Common use of GFC'S RIGHTS AND DUTIES Clause in Contracts

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)

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs

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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!