Residual Policy definition

Residual Policy means any Policy, excluding any Excluded Policy, comprised in the Business:

Residual Policy means the policy attached as Exhibit A hereto, as the same may be amended or modified from time to time by GE pursuant to Section 4.3 (it being agreed that during the period commencing on the date hereof through (but excluding) the Federal Program Integration Date, the Residual Policy shall not be applicable to any Equipment subject or proposed to be subject to any Federal Financing Contract).

Residual Policy means any Policy, excluding any Excluded Policy, comprised inthe Business: a) which is not capable of being transferred pursuant to FSMA on the Legal Effective Date; b) in respect of which the Court has declined to order the transfer to the Transferee under section 111(1) of FSMA on the Legal Effective Date, including where further steps need to be taken following the Order before such Policy can be transferred and the Transferor and the Transferee agree that such further steps should be taken; c) which is a Guernsey Policy (to the extent that, and for so long only as, the Guernsey Scheme has not yet received the requisite court approval and become effective in accordance with its terms) or a Jersey Policy (to the extent that, and for so long only as, the Jersey Scheme has not yet received the requisite court approval and become effective in accordance with its terms); or d) which is a Sanctioned Policy (unless and until there is no longer a positive match in respect of such Policy, at which point the Policy shall transfer pursuant to clause 7.2), and any further Policy issued by the Transferor pursuant to the exercise of any right or option under a Residual Policy, but excluding any Policy that is, or that becomes, a Transferred Policy as described in clause 7.2;“Retained Business”means the business carried on by the Transferor Group other than the Transferred Business;“Retained Contract”means, in respect of each Split Transferred Contract, the Contract between the Transferor and the relevant counterparty on and with effect from the Effective Date;“Retained Part”means, in respect of each Split Transferred Contract, each part of such Contract which either: a) relates exclusively to the Retained Business in which case that part shall form part of the Retained Contract; or b) relates to both the Transferred Business and the Retained Business in which case that part shall form part of the Retained Contract;“Risk Transfer Agreement”means the risk transfer agreement between the Transferor and the Transferee dated 6 December 2017;"RUKSL"means ReAssure UK Services Limited, a company incorporated in England and Wales with registered number 07860886 and whose registered address is at Windsor House, Telford Centre, Telford, Shropshire, TF3 4NB;“Sanctioned Policy”means any HMT Sanctioned Policy and any Policy which has a positive match on a sanctions list other than Her Majesty’s Treasury’s Sanctions List, unless and until there is no longer a positive match in respe...

Examples of Residual Policy in a sentence

• The GE Rate Sheets, as in effect from time to time, shall incorporate residual values set forth in the then-current Residual Policy by Equipment type.

• Subject to the limitations set forth in Section 2.07(b), from time to time from and after the Closing Date GE may make such changes to the Residual Policy as GE determines to be appropriate; provided that such changes are consistent with GE’s treatment of residual positions with respect to equivalent equipment under substantially similar GE Vendor Financial Services programs with independent equipment dealers or manufacturers.

• GE RATE SHEETS; CREDIT APPROVAL POLICY; RESIDUAL POLICY.......9 4.1. GE Rate Sheets; Changes.......................................9 4.2. Credit Approval Policy; Changes..............................11 4.3. Residual Policy; Changes.....................................12 Article 5.

• Subject to the limitations set forth in Section 4.3(b), from time to time after the date hereof, GE may make such changes to the Residual Policy as GE determines to be appropriate; provided that such changes are consistent with GE's treatment of residual positions with respect to equivalent equipment under substantially similar GE Vendor Financial Services programs with independent equipment dealers or manufacturers.

• Subject to the limitations set forth in Section 4.3(b), from time to time after the date hereof, GE may make such changes to the Residual Policy as GE determines to be appropriate; provided that such changes are consistent with GE’s treatment of residual positions with respect to equivalent equipment under substantially similar GE Capital Solutions programs with independent equipment dealers or manufacturers.

More Definitions of Residual Policy

Residual Policy means GE Capital’s residual policy in effect during the Term, as the same may be amended or modified from time to time by GE Capital pursuant to Section 6(b).

Residual Policy means the policy attached as Exhibit A hereto, as the same may be amended or modified from time to time by GE pursuant to Section 2.07.

Residual Policy means any policy under which any Liability remains unsatisfied or outstanding at the Effective Date, but which: