Common use of Contract Ownership Clause in Contracts

Contract Ownership. 8.03-1 The Insurer shall deal with the Trustee as the sole and absolute owner of the trust's interests in such Contracts and shall have no

Appears in 1 contract

Sources: Trust Agreement (Milacron Inc)

Contract Ownership. 8.03-1 The Insurer shall deal with the Trustee as the sole and absolute owner of the trust's interests in such Contracts and shall have nono obligation to inquire whether any action or failure to act

Appears in 1 contract

Sources: Umbrella Trust Agreement (North Valley Bancorp)