cause such Agent to, promptly remit such Premiums or loan repayments to MONY AmericaLife.

Appears in 1 contract

Samples: General Agent Sales Agreement (Mony Variable Account L)

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