Common use of Insurer Clause in Contracts

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or deemed to have notice of the provisions of this Agreement. The Insurer shall have the right to rely on the Plan Administrator’s representations, as approved by the Committee (defined in Section 13.1), with regard to any definitions, interpretations or Policy interests as specified under this Agreement.

Appears in 4 contracts

Samples: Southside Bank Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc)

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Insurer. The Insurer shall be bound only by the terms of and all endorsements to the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Plan Administrator’s representations, as approved by the Committee (defined in Section 13.1), Company's representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this AgreementPlan.

Appears in 3 contracts

Samples: Tower Bancorp Inc, Tower Bancorp Inc, Mid Penn Bancorp Inc

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Plan Administrator’s representations, as approved by the Committee (defined in Section 13.1), Bank's representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this AgreementPlan.

Appears in 2 contracts

Samples: Plan (Wayne Savings Bancshares Inc /De/), Emclaire Financial Corp

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement files with the Insurer. The Insurer shall have the right to rely on the Plan AdministratorBank’s representations, as approved by the Committee (defined in Section 13.1), representations with regard to any definitions, interpretations or Policy interests as specified under this AgreementPlan.

Appears in 2 contracts

Samples: Split Dollar Plan Agreement (First Farmers & Merchants Corp), First Farmers & Merchants Corp

Insurer. 5.1 The Insurer shall be bound only by the terms of and all endorsements to the PolicyPolicies. Any payments the Insurer makes or actions it takes in accordance with the Policy Policies shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Plan AdministratorCompany’s representations, as approved by the Committee (defined in Section 13.1), representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this AgreementPlan.

Appears in 2 contracts

Samples: Codorus Valley Bancorp Inc, Codorus Valley Bancorp Inc

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Plan AdministratorBank’s representations, as approved by the Committee (defined in Section 13.1), representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this AgreementPlan.

Appears in 1 contract

Samples: First Farmers & Merchants Corp

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the its corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Plan Administrator’s representations, as approved by the Committee (defined in Section 13.1), Bank's representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this AgreementPlan.

Appears in 1 contract

Samples: Se Financial Corp

Insurer. The Insurer Insurers shall be bound only by the terms of and all endorsements to the Policytheir corresponding Policies. Any payments the an Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Plan Administrator’s representations, as approved by the Committee (defined in Section 13.1), Company's representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this AgreementPlan.

Appears in 1 contract

Samples: Orrstown Financial Services Inc

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Plan AdministratorCorporation’s representations, as approved by the Committee (defined in Section 13.1), representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this Agreement.

Appears in 1 contract

Samples: Director Split Dollar Agreement (First Farmers & Merchants Corp)

Insurer. 10.1 The Insurer shall be bound only by the terms of and all endorsements to the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or deemed to have notice of the provisions of this Agreement. The Insurer shall have the right to rely on the Plan Administrator’s representations, as approved by the Committee (defined in Section 13.1), with regard to any definitions, interpretations or Policy interests as specified under this Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (Southside Bancshares Inc)

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Insurer. The Insurer shall be bound only by the terms of and all endorsements to the their corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Plan AdministratorBank’s representations, as approved by the Committee (defined in Section 13.1), representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this AgreementPlan.

Appears in 1 contract

Samples: Unizan Financial Corp

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the its corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Plan Administrator’s representations, as approved by the Committee (defined in Section 13.1), Company's representations with regard to any definitions, interpretations or Policy interests as specified under this AgreementPlan.

Appears in 1 contract

Samples: Fidelity Bancorp Inc

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Plan AdministratorBank’s representations, as approved by the Committee (defined in Section 13.1), representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this Agreement.

Appears in 1 contract

Samples: Laurel Savings (Laurel Capital Group Inc)

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the its corresponding Policy. Any payments the Insurer makes or actions it takes in accordance with the a Policy shall fully discharge it from all claims, suits and demands of all entities or personspersons relating to that particular Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this AgreementPlan, except to the extent of any endorsement filed with the Insurer. The Insurer shall have the right to rely on the Plan AdministratorBank’s representations, as approved by the Committee (defined in Section 13.1), representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this AgreementPlan.

Appears in 1 contract

Samples: Laurel Savings (Laurel Capital Group Inc)

Insurer. The Insurer shall be bound only by the terms of and all endorsements to the corresponding Policy. Any payments the Insurer makes or actions it the Insurer takes in accordance with the a Policy shall fully discharge it the Insurer from all claims, suits and demands of all entities or personspersons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this AgreementPlan. The Insurer shall have the right to rely on the Plan AdministratorCompany’s representations, as approved by the Committee (defined in Section 13.1), representations with regard to any definitions, interpretations interpretations, or Policy interests as specified under this AgreementPlan.

Appears in 1 contract

Samples: Yadkin Valley Financial Corp

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