Eligible Policy definition

Eligible Policy means a Policy that, as of the Advance Date as of which such Policy first becomes a Pledged Policy, satisfies all of the Eligibility Criteria (unless with respect to any particular criteria set forth in the Eligibility Criteria, such Policy is identified in the applicable section of the Eligibility Criteria Exception Schedule attached to the Agreement as not satisfying such particular criteria).

Eligible Policy means any Policy that is In Force on the Adoption Date.

Eligible Policy means, at any time, a Policy that satisfies each of the following criteria:

Examples of Eligible Policy in a sentence

• An Alleged Breach is an allegation or information that a person has breached an Eligible Policy and includes both a Complaint and Disciplinary Action.

• Complaint means a formal notification of a complaint relating to Prohibited Conduct by a Respondent of an Eligible Policy.

• Each of the Subject Policies as of the Closing Date was an Eligible Policy, as determined by the Required Lenders in their sole and absolute discretion, it being understood that such determination shall not operate as a waiver by the Administrative Agent or any Lender of any right or remedy hereunder or under any other Transaction Document if it is subsequently discovered that any such Subject Policy was not an Eligible Policy as of the Closing Date.

• Each of the Subject Policies as of the date of the Second Initial Advance was an Eligible Policy, as determined by the Required Lenders in their sole and absolute discretion, it being understood that such determination shall not operate as a waiver by the Administrative Agent or any Lender of any right or remedy hereunder or under any other Transaction Document if it is subsequently discovered that any such Subject Policy was not an Eligible Policy as of the date of the Second Initial Advance.

• By providing an email address below, I consent to receive an email that will initiate the process of receiving electronic documents and notices applicable to the Eligible Policy/ Policies accessed through the Company website.

More Definitions of Eligible Policy

Eligible Policy has the meaning specified on Schedule I.

Eligible Policy means any Policy that is or was In Effect at any time during the Eligibility Period.

Eligible Policy means a Policy that is In Force or deemed, as provided in Article VI, to be In Force as of the Adoption Date; provided, however, that "Eligible Policy" shall not include: (i) a Structured Settlement that has a Prudential Affiliate as its Owner; (ii) a Policy with respect to which the Company or a Prudential Affiliate is the owner of record and also the beneficial owner; or (iii) except as provided in the ADR Memorandum, a Policy purchased or reinstated by a Project Participant on or after February 10, 1998. Notwithstanding the foregoing sentence, each of the following shall be considered an Eligible Policy, provided that it is In Force or deemed, as provided in Article VI, to be In Force as of the Adoption Date: (i) a Policy held by or on behalf of any employee benefit plan sponsored by the Company or any Prudential Affiliate; (ii) a Policy that is an XXX (as defined herein) with respect to which the Company or a Prudential Affiliate serves as custodian; and (iii) a certificate or other evidence of interest in a group insurance policy or annuity contract deemed for purposes of this Plan to be a separate Policy pursuant to Section 5.4.

Eligible Policy is defined as follows:

Eligible Policy means a Policy issued to an Eligible Member on which premiums were earned at any time, provided, however, that with respect to a Policy issued to an Eligible Member who was not a Member on March 21, 1996, Earned Premiums for such a Policy shall consist only of earned premiums following March 21, 1996, and not earned premiums at any point prior to such date. "Fair Market Value" means (i) the average closing price of a share of the Common Stock on the principal exchange on which the Common Stock is then trading, if any, on the first five trading days following the Effective Date; or (ii) if the Common Stock is not traded on an exchange but is quoted on Nasdaq or a successor quotation system, (1) the average last sales price (if the Common Stock is then listed as a National Market Issue under the NASD National Market System) or (2) the average of the mean between the closing representative bid and asked prices (in all other cases) for the Common Stock on the first five trading days following the Effective Date as reported by Nasdaq or such successor quotation system. "Initial Public Offering" means the initial public offering by Holdings of shares of Common Stock pursuant to an effective registration statement on Form S-1. "Initial Stock Price" means the price per share to the public at which the Common Stock is sold in the Initial Public Offering. "Member," "subscriber" and "insured person." A Person is a Member of the Company if such Person is a subscriber who is an "insured person" under the name of the Company through the facilities of the Attorney-in-Fact acting on behalf of the several subscribers. The term "subscriber" shall include those Persons who have executed a Subscription Agreement and Power of Attorney or any like agreement of the Company. The term "insured person" shall include (a) each individual physician, surgeon, nurse anesthetist, professional medical partnership, professional medical corporation or other health care provider to whom or which a policy of insurance has been issued by the Company as "named insured," and (b) each physician, surgeon, nurse anesthetist or other health care provider to whom a certificate insert (naming such person as a "physician member" or "certificate holder") has been issued as part of a policy of insurance issued by the Company to a professional medical partnership, professional medical corporation or other health care provider. A "named insured" under a policy of insurance ceases to be an insured person, s...

Eligible Policy means an individual life and health insurance policy with a policy renewal or premium due date between 1 April and 30 September 2020 (both dates inclusive).

Eligible Policy means any Policy that is In Force on the Adoption Date. “Employee” means any natural person who is a full or part-time employee ofACIC.