Members and Policyholders. At the Effective Time, the members of Xxxxxxxxx shall automatically become members and policyholders of the Surviving Corporation. All premiums and assessments paid by the members of Xxxxxxxxx shall be deemed to have been paid to the Surviving Corporation for the purpose of determining the value of each member’s equitable share of the value of the Surviving Corporation.
Members and Policyholders. At the Effective Time, the members of the Non-Surviving Entity shall automatically become members and policyholders of the Surviving Corporation. All premiums and assessments paid by the members of the Non- Surviving Entity shall be deemed to have been paid to the Surviving Corporation for the purpose of determining the value of each member’s equitable share of the value of the Surviving Corporation.
Members and Policyholders. At the Effective Time, the members of NFMIC shall automatically become members and policyholders of the Surviving Corporation. All premiums and assessments paid by the members of NFMIC shall be deemed to have been paid to the Surviving Corporation for the purpose of determining the value of each member’s equitable share of the value of the Surviving Corporation.
Members and Policyholders. At the Effective Time, the members of TCMTIC shall automatically become members and policyholders of the Surviving Corporation. All premiums and assessments paid by the members of TCMTIC shall be deemed to have been paid to the Surviving Corporation for the purpose of determining the value of each member’s equitable share of the value of the Surviving Corporation.
Members and Policyholders. At the Effective Time, the members of the Non-Continuing Corporation shall automatically become members and policyholders of the Converted Corporation. All premiums and assessments paid by the members of the Non- Continuing Corporation shall be deemed to have been paid to the Converted Corporation for the purpose of determining the value of each member’s equitable share of the value of the Converted Corporation.
Members and Policyholders. At the Effective Time, the members of CMIC shall automatically become members and policyholders of the Surviving Corporation. All premiums and assessments paid by the members of CMIC shall be deemed to have been paid to the Surviving Corporation for the purpose of determining the value of each member’s equitable share of the value of the Surviving Corporation.
Members and Policyholders. At the Effective Time, the members of NHMIC shall automatically become members and policyholders of the Surviving Corporation. All premiums and assessments paid by the members of NHMIC shall be deemed to have been paid to the Surviving Corporation for the purpose of determining the value of each member’s equitable share of the value of the Surviving Corporation.
Members and Policyholders. At the Effective Time, the members of Heartland shall automatically become members and policyholders of the Surviving Corporation. All premiums and assessments paid by the members of Heartland shall be deemed to have been paid to the Surviving Corporation for the purpose of determining the value of each member’s equitable share of the value of the Surviving Corporation.
Members and Policyholders. At the Effective Time, the members of SGMIC shall automatically become members and policyholders of the Surviving Corporation. All premiums and assessments paid by the members of SGMIC shall be deemed to have been paid to the Surviving Corporation for the purpose of determining the value of each member’s equitable share of the value of the Surviving Corporation.
Members and Policyholders. At the Effective Time, the members of Xxxxxx shall automatically become members and policyholders of the Converted Corporation and the members of Sugar creek shall continue as members and policyholders of the Converted Corporation. All premiums and assessments paid by the members of each respective Constituent Corporation shall be deemed to have been paid to the Converted Corporation for the purpose of determining the value of each member’s equitable share of the value of the Converted Corporation.
