Common use of COLLATERAL ASSIGNMENT FORM Clause in Contracts

COLLATERAL ASSIGNMENT FORM. Insured agrees to execute and deliver to Pinacor and Insurer a Collateral Assignment Form in connection with the execution of this Amendment, establishing Pinacor as the direct beneficiary of the Policy in an amount equal to the total amount of premiums paid to Insurer on the Policy, whether paid by Pinacor or MicroAge.