Coinsurance Agreement definition

Coinsurance Agreement shall have the meaning set forth in the first recital hereof.

Coinsurance Agreement means the Coinsurance Agreement by and between the Company and the Reinsurer of even date herewith and which is entered into in conjunction with this Agreement in order to give full effect to the Asset Purchase Agreement.

Coinsurance Agreement shall have the meaning specified in the recitals.

Examples of Coinsurance Agreement in a sentence

• Coinsurance Agreement has the meaning ascribed to it in the Recitals.

• Ashcroft, 320 F.Supp.2d 957 (2004) 14 Planned Parenthood of Southeastern Pa. v.

• Provided, however, that nothing in this Agreement will limit, restrict or otherwise diminish MAC’s obligation to provide reinsurance of all Coinsured Risks under the Coinsurance Agreement.

• Any payments for benefits made under any Assumed Policy prior to its Assumption Effective Date by the Ceding Company, or by the Reinsurer on behalf of the Ceding Company pursuant to the Coinsurance Agreement, shall be deemed to have been made by the Reinsurer for purposes of determining any maximum benefits payable to any Policyholder under any of the Assumed Policies.

• ML: No approval is required but Reinsurer will make Informational filings as required by Applicable Law with Reinsurer’s domiciliary regulator in connection with the Coinsurance Agreement, Assumption Agreement and the other applicable Transaction Agreements.

More Definitions of Coinsurance Agreement

Coinsurance Agreement means the agreement between VFL and Purchaser in the form of Exhibit B hereto.

Coinsurance Agreement means the Coinsurance and Assumption Agreement between CGLIC and CIGNA Life substantially in the form attached hereto as Exhibit E.

Coinsurance Agreement means that certain Coinsurance Agreement entered into contemporaneously with the execution of this Agreement, by and between the Company and Buyer, attached hereto as Exhibit E.

Coinsurance Agreement has the meaning set forth in the Recitals. “Coinsured Policies” has the meaning set forth in the Recitals. “Company” means Xxxxxxx’s Life Insurance Company.

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

Coinsurance Agreement shall have the meaning set forth in Section 1.6.

Coinsurance Agreement means the coinsurance agreement made and entered into by Statesman and American Capitol on November 17, 1998.