Common use of Insurer Not a Party Clause in Contracts

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policies by payment of the death benefits under the Policies to the beneficiary or beneficiaries named in the Policies, subject to the terms and conditions of the Policies. In no event shall the Insurer be considered a party to this Agreement, or any modifications or amendments hereof. No provision of this Agreement, nor of any modifications or amendments hereof, shall in any way be construed as enlarging, changing, varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policies, except insofar as the provisions hereof are made a part of the Policies by the prior-executed Collateral Assignments which now have been released on this same day, and will be filed with the Insurer in connection herewith.

Insurer Not a Party. The Subject to the terms and conditions of the Policy, the Insurer shall be fully discharged from form its obligations under the Policies Policy by payment of the Policy death benefits under the Policies benefit to the beneficiary or beneficiaries named in the PoliciesPolicy, subject to the terms and conditions of the PoliciesPolicy. In no event shall the Insurer be insurer by considered a party to this Agreement, or any modifications modification or amendments amendment hereof. No provision provisions of this Agreement, Agreement nor of or any modifications modification or amendments hereof, amendment hereof shall in any way be construed as enlarging, changing, varying, varying or in any other way affecting the obligations of the Insurer as expressly provided in the PoliciesPolicy, except insofar as the provisions hereof are made a part of the Policies Policy by the prior-collateral assignment executed Collateral Assignments which now have been released on this same day, by the Employee and will be filed with the Insurer in connection herewith.

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policies by payment of the death benefits under of the Policies to the beneficiary or beneficiaries named in the Policies, subject to the terms and conditions of each of the Policies. In no event shall the Insurer be considered a party to this Agreement, or any modifications modification or amendments amendment hereof. No provision of this Agreement, nor of any modifications modification or amendments amendment hereof, shall in any way be construed as enlarging, changing, varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policies, except insofar as the provisions hereof are made a part of each of the Policies by the prior-beneficiary designation executed Collateral Assignments which now have been released on this same day, by the Company and will be filed with the Insurer in connection herewith.. 2386506.18

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policies by payment of the death benefits under of the Policies to the beneficiary or beneficiaries named in the Policies, subject to the terms and conditions of each of the Policies. In no event shall the Insurer be considered a party to this Agreement, or any modifications modification or amendments amendment hereof. No provision of this Agreement, nor of any modifications modification or amendments amendment hereof, shall in any way be construed as enlarging, changing, varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policies, except insofar as the provisions hereof are made a part of each of the Policies by the prior-beneficiary designation executed Collateral Assignments which now have been released on this same day, by the Company and will be filed with the Insurer in connection herewith.