Common use of NET AMOUNT AT RISK Clause in Contracts

NET AMOUNT AT RISK. The term “Net Amount-at-Risk” (hereinafter “NAR”) shall be defined as the total proceeds of the Policy(ies) less the cash value of the Policy(ies).

Appears in 12 contracts

Sources: Split Dollar Agreement (Columbia Banking System, Inc.), Split Dollar Agreement (Columbia Banking System, Inc.), Split Dollar Agreement (Columbia Banking System, Inc.)

NET AMOUNT AT RISK. The term "Net Amount-at-Risk" (hereinafter "NAR") shall be defined as the total proceeds of the Policy(ies) less the cash value of the Policy(ies).

Appears in 1 contract

Sources: Split Dollar Agreement (Columbia Banking System, Inc.)