Common use of Policyholder Notices Clause in Contracts

Policyholder Notices. Upon the request of the Reinsurer to reinsure, on an assumption basis, a Reinsured Policy pursuant to Section 2.1 hereof, and to the extent that the reinsurance of such Reinsured Policy is permitted or approval therefore has been granted under applicable laws, rules or regulations or positions of insurance regulatory authorities, the Reinsurer shall prepare, with the cooperation of the Company, a Policyholder notice (“Policyholder Notice”), certificate of assumption (“Certificate of Assumption”) and objection form (“Objection Form”), and mail them to the Policyholder of such Reinsured Policy. Subject to regulatory requirements of the various states, the Policyholder Notices, Certificates of Assumption and Objection Forms to be delivered to Policyholders pursuant to this Section 3.1 shall be substantially in the forms attached hereto as Exhibit A, B and C, respectively.

Appears in 4 contracts

Samples: Assumption Reinsurance Agreement, Assumption Reinsurance Agreement (Utg Inc), Assumption Reinsurance Agreement (Utg Inc)

AutoNDA by SimpleDocs

Policyholder Notices. Upon the request of the Reinsurer to reinsure, on an assumption basis, a Reinsured Policy pursuant to Section 2.1 hereof, and to the extent that the reinsurance of such Reinsured Policy is permitted or approval therefore has been granted under applicable laws, rules or regulations or positions of insurance regulatory authorities, the Reinsurer shall prepare, with the cooperation of the Company, a Policyholder notice ("Policyholder Notice"), certificate of assumption ("Certificate of Assumption") and objection form ("Objection Form"), and mail them to the Policyholder of such Reinsured Policy. Subject to regulatory requirements of the various states, the Policyholder Notices, Certificates of Assumption and Objection Forms to be delivered to Policyholders pursuant to this Section 3.1 shall be substantially in the forms attached hereto as Exhibit Exhibits A, B and C, respectively.

Appears in 3 contracts

Samples: Assumption Reinsurance Agreement (United Income Inc), Assumption Reinsurance Agreement (First Commonwealth Corp), Assumption Reinsurance Agreement (United Trust Inc /Il/)

AutoNDA by SimpleDocs

Policyholder Notices. Upon the request of the Reinsurer to reinsure, on an assumption basis, a Reinsured Policy pursuant to Section 2.1 hereof, and to the extent that the reinsurance of such Reinsured Policy is permitted or approval therefore has been granted under applicable laws, rules or regulations or positions of insurance regulatory authorities, the Reinsurer shall prepare, with the cooperation of the Company, a Policyholder notice ("Policyholder Notice"), certificate of assumption ("Certificate of Assumption") and objection form ("Objection Form"), and mail them to the Policyholder of such Reinsured Policy. Subject to regulatory requirements of the various states, the Policyholder Notices, Certificates of Assumption and Objection Forms to be delivered to Policyholders pursuant to this Section 3.1 shall be substantially in the forms attached hereto as Exhibit A, B and C, respectively.

Appears in 1 contract

Samples: Assumption Reinsurance Agreement (Utg Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.