Common use of USE OF DIVIDENDS Clause in Contracts

USE OF DIVIDENDS. All dividends attributable to the Policy shall be applied to the purchase of Paid-Up Additions from the Insurer.

Appears in 5 contracts

Samples: Split Dollar Life Insurance Agreement (Miix Group Inc), Split Dollar Life Insurance Agreement (Miix Group Inc), Restricted Split Dollar Life Insurance Agreement (Miix Group Inc)

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USE OF DIVIDENDS. All dividends attributable to the Policy shall be applied to the purchase of Paidpaid-Up Additions up insurance additions from the Insurer.

Appears in 2 contracts

Samples: Split Dollar Life Insurance Agreement (First Horizon National Corp), Split Dollar Life Insurance Agreement (First Horizon National Corp)

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USE OF DIVIDENDS. All dividends attributable to the Policy shall be applied to the purchase of Paidpaid-Up Additions up additions from the Insurer.

Appears in 1 contract

Samples: Split Dollar Insurance Agreement (Bancinsurance Corp)

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