New Purchases. This SMA covers all products and services that are purchased through a fully executed ImageSoft Statement of Work (SOW) which specifically references this agreement and where the products and services are explicitly identified as covered under this agreement.
New Purchases. Although every effort will be made to remain within the quality, diversification, and other standards outlined below in this Schedule I, it is understood that this may not be possible for small asset portfolios. Nevertheless, at no time while the segmented portfolio is at least $250 million in statutory admitted asset value will purchases be made that will allow the segmented portfolio to diverge from the standards outlined below without the consent of the Reinsurer.
New Purchases. Although every effort will be made to remain within the quality, diversification, and other standards outlined below in this Schedule I, it is understood that this may not be possible for small asset portfolios. Nevertheless, at no time while the Segregated Portfolio is at least $250 million in statutory admitted asset value will purchases be made that will allow the Segregated Portfolio to diverge from the standards outlined below without the consent of the Reinsurer.
New Purchases. If the Transferor offers for sale and assignment further Eligible Assets to the CBC in accordance with Clause 2.1 of the Guarantee Support Agreement, the Administrator shall (i) arrange for the purchase and acceptance of assignment by the CBC of the Eligible Assets in accordance with Clause 2 of the Guarantee Support Agreement and (ii) if requested by the CBC, request the Subordinated Loan Provider to grant a Subordinated Loan Advance in the form as agreed between the Subordinated Loan Provider and the CBC.
