GFC'S RIGHTS AND DUTIES. GFC's rights and duties in the Policy will be limited to the following: (a) The right to receive the GFC Death Benefit at the Employee's death; (b) The right to receive its Corporate Interest after a Policy Rollout, as hereinafter provided; 30 (c) The right to physical possession of the Policy; (d) The duty to release the Collateral Assignment after GFC receives its Corporate Interest; and (e) The duty to make the Policy reasonably available to the Owner and Insurer at their request.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Great Financial Corp)
GFC'S RIGHTS AND DUTIES. GFC's rights and duties in the Policy will be limited to the following:
(a) The right to receive the GFC Death Benefit at the Employee's death;
(b) The right to receive its Corporate Interest after a Policy Rollout, as hereinafter provided; 3037
(c) The right to physical possession of the Policy;
(d) The duty to release the Collateral Assignment after GFC receives its Corporate Interest; and
(e) The duty to make the Policy reasonably available to the Owner and Insurer at their request.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Great Financial Corp)
GFC'S RIGHTS AND DUTIES. GFC's rights and duties in the Policy will be limited to the following:
(a) The right to receive the GFC Death Benefit at the Employee's death;
(b) The right to receive its Corporate Interest after a Policy Rollout, as hereinafter provided; 3044
(c) The right to physical possession of the Policy;
(d) The duty to release the Collateral Assignment after GFC receives its Corporate Interest; and
(e) The duty to make the Policy reasonably available to the Owner and Insurer at their request.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Great Financial Corp)
GFC'S RIGHTS AND DUTIES. GFC's rights and duties in the Policy will be limited to the following:
(a) The right to receive the GFC Death Benefit at the Employee's death;
(b) The right to receive its Corporate Interest after a Policy Rollout, as hereinafter provided; 30;
(c) The right to physical possession of the Policy;
(d) The duty to release the Collateral Assignment after GFC receives its Corporate Interest; and
(e) The duty to make the Policy reasonably available to the Owner and Insurer at their request.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Great Financial Corp)