OWNERS AUTHORITY Sample Clauses

OWNERS AUTHORITY. 7. The Insurer is hereby authorized to recognize the Owner's claim to rights hereunder without investigating the reason for any action taken by the Owner, including the Owner's statement of the amount of premiums the Owner has paid on the Policy. The signature of the Owner shall be sufficient for the exercise of any rights under this Endorsement and the receipt of the Owner for any sums received by it shall be a full discharge and release therefore to the Insurer. The Insurer may rely on a sworn statement in form satisfactory to it furnished by the Owner, its successors or assigns, as to their interest and any payments made pursuant to such statement shall discharge the Bank accordingly.
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OWNERS AUTHORITY. The Insurer is hereby authorized to recognize the Owner's claim to rights hereunder without investigating the reason for any action taken by the Owner, including its statement of the amount of premiums it has paid on the Policy. The signature of the Owner shall be sufficient for the exercise of any rights under this Endorsement and the receipt of the Owner for any sums received by it shall be a full discharge and release therefore to the Insurer. The Insurer may rely on a sworn statement in form satisfactory to it furnished by the Owner, its successors or assigns, as to their interest, and any payments made pursuant to such statement shall discharge the Insurer accordingly. The owner accepts and agrees to this split dollar endorsement. Any transferee's rights shall be subject to this Endorsement. The undersigned is signing in a representative capacity and warrants that he or she has the authority to bind the entity on whose behalf this document is being executed. Signed at Wilmington, North Carolina, this 17th day of January, 2002. COOPERATIVE BANK FOR SAVINGS By /s/ Frederick Willetts, III ----------------------------------------------- Title President ----------------------------------------------- ACCEPTANCE AND BENEFICIARY DESIGNATION -------------------------------------- The Insured accepts and agrees to the foregoing and, subject to the rights of the Owner as stated above, designates the following as beneficiary(s) of the portion of the proceeds described in paragraph (2) above:
OWNERS AUTHORITY. The Insurer is hereby authorized to recognize the Owner's claim to rights hereunder without investigating the reason for any action taken by the Owner, including its statement of the amount of premiums it has paid on the Policy. The signature of the Owner shall be sufficient for the exercise of any rights under this Endorsement and the receipt of the Owner for any sums received by it shall be a full discharge and release therefore to the Insurer. Any transferee's rights shall be subject to this Endorsement. Signed at ____________________, Illinois, this _______ day of ______________, 2000. WEST POINTE BANK AND TRUST COMPANY By_________________________________ Its________________________________ The Insured accepts and agrees to the foregoing and, subject to the rights of the Owner as stated above, designates the following beneficiary(ies) of the portion of the proceeds described in paragraph (2) above. Primary beneficiary _______________________________________________________ and Secondary/contingent beneficiary_________________________________________ Signed at __________________, Illinois, this ________ day of ____________, 2000. THE INSURED:
OWNERS AUTHORITY. OWNER has the final authority in all matters affecting the work. OWNER has the authority to enforce CONTRACTOR’s compliance with the Contract Documents. OWNER’s decision is final and binding on all questions relating to: quantities; acceptability of material, equipment, or work; execution, progress, or sequence of work; and interpretation of the Contract Documents. All labor, materials, tools, equipment furnished by CONTRACTOR and all work performed by CONTRACTOR shall be subject to OWNER’s approval.
OWNERS AUTHORITY. The Insurer is hereby authorized to recognize the Owner’s claim to rights hereunder without investigating the reason for any action taken by the Owner, including its statement of the amount of premiums it has paid on the Policy. The signature of the Owner shall be sufficient for the exercise of any rights under this Endorsement and the receipt of the Owner for any sums received by it shall be a full discharge and release therefore to the Insurer. Any transferee’s rights shall be subject to this Endorsement. The owner accepts and agrees to this Split Dollar Endorsement. Signed at Greenwood, South Carolina, this 17th day of October, 2002. CAPITALBANK By: /s/ W. G Sxxxxxx Its President and Chief Executive Officer The Insured accepts and agrees to the foregoing and, subject to the rights of the Owner as stated above, designates the following beneficiaries of the portion of the proceeds described in (2) above: Primary beneficiary: Cxxxxxxxx X. Xxxxxx, wife Relationship to Insured: Wife Secondary Beneficiary: Children equally Relationship to Insured: Children Signed at Greenwood, South Carolina, this 17th day of October, 2002. THE INSURED: /s/ Rxxxx X. Xxxxxx RXXXX X. XXXXXX
OWNERS AUTHORITY. The Insurer is hereby authorized to recognize the Owner's claim to rights hereunder without investigating the reason for any action taken by the Owner, including its statement of the amount of premiums it has paid on the Policy. The signature of the Owner shall be sufficient for the exercise of any rights under this Endorsement and the receipt of the Owner for any sums received by it shall be a full discharge and release therefore to the Insurer. Any transferee's rights shall be subject to this Endorsement. The owner accepts and agrees to this split dollar endorsement. Signed at ____________________, California, this _______ day of ______________, 2000. TRUST: _____________________________________ _____________________________________ [Name of Trust] By __________________________________ Its Trustee By __________________________________ Its Trustee 276 The Executive's Trust accepts and agrees to the foregoing as direct beneficiary of the portion of the proceeds described in paragraph (2) above. Signed at ____________________, California, this ________ day of _____________, 2000. TRUST: _____________________________________ _____________________________________ [Name of Trust] By __________________________________ Its Trustee By __________________________________ Its Trustee XXXXXXXX X SIX RIVERS NATIONAL BANK SPLIT DOLLAR AGREEMENT THIS AGREEMENT is made and entered into this _________ day of _________________, 2000, by and between HARRIS TRUST & SAVINGS BANK PXXXXXXL TRUST AND ASSET MANAGEMENT as Trustee(s) of the NORTH VALLEY BANCORP UMBRELLA TRUST FOR EXECUTIVES dated May 10, 1995 (the "Rabbi Trust"), and _____________________________________ as Trustee(s) of the _______________________________________________________________________________ dated _________________________ (the "Executive's Trust"). This Agreement shall append the Split Dollar Endorsement entered into on __________________, 2000, or as subsequently amended, by and between the aforementioned parties. INTRODUCTION
OWNERS AUTHORITY. Owner represents and warrants that it has full power, authority and legal right to execute, deliver and perform this Agreement.
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OWNERS AUTHORITY. 7. The Insurer is hereby authorized to recognize the Owner’ s claim to rights hereunder without investigating the reason for any action taken by the Owner, including the Owner’ s statement of the amount of premiums the Owner has paid on the Policy. The signature of the Owner shall be sufficient for the exercise of any rights under this Endorsement and the receipt of the Owner for any sums received by it shall be a full discharge and release therefore to the Insurer. The Insurer may rely on a sworn statement in form satisfactory to it furnished by the Owner, its successors or assigns, as to their interest and any payments made pursuant to such statement shall discharge Central Valley Community Bank accordingly.
OWNERS AUTHORITY. The Insurer is hereby authorized to recognize the Owner’s claim to rights hereunder without investigating the reason for any action taken by the Owner, including its statement of the amount of premiums it has paid on the Policy(ies). The signature of the Owner shall be sufficient for the exercise of any rights under this Endorsement and the receipt of the Owner for any sums received by it shall be a full discharge and release therefore to the Insurer. Any transferee’s rights shall be subject to this Endorsement. The owner accepts and agrees to this split dollar endorsement. Signed at Reno , Nevada, this 15th_ day of September, 2005 NEVADA SECURITY BANK By /s/ Xx Xxxxxxx Its Chairman of the Board The Insured accepts and agrees to the foregoing and, subject to the rights of the Owner as stated above, designates , (relationship: ) as primary beneficiary(s) and relationship: ) as secondary beneficiary of the portion of the proceeds described in (2) above. Signed at Reno_, Nevada, this 15th day of September, 2005 THE INSURED: /s/ Xxxx Xxxxxxx
OWNERS AUTHORITY. 7. The Insurer is hereby authorized to recognize the Owner's claim to rights hereunder without investigating the reason for any action taken by the Owner, including its statement of the amount of premiums it has paid on the Policy. The signature of the Owner shall be sufficient for the exercise of any rights under this Endorsement and the receipt of the Owner for any sums received by it shall be a full discharge and release therefore to the Insurer. Owner accepts and agrees to this split dollar endorsement. Signed at Bloomsburg, Pennsylvania, this 15th day of April, 2003. COLUMBIA COUNTY FARMERS NATIONAL BANK By: /s/ Xxxx X. Xxxxxxxx ------------------------------------- CHAIRMAN Insured accepts and agrees to the foregoing and, subject to the rights of the Owner as stated above, designates _____________________________________ as primary beneficiary and ___________________________________________________ as secondary beneficiary of the portion of the proceeds described in (1) above. Signed at _____________, Pennsylvania, this 15th day of April, 2003. INSURED: /s/ Xxxxx X. Xxxxx -------------------------------------- XXXXX X. XXXXX AMENDMENT TO SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT FOR XXXXX X. XXXXX THIS AMENDMENT, (this "Amendment"), is made and entered into this 2nd day of May, 2003, by and between Columbia County Farmers National Bank, a Pennsylvania banking institution having a place of business at 000 Xxxx Xxxxxx, Xxxxxxxxxx, XX 00000, Pennsylvania ("Bank"), and Xxxxx X. Xxxxx ("Executive"), an individual residing at 000 Xxxxxxxxx Xxxx, Xxxxxxxxx, XX 00000. INTRODUCTION Bank has entered into an Supplemental Executive Retirement Plan Agreement, (the "Agreement"), with Executive, effective April 1, 2003. Bank and Executive have agreed to modify the Agreement to provide for a revised schedule of vesting of benefits.
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