Common use of New Products Clause in Contracts

New Products. AGL and Distributor may propose, and AGL may issue additional or successor products, in which event Selling Group Member will be informed of the product and its related concession schedule. If Selling Group Member does not agree to distribute such product(s), it must notify Distributor in writing within 10 days of receipt of the Concession Schedule for such product(s). If Selling Group Member does not indicate disapproval of the new product(s) or the terms contained in the related Concession Schedule, Selling Group Member will be deemed to have thereby agreed to distribute such product(s) and agreed to the related Concession Schedule which shall be attached to and made a part of this Agreement.

Appears in 3 contracts

Samples: Selling Group Agreement (Agl Separate Account Vl R), Selling Group Agreement (Agl Separate Account Vl R), Selling Group Agreement (Agl Separate Account Vul-2)

AutoNDA by SimpleDocs

New Products. AGL and Distributor may propose, and AGL may issue additional or successor products, in which event Selling Group Member will be informed of the product and its related concession schedule. will be provided with a Concession Schedule for the new product(s).. If Selling Group Member does not agree to distribute such the new product(s)) on the terms set forth, it must notify Distributor in writing within 10 30 days of receipt of the Concession Schedule for such product(s). If Selling Group Member does not indicate disapproval of the new product(s) or the terms contained in the related Concession Scheduleprovide such written notification, Selling Group Member will be deemed to have thereby agreed to distribute such product(s) and agreed to the related Concession Schedule which shall be attached to and made a part of this Agreement.

Appears in 2 contracts

Samples: Selling Group Agreement (American General Life Insurance Co Separate Account D), Selling Group Agreement (American General Life Insurance Co Separate Account D)

New Products. AGL and Distributor may propose, and AGL may issue additional or successor products, in which event Selling Group Member will be informed of the product and its related concession schedule. If Selling Group Member does not agree to distribute such product(s), it must notify Distributor in writing within 10 30 days of receipt of the Concession Schedule for such product(s). If Selling Group Member does not indicate disapproval of the new product(s) or the terms contained in the related Concession Schedule, Selling Group Member will be deemed to have thereby agreed to distribute such product(s) and agreed to the related Concession Schedule which shall be attached to and made a part of this Agreement.

Appears in 1 contract

Samples: Selling Group Agreement (American General Life Insurance Co Separate Account Vl R)

New Products. AGL AGNY and Distributor may propose, and AGL AGNY may issue additional or successor products, in which event Selling Group Member will be informed of the product and its related concession schedule. If Selling Group Member does not agree to distribute such product(s), it must notify Distributor in writing within 10 30 days of receipt of the Concession Schedule for such product(s). If Selling Group Member does not indicate disapproval of the new product(s) or the terms contained in the related Concession Schedule, Selling Group Member will be deemed to have thereby agreed to distribute such product(s) and agreed to the related Concession Schedule which shall be attached to and made a part of this Agreement.

Appears in 1 contract

Samples: Selling Group Agreement (American General Life Insurance Co of New York Separ Acct E)

New Products. AGL and Distributor may propose, and AGL may issue additional or successor products, in which event Selling Group Member will be informed of the product and its related concession schedulewill be provided with a Concession Schedule for the new product(s). If Selling Group Member does not agree to distribute such the new product(s)) on the terms set forth, it must notify Distributor in writing within 10 30 days of receipt of the Concession Schedule for such product(s). If Selling Group Member does not indicate disapproval of the new product(s) or the terms contained in the related Concession Scheduleprovide such written notification, Selling Group Member will be deemed to have thereby agreed to distribute such product(s) and agreed to the related Concession Schedule which shall be attached to and made a part of this Agreement.

Appears in 1 contract

Samples: Selling Group Agreement (Agl Separate Account D)

AutoNDA by SimpleDocs

New Products. AGL USL and Distributor may propose, and AGL USL may issue additional or successor products, in which event Selling Group Member will be informed of the product and its related concession schedule. If Selling Group Member does not agree to distribute such product(s), it must notify Distributor in writing within 10 30 days of receipt of the Concession Schedule for such product(s). If Selling Group Member does not indicate disapproval of the new product(s) or the terms contained in the related Concession Schedule, Selling Group Member will be deemed to have thereby agreed to distribute such product(s) and agreed to the related Concession Schedule which shall be attached to and made a part of this Agreement.

Appears in 1 contract

Samples: Selling Group Agreement (U S Life Insurance Co in City of Ny Sep Act Usl Va-R)

New Products. AGL USL and Distributor may propose, and AGL USL may issue additional or successor products, in which event Selling Group Member will be informed of the product and its related concession schedule. If Selling Group Member does not agree to distribute such product(s), it must notify Distributor in writing within 10 days of receipt of the Concession Schedule for such product(s). If Selling Group Member does not indicate disapproval of the new product(s) or the terms contained in the related Concession Schedule, Selling Group Member will be deemed to have thereby agreed to distribute such product(s) and agreed to the related Concession Schedule which shall be attached to and made a part of this Agreement.

Appears in 1 contract

Samples: Selling Group Agreement (U S Life Insurance Co in City of Ny Sep Act Usl Va-R)

Time is Money Join Law Insider Premium to draft better contracts faster.