Broker of record definition

Broker of record means the insurance producer licensed in the state of Washington who, through a contractual agreement with the joint self-insurance program, procures insurance on behalf of the joint self-insurance program.
Broker of record means the Broker so designated by the Brokerage under the Act.
Broker of record means the insurance producer licensed in the state of Washington who, through a contrac- tual agreement with the joint self-insurance program, pro- cures insurance on behalf of the joint self-insurance program. "Case reserves" means the total of all claims and claims adjustment expenses for covered events which have occurred and have been reported to the joint self-insurance programs as of the date of the financial statement. Case reserves include an estimate for each reported claim based on the

Examples of Broker of record in a sentence

  • Under no circumstances shall Bidder have any kind of claim against United Country – Blue Ridge Land and Auction, Broker of record, or anyone else, if the Internet service fails to work correctly before or during the auction.

  • This system allows for the secure and simplified transfer of beneficial owner level data from the Broker of record to GlobeTax, and creates documentation on the Broker’s behalf.

  • All offers are made through the Auctioneer and Broker of record, under terms and conditions published.

  • I, the Designated REALTOR or Broker of record for the above- mentioned Holder, do hereby co-sign and agree that if said Holders license is released from my firm, transferred to a non-member or placed in retirement, I will notify the Multiple.

  • I, the Designated REALTOR or Broker of record for the above mentioned Holder, do hereby co-sign and agree that if said Holders license is released from my firm, transferred to a non-member or placed in retirement, I will obtain the key and return it immediately to the Multiple.


More Definitions of Broker of record

Broker of record means an individual who is a Registrant in good standing and who is a Member in good standing and who is employed, appointed or duly authorized to trade in real estate by a Brokerage and who is designated as the Broker of Record for that Brokerage.
Broker of record means the Broker which an Enrolling Unit or individual health contract Subscriber designates in writing as eligible for Commissions for that particular Enrolling Unit or individual health contract.
Broker of record means the insurance producer licensed in the state of Washington who, through a contrac-
Broker of record means the broker/agency which an Enrolling Unit or individual health contract Subscriber designates in writing as eligible for Commissions for that particular Enrolling Unit or individual health contract.
Broker of record means the licensed insurance producer who, through a contractual agreement with the joint self-insurance program, procures insurance and/or reinsurance on behalf of the joint self-in- surance program.
Broker of record means that individual broker who is primarily responsible for the day to day management of a real estate brokerage office.
Broker of record means the person designated on an Application that is able to contract directly with the Owner and is entitled to receive compensation. More than one Broker-of-Record may be named on each Application. In the case of Advanced Commissions payment, the Broker-of-Record shall be the insurance-licensed agency(ies) that such person(s) designates. TERMS: This schedule is subject to all terms of Agency’s agency/sales agreement and the advanced commission amendment (LSA 1000a). PAYMENT: For each Application submitted by Agency or sub-agencies supervised by Agency, Company will pay Advanced Commissions equal to: Purchase payment amount indicated on submitted Application* x Product commission rate x [***]%** x Any applicable percentage split between Agency and other Broker-of-Record(s) * If Agency submits one or more Company annuity product applications for the same product within a 12-month period for the same Owner, Agency’s Advanced Commissions may be reduced in Company’s sole discretion if the total amount of anticipated funds equals $1 million or more. An application with joint Owners is considered to have only one Owner. Company shall have the right to decline any application above this $1 million limit. THIS SCHEDULE MAY BE MODIFIED OR CANCELED BY COMPANY AT ANY TIME BY PROVIDING 30 DAYS WRITTEN NOTICE. Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by Symetra Financial Corporation, this information has been filed separately with the Securities and Exchange Commission. LSA-1106 07/2007 Stat 19-17-9121 Company shall not pay Advanced Commissions on any purchase payments other than the initial purchase payments which are funded via one or more multiple external transfers and which are listed on the product application at the time of submission. ** Company shall have the right to reduce this percentage in its sole discretion, upon providing 30 days written notice to Agency, if Company reasonably determines, in its sole discretion, that there are significant issues regarding recovery of the Advanced Commissions based on applications or business received or not received by Company. Product commission rate shall be equal to: • [***]% for Attained Ages 85 and under; and • Trail compensation equal to the equivalent of the annual rate of [***]% of the Contract’s Policy Value (as described in the Contract), starting immediately and paid out monthly. CHARGEBACKS: In the event that a Contract is surrendered under the “free look” provis...