Certificate of Assumption definition

Certificate of Assumption shall have the meaning set forth in Section 3.1.
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Certificate of Assumption means the certificate required under Section 2.B. to be mailed with the Notice of Assumption and Policy Expiration by the Insurer to the policyholder, with a copy to the agent, to attach to the assumed TWIA policy.
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Certificate of Assumption shall have the meaning specified in Subsection 2.2.2 hereof.
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Examples of Certificate of Assumption in a sentence

  • Schedule A Ceding Company Separate Accounts Exhibit 1 Form of Policyholder Notice Exhibit 2 Form of Certificate of Assumption THIS ASSUMPTION REINSURANCE AGREEMENT (this “Agreement”) is made and entered into on January1, 2024 by and between Equitable Financial Life Insurance Company, a New York-domiciled insurance company (the “Ceding Company”), and Equitable Financial Life Insurance Company of America, an Arizona -domiciled insurance company (the “Assuming Company”).

  • TRANSFER OF POLICY You were previously sent a Notice of Transfer and Certificate of Assumption notifying you that Zenith Insurance Company has agreed to replace RISCORP National Insurance Company as your insurer under [insert policy/certificate name and number] effective [insert date].

  • The Novated Contracts shall continue and remain in full force and effect, except as modified by the Notice and Certificate of Assumption.

  • Then, and in that event only, the Company, with the prior approval by the Superintendent of Insurance of the state of New York of the Certificate of Assumption on New York risks, is entirely released from its obligation and the Reinsurers will pay any loss directly to payees under such policies.

  • TRANSFER OF POLICY You were previously sent a Notice of Transfer and Certificate of Assumption notifying you that Zenith Insurance Company has agreed to replace RISCORP Property & Casualty Insurance Company as your insurer under [insert policy/certificate name and number] effective [insert date].

  • Certificate of Assumption to Duty –CSForm No. 4 (Series of 2018) (3 original,1 photocopy)Personnel Unit9.

  • Researchers planning to include children in research projects involving more than minimal risk must provide written documentation of the benefits that are likely to accrue to a child participating in the project.

  • SafeHealth Life Insurance Company has caused this Certificate of Assumption to be duly signed and issued.

  • The Certificate of Assumption shall also state inter alia, that Manulife America shall be liable to the policyholder or contractholder if Manulife USA fails to meet its obligations under the policy or contract.

  • This Notice and Certificate of Assumption forms a part of and should be attached to the Policy issued by RISCORP Insurance Company.


More Definitions of Certificate of Assumption

Certificate of Assumption shall have the meaning set forth in Section 3.1. “Coinsurance Agreement” shall have the meaning set forth in the first recital hereof. “Effective Date” shall have the same meaning as in the Coinsurance Agreement. “Extra Contractual Liabilities” shall have the same meaning as in the Coinsurance Agreement. “Insolvency Proceedings” shall have the meaning set forth in Section 9.5. “Notice of Objection” shall have the meaning set forth in Section 3.1. “Novated Policies” means the Reinsured Policies with respect to which no rejection of assumption has been filed by a Policyholder pursuant to the terms of Section 3.2 of this Assumption Agreement (or with respect to which other applicable regulatory requirements have been met), and with respect to which the terms of Section 3.4 apply. “Person” means any corporation, individual, joint stock company, joint venture, partnership, unincorporated association, governmental regulatory entity, country, state or political subdivision thereof, trust or other entity. “Policyholder” means a holder of a Reinsured Policy. “Policyholder Notice” shall have the meaning set forth in Section 3.1. “Policy Loans” shall have the same meaning as set forth in the Coinsurance Agreement. “Reinsured Policies” means all paid-up insurance policies, issued by the Company, that are in force on the Effective Date, except policies offered in settlement to so called “HIV” policyholders and paid-up business associated with the Company’s Jr./Sr. Plan Single Premium Interest Sensitive Whole Life Policies, including, without limitation, policy loans. “Reserves and Liabilities” means the statutory reserves held by the Company as of the Effective Date in support of the policy liabilities arising under the Reinsured Policies and payable after the Effective Date (determined by reference to lines 1, 5, 7 and 8 on page 3 of its 1995 Annual Statement Blank) less Policy Loans. “Reinsurance Agreement” shall have the same meaning as in the Coinsurance Agreement. ATRICLE II
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Certificate of Assumption shall have the meaning set forth in ------------------------- Article III hereof.
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Related to Certificate of Assumption

  • certificate of exemption means any document evidencing that the entity is exempt from

  • Certificate of Acceptance means written certification, delivered to Contractor and signed by an authorized representative of the State, stating that any Defects in a particular Phase or the Solution discovered after implementation and testing have been corrected as required under this Contract, and that the Phase complies in all material respects with all of the applicable Requirements.

  • Certificate of Amalgamation means the certificate of amalgamation to be issued by the Director in respect of the Amalgamation;

  • Notice of Assignment is defined in Section 12.3.2.

  • Certificate of approval means a certificate of approval obtained from the

  • Certificate of Amendment means the Certificate of Amendment of the Company, the form of which is attached as Exhibit A.

  • Certificate of Arrangement means the certificate of arrangement to be issued by the Director pursuant to subsection 192(7) of the CBCA in respect of the Articles of Arrangement;

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

  • Certificate of Completion means the certificate of completion given by the Engineer-in- charge pursuant to clause 40 of these conditions;

  • Certificate of Merger has the meaning set forth in Section 2.2.

  • Certificate of organization means the certificate required by section 489.201. The term includes the certificate as amended or restated.

  • Notice of assessment means a written notice by the division, based on a citation, that the employer must pay the amount of wages, penalties, or fines assessed.

  • Certificates of Merger has the meaning set forth in Section 2.2.

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • certificate of registration means registration with the College that allows the Participant to practise medicine in British Columbia, other than the certificate of registration which allowed the Participant to enrol in Postgraduate Medical Education;

  • Initial Certificate Transfer Opinion means an opinion rendered by nationally recognized tax counsel (i) upon the initial transfer by the Depositor of a Certificate that results in the Issuer being treated as a partnership for United States federal income tax purposes and (ii) while any Note retained by the Issuer or a Person that is considered the same Person as the Issuer for United States federal income tax purposes is outstanding that (x) such Note will be debt for United States federal income tax purposes or (y) the transfer by the Depositor of such Certificate will not cause the Issuer to be treated as an association or publicly traded partnership taxable as a corporation.

  • Delaware Certificate is defined in Section 2.1.

  • Merger Without Assumption provisions of Section 5(a)(viii) will apply to Party A and will apply to Party B.

  • Buyer Certificate means a certificate to the effect that each of the conditions specified in clauses (a) through (c) (insofar as clause (c) relates to Legal Proceedings involving the Buyer) of Section 5.3 is satisfied in all respects.

  • Xxxx of Sale and Assignment and Assumption Agreement has the meaning specified in Section 2.8(a)(i).

  • Assignment and Assumption Agreement means an Assignment and Assumption Agreement substantially in the form of Exhibit A.

  • Assignment and Assumption of Lease has the meaning set forth in Section 3.02(a)(v).

  • Certificate of Conversion means the Certificate of Conversion to Limited Liability Company of the Corporation to the Company as filed in the office of the Secretary of State of the State of Delaware pursuant to the Delaware Act.

  • certificate of fitness means a certificate issued by the Department to a contract bus carrier.

  • Assumption Agreement has the meaning specified in Section 2.18(d)(ii).

  • Certificate of Coverage means a written certification provided by any source that offers medical care coverage, including the Plan, for the purpose of confirming the duration and type of an individual’s previous coverage.