Common use of Insurer Clause in Contracts

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 153 contracts

Samples: Split Dollar Agreement (Sierra Bancorp), Split Dollar Agreement (CFSB Bancorp, Inc. /MA/), Split Dollar Agreement (CFSB Bancorp, Inc. /MA/)

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Insurer. The Insurer shall be bound only by the terms of the PolicyPolicy only. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits suits, and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 52 contracts

Samples: Split Dollar Agreement (Sb Financial Group, Inc.), Split Dollar Agreement, Split Dollar Agreement (Cortland Bancorp Inc)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Split Dollar Agreement.

Appears in 19 contracts

Samples: Split Dollar Agreement (Charter Financial Corp), Split Dollar Agreement (Charter Financial Corp), Split Dollar Agreement (Charter Financial Corp)

Insurer. The Insurer shall be bound only by the terms of the PolicyPolicy(ies). Any payments the Insurer makes or actions it takes in accordance with the Policy Policy(ies) shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 9 contracts

Samples: Split Dollar Agreement (Bank Holdings), Split Dollar Agreement (Bank Holdings), Split Dollar Agreement (Bank Holdings)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it the Insurer and Company from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 9 contracts

Samples: Split Dollar Agreement (Community Capital Corp /Sc/), Split Dollar Agreement (Community Capital Corp /Sc/), Split Dollar Agreement (Community Capital Corp /Sc/)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementAddendum.

Appears in 9 contracts

Samples: Survivor Income Agreement (Fulton Bancshares Corp), Survivor Income Agreement (Fulton Bancshares Corp), Survivor Income Agreement (Susquehanna Bancshares Inc)

Insurer. The Insurer shall be bound only by the terms of the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Company’s representations with regard to any definitions, interpretations, or Policy interests as specified under this Plan.

Appears in 6 contracts

Samples: Group Term Replacement Plan (CFSB Bancorp, Inc. /MA/), Executive Supplemental Life Insurance Plan (Acnb Corp), Director Supplemental Life Insurance Plan (Acnb Corp)

Insurer. The Insurer shall be bound only by the terms provisions of and endorsements on the Policy. Any , and any payments the Insurer makes made or actions action taken by it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons whatsoever. The Except as specifically provided by endorsement on the Policy and as provided in the Assignment, the Insurer shall not in no way be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 6 contracts

Samples: Executive Retention Life Insurance Agreement (FNB Corp/Pa/), Executive Life Insurance Agreement (General Electric Co), Insurance Agreement (Conseco Inc)

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement. The Insurer shall have the right to rely on the Plan Administrator’s representations, as approved by the Committee (defined in Section 13.1), with regard to any definitions, interpretations or Policy interests as specified under this Agreement.

Appears in 4 contracts

Samples: Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc)

Insurer. The Insurer shall be bound only by the terms of the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Bank's representations with regard to any definitions, interpretations, or Policy interests as specified under this Plan.

Appears in 4 contracts

Samples: Group Term Carve Out Plan (Newmil Bancorp Inc), Group Term Carve Out Plan (Cortland Bancorp Inc), Officer Group Term Replacement Plan (Sandy Spring Bancorp Inc)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Director Split Dollar Agreement.

Appears in 3 contracts

Samples: Director Split Dollar Agreement (Cullman Bancorp, Inc. /MD/), Director Split Dollar Agreement (Cullman Bancorp, Inc.), Director Split Dollar Agreement (Cullman Bancorp, Inc.)

Insurer. The Insurer shall be bound only by the terms of the a given Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Company’s representations with regard to any definitions, interpretations or Policy interests as specified under this Plan.

Appears in 3 contracts

Samples: Group Term Carve Out Plan (Beverly National Corp), Group Term Carve Out Plan (Athens Bancshares Corp), Group Term Carve Out Plan (Athens Bancshares Corp)

Insurer. The Insurer shall be bound only by the terms of the PolicyPolicy only. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 3 contracts

Samples: Endorsement Split Dollar Agreement (Paragon Commercial CORP), Endorsement Split Dollar Agreement (Paragon Commercial CORP), Endorsement Split Dollar Agreement (Paragon Commercial CORP)

Insurer. The Insurer Insurers shall be bound only by the terms of the PolicyPolicies. Any payments the Insurer makes or actions it takes in accordance with the Policy Policies shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 3 contracts

Samples: Split Dollar Agreement (LaPorte Bancorp, Inc.), Split Dollar Agreement (LaPorte Bancorp, Inc.), Split Dollar Agreement (LaPorte Bancorp, Inc.)

Insurer. The Insurer shall be bound only by the terms of the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Company's representations with regard to any definitions, interpretations, or Policy interests as specified under this Plan.

Appears in 3 contracts

Samples: Group Term Replacement Agreement (Tower Bancorp Inc), Group Term Replacement Agreement (Tower Bancorp Inc), Split Dollar Life Insurance Plan (Mid Penn Bancorp Inc)

Insurer. 5.1 The Insurer shall be bound only by the terms of the PolicyPolicies. Any payments the Insurer makes or actions it takes in accordance with the Policy Policies shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Company’s representations with regard to any definitions, interpretations, or Policy interests as specified under this Plan.

Appears in 2 contracts

Samples: Director Group Term Replacement Plan (Codorus Valley Bancorp Inc), Director Group Term Replacement Plan (Codorus Valley Bancorp Inc)

Insurer. The Insurer shall be bound only by the terms of the its given Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 2 contracts

Samples: Split Dollar Agreement (First Community Financial Corp), Split Dollar Agreement (First Community Financial Corp)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance according with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 2 contracts

Samples: Supplement Executive Retirement Plan Agreement (First Perry Bancorp, Inc), Supplement Executive Retirement Plan Agreement (First Perry Bancorp, Inc)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 2 contracts

Samples: Split Dollar Agreement (First Community Financial Corp), Survivor Income Agreement (East Ridge Bancshares Inc)

Insurer. The Insurer shall be bound only by the terms of the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement files with the Insurer. The Insurer shall have the right to rely on the Bank’s representations with regard to any definitions, interpretations or Policy interests as specified under this Plan.

Appears in 2 contracts

Samples: Life Insurance Endorsement Method Split Dollar Plan Agreement (First Farmers & Merchants Corp), Group Term Carve Out Plan (First Farmers & Merchants Corp)

Insurer. The Insurer shall be bound only by the terms of the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Bank's representations with regard to any definitions, interpretations, or Policy interests as specified under this Plan.

Appears in 2 contracts

Samples: Group Term Carve Out Plan (Wayne Savings Bancshares Inc /De/), Group Term Carve Out Plan (Emclaire Financial Corp)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.or

Appears in 1 contract

Samples: Split Dollar Agreement (Cortland Bancorp Inc)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Amended and Restated Life Insurance Agreement.

Appears in 1 contract

Samples: Life Insurance Agreement (West Suburban Bancorp Inc)

Insurer. The Insurer Insurers shall be bound only by the terms of the Policytheir corresponding Policies. Any payments the an Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Company's representations with regard to any definitions, interpretations, or Policy interests as specified under this Plan.

Appears in 1 contract

Samples: Group Term Replacement Plan (Orrstown Financial Services Inc)

Insurer. The Insurer shall be bound only by the terms of the its corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Company's representations with regard to any definitions, interpretations or Policy interests as specified under this Plan.

Appears in 1 contract

Samples: Officer Group Term Replacement Plan (Fidelity Bancorp Inc)

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Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits suite and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (Temecula Valley Bancorp Inc)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, ; suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (Synovus Financial Corp)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it the Insurer and Company from all claims, suits and demands of all entities or of persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this the Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (CenterState Banks, Inc.)

Insurer. The Insurer insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (Columbia Bancorp \Or\)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully full discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (BANKshares Inc)

Insurer. The Insurer shall be bound only by the terms of the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Bank’s representations with regard to any definitions, interpretations, or Policy interests as specified under this Plan.

Appears in 1 contract

Samples: Group Term Carve Out Plan (Unizan Financial Corp)

Insurer. The Insurer shall be bound only by the terms of the each Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 1 contract

Samples: Executive Group Life Split Dollar Plan (Ohio Valley Banc Corp)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully tally discharge it from tam all claims, suits and demands of all entities or persons. The Insurer shall shall. not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (Pinnacle Financial Corp)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.. Article

Appears in 1 contract

Samples: Split Dollar Agreement (Ridgestone Financial Services Inc)

Insurer. The Insurer shall be bound only by the terms of the corresponding Policy. Any payments the Insurer makes or actions it the Insurer takes in accordance with the a Policy shall fully discharge it the Insurer from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Company’s representations with regard to any definitions, interpretations, or Policy interests as specified under this Plan.

Appears in 1 contract

Samples: Group Term Carve Out Plan (Yadkin Valley Financial Corp)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or and persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 1 contract

Samples: Supplemental Life Insurance Agreement (PCSB Financial Corp)

Insurer. The Insurer shall be bound only by the terms of the Policy. , Any payments the Insurer makes or actions it takes in In accordance with the Policy shall fully discharge it It from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc)

Insurer. The Insurer shall be bound only by the terms of the PolicyPolicy only. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits suits, and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Split Dollar Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (Fidelity Southern Corp)

Insurer. The Insurer shall be bound only by the terms of the PolicyPolicy only. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits suits, and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.. 3

Appears in 1 contract

Samples: Endorsement Split Dollar Agreement (Tidelands Bancshares Inc)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits suits, and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (First California Financial Group, Inc.)

Insurer. The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (First National Lincoln Corp /Me/)

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