Separate Account Liabilities means the liabilities or obligations arising under the express terms and conditions of the Policies and Post-Closing Policies, to the extent payable out of the Separate Accounts in accordance with the terms of the Policies and the Post-Closing Policies.
Separate Account Liabilities has the meaning set forth in Section 2.10.
Separate Account Liabilities has the meaning set forth in the Indemnity Reinsurance Agreement.
Examples of Separate Account Liabilities in a sentence
For each Reinsured Contract that relates to the Separate Account Liabilities, the Reinsurer shall deposit, shall cause to be deposited, or shall transfer to the Ceding Company for deposit any additional amounts required to be deposited into the Separate Accounts after the Effective Time pursuant to the terms of the applicable Reinsured Contract, in each case, except to the extent that such amounts have been previously paid (or provided for) pursuant to the Net Settlement.
More Definitions of Separate Account Liabilities
Separate Account Liabilities means those insurance liabilities that are reflected in the Separate Accounts and that relate to the Reinsured Contracts, including (i) amounts transferred from the Separate Accounts to the general account of the Company pending distribution to holders of the Reinsured Contracts, and (ii) amounts held in the general account of the Company pending transfer to the Separate Accounts.
Separate Account Liabilities means those liabilities that are payable from the assets of the Separate Accounts in respect of the LBL Contracts.
Separate Account Liabilities means the Quota Share of all Liabilities arising out of or relating to the Covered Insurance Policies, whether incurred before, at or after the Effective Time, to the extent payable out of the Separate Accounts, but in all events excluding Excluded Liabilities.
Separate Account Liabilities means those liabilities that are payable from the assets of the Separate Account in respect of the Reinsured Polices but excluding any Excluded Liabilities.
Separate Account Liabilities means those liabilities that are reflected in the Seller Separate Accounts.
Separate Account Liabilities means those insurance liabilities that are reflected in the Separate Accounts and that relate to the Policies and Post-Closing Policies; provided, however, the Separate Account Liabilities shall not include any Retained Liabilities.
Separate Account Liabilities means liabilities and obligations in respect of the Contracts that are allocated to the Separate Accounts.