Selling Group. MMLIS may enter into sales agreements for the sale of the Contracts with independent broker-dealer firms (“Independent Brokers”) whose registered representatives have been or shall be licensed and appointed as life insurance agents of C.M. Life. All such agreements shall be in a form agreed to by C.M. Life. All such agreements shall provide that the Independent Brokers must assume full responsibility for continued compliance by itself and its associated persons with FINRA rules (the “Rules”) and all applicable federal and state securities and insurance laws. All associated persons of such Independent Brokers soliciting applications for the Contracts shall be duly and appropriately licensed and appointed for the sale of the Contracts under the Rules and applicable federal and state securities and insurance laws.
Selling Group. MSD may enter into sales agreements for the sale of the Contracts with independent broker-dealer firms (“Independent Brokers”) whose registered representatives have been or shall be licensed and appointed as life insurance agents of MassMutual. All such agreements shall be in a form agreed to by MassMutual. All such agreements shall provide that the Independent Brokers must assume full responsibility for continued compliance by itself and its associated persons with FINRA rules (the “Rules”) and all applicable federal and state securities and insurance laws. All associated persons of such Independent Brokers soliciting applications for the Contracts shall be duly and appropriately licensed and appointed for the sale of the Contracts under the Rules and applicable federal and state securities and insurance laws.
Selling Group. MML DISTRIBUTORS may enter into sales agreements for the sale of the Contracts with independent broker-dealer firms ("Independent Brokers") whose registered representatives have been or shall be licensed and appointed as life insurance agents of MassMutual. All such agreements shall be in a form agreed to by MassMutual. All such agreements shall provide that the Independent Brokers must assume full responsibility for continued compliance by itself and its associated persons with the NASD Rules of Fair Practice (the "Rules") and all applicable federal and state securities and insurance laws. All associated persons of such Independent Brokers soliciting applications for the Contracts shall be duly and appropriately licensed and appointed for the sale of the Contracts under the Rules and applicable federal and state securities and insurance laws.
Selling Group. The Dealer Manager shall have the right to associate with other broker/dealers ("BROKER/DEALERS") as it may determine and shall have the right to grant to such persons such concessions out of the commissions to be received by the Dealer Manager as the Dealer Manager may determine, under and pursuant to a Selected Dealer Agreement in the form filed as an exhibit to the Registration Statement. All sales of Shares shall be made as an agent for the Fund.
Selling Group. The Selling Group and each of them will indemnify and hold harmless the Company, each of its directors, each of its officers who signs the registration statement, and any person who controls the Company within the meaning of the Act (or the Exchange Act) for, from and against any losses, claims, damages, or liabilities to which the Company or any such director or officer or controlling person may become subject, under the Act, the Exchange Act, or otherwise, if such losses, claims, damages, or liabilities (or actions in respect hereof) arise solely out of or are based solely on any untrue or alleged untrue statement of a material fact contained in the registration statement and the prospectus or any amendment or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact necessary to be stated therein to make the statements therein not misleading, in each case if, and only if, such untrue statement or alleged untrue statement or omission or alleged omission was made in the registration statement or the prospectus or such amendment or supplement in reliance upon and in conformity with written information concerning the Selling Group furnished to the Company by or on behalf of the Selling Group for use in the registration statement and the prospectus or any amendment or supplement thereto, and will reimburse any legal or other expense reasonably incurred by the Company or such director or officer or controlling person in connection with investigating or defending any such loss, claim, damage, liability, or action. This indemnity obligation provided hereunder is in addition to any other liability or obligation which the Selling Group may otherwise have to the Company or which may exist at common law or under any statute.
Selling Group. The Agent hereby reserves the right, subject to the prior approval of the Corporation, such approval not to be unreasonably withheld, to form a selling group consisting of other registered securities dealers including, with limitation, dealer sub-agents, upon such terms and conditions as the Agent may deem appropriate, provided, however, that any fee charged by such registered securities dealers shall not exceed, and in no event, shall the Corporation be required to pay in excess of, the Commission as set out herein in section 19 hereof and shall be payable by the Agent.
Selling Group. The Corporation agrees that, subject to the consent of the Corporation, such consent not to be unreasonably withheld, Sandfire has the right to invite one or more securities dealers to form a selling group to participate in finding purchasers for the Offered Securities. The Corporation grants all of the rights and benefits of this Agreement to any securities dealer who is a member of any selling group and appoints Sandfire as trustee of such rights and benefits for all such securities dealers, and Sandfire hereby accepts such trust and agrees to hold such rights and benefits for and on behalf of all such securities dealers. Sandfire shall ensure that any securities dealer who is a member of any selling group formed pursuant to the provisions of this subsection 3(b) or with whom Sandfire has a contractual relationship with respect to the Offering, if any, agrees with Sandfire to comply with the covenants and obligations given by the Agent herein.
Selling Group. UNDERWRITING FEE Borrower authorizes SBA through its agents to contract for the firm underwritten offering of the Certificates (as that term is defined in the Servicing Agent Agreement, SBA Form 1506) through one or more underwriters (the "Selling Group") and to permit the Selling Group to receive an underwriting fee not to exceed 5/8 of 1% of the total Debenture proceeds.
Selling Group. MEMBER COMPLIANCE Selling Group Member shall be solely responsible for the approval of suitability determinations for the purchase of any Contract or the selection of any investment option thereunder, in compliance with federal and state securities laws and shall supervise Associated Agency and Sales Persons in determining client suitability. Selling Group Member shall hold AGL and Distributor harmless from any financial claim resulting from improper suitability decisions. Selling Group Member will fully comply with the requirements of the NASD and of the 1934 Act and such other applicable federal and state laws and will establish rules, procedures, and supervisory and inspection techniques necessary to diligently supervise the activities of its NASD registered representatives who are state insurance licensed agents or solicitors of AGL, in connection with offers and sales of the Contracts. Such supervision shall include providing, or arranging for, initial and periodic training in knowledge of the Contracts. Upon request by Distributor or AGL, Selling Group Member will furnish appropriate records as are necessary to establish diligent supervision and client suitability.
Selling Group. Maxim hereby agrees that the Company shall be entitled to request the addition of an additional selling group participant(s) in connection with the Offering, and upon Maxim’s written consent (which shall not be unreasonably withheld), such selling group participant shall be entitled to contribute to Knightscope’s Regulation A and Regulation D Offerings.
