Additional Projects definition

Additional Projects are operational or technology changes required for the Reinsured Contracts to maintain legal and regulatory compliance with Applicable Law and the mandates of Governmental Authorities with jurisdiction. With respect to Additional Projects, Company shall provide to Reinsurer: (i) written documentation of the legal, regulatory or compliance requirement for which the operational or technology change is being made, and (ii) a good faith estimate of the associated costs and expenses for implementation of such operational or technology change. Costs and expenses for Additional Projects shall be billed to and paid by Reinsurer based upon the proportionate share of in-force Reinsured Contracts to the total number of in-force Company structured settlement immediate annuity contracts during the period when the charges are incurred. Costs and expenses for Additional Projects shall be directly billed to and paid by Reinsurer, in accordance with the provisions set forth herein, after such costs and expenses are incurred by Company, its Subsidiaries or Affiliates.
Additional Projects shall have the meaning set forth in Section 3.3(a).
Additional Projects means public capital improvements, including equipment, financed in whole or in part with the proceeds of Additional Bonds.

Examples of Additional Projects in a sentence

  • Additional Projects (Identified after Re-Assessment Studies) 1 (C).

  • Costs and expenses for Additional Projects shall be directly billed to and paid by Reinsurer, in accordance with the provisions set forth herein, after such costs and expenses are incurred by Company, its Subsidiaries or Affiliates.

  • With respect to Additional Projects, Company shall provide to Reinsurer: (i) written documentation of the legal, regulatory or compliance requirement for which the operational or technology change is being made, and (ii) a good faith estimate of the associated costs and expenses for implementation of such operational or technology change.

  • Costs and expenses for Additional Projects or Requested Projects shall be paid by Reinsurer in accordance with the provisions set forth herein.

  • Costs and expenses for Additional Projects shall be billed to and paid by Reinsurer based upon the proportionate share of in-force Reinsured Contracts to the total number of in-force Company structured settlement immediate annuity contracts during the period when the charges are incurred.


More Definitions of Additional Projects

Additional Projects means any projects which may be added to the Projects by Supplemental Trust Agreement, which projects constitute authorized uses of the proceeds of Bonds under the Revenue Bond Act and the Resolution.
Additional Projects has the meaning given in clause 4.1. AEST means Australian Eastern Standard Time (UTC + 10 hours).
Additional Projects means such capital improvements as the City may designate by resolution of the Governing Body of the City.
Additional Projects means public capital improvements, including equipment, located within the City and financed in whole or in part with the proceeds of Additional Bonds.
Additional Projects means the acquisition of the evidence(s) of payment executed and delivered by PSPRS as a result of any Future Funding.
Additional Projects means those capital projects to be undertaken by the District in addition to the Seismic Remediation Improvements which have the effect of
Additional Projects is defined in Section hereof.