Common use of Ownership of Accounts Clause in Contracts

Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s records and use and control of expiration, shall remain the property of Producer; otherwise, use of record and control of expirations shall be vested promptly and exclusively in Broker.

Appears in 17 contracts

Sources: Producer Agreement, Producer Agreement, Producer Agreement

Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s records and use and control of expiration, shall remain the property of Producer; otherwise, use of record records and control of expirations shall be vested promptly and exclusively in Broker.

Appears in 14 contracts

Sources: Producer Agreement, Producer Agreement, Producer Agreement

Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s records and use and control of expiration, shall remain the property of Producer; otherwise, use of record and control of expirations shall be vested promptly and exclusively in Broker.records

Appears in 4 contracts

Sources: Producer Agreement, Producer Agreement, Producer Agreement

Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s records and use and control of expiration, shall remain the property of Producer; Producer; otherwise, use of record and control of expirations shall be vested promptly and exclusively in Broker.

Appears in 1 contract

Sources: Producer Agreement

Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s records and use and control of expiration, shall remain the property of Producer; otherwise, use of record records and control of expirations shall be vested promptly and exclusively in Broker.of

Appears in 1 contract

Sources: Producer Agreement

Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s 's records and use and control of expiration, shall remain the property of Producer; otherwise, use of record and control of expirations shall be vested promptly and exclusively in Broker.

Appears in 1 contract

Sources: Producer Agreement