IT IS ALSO AGREED definition

IT IS ALSO AGREED that the Subscribing Reinsurer's share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.
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IT IS ALSO AGREED that the SUBSCRIBING REINSURER'S share in the attached Coinsurance Agreement shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the SUBSCRIBING REINSURER shall in no event participate in the interests and liabilities of the other reinsurers.
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Examples of IT IS ALSO AGREED in a sentence

  • IT IS ALSO AGREED THAT TRANSFERS FROM WORK COVERED UNDER THE INDUSTRIAL AGREEMENT TO WORK COVERED UNDER THE COMMERCIAL AGREEMENT, OR VICE VERSA, SHALL NOT BE PERMITTED.

  • IT IS ALSO AGREED AND UNDERSTOOD THAT THERE ARE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS OF ANY OF THE ASSETS EITHER TRANSFERRED TO OR RETAINED BY THE PARTIES, AS THE CASE MAY BE, AND ALL SUCH ASSETS SHALL BE "AS IS, WHERE IS" AND "WITH ALL FAULTS;" PROVIDED, HOWEVER, that the absence of warranties shall have no effect upon the allocation of Liabilities under this Agreement.

  • IT IS ALSO AGREED THE MECHANICAL CONTRACTOR’S ASSOCIATION OF NB WILL NOT AFFILIATE OR PARTICIPATE WITH MERIT SHOP CONTRACTORS.

  • IT IS ALSO AGREED AND UNDERSTOOD THAT THERE ARE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS OF ANY OF THE ASSETS EITHER TRANSFERRED TO OR RETAINED BY THE PARTIES, AS THE CASE MAY BE, AND ALL SUCH ASSETS SHALL BE "AS IS, WHERE IS" AND "WITH ALL FAULTS"; provided, however, that the absence of warranties shall have no effect upon the allocation of Liabilities under this Agreement.

  • IT IS ALSO AGREED THAT THERE ARE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF ANY OF THE SPIN-OFF ASSETS OR THE MERGER ASSETS, AND ALL SUCH ASSETS ARE BEING TRANSFERRED "AS IS, WHERE IS" AND "WITH ALL FAULTS"; PROVIDED, HOWEVER, THAT THE ABSENCE OF WARRANTIES WILL HAVE NO EFFECT UPON THE ALLOCATION OF LIABILITIES UNDER THIS AGREEMENT OR THE MERGER AGREEMENT.

  • IT IS ALSO AGREED THAT THIS IS THE ONLY REMEDY DUE CUSTOMER REGARDLESS OF ANY LEGAL METHOD OR THEORY DETERMINING LIABILITY ON THE PART OF B&E.

  • IT IS ALSO AGREED BETWEEN THE PARTIES that this Letter of Understanding shall be attached to and form part of the Collective Agreement.

  • IT IS ALSO AGREED THAT THE LESSOR NOT BE HELD RESPONSIBLE FOR ANY DAMAGES OR LOSS TO OTHER PARTIES, CAUSED BY LESSEE.

  • IT IS ALSO AGREED that the "Novation Addendum," a copy of which is attached to and forms part of this Addendum, shall be recognized as part of this Agreement, effective July 1, 1997.

  • IT IS ALSO AGREED between the parties si hereto that there will be a wage opener in the Collective on subject to an increase in the Consumer Price Index or Canada (1971 should the for Manitoba increase by two and percent (2 or more from IT IS FURTHER that this Letter of Understanding will remain in full force and effect for the same period as the Agreement referred to herein.

Related to IT IS ALSO AGREED

  • Water Undertaker means the company appointed to be the Water Undertaker under Section 6(1) of the 1991 Act for the area in which the property is or will be situated.

  • That (a) subject to paragraph 5B(b), the exercise by the Directors during the Relevant Period of all the powers of the Company to repurchase its own shares on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) or on any other stock exchange on which the securities of the Company may be listed and recognized by the Securities and Futures Commission and the Stock Exchange for this purpose, subject to and in accordance with all applicable laws and requirements of the Rules Governing the Listing of Securities on the Stock Exchange or of any other stock exchange on which the securities of the Company may be listed as amended from time to time, be and is hereby generally and unconditionally approved; (b) the aggregate nominal amount of shares of the Company to be repurchased by the Company pursuant to the approval mentioned in paragraph 5B(a) during the Relevant Period shall not exceed 10% of the aggregate nominal amount of the share capital of the Company in issue on the date of passing of this resolution and the said approval shall be limited accordingly; and (c) the expression “Relevant Period” shall for the purposes of this resolution have the same meaning as assigned to it under ordinary resolution 5A(d) of this notice.”

  • Agreed means agreed between the Employer and the Contractor, unless specifically stated otherwise;

  • ECA means the Environment Conservation Act, 1989 (Act No. 73 of 1989) and any regulations made in terms thereof, or any superseding legislation;

  • Sewerage Undertaker means the Company appointed to be the sewerage undertaker under Section 6(1) of the 1991 Act for the area in which the property is or will be situated;