Continuing Ownership. The SIPs and SDS and the Dental Subsidiaries shall continue at all times as respective owners of, and beneficiaries under, the Policies to the same extent each party enjoyed prior to the Effective Date, and this Agreement shall not be construed as an attempted assignment of the Policies or as a contract of insurance.
Appears in 2 contracts
Sources: Insurance Matters Agreement (Sybron Dental Specialties Inc), Insurance Matters Agreement (SDS Holding Co)