Block Transfers. If Contractor experiences a termination of a Provider Group(s) or hospital(s) that constitutes a block transfer as defined in Health and Safety Code § 1373.65 and Title 28, C.C.R. § 1300.67.1.3, Contractor shall provide Covered California with copies of the written notices the Contractor proposes to send to affected Enrollees, in compliance with the notice requirements of Health and Safety Code § 1373.65, prior to mailing the notices to Enrollees.
Block Transfers. In respect of some classes of insurance we may operate block insurance arrangements in order to provide competitive terms. On occasions it will be necessary for us to transfer such blocks from one insurer to another where this is beneficial for our clients. This Terms of Business Agreement constitutes both your acceptance that we may do this and your prior request for us so to do.
Block Transfers. If Contractor experiences a termination of a Provider Group(s) or hospital(s) that constitutes a block transfer as defined in Health and Safety Code § 1373.65 and Title 28, C.C.R. § 1300.67.1.3, Contractor shall provide the Exchange with copies of the written notices the Contractor proposes to send to affected Enrollees, in compliance with the notice requirements of Health and Safety Code § 1373.65, prior to mailing the notices to Enrollees.
Block Transfers. In respect of some classes of insurance we may operate block insurance arrangements in order to provide competitive terms. This is where we place all insurances of a certain type with one insurer who can provide particularly competitive terms for all our customers. On occasions it will be necessary for us to transfer such blocks from one insurer to another where this is beneficial for our clients. This Terms of Business Agreement constitutes both your acceptance that we may do this and your prior request for us so to do. Prior to your premium being forwarded to the insurer (or forwarded to you in the event of a premium refund) we hold your money as an agent of the insurer with which we arrange your insurance. Where we hold premium as the agent of the insurer it is regarded as received by the insurer. If we are not acting as an agent of the insurer when we receive your premium, we shall hold it as client money in trust for you within a client bank account with an approved bank. Our client bank account(s) may contain other clients’ money and money we hold as an agent of insurers. In line with strict FCA rules, our client bank account(s) are rigorously monitored in order to segregate and safeguard client money. We reserve the right to retain interest earned on our client bank accounts. We may extend credit to other customers from this account and we may transfer your money to another insurance distributor in some cases. However your money will be protected at all times because of the requirements of FCA rules. We may transfer your premiums to the insurer through another party, such as a broker or underwriting agent for the purposes of effecting a transaction. By accepting this Terms of Business Agreement, you are giving your consent for us to treat your money in this way. Please notify us immediately if you have any objection or query.
Block Transfers. The term "Block Transfer" means the transfer by a Unit Holder in one or more transactions during any thirty consecutive day period of Units representing in the aggregate more than 5% of the total interests in Partnership capital or profits. The term "Matching Service" has the meaning and the conditions to sale ascribed to it in Internal Revenue Service Notice 88-75. For purposes of the above limitations, the percentage of Units transferred during a taxable year shall equal the sum of the monthly percentage of Units transferred. The monthly percentage of Units transferred in any month shall be the percentage equal to a fraction the numerator of which is the number of Units transferred during such month and the denominator of which is the number of Units outstanding on the last day of such month, provided that the denominator shall not include Units owned by the General Partner or any Person related to the General Partner (within the meaning of Section 267(b) or 707(b)(1) of the Code);
Block Transfers. In respect of some classes of insurance we may operate block insurance arrangements in order to provide competitive terms. This is where we place all insurances of a certain type with one insurer who can provide particularly competitive terms for all our customers. On occasions it will be necessary for us to transfer such blocks from one insurer to another where this is beneficial for our clients. This Terms of Business Agreement constitutes both your acceptance that we may do this and your prior request for us to do so Please refer to your policy documents if you need to report a claim. You should contact us or the insurer direct as soon as you become aware of any incident which could give rise to a claim. If in doubt about whom you should contact, or if you require our assistance in relation to a claim or potential claim please contact us. You will be responsible for ensuring that all sums insured and indemnity limits (where applicable) are adequate for the cover requested. Whilst we seek to assist in establishing and maintaining insured values and indemnity limits we cannot accept responsibility for their accuracy. It is strongly recommended that the appropriate Professional (e.g. Surveyor/Accountant) be consulted to ensure that the sums insured and limits under the policy are suitable. In the event of under-insurance insurers may reduce the amount of any claim settlement in proportion to the under-insurance. For example, if you only insure for 50% of the correct value, only 50% of you claim will be paid. When we sell you a policy the insurer normally pays us a percentage commission from the total premium. In addition to this commission, we may charge an administration fee to cover the costs involved in setting up, servicing and cancelling policies. Please refer to our tariff of administration charges below for fees payable under this Terms of Business Agreement. You will be informed of any such charges before you purchase a policy with us. Our fees are non-refundable even if you cancel your policy. If you pay your premium by instalments we shall inform you of any additional fees, charges or interest that apply as part of your credit arrangements. Mid-term adjustments £25.00 Cancellation £25.00 Renewals £250.00 New Business Set Up £250.00
Block Transfers. In the event of an offering by the Purchaser or its Affiliates involving a block of Common Stock of the Company equal to 3% or more of the aggregate Common Stock of the Company that may initially be issued upon conversion of the Securities, including in connection with a Synthetic Sale, the Company will cooperate fully and in good faith with the Purchaser and its Affiliates to effect such an offering, including, but not limited to, (i) participating in customary marketing and selling efforts, (ii) making any customary representations, warranties, agreements or indemnities to or in favor of any participating party that is reasonably required in order to expedite or facilitate such an offering and (iii) entering into and performing all obligations under any agreements reasonably requested to be entered into in order to expedite or facilitate such an offering.
Block Transfers. If at any time during which an HTI Nominee is entitled to serve on the Board, HTI, or any of its affiliates, transfers to any party or group as defined under Section 13(d) of the Exchange Act (a “Block Transferee”) shares of the Company’s Common Stock constituting at least 20% of the issued and outstanding shares of the Company’s Common Stock, it may cause one HTI Nominee to resign from the Board and, in such event, the Board shall fill the vacancy caused by such HTI Nominee’s resignation with a person who is nominated by the Block Transferee and who meets all necessary qualifications to serve as a member of the Board; provided, that the Block Transferee has agreed in writing to comply with the voting obligations applicable to HTI and its affiliates as set forth in Section 3.1(c) and such Block Transferee is not a competitor of the Company (as determined by the Board in its reasonable discretion). The parties agree that a Block Transferee shall be a third-party beneficiary of this Agreement for purposes of this Section 3.1.
Block Transfers. Stockholder may, subject to the next sentence, transfer, in a transaction or series of related transactions, Shares constituting 15% or more of the voting power of the Capital Stock of the Company to any transferee (including any Affiliates of such transferee) only if such transferee provides to the Company an agreement reasonably acceptable to the Independent Committee pursuant to which such transferee agrees to be bound by all provisions of this Agreement and the Investor's Rights Agreement applicable to Stockholder. Any transfer permitted by this Section 4.02 shall be exempt from the New Rights Plan, provided that any transferee that Beneficially Owns more than five percent of the voting power of the Capital Stock prior to such transfer shall not as a result of such transfer obtain Beneficial Ownership of Capital Stock having a greater percentage of the voting power of the Capital Stock than that Beneficially Owned by Stockholder on the date hereof. Nothing in this Section is intended to limit (i) Stockholder's ability to transfer Shares in blocks smaller than 15%, (ii) transfers of Shares in connection with transfers by all stockholders of the Company or (iii) transfers of Shares pursuant to the registration rights granted under the Investor's Rights Agreement.
Block Transfers. The Parties may only transfer all of their shares, together as a Block, but not partially or separately . Therefore : (i) For the purposes of this paragraph (b), the Syndicated Shareholders shall be considered as a Block, and therefore shall not be able to transfer the Syndicated Shares, without the other also transferring its DocuSign Envelope ID: A8EDC92E - 2DBD - 4C58 - AFE3 - DC64E5084311
