Common use of PREMIUM WAIVER Clause in Contracts

PREMIUM WAIVER. If the Policy contains a premium waiver provision, any premium waived shall be considered for all purposes of this Agreement as having been paid by Owner.

Appears in 4 contracts

Samples: Split Dollar Life Insurance Agreement (Vari Lite International Inc), Split Dollar Life Insurance Agreement (Vari Lite International Inc), Split Dollar Life Insurance Agreement (Vari Lite International Inc)

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PREMIUM WAIVER. If the Policy policy contains a premium waiver provision, any premium waived shall be considered for all purposes of this Agreement as having been paid by Ownerthe Company.

Appears in 2 contracts

Samples: Split Dollar Life Insurance Agreement (First Capital Bancorp, Inc.), Split Dollar Life Insurance Agreement (First Capital Bancorp, Inc.)

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PREMIUM WAIVER. If the Policy contains a premium waiver provision, any premium waived shall be considered for all purposes of this Agreement as having been paid by Ownerthe Company.

Appears in 1 contract

Samples: Split Dollar Life Insurance Agreement (Cardinal Financial Corp)

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