Common use of TRANSFERABILITY/ASSIGNMENT Clause in Contracts

TRANSFERABILITY/ASSIGNMENT. This Policy and the Accumulation Fund established pursuant to it may solely be sold, assigned, transferred or pledged in accordance with, and for the purposes contemplated by, the documents and agreements governing the establishment and operation of the Program. GLAIC will maintain a record of ownership of this Policy on its books and records.

Appears in 59 contracts

Samples: Funding Agreement (Genworth Life & Annuity Insurance Co), Funding Agreement (Genworth Life & Annuity Insurance Co), Funding Agreement (Genworth Life & Annuity Insurance Co)

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TRANSFERABILITY/ASSIGNMENT. This Policy and the Accumulation Fund established pursuant to it may solely be sold, assigned, transferred or pledged in accordance with, and for the purposes contemplated by, the documents and agreements governing the establishment and operation of the Program. GLAIC GELAAC will maintain a record of ownership of this Policy on its books and records.

Appears in 2 contracts

Samples: Funding Agreement (Genworth Global Funding Trust 2005-A), Funding Agreement (Ge Life & Annuity Assurance Co)

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