Common use of Acknowledgement of Necessary Approvals Clause in Contracts

Acknowledgement of Necessary Approvals. The Conservator acknowledges and agrees that this Agreement, the Rehabilitation Agreement, the Assumption Endorsement, the Service Agreement and all related agreements concerning the transactions contemplated by these agreements, are subject to any necessary internal IA American approvals and that this Agreement is null and void without such approvals.

Appears in 3 contracts

Samples: Assumption Reinsurance Agreement, Assumption Reinsurance Agreement, Agreement and Plan of Rehabilitation

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Acknowledgement of Necessary Approvals. The Conservator acknowledges and agrees that this Agreement, the Rehabilitation Assumption Reinsurance Agreement, the Assumption Endorsement, the Service Agreement and all related agreements concerning the transactions contemplated by these agreements, are subject to any necessary internal IA American approvals and that this Agreement is null and void without such approvals.

Appears in 1 contract

Samples: Agreement and Plan of Rehabilitation

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