Common use of Policy Ownership and Collateral Assignment Clause in Contracts

Policy Ownership and Collateral Assignment. The Trust will continue to own the Policy and shall assign to the Employer, subject to the terms and conditions of the Policy and to any superior liens that the Insurer may have against the Policy, the following specific rights in and to the Policy:

Appears in 5 contracts

Samples: Amended Agreement (Mego Financial Corp), Mego Financial Corp, Mego Financial Corp

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