Common use of Assignment of Policy to Secure Employer's Payments Clause in Contracts

Assignment of Policy to Secure Employer's Payments. To secure Employer's Interest in the Policy under this Agreement, Owner will collaterally assign the Policy to the Employer by signing the separate Collateral Assignment. The Collateral Assignment cannot be altered without the Employer's, Owner's and Insurer's consent.

Appears in 6 contracts

Samples: Split Dollar Agreement (American Capital Strategies LTD), Split Dollar Agreement (American Capital Strategies LTD), Split Dollar Agreement (American Capital Strategies LTD)

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Assignment of Policy to Secure Employer's Payments. To secure Employer's ’s Interest in the Policy under this Agreement, Owner will collaterally assign the Policy to the Employer by signing the separate Collateral Assignment. The Collateral Assignment cannot be altered without the Employer's’s, Owner's ’s and Insurer's ’s consent.

Appears in 1 contract

Samples: Split Dollar Agreement (American Capital Strategies LTD)

Assignment of Policy to Secure Employer's Payments. To secure Employer's ’s Interest in the Policy under this Agreement, Owner will collaterally assign the Policy to the Employer by signing the separate Collateral Assignment. The Collateral Assignment cannot be altered without the Employer's’s, Owner's ’s, and Insurer's ’s consent.. (6)

Appears in 1 contract

Samples: Assignment Split Dollar Agreement (Linens N Things Inc)

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Assignment of Policy to Secure Employer's Payments. To secure Employer's Interest in the Policy under this Agreement, Owner will has collaterally assign assigned the Policy to the Employer by signing the separate Collateral Assignment. The Collateral Assignment cannot be altered without the Employer's, Owner's and Insurer's consent.

Appears in 1 contract

Samples: Split Dollar Agreement (American Capital Strategies LTD)

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