Common use of CONTRACT OWNER Clause in Contracts

CONTRACT OWNER. As the Contract Owner, you have all the interests and rights under this Contract. The Contract Owner is the person designated as such on the Issue Date, unless changed. You may change owners of the Contract at any time by Authorized Request subject to our approval. A change of Contract Owner will automatically revoke any prior designation of Contract Owner. Upon our approval, the change will become effective as of the date the Authorized Request is signed. We will not be liable for any payment made or action taken before the change is recorded. We will not be responsible for any tax consequences of any such change.

CONTRACT OWNER. As the Contract Owner, you have all the interests interest and rights under this Contract. The Contract Owner is the person designated as such on the Issue Date, unless changed. You may change owners of the Contract at any time by Authorized Request subject to our approvalRequest. A change of Contract Owner will automatically revoke any prior designation of Contract Owner. Upon our approval, the The change will become effective as of the date the Authorized Request is signed. We will not be liable for any payment made or action taken before the change is recorded. We will not be responsible for any tax consequences of any such change.

CONTRACT OWNER. As the Contract Owner, Owner you have all the interests interest and rights under this Contract. The Contract Owner is the person designated as such on the Issue Date, unless changed. You may change owners of the Contract at any time by Authorized Request subject to our approvalRequest. A change of Contract Owner will automatically revoke any prior designation of Contract Owner. Upon our approval, the The change will become effective as of the date the Authorized Request is signed. We will not be liable for any payment made or action taken before the change is recorded. We will not be responsible for any tax consequences of any such change.

CONTRACT OWNER. As the Contract Owner, Owner you have all the interests interest and rights under this Contract. The Contract Owner is the person designated as such on the Issue Date, unless changed. You may change owners of the Contract at any time by Authorized Request subject to our approvalRequest. A change of Contract Owner will automatically revoke any prior designation of Contract Owner. Upon our approval, the The change will become effective as of the date the Authorized Request is signed. We will not be liable for any payment made or action taken before the change is recorded. We will not be responsible for any tax consequences of any such change.