Common use of Rate and Form Filings Clause in Contracts

Rate and Form Filings. Subject to the Company’s rights in Section 3.4 hereof, the Administrator shall have the authority, with respect to the Covered Insurance Policies that constitute Reinsured Business, to make filings with applicable regulatory authorities, in the name and on behalf of the Company to (i) maintain the Company’s current rate and form filings with Governmental Authorities, (ii) effect changes to the Company’s rates and policy forms to the extent such changes are required by Applicable Law provided the Administrator gives the Company written notice of the nature of such required change not less than 10 Business Days prior to the proposed effective date thereof to the extent possible under Applicable Law, (iii) apply for changes in the premium rates that may be charged for the Covered Insurance Policies from time to time and make related amendments to the applicable policy forms including, without limitation, applications, endorsements and riders; provided that a copy of the generic rate change and related generic policy form filing shall be delivered to the Company at least fifteen (15) Business Days in advance of the date that Administrator begins making state specific filings to the extent possible under Applicable Law; (iv) apply for other amendments to the applicable Covered Insurance Policy forms including applications, endorsements and riders, provided that Administrator shall deliver copies of policy form filings it made with state regulatory authorities promptly upon the request of the Company; and (v) solely with respect to the Administrator’s right to issue New Policies pursuant to, and subject to the provisions of, Section 3.8 hereof, apply for new policy forms and associated rates including applications, endorsements and riders, provided that a copy of the generic rate change and related generic policy form filing shall be delivered to the Company at least ten (10) Business Days in advance of the date that Administrator begins making state specific filings to the extent possible under Applicable Law. The Company shall cooperate with the Administrator, at the Administrator’s expense, in seeking approval of any reasonable filing made pursuant to this Section.

Rate and Form Filings. Subject to the Company’s rights in Section 3.4 hereof, the The Administrator shall have the authority, authority with respect to the Covered Insurance Policies that constitute Reinsured Business, Contracts to make filings with applicable regulatory authorities, in the name and on behalf of the Company to (i) maintain the Company’s current rate and form filings with Governmental Authorities, ; (ii) effect changes to the Company’s rates and policy forms to the extent such changes relate exclusively to the Administered Business and are required by Applicable Law provided the Administrator gives the Company written notice of the nature of such required change not less than 10 ten (10) Business Days prior to the proposed effective date thereof to the extent possible under Applicable Law, (iii) apply for changes in the premium rates that may be charged for the Covered Insurance Policies Reinsured Contracts from time to time and make related amendments to the applicable policy forms including, without limitation, applications, endorsements and riders; provided that a copy of the generic rate change and related generic policy form filing shall be delivered to the Company at least fifteen (15) Business Days in advance of the date that Administrator begins making state specific filings to the extent possible under Applicable Law; and (iv) apply for other amendments to the applicable Covered Insurance Policy Reinsured Contract forms including applications, endorsements and riders, provided that Administrator shall deliver copies of policy form filings it made makes with state regulatory authorities promptly upon the request of the Company; and (v) solely with respect to the Administrator’s right to issue New Policies pursuant to, and subject to the provisions of, Section 3.8 hereof, apply for new policy forms and associated rates including applications, endorsements and riders, provided that a copy of the generic rate change and related generic policy form filing shall be delivered to the Company at least ten (10) Business Days in advance of the date that Administrator begins making state specific filings to the extent possible under Applicable Lawauthorities. The Company shall cooperate with the Administrator, at the Administrator’s expense, in seeking approval of any reasonable filing made pursuant to this SectionSection 3.9. In the event of a merger or similar reorganization of the Company prior to December 31, 2018, at the Company’s expense, the Company shall, sufficiently in advance of such merger or reorganization, file all of the Company’s forms and rates then in use for the Additional Insurance Contracts with all Governmental Authorities that are required in any jurisdiction to receive and/or approve such forms and rates prior to their use in such jurisdiction and, if required by Applicable Law, obtain approval by the relevant Governmental Authorities in writing, such that from and after such merger or reorganization, the Additional Insurance Contracts may be issued or renewed by the Administrator in the name of successor company in such merger or reorganization in accordance with Section 3.6.