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Common use of Power to Appoint Clause in Contracts

Power to Appoint. The spouse of the Insured will have the power alone and in all events to appoint all amounts payable to the spouse under the policy if:

Appears in 11 contracts

Sources: Flexible Premium Variable Life Insurance Policy (Northwestern Mutual Variable Life Account), Flexible Premium Variable Life Insurance Policy (Northwestern Mutual Variable Life Account), Variable Whole Life Policy (Northwestern Mutual Variable Life Account)

Related Clauses

  • Failure to Appoint
  • Board Appointment
  • Failure to Appoint Successor Custodian
  • Right to Appoint Agent or Advisor
  • Agent’s Appointment as Attorney-in-Fact

Parent Clauses

  • Powers of and Other Provisions Relating to Trustee
  • Appointment of New Trustee
  • Officers Agents
  • GOVERNING LAW AND JURISDICTION
  • Other service

Sub-Clauses

  • Controller
  • Chief Executive Officer
  • The President
  • The Treasurer and the Assistant Treasurer
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