Common use of Subsequent Payments Clause in Contracts

Subsequent Payments. All commissions, trails, overrides and allowances shall be payable to General Agent, unless otherwise prohibited by law, according to the applicable compensation schedules in effect at the time the contract was issued. In the event of termination, the Company shall continue to provide General Agent with current customer information regarding continued in-force business pursuant to Section XIII (C).

Appears in 2 contracts

Sources: Selling Agreement (Merrill Lynch Life Insurance Co), Selling Agreement (Ml Life Insurance Co of New York)

Subsequent Payments. All commissions, trails, overrides and ------------------- allowances shall be payable to General Agent, Agent unless otherwise prohibited by law, according to the applicable compensation schedules in effect at the time the contract was issued. In the event of termination, the Company shall continue to provide General Agent with current customer information regarding continued in-force business pursuant to Section XIII (C).C.

Appears in 1 contract

Sources: Selling Agreement (First Metlife Investors Variable Annuity Account One)