Investment Options definition
Examples of Investment Options in a sentence
If a material change in Investment Options is made or intended to be made by a third party, the Company will notify the Reinsurer within [Redacted] Business Days after the Company becomes aware of such change or intent to change and shall provide plans for resolution (such as replacement of the fund) within [Redacted] days of becoming aware of such change or intent to change, if required by the Reinsurer.
If the Reinsurer rejects such proposed material change and the Company nevertheless implements such material change, the Company shall indemnify the Reinsurer for all Losses incurred by the Reinsurer as a result of such material change in Investment Options implemented by the Company to the extent such Losses exceed the maximum Reinsurance Fees permitted hereunder with respect to the affected IPG Policies.
In furtherance of the foregoing, representatives of the parties will meet or hold a teleconference at least annually (or at such other frequency as the parties mutually agree) to discuss in good faith matters arising under this Agreement as may be agreed from time to time (which topics may include matters relating to new business, reporting, data, technology, operations, Non-Guaranteed Elements and/or Investment Options).