Assuming company definition

Assuming company means a Vermont-domiciled company
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Assuming company has the meaning set forth in the preamble.
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Assuming company means a Vermont-domiciled company established specifically to acquire a closed block under a legacy insurance transfer plan approved by the Commissioner.
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Examples of Assuming company in a sentence

  • Assuming [Company] will be providing system documentation to [Distributor], you should include the following Section 6.2. This section not only describes the documentation and designates the number to be provided, but it allows [Distributor] to reproduce and translate them.


More Definitions of Assuming company

Assuming company means an insurer as defined in Section 27-14.5-1(6) that has filed an application to assume commercial insurance or reinsurance business pursuant to this Regulation.
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Assuming company means the insurance company, fraternal benefit society, health care service contractor, or health maintenance organization which proposes to acquire one or more insurance contracts, together with all or substan- tially all of the liabilities arising under any such insurance contracts or contracts, from a transferring company.
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Assuming company means an insurer as defined in R.I. Gen. Laws §
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Assuming company means a reinsurer in a reinsurance transaction. The assuming company is obligated to reimburse the ceding company for claims made according to the terms and conditions of the reinsurance contract.
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Assuming company means an insurer as defined in R.I. Gen. Laws § 27-14.5-1(6) that has filed an application to assume commercial insurance or reinsurance business pursuant to this Regulation.
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Assuming company will provide administration for all such Run Out Claims in accordance with this Agreement and administration services shall mean those services specified in paragraph A.1 of this Article.
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Related to Assuming company

  • Acquisition Sub shall have the meaning set forth in the Preamble.

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • Seller Parent has the meaning set forth in the Preamble.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Leasing company means that term as defined in 49 USC 14504a.

  • SCB means Standard Chartered Bank.

  • Parent means a "parent corporation," whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Forest means an area of land defined by the minimum values for area size, tree crown cover or an equivalent stocking level, and potential tree height at maturity at the place of growth of the trees as specified for each Member State in Annex II. It includes areas with trees, including groups of growing, young, natural trees, or plantations that have yet to reach the minimum values for tree crown cover or an equivalent stocking level or minimum tree height as specified in Annex II, including any area that normally forms part of the forest area but on which there are temporarily no trees as a result of human intervention, such as harvesting, or as a result of natural causes, but which area can be expected to revert to forest;

  • DOH means the department of health.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • Merger Subsidiary has the meaning set forth in the preamble to this Agreement.

  • Gas company means any person distributing gas within the corporate limits or authorized and proposing to so engage.

  • Minor parent means an individual under the age of 18 who is not emancipated under 1968 PA 293, MCL 722.1 to 722.6, and who is either the biological parent of a child living in the same household or a pregnant woman.

  • Merger Sub has the meaning set forth in the Preamble.

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);