Parties' Control of Business and Operations Sample Clauses

Parties' Control of Business and Operations. The performance or -------------------------------------------- receipt of services pursuant to this Agreement shall in no way impair the absolute control of the business and operations of each of the parties and their respective Affiliates by their own Board of Directors. In reliance on the representations set forth and in consideration of the undertakings described, the parties represented below do hereby contract and agree.
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Parties' Control of Business and Operations. The performance or receipt of services pursuant to this Agreement shall in no way impair the absolute control of the business and operations of each of the parties and their respective Affiliates by their own Board of Directors. In reliance on the representations set forth and in consideration of the undertakings described, the parties represented below do hereby contract and agree. “PRINCIPAL UNDERWRITER” BRIGHTHOUSE SECURITIES, LLC By Date Address: Brighthouse Securities, LLC 00000 Xxxxx Xxxxxxxxx Xxxxx Xxxx Xxxxxxxxx, XX 00000 Fax #: “BROKER DEALER” (Broker Firm) By Print Name & Title Date Address: Fax #: Enterprise Selling Agreement 9-16 EXHIBIT A Schedule of Variable Product and Compensation [TO BE INSERTED] EXHIBIT B Schedule of Fixed Product and Compensation [TO BE INSERTED] EXHIBIT C ASSOCIATED INSURANCE AGENCY The Broker/Dealer named below (“Broker”), having executed a Retail Sales Agreement (the “Agreement”) by and between Broker, and Brighthouse Securities, LLC (the “Company”) dated that, among other things, provides for sales of Company’s or its Affiliates’ Contracts through a designated associated insurance agency or agencies, hereby designates the associated insurance agency(s) (the “Associated Insurance Agency(s)”) named below as its Agency (as that term is defined in the Agreement) pursuant to Article III thereof. By signing this Exhibit C, each of Broker and the Associated Insurance Agency(s) hereby represents and warrants that each of the Associated Insurance Agency(s) is and will remain qualified to serve as an Agency in accordance with the terms of the Agreement. Each of the Associated Insurance Agency(s) hereby acknowledge that it has received a copy of the Agreement, that it has reviewed the Agreement and understands all of its terms, covenants and agreements, that it has had the opportunity to consult with counsel of choice relative thereto and that it agrees to be bound by and subject to the terms of the Agreement. Without limiting the foregoing, Broker-Dealer and Insurance Agent represent that they are in compliance with the terms and conditions of Xxxxxx & Xxxxxx (sub. nom. First of America Brokerage Service, Inc.) (avail. Sept. 28, 1995) issued by the Staff of the SEC with respect to the non-registration as a broker-dealer of an insurance agency associated with a registered broker-dealer. Broker-Dealer and Insurance Agent shall notify Distributor immediately in writing if Broker-Dealer and/or Insurance Agent fail to comply with a...
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Parties' Control of Business and Operations. The performance or -------------------------------------------- receipt of services pursuant to this Agreement shall in no way impair the absolute control of the business and operations of each of the parties and their respective Affiliates by their own Board of Directors. In reliance on the representations set forth and in consideration of the undertakings described, the parties represented below do hereby contract and agree. "PRINCIPAL UNDERWRITER" BRIGHTHOUSE SECURITIES, LLC ---------------------------------- By ------------------------------- ---------------------------------- Date ----------------------------- Address: Brighthouse Securities, LLC ---------------------------------- 00000 Xxxxx Xxxxxxxxx Xxxxx Xxxx ---------------------------------- Xxxxxxxxx, XX 00000 ---------------------------------- Fax #: --------------------------- "BROKER DEALER" ---------------------------------- (Broker Firm) By ------------------------------- ---------------------------------- Print Name & Title Date ----------------------------- Address: ---------------------------------- ---------------------------------- ---------------------------------- Fax #: --------------------------- EXHIBIT A SCHEDULE OF VARIABLE PRODUCT AND COMPENSATION [TO BE INSERTED] EXHIBIT B SCHEDULE OF FIXED PRODUCT AND COMPENSATION [TO BE INSERTED] EXHIBIT C ASSOCIATED INSURANCE AGENCY The Broker/Dealer named below ("Broker"), having executed a Retail Sales Agreement (the "Agreement") by and between Broker, and Brighthouse Securities, LLC (the "Company") dated ______ that, among other things, provides for sales of Company's or its Affiliates' Contracts through a designated associated insurance agency or agencies, hereby designates the associated insurance agency(s) (the "Associated Insurance Agency(s)") named below as its Agency (as that term is defined in the Agreement) pursuant to Article III thereof. By signing this Exhibit C, each of Broker and the Associated Insurance Agency(s) hereby represents and warrants that each of the Associated Insurance Agency(s) is and will remain qualified to serve as an Agency in accordance with the terms of the Agreement. Each of the Associated Insurance Agency(s) hereby acknowledge that it has received a copy of the Agreement, that it has reviewed the Agreement and understands all of its terms, covenants and agreements, that it has had the opportunity to consult with counsel of choice relative thereto and that it agrees to be bound by and subject to the ter...
Sample 1

Related to Parties' Control of Business and Operations

  • Business and Operations Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

  • Management and Operations of Business 30 Section 7.1 Management .............................................................. 30 Section 7.2 Certificate of Limited Partnership ...................................... 34 Section 7.3 Restrictions on General Partner's Authority ............................. 34 (i) 3 Section 7.4 Reimbursement of the Crescent Group ..................................... 35 Section 7.5 Outside Activities of the Crescent Group ................................ 35 Section 7.6 Contracts with Affiliates ............................................... 36 Section 7.7 Indemnification ......................................................... 36 Section 7.8 Liability of the General Partner ........................................ 39 Section 7.9 Other Matters Concerning the General Partner ............................ 39 Section 7.10 Title to Partnership Assets ............................................ 40 Section 7.11 Reliance by Third Parties .............................................. 40 Section 7.12 Limited Partner Representatives ........................................ 41

  • Management and Operation of Business 37 6.1 Management...................................................................................37 6.2 Certificate of Limited Partnership...........................................................38 6.3 Restrictions on General Partner's Authority..................................................38 6.4 Reimbursement of the General Partner.........................................................39 6.5

  • Management and Operations OF LLC Section 2.01 Power and Authority of Members ........................................ 9 Section 2.02 Power and Authority of Directors....................................... 9 Section 2.03 Directors: Meetings, Committees, and Delegation....................... 10 Section 2.04 Compensation of the Directors ......................................... 15 Section 2.05 Officers .............................................................. 15 Section 2.06

  • Existence; Business and Properties (a) Do or cause to be done all things necessary to preserve, renew and keep in full force and effect its legal existence, except, in the case of a Subsidiary of the Borrower, where the failure to do so would not reasonably be expected to have a Material Adverse Effect, and except as otherwise permitted under Section 6.05, and except for the liquidation or dissolution of Subsidiaries if the assets of such Subsidiaries to the extent they exceed estimated liabilities are acquired by the Borrower or a Wholly Owned Subsidiary of the Borrower in such liquidation or dissolution; provided, that Subsidiary Loan Parties may not be liquidated into Subsidiaries that are not Loan Parties and Domestic Subsidiaries may not be liquidated into Foreign Subsidiaries (except in each case as permitted under Section 6.05).

  • Financial Condition and Operations The Borrower will not permit any of the events set forth below to occur.

  • Management and Control of the Company The Manager shall direct, manage and control the business of the Company to the best of such Manager’s ability and shall have full and complete authority, power and discretion to make any and all decisions and to do any and all things which the Manager shall deem to be reasonably required in light of the Company’s business and objectives.

  • Control of Operations Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that (a) nothing contained in this Agreement shall give Parent or the Company, directly or indirectly, the right to control or direct the other party’s operations prior to the Effective Time and (b) prior to the Effective Time, each of the Company and Parent shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its operations.

  • Operations Pending Closing From the date hereof through the Closing Date, Seller agrees as follows:

  • Communications and Operations Management a. Network Penetration Testing - Transfer Agent shall, on approximately an annual basis, contract with an independent third party to conduct a network penetration test on its network having access to or holding or containing Fund Data. Transfer Agent shall have a process to review and evaluate high risk findings resulting from this testing.

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