Memorandum of Variable Material Sample Clauses

Memorandum of Variable Material. (a) The submission must include a separate detailed Memorandum of Variable Material to explain any variable material in the policy forms. The Memorandum of Variable Material should be drafted in sufficient detail to determine the scope of variation for each variable item. Where text is variable, the memorandum should include alternative text and/or an explanation of when the bracketed text will be omitted from the form. Similarly, variable numerical items should include the range (i.e. minimum and maximum) of variation. An explanation of variable material that the variations "will conform to law" or "as requested by the policyholder" is not acceptable. It should be clear which item in the explanation corresponds to which variable item in the form. One option would be to number the items in the explanation of variable material and place the number of the item from the explanation next to the corresponding variable item in the form. The Memorandum of Variable Material is subject to approval and must comply with all substantive and procedural filing guidance issued by the Department.
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Memorandum of Variable Material. The submission must include a separate detailed Memorandum of Variable Material to explain any variable material in the policy forms. The Memorandum of Variable Material is subject to approval and must comply with all substantive and procedural filing guidance issued by the Department.
Memorandum of Variable Material a) The submission must include a separate detailed Memorandum of Variable Material to explain any variable material in the policy forms. The Memorandum of Variable Material should be drafted in sufficient detail to determine the scope of variation for each variable item. Where text is variable, the memorandum should include alternative text and/or an explanation of when the bracketed text will be omitted from the form. Similarly, variable numerical items should include the range (i.e. minimum and maximum) of variation. It should be clear which item in the explanation corresponds to which variable item in the form. One option would be to number the items in the explanation of variable material and place the number of the item from the explanation next to the corresponding variable item in the form. The Memorandum of Variable Material is subject to approval and must comply with all substantive and procedural filing guidance issued by the Department.

Related to Memorandum of Variable Material

  • MEMORANDUM OF AGREEMENT Contemporaneously with the execution of this Agreement, the Parties shall execute, acknowledge, deliver and record a “short form” memorandum of this Agreement in the form of Exhibit J attached hereto (as modified, including by the addition of any required property descriptions, required by local law and practice to put such Memorandum of record and put third parties on notice of this Agreement), which shall be placed of record in each state and county in which the currently-existing Dedicated Properties are located. Further such memoranda shall be executed and delivered by Shipper as Gatherer from time to time requests to evidence the dedication of additional areas or Oil and Gas Interests under this Agreement.

  • MEMORANDUM OF UNDERSTANDING Re: Nurses Committee The parties acknowledge that the Registered Nurses’ Union Newfoundland and Labrador (RNUNL) have indicated that they have issues of concern unique to Nurses who live and work in Labrador and that the RNUNL will attempt to address these concerns through a committee which will be established subsequent to these negotiations.

  • TERM OF MEMORANDUM OF UNDERSTANDING This MOU shall be effective July 1, 2017 and together with all the terms, conditions and effects thereof, shall expire as of midnight on June 30, 2020.

  • Memorandum of Lease Lessor and Lessee shall promptly upon the request of either enter into a short form memorandum of this Lease, in form suitable for recording under the laws of the State in which reference to this Lease, and all options contained herein, shall be made. Lessee shall pay all costs and expenses of recording such memorandum of this Lease.

  • PARTIES TO MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding (hereinafter referred to as MOU) is entered into on between the City Administrative Officer (CAO) as the authorized management representative of the City and the authorized management representatives of any City Department in which classifications listed in the Appendices may be employed (hereinafter referred to as Management) and authorized representatives of the Engineers and Architects Association (EAA or Association) as the exclusive recognized employee organization for the Administrative Unit (Unit).

  • MEMORANDUM At the sale by Public Auction this 23rd day of February 2023, of the property comprised in the foregoing particulars that is to say the rights, title, interest and benefits in relation to the property identified as Parcel No.303, Storey No.22, Building No.M1 together with Accessory Parcel No.A409 and bearing postal address at Xxxx Xx. 00-0, Xxxxx XXX, Xx.000, Xxxxx Xxxx Xxxxxxxx, Xxxxxxx Xxxx, 50300 Kuala Lumpur developed by the developer /proprietor as stated in the Proclamation of Sale, the highest bidder stated below has been declared as the Purchaser of the said property for the sum of RM _ ,and a sum of RM has been paid to the Bank by way of deposit and agrees to pay the balance of the purchase money and complete the purchase according to the conditions aforesaid. The said Auctioneer hereby confirms the said Xxxxxxxxx and the Solicitor acknowledge receipt of the said deposit on behalf of the Assignee/Bank. PURCHASER'S PARTICULARS:- PURCHASE MONEY : RM NAME: TAXES (IF APPLICABLE) : RM NRIC NO: DEPOSIT MONEY : RM ADDRESS: BALANCE DUE : RM TELEPHONE NO: RA SIGNED BY THE ABOVENAMED PURCHASER(S) ) ) )---------------------------------------------------- SIGNED BY MESSRS JAL & LIM ) SOLICITORS FOR THE BANK ) ) NAME: ) ---------------------------------------------------- SIGNED BY MESSRS RAJAN AUCTIONEERS SDN. BHD. ) LICENSED AUCTIONEER ) X.XXXXX ) ---------------------------------------------------- Online Terms and Conditions

  • Site Memorandum The Design Professional agrees to comply fully with the requirements of the attached Exhibit F, Site Memorandum. The Design Professional agrees to notify the Owner, at once and in any event within ten calendar days after execution of this Contract, of the amount of money the Owner should budget in order to cover costs identified in the Site Memorandum. The Design Professional agrees that, without cost to the Owner, the Design Professional shall make such proper and reasonable changes in the Site Plan and preliminary foundation design that are either necessary or desirable as required by the Stage One statement and subsequent investigation by the geotechnical engineer (see Subparagraph 1.1.2.6.3) obtained pursuant to the Site Memorandum. All information should be incorporated into the final Site Plan and final foundation design for the Stage Two statement. The Design Professional shall file copies with the Owner and accompany them with a current Statement of Probable Construction Cost, in the format shown in the Forms Packet, as a part of the next submittal required by this Contract. (See ASTM Standard Practice E 1804-02, August 2002, Section 8.4 for guidance on information which is generally developed in site development documents.)

  • Disclosure Statement A disclosure statement of the Property signed and dated by the Seller;

  • Risk Disclosure Statement Counterparty represents and warrants that it has received, read and understands the OTC Options Risk Disclosure Statement provided by Dealer and a copy of the most recent disclosure pamphlet prepared by The Options Clearing Corporation entitled “Characteristics and Risks of Standardized Options”.

  • Memorandum of Understanding/Settlements The Parties recognize that during the term of this Agreement situations may arise which require that terms and conditions not specifically and clearly set forth in the Agreement must be clarified or amended. Under such circumstances, the PBA is specifically authorized by employees to enter into the settlement of grievance disputes or memorandum of understanding which clarifies or amends this Agreement, without having to be ratified by employees.

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