Policy Obligations definition

Policy Obligations has the meaning specified in the Intercreditor Agreement.
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Policy Obligations means benefits under and by virtue of the terms of the Policies that arise and become payable on account of a death or other event covered by the terms of the Policies occurring on or after the Effective Date, and as further defined in Section 2.2.
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Policy Obligations. Consultant’s indemnity and other obligations shall not be limited by the foregoing insurance and license requirements.
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Examples of Policy Obligations in a sentence

  • In reference to Section V of the Contract and language surrounding Federal Grand Funding and the District’s Board Policy Obligations, it is understood that the services provided in Appendix A are not funded by Federal Grants.

  • The Committee received and considered:• a memorandum from Kevin Simpkins, the Chair of the Social Policy Obligations Steering Committee; and• an updated draft Invitation to Comment (ITC) Accounting for Social Policies of Governments.

  • It was noted that the IMF was establishing an Electronic Discussion Group (EDG) on pension accounting and PSC Staff would prepare papers reporting on the status of the Social Policy Obligations Invitation to Comment.

  • The Reinsurer's liability in respect to the Policy Obligations will terminate simultaneously with the Company's liability, except as otherwise provided herein.

  • Policy Obligations: Consultant’s indemnity and other obligations shall not be limited by the foregoing insurance requirements.

  • The project on Social Policy Obligations has been controversial and approval has been a challenge.

  • The Mexican and Argentinean members noted that progress on translation of IPSASs into Spanish was still unsatisfactory and requested Paul to pursue this with IASCF staff;• Social Policy Obligations Steering Committee – the Committee had not met since the last PSC meeting.

  • Paul Sutcliffe, PSC Technical Director, noted that there would still need to be further refinements to the ITC so that both this ITC and the Social Policy Obligations ITC follow similar formats.

  • The Committee also thanked the retiring New Zealand member Kevin Simpkins for his contribution to the PSC both as a member of the PSC and of various sub-committees and his Chairmanship of the Social Policy Obligations Steering Committee.

  • The Committee received and considered:• a memorandum from Kevin Simpkins, the Chair of the Social Policy Obligations Steering Committee; and• a draft Invitation to Comment (ITC) Accounting for Social Policies of Governments.


More Definitions of Policy Obligations

Policy Obligations means the policy obligations of any Group Insurance Entity. means claims of policyholders in a winding-up of a Group Insurance Entity to the extent that those claims relate to any amounts to which the Group Insurance Entity is, or may become, liable to a Policy Holder pursuant to a contract of insurance, including all amounts to which Policy Holders are entitled under applicable legislation or rules relating to the winding-up or administration of insurance companies to reflect any right to receive, or expectation of receiving, benefits which such Policy Holders may have.
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Policy Obligations means the obligations of the Licensed Supplier:
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Related to Policy Obligations

  • Safety Obligations means all applicable obligations concerning health and safety (including any duty of care arising at common law, and any obligation arising under statute, statutory instrument or mandatory code of practice) in Great Britain;

  • Guaranty Obligations means, with respect to any Person, without duplication, any obligations of such Person (other than endorsements in the ordinary course of business of negotiable instruments for deposit or collection) guaranteeing or intended to guarantee any Indebtedness of any other Person in any manner, whether direct or indirect, and including without limitation any obligation, whether or not contingent, (i) to purchase any such Indebtedness or any Property constituting security therefor, (ii) to advance or provide funds or other support for the payment or purchase of any such Indebtedness or to maintain working capital, solvency or other balance sheet condition of such other Person (including without limitation keep well agreements, maintenance agreements, comfort letters or similar agreements or arrangements) for the benefit of any holder of Indebtedness of such other Person, (iii) to lease or purchase Property, securities or services primarily for the purpose of assuring the holder of such Indebtedness, or (iv) to otherwise assure or hold harmless the holder of such Indebtedness against loss in respect thereof. The amount of any Guaranty Obligation hereunder shall (subject to any limitations set forth therein) be deemed to be an amount equal to the outstanding principal amount (or maximum principal amount, if larger) of the Indebtedness in respect of which such Guaranty Obligation is made.

  • Financial Instrument Obligations means obligations arising under:

  • Parity Obligations means (i) all obligations of the Issuer in respect of Tier 1 Instruments (excluding any such obligations that rank, or are expressed to rank, junior to claims in respect of the Notes), and (ii) any other securities or obligations (including, without limitation, any guarantee, credit support agreement or similar undertaking) of the Issuer that rank, or are expressed to rank, pari passu with claims in respect of the Notes and/or any Parity Obligation.

  • Contingent Obligations means, with respect to any Person, any obligation of such Person guaranteeing any leases, dividends or other obligations that do not constitute Indebtedness (“primary obligations”) of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, including, without limitation, any obligation of such Person, whether or not contingent: