AGREEMENT OF RESTRUCTURING IN CONNECTION WITH THE LIQUIDATION OFRestructuring Agreement • April 23rd, 2012 • New York
Contract Type FiledApril 23rd, 2012 JurisdictionThis AGREEMENT, dated as of April 23, 2012 (“Agreement”), has been made and entered into by and among the Superintendent of Financial Services (formerly known as the Superintendent of Insurance) of the State of New York (“Superintendent”), in his capacity as the statutory receiver (“Receiver”) of Executive Life Insurance Company of New York, a New York corporation (“ELNY”), the National Organization of Life and Health Insurance Guaranty Associations (“NOLHGA”) and the Participating Guaranty Associations (“PGAs”), and shall be joined by NEWCO (as defined herein), and The Life Insurance Guaranty Corporation existing under Article 75 of the New York Insurance Law (“New York Article 75 GA”).
AGREEMENT OF RESTRUCTURING IN CONNECTION WITH THE LIQUIDATION OFRestructuring Agreement • April 23rd, 2012 • New York
Contract Type FiledApril 23rd, 2012 JurisdictionThis AGREEMENT, dated as of April 23, 2012 (“Agreement”), has been made and entered into by and among the Superintendent of Financial Services (formerly known as the Superintendent of Insurance) of the State of New York (“Superintendent”), in his capacity as the statutory receiver (“Receiver”) of Executive Life Insurance Company of New York, a New York corporation (“ELNY”), the National Organization of Life and Health Insurance Guaranty Associations (“NOLHGA”) and the Participating Guaranty Associations (“PGAs”), and shall be joined by NEWCO (as defined herein), and The Life Insurance Guaranty Corporation existing under Article 75 of the New York Insurance Law (“New York Article 75 GA”).