Life Expectancy Report definition
Life Expectancy Report or “LE Report” means, with respect to an Insured, an assessment by a Pre-Approved Medical Underwriter in a written statement as reviewed and approved by the Administrative Agent in its reasonable discretion and dated within one-hundred eighty (180) days prior to the Advance Date on which the Policy related to such Insured became or is proposed to become a Pledged Policy, with respect to the life expectancy of such Insured.
Life Expectancy Report means an assessment by a Qualified Consulting Physician, contained in a written statement dated within 180 days prior to the date of the purchase by the Company or any of its direct or indirect Subsidiaries of a Life Insurance Policy, of the life expectancy of one or more Insureds under such Life Insurance Policy.
Life Expectancy Report means a physical and/or electronic official report provided by a Permanent Medical Underwriter or a Historical Medical Underwriter which was produced using the available medical records and includes at a minimum the average and 50th percentile number of months a person with the same age, gender and smoking status with similar conditions as represented in the medical records is anticipated to live based on the then current methodology of such Permanent Medical Underwriter or Historical Medical Underwriter, as the case may be. This report may also include descriptions of conditions or findings in respect of which the mean and median are based on factors as provided in their then current standard reports.
Examples of Life Expectancy Report in a sentence
Based on information included in files provided by Amerifirst, 21st will produce a Life Expectancy Report, similar in format to the attached sample report, Exhibit A, which is attached and incorporated into this agreement.
One Life Expectancy Report shall be from AVS and the other shall be from 21st Holdings, LLC d/b/a 21st Services.
All the covenants, stipulations, promises and agreements in this Supplemental Indenture No. 3 contained by or on behalf of the Owner Trustee shall bind its successors and assigns, whether so expressed or not.
Based on information included in files provided by AmeriFirst, American will produce a Life Expectancy Report, similar in format to the attached sample report, Exhibit A, which is attached and incorporated into this agreement.
More Definitions of Life Expectancy Report
Life Expectancy Report means, an assessment by a Qualified Consulting Physician in a written statement dated within 180 days prior to the date such Eligible Life Insurance Policy. “LifeNotes Account” has the meaning set forth in Section 5.1(a) to this Agreement. “Liquidity Providers” means DZ Bank, Autobahn Funding Company LLC, each other party to whom any “Obligations” (as defined in the DZ Bank Credit and Security Agreement) are owed pursuant to the Transaction Documents, and providers of future lines of credit that Borrower or its Subsidiaries may enter into from time to time whose interests are senior in right and claim to those of the Lender. “Loan” means any amount disbursed as the Principal Amount by any Lender to the Borrower under a Promissory Note issued pursuant Section 2 to this Agreement. “Loan Term” means the duration of any Promissory Note from note issuance to Maturity Date issued pursuant to Section 2 to this Agreement. “Loan Issuance Limit” has the meaning set forth in Section 2.1 to this Agreement. 8 “Master Collateral Agent Agreements” means the Custodian Agreement, dated as of July 15, 2008, among GWG DLP Funding II, LLC, Borrower, United Lending SPV, LLC, United Lending, LLC, the Master Collateral Agent and DZ Bank and any collateral agent agreement entered into with a future Liquidity Provider of the Borrower or any of its Subsidiaries, as the same may be amended, supplemented or otherwise modified from time to time in accordance with the Transaction Documents. “Master Collateral Agent” means ▇▇▇▇▇ Fargo, in its capacity as master collateral agent under the Master Collateral Agent Agreements or any collateral agent agreement entered into with a future Liquidity Provider of the Borrower or any of its Subsidiaries. “Master Collateral Agent Fees” means the fees payable to Master Collateral Agent as set forth in the applicable fee schedule. “Master Servicer” means Borrower, or its assignee, in its capacity as Master Servicer under the applicable Servicing Agreements. “Master Servicing Fee” means a fee to be paid to the Master Servicer at the time of the purchase of each Eligible Life Insurance Policy in the format specified in the Transaction Documents. “Master Trusts” means GWG DLP Master Trust II, a Delaware statutory trust and any future master trust that may be created, or wholly-owned or partially-owned, by Borrower and its Subsidiaries. “Master Trust Agreements” means the Trust Agreement among the Trustee, ▇▇▇▇▇ Fargo Delaware Trust Company and GWG DLP F...