Following Termination. 17.2.1 Thomond and the intermediary will agree the procedure for administering Insurance Business current at the time of termination; 17.2.2 should the intermediary become subject to insolvency proceedings, or the termination events described in 17.1.3 the intermediary will make all reasonable efforts to provide Thomond with contact details for any Insured or other party with which Thomond has contracted in the conduct of Insurance Business and for whom the intermediary has acted as agent, save where the intermediary’s book of business has been transferred to another intermediary authorised by the Central Bank of Ireland and 17.2.3 where permissible Thomond and the intermediary will remain liable to perform their obligations in accordance with the terms of this Agreement in respect of all Insurance Business subject to this Agreement until all Insurance Business has expired or has otherwise been terminated.
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Samples: Terms of Business Agreement (Toba), Terms of Business Agreement (Toba), Terms of Business Agreement (Toba)
Following Termination. 17.2.1 Thomond Xxxxxxx and the intermediary will agree the procedure for administering Insurance Business current at the time of termination;
17.2.2 should the intermediary become subject to insolvency proceedings, or the termination events described in 17.1.3 the intermediary will make all reasonable efforts to provide Thomond Xxxxxxx with contact details for any Insured or other party with which Thomond Xxxxxxx has contracted in the conduct of Insurance Business and for whom the intermediary has acted as agent, save where the intermediary’s book of business has been transferred to another intermediary authorised by the Central Bank of Ireland and
17.2.3 where permissible Thomond Xxxxxxx and the intermediary will remain liable to perform their obligations in accordance with the terms of this Agreement in respect of all Insurance Business subject to this Agreement until all Insurance Business has expired or has otherwise been terminated.
Appears in 1 contract
Samples: Terms of Business Agreement (Toba)
Following Termination. 17.2.1 Thomond Xxxxxxx and the intermediary will agree the procedure for administering Insurance Business current at the time of termination;
17.2.2 should the intermediary become subject to insolvency proceedings, or the termination events described in 17.1.3 the intermediary will make all reasonable efforts to provide Thomond with contact details for any Insured or other party with which Thomond has contracted in the conduct of Insurance Business and for whom the intermediary has acted as agent, save where the intermediary’s book of business has been transferred to another intermediary authorised by the Central Bank of Ireland and
17.2.3 where permissible Thomond Xxxxxxx and the intermediary will remain liable to perform their obligations in accordance with the terms of this Agreement in respect of all Insurance Business subject to this Agreement until all Insurance Business has expired or has otherwise been terminated.
Appears in 1 contract
Samples: Terms of Business Agreement (Toba)