Common use of Not a Guarantee Clause in Contracts

Not a Guarantee. This Agreement is not, and nothing herein contained and --------------- nothing done pursuant hereto by MetLife shall constitute or be construed or deemed to constitute, an evidence of indebtedness or an obligation or liability of MetLife as guarantor, endorser, surety or otherwise in respect of any obligation, indebtedness or liability, of any kind whatsoever, of Beneficiary. This Agreement does not provide, and is not intended to be construed or deemed to provide, any creditor of Beneficiary with recourse to or against any of the assets of MetLife.

Appears in 4 contracts

Samples: Selling Agreement (First Metlife Investors Variable Annuity Account One), Net Worth Maintenance Agreement (First Metlife Investors Variable Annuity Account One), Net Worth Maintenance Agreement (Metlife Investors Variable Annuity Account One)

AutoNDA by SimpleDocs

Not a Guarantee. This Agreement is not, and nothing herein contained and --------------- nothing done pursuant hereto by MetLife shall constitute or constitue be construed or deemed to constitute, an evidence of indebtedness or an obligation or liability of MetLife as guarantor, endorser, surety or otherwise in respect of any obligation, indebtedness or liability, of any kind or character whatsoever, of Beneficiary. This NEL, and this Agreement does not provide, and is not intended to be construed or of deemed to provide, any creditor of Beneficiary NEL with recourse to or against any of the assets of MetLife.

Appears in 1 contract

Samples: Net Worth Maintenance Agreement (New England Variable Life Separate Account)

Not a Guarantee. This Agreement is not, and nothing herein contained and --------------- nothing done pursuant hereto by MetLife shall constitute or be construed or deemed to constitute, an evidence of indebtedness or an obligation or liability of MetLife as guarantor, endorser, surety or otherwise in respect of any obligation, indebtedness or liability, of any kind whatsoever, of Beneficiary. This General American and this Agreement does not provide, and is not intended to be construed or deemed to provide, any creditor of Beneficiary General American with recourse to or against any of the assets of MetLife.

Appears in 1 contract

Samples: Net Worth Maintenance Agreement (General American Separate Account Eleven)

Not a Guarantee. This Agreement is not, and nothing herein contained and --------------- nothing done pursuant hereto by MetLife shall constitute or constitue be construed or deemed to constitute, an evidence of indebtedness or an obligation or liability of MetLife as guarantor, endorser, surety or otherwise in respect of any obligation, indebtedness or liability, of any kind or character whatsoever, of Beneficiary. This NEL, and this Agreement does not provide, and is not intended to be construed or of deemed to provide, any creditor of Beneficiary NEL with recourse to or against any of the assets of MetLife.

Appears in 1 contract

Samples: Net Worth Maintenance Agreement (New England Variable Annuity Separate Account)

AutoNDA by SimpleDocs

Not a Guarantee. This Agreement is not, and nothing herein contained and --------------- nothing done pursuant hereto by MetLife shall constitute or be construed or deemed to constitute, an evidence of indebtedness or an obligation or liability of MetLife as guarantor, endorser, surety or otherwise in respect of any obligation, indebtedness or liability, of any kind or character whatsoever, of Beneficiary. This General American, and this Agreement does not provide, and is not intended to be construed or deemed to provide, any creditor of Beneficiary General American with recourse to or against any of the assets of MetLife.

Appears in 1 contract

Samples: Net Worth Maintenance Agreement (General American Separate Account Two)

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