Assumption Procedures definition

Assumption Procedures means those procedures applicable to the depopulation of CITIZENS policies under subparagraphs (p) 3-6 of Subsection 627.351 (6), Section 627.3511, and Section 627.3517, Florida Statutes, and this Agreement, as set forth in Exhibit D attached hereto.
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Assumption Procedures means the procedures adopted by the Commissioner for use with the Depopulation Program, 28 TAC §5.4301 et seq., attached as Exhibit B.
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Assumption Procedures means the procedures for the assumption and assignment of Executory Contracts as contemplated in this Agreement, the Bidding Procedures and the Bidding Procedures Order.
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Examples of Assumption Procedures in a sentence

  • Pursuant to this Agreement and the Assumption Procedures, the Insurer shall remove by Assumption all of the Tagged Policies set forth on Exhibit A or supplements thereto, if available for removal on the Assumption Date pursuant to this Agreement and as approved by the Office.

  • All Assumptions for each supplement to Exhibit A (e.g., Exhibit ▇-▇, ▇-▇, etc.) shall be in accordance with the terms and provisions of this Agreement and the Assumption Procedures.

  • The Insurer shall remove the Removed Policies by Assumption in accordance with this Agreement and the Assumption Procedures and shall offer to renew the Insurer’s Replacement Policy for a period of three (3) years subsequent to the expiration of the Removed Policy.

  • The Insurer shall remove the Removed Policies by Assumption in accordance with this Agreement and the Assumption Procedures and shall offer to renew the Insurer's Replacement Policy for a period of three (3) years subsequent to the expiration of the Removed Policy.

  • The Insurer shall comply with all applicable Assumption Procedures.

  • On and after the Effective Time, all certificates that represented Limited Voting Shares immediately prior to the Effective Time will cease to represent any rights with respect to Limited Voting Shares and will only represent the right to receive the applicable portion of the Acquisition Price payable pursuant to the Plan of Arrangement.

  • Pursuant to this Agreement and the Assumption Procedures, the Carrier shall remove by Assumption all of the Removed Policies set forth on Exhibit A or supplements thereto, if available for removal on the Assumption Date.

  • All Assumptions for each supplement to Exhibit A ( e.g., Exhibit A-▇, ▇-▇, etc.) shall be in accordance with the terms and provisions of this Agreement and the Assumption Procedures.

  • The Carrier shall remove by Assumption the Policies set forth on Exhibit A in accordance with this Agreement and the Assumption Procedures and shall offer to issue and renew the Carrier's Policy for a period of three (3) years subsequent to the expiration of the assumed Policy.

  • The leases for such locations shall be treated under the Executory Contract Assumption Procedures but Purchaser shall be responsible for the actual carry costs of keeping the location open (including payroll for employees who are retained and fixture, equipment and other personal property payments required to be made at such locations) from January 29, 1998 and not the Closing Date.


More Definitions of Assumption Procedures

Assumption Procedures means those procedures required by CITIZENS to comply with the provisions of Section 627.3517, Florida Statutes, and this Agreement, as set forth in Exhibit E attached hereto.
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