Assumption Date Clause Samples
Assumption Date. Assumption Date" with respect to the Contracts shall be the date that all regulatory and judicial approval is received for the assumption of the Contracts and FSL accepts and assumes as its own direct obligation the Contract Liabilities.
Assumption Date. The Payments Administrator shall give each Lender prompt written notice of the occurrence of the Assumption Date.
Assumption Date. As used in this Agreement, the "Assumption Date" shall be the date set forth in an order issued by the Dane County Circuit Court in the State of Wisconsin on which NHIC must assume the Business in accordance with this Agreement. Notwithstanding the foregoing, in the event an applicable state regulatory body in any state in which the Business is in force requires approval of the assumption set forth herein, then the Assumption Date with respect to such state shall be the first quarter- end date (March 31, June 30, September 30 or December 31) after the date on which NHIC has obtained the required approval from such state regulatory body. It is the expectation of the Parties that within eighteen (18) months following the date of this Agreement, as set forth above, the Business in its entirety will have been assumed by NHIC as set forth in Section 2 below.
Assumption Date. Assumption Date" shall mean the first date on which the --------------- Contingency occurs.
Assumption Date. As used in this Agreement, the “Assumption Date” shall be the date set forth in an order issued by the Court on which JHUSA must assume the Assumed Business in accordance with this Agreement, or, if such date is other than the first day of an accounting quarter, the first day of the subsequent quarter in which such order is issued.
Assumption Date. Defined in the Backup Servicing Agreement.
Assumption Date. As used in this Agreement, the “Assumption Date” shall be the date set forth in an order issued by the Dane County Circuit Court in the State of Wisconsin on which ▇▇▇▇ must assume the Disability Business in accordance with this Agreement. Notwithstanding the foregoing, in the event an applicable state regulatory body in any state in which the Disability Business is in force requires approval of the assumption set forth herein, then the Assumption Date with respect to such state shall be the first quarter-end date (March 31, June 30, September 30 or December 31) after the date on which ▇▇▇▇ has obtained the required approval from such state regulatory body. It is the expectation of the Parties that within six (6) months following the date of this Agreement, as set forth above, the Disability Business in its entirety will have been assumed by ▇▇▇▇ as set forth in Section 2 below.