Structured Settlements. To fund any agreement providing for periodic payments in satisfaction of a claim. See L.1983, c.919, §2.
Structured Settlements. Contractor will insure that all structured settlements offered as part of a negotiated settlement are offered in relation to a fixed dollar amount. Under the general supervision of the CCA, Contractor will:
Structured Settlements. The parties hereto agree that all arrangements in existence as of the date hereof related to the purchase of structured claims settlements by TPC or any of its Subsidiaries from TIC or its subsidiaries, will continue, on the same economic terms as in existence on the date hereof, until December 31, 2003. During the calendar year 2004, TPC and any of its Subsidiaries will utilize TIC or its subsidiaries as its most preferred provider of such structured settlement claims; provided, TIC or its subsidiaries maintain competitive ratings and its product are competitively priced.
Structured Settlements. (a) During the period of time from the Closing Date through the fifth anniversary of the Closing Date, subject to Section 5.3.2(b) of this Agreement, (i) Seller shall use commercially reasonable efforts, and Parent shall cause F&G Life and Xxxxxx Xxxxxxxxx Life to use commercially reasonable efforts, to continue the Structured Settlements Program with substantially similar procedures and protocols as those in effect as of the date of this Agreement, including those set forth in Section 5.3.2(a)(i) of Seller's Disclosure Schedule (collectively, the "Protocols") and (ii) Seller shall, and Parent shall cause each of F&G Life and Xxxxxx Xxxxxxxxx Life to, use its commercially reasonable efforts to follow the terms and conditions of the Protocols. The Protocols shall include, but need not be limited to, Seller (x) providing F&G Life, in the case of non-New York business, and Xxxxxx Xxxxxxxxx Life, in the case of New York business, the right (A) to submit quotes on each potential structured settlement (except where placement of business with F&G Life or Xxxxxx Xxxxxxxxx Life would not be allowed under an applicable court order or Law or the Structured Settlement Provider Standards, and (B) of last refusal on matching the lowest quote of other bidders in respect thereof, and (y) purchasing structured settlement annuities from F&G Life or Xxxxxx Xxxxxxxxx Life, as the case may be, in accordance with the Protocols. The term "Structured Settlement Provider Standards" shall mean the selection criteria and standards, as revised from time to time and consistently applied by Seller, with respect to selection of providers of structured settlement annuities and funding agreements as to minimum acceptable credit rating, service quality and other similar standards for providers of structured settlement annuities and funding agreements, which criteria and standards as of the date hereof are set forth, in part, in Section 5.3.2(a)(ii) of Seller's Disclosure Schedule.
Structured Settlements. 58 Section 9.18
Structured Settlements. The QSF, by and through the Administrator, may purchase and assign any structured settlements created under any release agreements entered into between the Administrator and the Claimant. The Administrator shall also be authorized to enter into non-qualified assignments for the convenience of the Claimants to the extent that attorneys’ fees are to be paid as part of their obligations under existing contingency fee agreements1. Any structured settlement annuity contract shall be issued by a life insurance company that is rated A+ or better by A.M. Best Company.
