Charge Backs. In any case, where Insurer has credited a commission to Broker-Dealer on the basis of a premium on a Variable Contract issued and the premium is returned to the purchaser Insurer will charge back such commissions.
Appears in 3 contracts
Sources: Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co), Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co), Broker Dealer Agency Selling Agreement (Reliastar Bankers Security Life Insurance Co)
Charge Backs. In any case, case where Insurer has credited a commission to Broker-/Dealer on the basis of a premium on a Variable Contract issued and the premium is returned to the purchaser purchaser, Insurer will charge back such commissions.
Appears in 1 contract
Sources: Broker/Dealer Agency Selling Agreement (Separate Account One of Northern Life Insurance Co)
Charge Backs. In any case, where Insurer has credited a commission to Broker-Dealer Agency on the basis of a premium on a Variable Contract issued and the premium is returned to the purchaser purchaser, Insurer will charge back such commissions.
Appears in 1 contract
Sources: Broker Dealer Agency Selling Agreement (Select Life Variable Account)
Charge Backs. In any case, where Insurer has credited a commission to Broker-Dealer on the basis of a premium on a Variable Contract issued and the premium is returned to the purchaser purchaser, Insurer will charge back such commissions.
Appears in 1 contract
Sources: Broker Dealer Agency Selling Agreement (Select Life Variable Account)