SAP definition

SAP means the SAP entity that has entered into this Agreement, as well its Affiliates.

SAP means, with respect to any Insurance Subsidiary, the statutory accounting practices prescribed or permitted by the insurance commissioner (or other similar authority) in the jurisdiction of such Insurance Subsidiary for the preparation of annual statements and other financial reports by insurance companies of the same type as such Insurance Subsidiary that are applicable to the circumstances as of the date of filing of such statement or report.

SAP means the statutory accounting principles, consistently applied, as prescribed or permitted by the insurance regulatory authorities in the Ceding Company’s state of domicile.

Examples of SAP in a sentence

• That information is uniquely tied to your SAP Vendor Number and, for security purposes, should not be explicitly stated on an invoice.

• SAP provides a 7 x 24h Support availability for messages with 'very high' priority using the 'Follow-the-Sun' model.

• SAP AFRICA shall deliver 1 (one) copy of the SOFTWARE and the DOCUMENTATION, in machine-readable format to TELKOM'S DESIGNATED SITE within 4 (four) weeks from the effective date ("delivery").

• This AGREEMENT and each annexure hereto constitute the complete and exclusive statement of the AGREEMENT between SAP AFRICA and TELKOM as to its subject matter and all previous representations, discussions and writings are superseded by this AGREEMENT.

• INVOICES: Original invoices must be sent to: Commonwealth of PA – PO Invoices X.X.Xxx 69180 Harrisburg, PA 17106 A copy of all invoices must be sent to: xxxxxxx@xx.xxx All invoices must have the Purchase Order Number, as well as the Operator’s SAP Vendor Number on the invoice.

More Definitions of SAP

SAP means statutory accounting principles prescribed or permitted by the applicable insurance regulatory authority.

SAP means the accounting procedures and practices prescribed or permitted by the Applicable Insurance Regulatory Authority or the NAIC.

SAP means, with respect to any Insurance Subsidiary, the accounting procedures and practices prescribed or permitted by the Applicable Insurance Regulatory Authority, applied on a basis consistent with those that, in accordance with the last sentence of Section 1.04(a), are to be used in making the calculations for purposes of determining compliance with this Agreement.

SAP means, with respect to any Regulated Insurance Company, the accounting procedures and practices prescribed or permitted by the Applicable Insurance Regulatory Authority of the state in which such Regulated Insurance Company is domiciled; it being understood and agreed that determinations in accordance with SAP for purposes of Section 7, including defined terms as used therein, are subject (to the extent provided therein) to Section 11.07(a).

SAP means the SAP entity that has entered into this Agreement.

SAP s Customer Support Website” shall mean SAP’s customer facing support website under http://support.sap.com/.

SAP means the SAP entity which is further identified in the XXXX Acceptance Form as “SAP”.