Examples of Assumption Certificate in a sentence
As promptly as possible after the receipt of any Required Assumption Approvals, the Reinsurer shall issue to each of the Policyholders of the Assumed Policies an Assumption Certificate, and provide satisfactory evidence thereof to the Company.
However, nothing contained in this Assumption Certificate will vary, alter, waive or extend any of the terms, conditions, agreements or limitations of your Policy(ies).
The Agent shall, as soon as reasonably practicable after it has executed an Assignment and Assumption Certificate, send to the Borrower a copy of that Assignment and Assumption Certificate.
Approval will be required for the Assumption Reinsurance Agreement, Assumption Certificate and Notice of Transfer and related documents in various states in order for MAC to assume and novate the Coinsured Contracts.
The Assumption Certificate shall be effective on the applicable Assumption Effective Date, and shall be mailed to each Policyholder's last known address of record furnished to the Reinsurer by the Company.
Upon receiving a request for assumption, City staff will provide the Owner with an assumption requirements letter that summarizes the conditions that must be fulfilled prior to the issuance of the Assumption Certificate with clear links to the associated clauses of the Subdivision Agreement.
GABC shall issue an Assumption Certificate to the Contractowners in accordance with Section 4.6 of the Restructuring Plan in substantially the form of Exhibit C within 120 days after the Closing Date to evidence GABC’s assumption of the GABC Obligations.
To this point, the TISN has mostly serviced large companies with staff who are devoted to security, risk, government relations and business intelligence.
The date, set forth in the Assumption Certificate issued by the Reinsurer with respect to a Coinsured Policy, upon which the Coinsured Policy shall be assumed by the Reinsurer on an assumption reinsurance basis pursuant to this Agreement, which shall not be earlier than either: (i) February 28, 2004, or (ii) the date on which all Required Assumption Approvals and Required Assumption Consents have been obtained in the state where such Coinsured Policy was issued or delivered.
Within thirty (30) days after the Effective Date, the Trust shall issue and send by first-class mail an Assumption Certificate in the form as set forth on Exhibit D to each of the Trust's insureds as shown on the books and records of the Trust.