Common use of Regulatory Notice Clause in Contracts

Regulatory Notice. Notwithstanding anything in Sections 12, 13 and 18, no assignment, amendment or modification or termination shall be effective unless such assignment, amendment modification or termination is (a) filed with the New Jersey Department of Banking and Insurance (“NJDOBI”) at least 30 days prior to the proposed effective date, (b), not disapproved by the NJDOBI, (c) made in writing and (d) signed by the parties hereto.

Regulatory Notice. Notwithstanding anything in Sections 12, 13 and 18, no No assignment, amendment or modification amendment, modification, or termination shall be effective unless such assignment, amendment modification amendment, modification, or termination is (ai) filed with the New Jersey Department of Banking and Insurance (“NJDOBI”) at least 30 days prior to the proposed effective date, (b), ii) not disapproved by the NJDOBI, (ciii) made in writing writing, and (div) signed by the parties hereto.