Rights of Insured or Assignees. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject Policy nor any rights, options, privileges or duties created under this Agreement.
Appears in 11 contracts
Samples: Split Dollar Life Insurance Agreement (Atlantic Coast Federal Corp), Split Dollar Life Insurance Agreement (Atlantic Coast Federal Corp), Split Dollar Life Insurance Agreement (Atlantic Coast Federal Corp)
Rights of Insured or Assignees. 7.1 The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject Policy Policies nor any rights, options, privileges or duties created under this Agreement, other than the right to name a beneficiary(ies) from time to time.
Appears in 8 contracts
Samples: Split Dollar Life Insurance Agreement (Prime Meridian Holding Co), Split Dollar Life Insurance Agreement (Prime Meridian Holding Co), Split Dollar Life Insurance Agreement (Prime Meridian Holding Co)
Rights of Insured or Assignees. The Insured may not, without the ------------------------------- written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject Policy nor any rights, options, privileges or duties created under this Agreement.
Appears in 2 contracts
Samples: Endorsement Split Dollar Life Insurance Agreement (Georgetown Bancorp, Inc.), Endorsement Split Dollar Life Insurance Agreement (Georgetown Bancorp, Inc.)
Rights of Insured or Assignees. 7.1 The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject Policy Policies, nor any rights, options, privileges or duties created under this Agreement, other than the right to name a beneficiary from time to time.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (CB Financial Services, Inc.)
Rights of Insured or Assignees. 7.1 The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject Policy Policies nor any rights, options, privileges or duties created under this Agreement, other than the right to name a beneficiary from time to time.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Access National Corp)
