Novation Subject Contracts definition

Novation Subject Contracts means those Reinsured Contracts selected by the Parties.
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Novation Subject Contracts means all Reinsured Contracts other than (i) those issued in Puerto Rico; (ii) whose contract holders are residents of the State of New York at the time of Novation, (iii) Accumulation Contracts with the fixed maturity option investment option available under such contracts; and (iv) all Reinsured Contracts for which the broker-dealer of record for each such contract as of 120 days prior to the date the first Policyholder Notice (as defined in Section 2.1 herein) is mailed to any Policyholder of such contracts had less than fifty (50) Accumulation Contracts in force as of December 31, 2021, unless such broker-dealer of record is an Affiliate of a broker-dealer which had more than fifty (50) Accumulation Contracts in force as of December 31, 2021.
Sample 1

Examples of Novation Subject Contracts in a sentence

  • Prior to the first Effective Time as to any Novation Subject Contract that constitutes a NI Modco Accounts Reinsured Contract, the Assuming Company shall establish and maintain one or more non-insulated separate accounts to mirror the Ceding Company’s NI Modco Account for such Novation Subject Contracts, and shall allocate to such separate accounts all assets and liabilities with respect to NI ModCo Accounts Reinsured Contracts that become Novated Contracts in accordance with applicable Law.

  • Such filings will include, without limitation, filings related to the establishment by the Assuming Company of the Assuming Company Separate Accounts to mirror the existing Ceding Company Separate Accounts for the Novation Subject Contracts that constitute Variable Annuity Reinsured Contracts, new registration statements, prospectus supplements and/or disclosures relating to the Novation.

  • Such filings will include, without limitation, filings related to the establishment by the Assuming Company of subaccounts under its existing Separate Account EQ to mirror the existing Ceding Company Separate Accounts for the Novation Subject Contracts, new registration statements, prospectus supplements and/or disclosures relating to the novation.

Related to Novation Subject Contracts

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Third Party Contracts means any agreements entered into by the Retailer and/or the Customer with any third parties, such as the Transmission Licensee and the MSSL, to enable the Retailer to retail electricity to Contestable Consumers. For the purposes of this Electricity Agreement, Third Party Contracts shall include, but is not limited to, the Retailer Use of Systems Agreement, the Market Support Services Agreement, and the Power System Operator•Market Participant Agreement (as defined under the Market Rules);

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Assumed Agreements shall have the meaning as set forth in Section 2.2.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Retained Contracts shall have the meaning set forth in Section 1.2(i).

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • IT Contracts means the contracts (whether or not in writing and including those currently being negotiated) under which any third party provides or will provide any element of, or services relating to, the IT Assets, including leasing, hire purchase, licensing, maintenance, website hosting, outsourcing, security, back-up, disaster recovery, insurance, cloud computing and other types of services agreements.

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Project Contract means any contract between the District or the Corporation and any contractor or vendor regarding the construction, production or other acquisition or installation of any part of an Acquisition Project.

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Existing Contracts means the existing licenses and contracts given by the Railway Administration / Authority, in relation to commercial establishments, as existing on Station Development Land, as on the date of the Agreement, and as further set out in the Schedules, which shall, for avoidance of doubt, exclude any licenses and/ or contracts in relation to any Excluded Activities and/or Railway Operational Activities;

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • Customer Contracts has the meaning set forth in Section 2.1(b)(ii)(A).

  • Seller Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Seller under this Agreement or in connection herewith.

  • Assumed Contract has the meaning set forth in Section 2.1(b)(iv).

  • Buyer Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Buyer under this Agreement or in connection herewith.

  • IP Contracts means all Contracts pursuant to which a party hereto or any of its Affiliates grants or obtains any rights to use Intellectual Property (other than Contracts in which such Intellectual Property is incidental to such Contracts).

  • Company Contracts has the meaning set forth in Section 3.13(a).

  • SpinCo Contracts means the following contracts and agreements to which either Party or any member of its Group is a party or by which it or any member of its Group or any of their respective Assets is bound, whether or not in writing: