Certain Changes definition

Certain Changes. Has the meaning specified in Section 4.02(c).
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Certain Changes. In determining any component of Adverse Reserve Development, there shall be taken into account, as appropriate, changes in insurance industry standards, generally accepted accounting principles, generally accepted actuarial standards and changes in prevailing law. Without limiting the foregoing, in the event of any legislative reform that has the effect of reducing any liability that relates to Protected Business, the Adverse Reserve Development shall be appropriately reduced. Conversely, in the event of any legislative reform that has the effect of substantially transforming any liability that relates to Protected Business into a charge that would not be included in the definition of "Adverse
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Examples of Certain Changes in a sentence

  • Absence of Certain Changes or Events.................................

  • Absence of Certain Changes or Events........................................

  • Absence of Certain Changes or Events..................................

  • Absence of Certain Changes.........................................

  • Absence of Certain Changes...................................................

  • Absence of Certain Changes.......................................

  • Absence of Certain Changes or Events...............................

  • Absence of Certain Changes or Events...........................................

  • Absence of Certain Changes or Events.....................................................

  • Notwithstanding the foregoing, the representations and warranties of NCC set forth in Section 6.6 (Absence of Certain Changes or Events) and Section 6.10 (Statements True and Correct) shall be true and correct in all respects as of the date of this Agreement and as of the Effective Time with the same effect as though all such representations and warranties had been made on and as of the Effective Time.