Excluded Policies Sample Clauses

Excluded Policies. 6.1 Subject to paragraphs 6.3 and 6.4, the Excluded Policies shall not be transferred to RL by this Scheme and all liabilities attributable to the Excluded Policies shall remain liabilities of PLAL and be fully reinsured with effect from the Effective Date on the following basis: (A) all liabilities of PLAL attributable to the Excluded Policies and all other amounts paid or payable by PLAL in respect of such Excluded Policies (including amounts paid or payable in connection with the surrender of any such Excluded Policy) shall be reinsured in their entirety to RL on and with effect from the Effective Date (or in the case of liabilities arising in respect of any Policy issued by PLAL pursuant to paragraph 6.2, on and with effect from the date on which such Policy is issued); (B) the liability of RL on and with effect from the Effective Date shall be such that the rights, benefits and powers provided to holders of Excluded Policies (including any Policy issued by PLAL pursuant to paragraph 6.2) shall, to the extent possible, be the same as the rights, benefits and powers which would have been provided to such holders if the Excluded Policies had been Transferred Policies; (C) the premiums payable by PLAL to RL in connection with the provision of the reinsurance described in this paragraph 6.1 shall comprise an amount equal to: (i) the aggregate amount of the mathematical reserves relating to those Excluded Policies immediately prior to the Effective Date, provided that such amounts shall be deemed to have been satisfied by the transfer to RL of the appropriate proportion of the Transferred Assets and such assets or property shall be allocated to the fund to which they would have been allocated had the Excluded Policies been Transferred Policies; and (ii) all subsequent premium payments and all other amounts received by PLAL in respect of such Excluded Policies at any time after the Effective Date, which premiums and other amounts shall be paid to RL as soon as practicable after they are received and credited to the fund to which they would have been allocated had the Excluded Policies been Transferred Policies. 6.2 If any person entitled to do so with respect to an Excluded Policy exercises any right or option granted under the terms of that Policy and either: (A) the right or option provides for a new, additional or replacement Policy to be issued; or (B) it is appropriate in the opinion of the RL Board, having regard to appropriate actuarial advice, in ord...
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Excluded Policies. Each of PK and HGV, on behalf of itself and its Subsidiaries, disclaims any rights that it otherwise may have under the Excluded Policies and agrees not to submit any claim or to pursue any recovery under any Excluded Policy, it being understood that the Excluded Policies are for the sole benefit of HLT and/or other parties.
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Excluded Policies. (a) Prior to the Closing Date, Seller Parent shall cause the Insurance Companies to cease writing any new Excluded Policies (other than mandatory renewals of in-force Excluded Policies) and to non-renew as many of the Excluded Policies as is possible under Applicable Law. (b) From and after the Closing, (i) Buyer may cause the Insurance Companies to non-renew as many of the Excluded Policies as is allowed under Applicable Law and (ii) Sellers shall, and shall cause their Affiliates to, use commercially reasonable efforts to remove any Impediments and to replace each of the Excluded Policies upon the expiration of its term.
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Excluded Policies. In this Scheme of Transfer: (a) transfer includes (as the context may require) "assign", "assignation" and "assignment", "dispose", "disposal", "novate", "novation", "convey" and "conveyance"; (b) include and including shall be construed without limitation;
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Excluded Policies. The Excluded Policies shall remain Policies of the Transferor and shall not (unless they become Residual Policies) transfer to the Transferee. The Transferor shall terminate or shall have terminated all Excluded Policies pursuant to regulation 9(1)(c) of the Proceeds of Crime (Anti-Money Laundering and Anti-Terrorist Financing) Regulations 2008 such termination to be effective at least 30 days prior to the Effective Date. Upon expiry of the 30-day period specified in section 43(2) of the Life Insurance Xxx 0000, such period to commence on the date of termination in accordance with
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Excluded Policies. The Transition Policies shall not include, and HBDC shall not transfer and assign to eHealth, BOR status and the right to receive commissions on (a) any policy, including any ancillary policy, underwritten by a carrier other than a Specified Carrier; (b) the policies listed on Exhibit A to HBDC’s BOR letters to the Specified Carriers dated January 22, 2009; or (c) any policy identified as and for which commissions are paid by a Specified Carrier as a Short Term policy (collectively, the “Excluded Policies”).
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Related to Excluded Policies

  • Leave Policies 13 5.01 Sick Leave .................................................................. 13 5.011 Entitlement ........................................................ 13 5.012 Accumulation ..................................................... 13 5.013 Reasons ............................................................ 13 5.014 Sick Leave Advance .......................................... 14 5.015 Statement .......................................................... 14 5.016 Falsification ....................................................... 14 5.02

  • Required Policy Provisions Each policy must provide, as follows: (i) the policy is primary and noncontributory with any insurance or self-insurance maintained by Judicial Branch Entities and Judicial Branch Personnel, and the basic coverage insurer waives any and all rights of subrogation against Judicial Branch Entities and Judicial Branch Personnel; (ii) the insurance applies separately to each insured against whom a claim is made or a lawsuit is brought, to the limits of the insurer’s liability; and (iii) each insurer waives any right of recovery or subrogation it may have against the JBE, the State of California, the Judicial Council of California, and their respective judges, subordinate judicial officers, executive officers, administrators, officers, officials, agents, representatives, contractors, volunteers or employees for loss or damage.

  • Blanket Policies Notwithstanding anything to the contrary in this Section 6.03, any insurance which Lessee is required to obtain pursuant to this Section 6.03 may be carried under a “blanket” policy or policies covering other properties or liabilities of Lessee provided that such “blanket” policy or policies otherwise comply with the provisions of this Section 6.03.

  • Claims Made Policies If any of the required policies provide coverage on a claims-made basis: 11.5.1 The Retroactive Date must be shown and must be before the date of the contract or the beginning of contract work. 11.5.2 Insurance must be maintained and evidence of insurance must be provided for at least five (5) years after completion of the contract of work. 11.5.3 If coverage is canceled or non-renewed, and not replaced with another claims-made policy form with a Retroactive Date prior to the contract effective date, the Contractor must purchase “extended reporting” coverage for a minimum of five (5) years after completion of contract work.

  • Insurance Policies Insurance required herein shall be by companies duly licensed or admitted to transact business in the state where the Premises are located, and maintaining during the policy term a "General Policyholders Rating" of at least B+, V, as set forth in the most current issue of "Best's Insurance Guide", or such other rating as may be required by a Lender. Lessee shall not do or permit to be done anything which invalidates the required insurance policies. Lessee shall, prior to the Start Date, deliver to Lessor certified copies of policies of such insurance or certificates evidencing the existence and amounts of the required insurance. No such policy shall be cancelable or subject to modification except after thirty (30) days prior written notice to Lessor. Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with evidence of renewals or "insurance binders" evidencing renewal thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee to Lessor upon demand. Such policies shall be for a term of at least one year, or the length of the remaining term of this Lease, whichever is less. If either Party shall fail to procure and maintain the insurance required to be carried by it, the other Party may, but shall not be required to, procure and maintain the same.

  • Umbrella Policies Contractor may satisfy basic coverage limits through any combination of basic coverage and umbrella insurance.

  • SPAM POLICY You are strictly prohibited from using the Website or any of the Company's Services for illegal spam activities, including gathering email addresses and personal information from others or sending any mass commercial emails.

  • Excess/Umbrella Liability Policies Required insurance coverage limits may be provided through a combination of primary and excess/umbrella liability policies. If coverage limits are provided through excess/umbrella liability policies, then a Schedule of underlying insurance listing policy information for all underlying insurance policies (insurer, policy number, policy term, coverage and limits of insurance), including proof that the excess/umbrella insurance follows form must be provided after renewal and/or upon request.

  • Required Coverages Without in any way limiting Contractor’s liability pursuant to the “Indemnification” section of this Agreement, Contractor must maintain in force, during the full term of the Agreement, insurance in the following amounts and coverages: (a) Commercial General Liability Insurance with limits not less than $1,000,000 each occurrence for Bodily Injury and Property Damage, including Contractual Liability, Personal Injury, Products and Completed Operations. Policy must include Abuse and Molestation coverage. (b) Commercial Automobile Liability Insurance with limits not less than $1,000,000 each occurrence, “Combined Single Limit” for Bodily Injury and Property Damage, including Owned, Non-Owned and Hired auto coverage, as applicable. (c) Workers’ Compensation, in statutory amounts, with Employers’ Liability Limits not less than $1,000,000 each accident, injury, or illness. (d) Professional Liability Insurance, applicable to Contractor’s profession, with limits not less than $1,000,000 for each claim with respect to negligent acts, errors or omissions in connection with the Services. (e) Technology Errors and Omissions Liability coverage, with limits of $1,000,000 for each claim and each loss. The policy shall at a minimum cover professional misconduct or lack of the requisite skill required for the performance of services defined in the Agreement and shall also provide coverage for the following risks: (i) Network security liability arising from the unauthorized access to, use of, or tampering with computers or computer systems, including hacker attacks; and (ii) Liability arising from the introduction of any form of malicious software including computer viruses into, or otherwise causing damage to the City’s or third person’s computer, computer system, network, or similar computer related property and the data, software, and programs thereon. (f) Cyber and Privacy Insurance with limits of not less than (g) Pollution Liability Insurance applicable to Contractor’s activities and responsibilities under this Agreement with limits not less than $X,000,000 each occurrence combined single limit, including coverage for on-site third party claims for bodily injury and property damage.

  • Required Permits Unless otherwise stated in the RFP documents, all local, State or

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