Examples of Alternative Arrangement in a sentence
Notwithstanding anything herein to the contrary, no Partial Assignment of any Shared Contract or Acceptable Alternative Arrangement shall be completed if it would violate any applicable Law or the rights of any third party to such Shared Contract.
In the event an Alternative Arrangement is implemented, prior to the relevant payment date, the Insurer will be responsible to deposit cash in an amount sufficient to cover all such Annuity Payments and any related administrative costs into an account designated by the Company for such purpose.
UseSection 3 of this form to indicate the alternative arrangement desired.Section 3: Alternative ArrangementsOnly use this section if you have selected Alternative Arrangement in Section 2.
The Company will cooperate in good faith with the Insurer to find an Alternative Arrangement.
To the extent that Purchaser receives such benefits, Purchaser shall assume Seller's Liabilities thereunder arising on or after the Closing Date with respect to such Alternative Arrangement and Purchaser shall perform any such obligations of Seller arising under such Alternative Arrangement.