Common use of No New Business Clause in Contracts

No New Business. With respect to the Reinsured Policies, no new insurance or reinsurance treaties shall be reinsured by the Borrower after the Closing Date, other than as expressly permitted under the Reinsurance Agreement or Section 6.01(h)(ii).

Appears in 6 contracts

Samples: Reimbursement Agreement (Protective Life Insurance Co), Reimbursement Agreement (Protective Life Corp), Reimbursement Agreement (Protective Life Insurance Co)

AutoNDA by SimpleDocs

No New Business. With respect to the Reinsured Policies, no new insurance or reinsurance treaties shall be reinsured by the Borrower after the Original Closing Date, other than the UILIC Block or as expressly permitted under the Reinsurance Agreement or Section 6.01(h)(ii).

Appears in 2 contracts

Samples: Reimbursement Agreement (Protective Life Insurance Co), Reimbursement Agreement (Protective Life Corp)

AutoNDA by SimpleDocs

No New Business. With respect to the Reinsured Policies, no new insurance or reinsurance treaties shall be reinsured by the Borrower after the Original Closing Date, other than the UILIC Block and the MLOA Block or as expressly permitted under the Reinsurance Agreement or Section 6.01(h)(ii).

Appears in 2 contracts

Samples: Reimbursement Agreement (Protective Life Insurance Co), Reimbursement Agreement (Protective Life Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!