Common use of Issuer’s Responsibility Clause in Contracts

Issuer’s Responsibility. The Issuer shall not be considered a party to this Agreement and shall not be bound hereby. No provision of this Agreement, or any amendment hereof, shall in any way enlarge, change, vary or affect the obligations of the Issuer as expressly provided in the Policy, except as the same may become a part of the Policy by acceptance by the Issuer of the Collateral Assignment.

Appears in 3 contracts

Samples: Collateral Assignment Split Dollar Insurance Agreement, Collateral Assignment Split Dollar Insurance Agreement (Dana Corp), Split Dollar Life Insurance Agreement (Amp Inc)

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Issuer’s Responsibility. The This Issuer shall not be considered a party to this Agreement and shall not be bound hereby. No provision of this Agreement, or any amendment hereof, shall in any way enlarge, change, vary or affect the obligations of the Issuer as expressly provided in the Policy, except as the same may become a part of the Policy by acceptance by the Issuer of the Collateral Assignment.

Appears in 1 contract

Samples: Collateral Assignment Split Dollar Insurance Agreement (Dana Corp)

Issuer’s Responsibility. The Issuer shall not be considered a party to this Agreement and shall not be bound hereby. No provision of this Agreement, or any amendment hereof, shall in any way enlarge, change, vary or affect the obligations of the Issuer as expressly provided in the Policy, except as the same may become a part of the Policy by acceptance by the Issuer of the Collateral Assignment.

Appears in 1 contract

Samples: Split Dollar Assignment Insurance Agreement (Niagara Mohawk Power Corp /Ny/)

Issuer’s Responsibility. The Issuer shall not be considered a party to this Agreement and shall not be bound hereby. No provision of this Agreement, or any amendment hereof, shall in any way enlarge, change, vary or affect the obligations of the Issuer as expressly provided in the Insurance Policy, except as the same may become a part of the Insurance Policy by acceptance by the Issuer of the Collateral Assignment.

Appears in 1 contract

Samples: Split Dollar Collateral Assignment Insurance Plan Agreement (Duke Energy CORP)

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Issuer’s Responsibility. The Issuer shall not be considered a party to this Agreement and shall not be bound herebyAgreement. No provision of this Agreement, or any amendment hereof, Agreement shall in any way enlarge, change, vary or affect change the obligations of the Issuer as expressly provided in the Policy, except as the same Agreement may become a part of the Policy by the Issuer's acceptance by the Issuer of the Collateral Assignment.

Appears in 1 contract

Samples: Executive Insurance Agreement (Amcore Financial Inc)

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