Common use of UNDERWRITING TERMS Clause in Contracts

UNDERWRITING TERMS. 6.01 ALFS makes no representations or warranties regarding the number of contracts to be sold by Selling Broker-Dealer and the registered representatives of Selling Broker-Dealer or the amount to be paid thereunder. ALFS does, however, represent that it will actively engage in its duties under this Agreement on a continuous basis while there is an effective Registration statement with the SEC. 6.02 ALFS will use its best efforts to ensure that the Contracts shall be offered for sale by registered broker-dealers and registered representatives (who are duly licensed as insurance agents) on the terms described in the currently effective prospectus describing such Contracts. 6.03 ALICNY will use its best efforts to assure that the Contracts are continuously registered under the 1933 Act (and under any applicable state "blue sky" laws) and to file for approval under state insurance laws when necessary.

UNDERWRITING TERMS. 6.01 6.01. ALFS makes no representations or warranties regarding the number of contracts Contracts to be sold by Selling Broker-Dealer and the registered representatives of Selling Broker-Dealer or the amount to be paid thereunderDealer. ALFS does, however, represent that it will actively engage in its duties under this Agreement on a continuous basis while there is an are effective Registration statement registration statements with the SEC. 6.02 6.02. ALFS will use its best efforts to ensure that the Contracts shall be offered for sale by registered broker-dealers and registered representatives (who are duly licensed as insurance agents) on the terms described in the currently effective prospectus describing such Contracts. 6.03 ALICNY 6.03. LBL will use its best efforts to assure that the Contracts are continuously registered under the 1933 Act (and under any applicable state "“blue sky" ” laws) and to file for approval under state insurance laws when necessary.