Discovered Policies definition

Discovered Policies means any individual disability income policies issued by the Ceding Company prior to April 1, 1997 or assumed by the Ceding Company pursuant to an Underlying Reinsurance Agreement, including all riders and endorsements thereto issued with such policies, renewals and reinstatements thereof (a) for which the applicable information was inadvertently excluded from Schedule 1.01(b)(i), Schedule 1.01(b)(ii), Schedule 1.01(c) or Schedule 1.01(d), as applicable and (b) with respect to which the requirements of Section 2.06 have been satisfied.
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Discovered Policies means any individual disability income policies issued by the Ceding Company prior to April 1, 1997, including all riders and endorsements thereto issued with such policies, renewals and reinstatements thereof (a) for which the applicable information was inadvertently excluded from Schedule 1.01(b)(i), Schedule 1.01(b)(ii), Schedule 1.01(c), Schedule 1.01(d)(i) or Schedule 1.01(d)(ii), as applicable and (b) with respect to which the requirements of Section 2.06 have been satisfied.
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Discovered Policies has the meaning set forth in the Purchase Agreement.
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Examples of Discovered Policies in a sentence

  • The Actuarial Report reflects all of the insurance and reinsurance business of SLD and all of the Reinsured Contracts in force as of June 30, 2019, other than the Discovered Policies (as defined in the Reinsurance Agreements) or as set forth in Section 3.17(a) of the Seller Disclosure Schedule.


More Definitions of Discovered Policies

Discovered Policies means any binders, policies, certificates, contracts of insurance, supplementary contracts of insurance or annuity contracts constituting part of the Ceding Company’s legacy life and annuity business or otherwise contemplated by the definition of Covered Insurance Policies for which (a) the corresponding policy number, code or form for which was inadvertently excluded from Schedule 1.1(A) or included on Schedule 1.1(B), (b) the Ceding Company reasonably believes should have been included on Schedule 1.1(A) or excluded from Schedule 1.1(B) and (c) the requirements of Section 3.2 have been satisfied.
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Discovered Policies has the meaning specified in Section 8.17.
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Discovered Policies means any binders, policies, certificates, contracts of insurance, supplementary contracts of insurance or annuity contracts constituting part of the Ceding Company’s legacy life and annuity business (including single premium immediate annuities), pension risk transfer business or otherwise contemplated by the definition of Covered Insurance Policies for which (a) the corresponding policy number, code or form for which was inadvertently excluded from Schedule 1.1(A) or included on Schedule 1.1(B), (b) the Ceding Company reasonably believes should have been included on Schedule 1.1(A) or excluded from Schedule 1.1(B) and (c) the requirements of Section 3.2 have been satisfied.
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Related to Discovered Policies

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • Shared Policies has the meaning set forth in Section 8.1(b).

  • Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.

  • Claims Made Policies has the meaning set forth in Section 5.01(b).

  • Covered Personnel means any Person who is or was an employee, consultant or independent contractor of the Covered Parties as of the date of the relevant act prohibited by this Section 2(a) or during the one (1) year period preceding such date.

  • D&O Policies has the meaning set forth in Section 8.06.

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • Adverse System Impact means a negative effect that compromises the safety or reliability of the electric distribution system or materially affects the quality of electric service provided by the electric distribution company (EDC) to other customers.

  • Self-insured employer means an employer or group of employers certified under ORS

  • Privacy Policies means all published, posted and written internal policies, procedures, agreements and notices with respect to the Company’s collection, use, storage, disclosure, or cross-border transfer of Personal Data.

  • Lapsed Policy means a Policy which has not acquired the Surrender Value and where the due Premium has not been received till the expiry of the Grace Period.

  • Adverse employment action means an action that affects an em- ployee ’s compensation, promotion, transfer, work assignment, or performance evaluation, or any other employment action that would dissuade a reasonable employee from making or supporting a report of abuse or neglect under Family Code 261.101.

  • Safeguard Policy Statement or “SPS” means ADB's Safeguard Policy Statement (2009);

  • Policies shall have the meaning specified in Section 6.1(b) hereof.

  • Managed Care Plans means all health maintenance organizations, preferred provider organizations, individual practice associations, competitive medical plans and similar arrangements.

  • Servicer Policies and Practices means, with respect to the Servicer’s duties under Exhibit A to the Servicing Agreement, the policies and practices of the Servicer applicable to such duties that the Servicer follows with respect to comparable assets that it services for itself and, if applicable, others.

  • Adverse Event means any untoward medical occurrence in a patient or clinical investigation subject administered a pharmaceutical product and that does not necessarily have a causal relationship with the treatment. An adverse event can therefore be any unfavourable and unintended sign (including an abnormal laboratory finding), symptom, or disease temporally associated with the use of a medicinal product, whether or not related to the medicinal product.

  • Covered Persons has the meaning set forth in Section 20(a).

  • Consensus Policies are those policies established (1) pursuant to the procedure set forth in ICANN’s Bylaws and due process, and (2) covering those topics listed in Section 1.2 of this Specification. The Consensus Policy development process and procedure set forth in ICANN’s Bylaws may be revised from time to time in accordance with the process set forth therein.

  • Policy Grievance shall be signed by a xxxxxxx or a Union representative or, in the case of an Employer's policy grievance, by the Employer or its representative.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Employee Liability Information means the information which a transferor is obliged to notify to a transferee pursuant to Regulation 11(2) of TUPE regarding any person employed by him who is assigned to the organised grouping of resources or employees which is the subject of a relevant transfer and also such employees as fall within Regulation 11(4) of TUPE;

  • Covered Accident means an Accident that occurs while coverage is in force and results in a loss for which benefits are payable.

  • Insured contract means any written: a. leases of premises; b. easement agreements, except those concerning construction or demolition operations abutting railroad property; c. obligation to insure a municipality as required by law or ordinance, except in connection with work for the municipality; d. sidetrack agreements; or e. elevator maintenance agreements.

  • Third Party Administrator (TPA means any organization or institution that is licensed by the IRDA as a TPA and is engaged by the Company for a fee or remuneration for providing Policy and claims facilitation services to the Insured / Insured Person as well as to the Company for an insurable event.

  • Covered Conduct means any actual or alleged act, failure to act, negligence, statement, error, omission, breach of any duty, conduct, event, transaction, agreement, service, work, misstatement, misleading statement, or other activity of any kind whatsoever from the beginning of time through the Reference Date of this Agreement (and any past, present, or future consequence of any such act, failure to act, negligence, statement, error, omission, breach of duty, conduct, event, transaction, agreement, service, work, misstatement, misleading statement, or other activity) arising from or relating in any way to (a) the availability, discovery, research, development, manufacture, packaging, repackaging, marketing, promotion, advertising, labeling, relabeling, recall, withdrawal, distribution, delivery, monitoring, reporting, supply, sale, prescribing, dispensing, physical security, warehousing, use or abuse of, or operating procedures relating to, any Product, or any system, plan, policy, procedure, or advocacy relating to any Product or class of Products, including, but not limited to, any unbranded or branded promotion, marketing, or advertising, unbranded information, patient support or assistance, educational programs, consultancy, research, or other programs, campaigns, lobbying, or grants, sponsorships, charitable donations, or other funding relating to any Product or class of Products; (b) the characteristics, properties, risks, or benefits of any Product or class of Products; (c) the monitoring, reporting, disclosure, non-monitoring, non-reporting, or non-disclosure to federal, state, or other regulators of orders for any Product or class of Products; (d) the selective breeding, harvesting, extracting, purifying, exporting, importing, applying for quota for, procuring quota for, handling, promoting, manufacturing, processing, packaging, supplying, distributing, converting, or selling of, or otherwise engaging in any activity relating to, a precursor or component of Product, including but not limited to natural, synthetic, semi-synthetic, or chemical raw materials, starting materials, finished active pharmaceutical ingredients, drug substances, or any related intermediate of Product; and/or (e) diversion control programs or suspicious order monitoring related to any Product. The foregoing is not intended to apply to claims alleging contamination of products.