Common use of Unsecured General Creditor Clause in Contracts

Unsecured General Creditor. Neither Executive nor any other person or entity shall have any legal right or equitable rights interests or claims in or to any property or assets of the Employer under the provisions of this Agreement. No assets of the Employer shall be held under any trust for the benefit of Executive or any other person or entity or held in any way as security for the fulfilling of the obligations of the Employer under this Agreement. All of the Employer’s assets shall be and remain the general, unpledged, unrestricted assets of the Employer. The Employer’s obligations under this Agreement are unfunded and unsecured promises, and to the extent such promises involve the payment of money, they are promises to pay money in the future. Executive and any person or entity claiming through him shall be unsecured general creditors with respect to any rights or benefits hereunder.

Unsecured General Creditor. Neither Executive nor any other person or entity shall have any legal right or equitable rights interests or claims in or to any property or assets of the Employer Bank under the provisions of this Agreement. No assets of the Employer Bank shall be held under any trust for the benefit of Executive or any other person or entity or held in any way as security for the fulfilling of the obligations of the Employer Bank under this Agreement. All of the EmployerBank’s assets shall be and remain the general, unpledged, unrestricted assets of the EmployerBank. The EmployerBank’s obligations under this Agreement are unfunded and unsecured promises, and to the extent such promises involve the payment of money, they are promises to pay money in the future. Executive and any person or entity claiming through him shall be unsecured general creditors with respect to any rights or benefits hereunder.

Unsecured General Creditor. Neither Executive Employee nor any other person or entity shall have any legal right or equitable rights rights, interests or claims in or to any property or assets of the Employer Bank under the provisions of this Agreement. No assets of the Employer Bank shall be held under any trust for the benefit of Executive Employee or any other person or entity or held in any way as security for the fulfilling of the obligations of the Employer Bank under this Agreement. All of the EmployerBank’s assets shall be and remain the general, unpledged, unrestricted assets of the EmployerBank. The EmployerBank’s obligations under this Agreement are unfunded and unsecured promises, and to the extent such promises involve the payment of money, they are promises to pay money in the future. Executive Employee and any person or entity claiming through him shall be unsecured general creditors with respect to any rights or benefits hereunder.

Unsecured General Creditor. Neither Executive nor any other person or entity shall have any legal right or equitable rights interests or claims in or to any property or assets of the Employer under the provisions of this Agreement. No assets of the Employer shall be held under any trust for the benefit of Executive or any other person or entity or held in any way as security for the fulfilling of the obligations of the Employer under this Agreement. All of the Employer’s assets shall be and remain the general, unpledged, unrestricted assets of the Employer. The Employer’s obligations under this Agreement are unfunded and unsecured promises, and to the extent such promises involve the payment of money, they are promises to pay money in the future. Executive and any person or entity claiming through him shall be unsecured general creditors with respect to any rights or benefits hereunder.

Unsecured General Creditor. Neither Executive nor any other person or entity shall have any legal right or equitable rights interests or claims in or to any property or assets of the Employer under the provisions of this Agreement. No assets of the Employer shall be held under any trust for the benefit of Executive or any other person or entity or held in any way as security for the fulfilling of the obligations of the Employer under this Agreement. All of the Employer’s 's assets shall be and remain the general, unpledged, unrestricted assets of the Employer. The Employer’s 's obligations under this Agreement are unfunded and unsecured promises, and to the extent such promises involve the payment of money, they are promises to pay money in the future. Executive and any person or entity claiming through him shall be unsecured general creditors with respect to any rights or benefits hereunder.

Unsecured General Creditor. Neither Executive nor any other person or entity shall have any legal right or equitable rights rights, interests or claims in or to any property or assets of the Employer Bank under the provisions of this Agreement. No assets of the Employer Bank shall be held under any trust for the benefit of Executive or any other person or entity or held in any way as security for the fulfilling of the obligations of the Employer Bank under this Agreement. All of the EmployerBank’s assets shall be and remain the general, unpledged, unrestricted assets of the EmployerBank. The EmployerBank’s obligations under this Agreement are unfunded and unsecured promises, and to the extent such promises involve the payment of money, they are promises to pay money in the future. Executive and any person or entity claiming through him shall be unsecured general creditors with respect to any rights or benefits hereunder.

Unsecured General Creditor. Neither Executive nor any other person or entity shall have any legal right or equitable rights interests or claims in or to any property or assets of the Employer under the provisions of this ofthis Agreement. No assets of the Employer ofEmployer shall be held under any trust for the benefit beneflt of Executive or any other person or entity or held in any way as security for the fulfilling of the fulfllling ofthe obligations of the Employer ofEmployer under this Agreement. All of the Employer’s ofEmployer's assets shall be and remain the general, unpledged, unrestricted assets of the Employer. The Employer’s 's obligations under this Agreement are unfunded and unsecured promises, and to the extent such promises involve the payment of moneyofmoney, they are promises to pay money in the future. Executive and any person or entity claiming through him shall be unsecured general creditors with respect to any rights or benefits hereunder. 9.

Unsecured General Creditor. Neither Executive nor any other person or entity shall have any legal right or equitable rights interests or claims in or to any property or assets of the Employer under the provisions of this Agreement. No assets of the Employer shall be held under any trust for the benefit of Executive or any other person or entity or held in any way as security for the fulfilling of the obligations of the Employer under this Agreement. All of the Employer’s assets shall be and remain the general, unpledged, unrestricted assets of the Employer. The Employer’s obligations under this Agreement are unfunded and unsecured promises, and to the extent such promises involve the payment of money, they are promises to pay money in the future. Executive and any person or entity claiming through him shall be unsecured general creditors with respect to any rights or benefits hereunder. 9.

Unsecured General Creditor. Neither Executive nor any other person or entity shall have any legal right or equitable rights interests or claims in or to any property or assets of the Employer under the provisions of this Agreement. No assets of the Employer shall be held under any trust for the benefit of Executive or any other person or entity or held in any way as security for the fulfilling of the obligations of the Employer under this Agreement. All of the Employer’s 's assets shall be and remain the general, unpledged, unrestricted assets of the Employer. The Employer’s 's 9 obligations under this Agreement are unfunded and unsecured promises, and to the extent such promises involve the payment of money, they are promises to pay money in the future. Executive and any person or entity claiming through him shall be unsecured general creditors with respect to any rights or benefits hereunder.

Unsecured General Creditor. Neither the Executive nor any other person or entity shall have any legal right or equitable rights interests or claims in or to any property or assets of the Employer Bank under the provisions of this Agreement. No assets of the Employer Bank shall be held under any trust for the benefit of the Executive or any other person or entity or held in any way as security for the fulfilling of the obligations of the Employer Bank under this Agreement. All of the EmployerBank’s assets shall be and remain the general, unpledged, unrestricted assets of the EmployerBank. The EmployerBank’s obligations under this Agreement are unfunded and unsecured promises, and to the extent such promises involve the payment of money, they are promises to pay money in the future. The Executive and any person or entity claiming through him shall be unsecured general creditors with respect to any rights or benefits hereunder.