Serviced Business definition

Serviced Business means any portion of the Administered Business that is not Reinsured Business, including the Net Retained Liabilities Policies.
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Serviced Business means the Net Retained Liabilities Policies, the Conversion Policies and the Ceded Reinsurance Agreements to the extent covering the Net Retained Liabilities Policies or the Conversion Policies.
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Serviced Business means the Accommodation Business and all other Subject Business, but excluding all claims under the Serviced Policies and Inuring AXA RE Retrocession Agreements to the extent serviced by ALM pursuant to the Run Off Services and Management Agreement (without taking into account any subcontract or delegation contemplated thereby).
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Examples of Serviced Business in a sentence

  • The Administrator shall (x) designate the authorized signatories for the Accounts; (y) issue drafts and make deposits into and transfers from the Accounts in the name of the Company and (z) engage in all other transactions with respect to the Accounts necessary in connection with the Serviced Business.

  • In the event that the balance in the Collection Account is insufficient to pay on behalf of the Company the amounts set forth above in respect of the Serviced Business and maintain the balance in the Disbursement Account at zero, the Company will, following notice by the Administrator, promptly fund any shortfall.

  • Each net amount due to the Administrator or the Company with respect to any period reflected in a Serviced Business Cash Flow Report and Net Settlement Statement shall be paid in cash by the owing Party no later than ten (10) Business Days after receipt by the Company of the Serviced Business Cash Flow Report and Net Settlement Statement.

  • As consideration for the performance of the Services with respect to the Serviced Business, the Company shall pay to the Administrator the fees set forth on Schedule IV.

  • The Parties agree that each payment under the Serviced Business that is advanced by the Administrator on behalf of the Company hereunder shall incur interest from the date of payment by the Administrator to the date of reimbursement by the Company calculated at the 90-day Treasury rate as of the date of payment of such benefit plus 100 basis points.

  • FEES FOR SERVICES; EXPENSE REIMBURSEMENT 13 Section 4.1. Fees for Services 13 Section 4.2. Expense Reimbursement 13 Section 4.3. Fees for Serviced Business 13 Article V.

  • PARIS RE will grant or, to the extent already granted, maintain reasonable access (during normal business hours, without undue disruption to PARIS RE’s business) or cause access to be granted or maintained (if held by another PARIS RE Group entity) to AXA RE and its Affiliates to all Records relating to the Serviced Business.

  • The Provider shall deposit into the Service Account all premiums and other amounts received by the Provider with respect to the Serviced Business ,and shall make all necessary disbursements from such account in connection with the Services.

  • Each student is an embodiment of a potential solution to the problem.

  • The proposed designation encompasses four allotments containing the Oakura Water Treatment Plant and reservoir which were established in the mid 1980s, a water booster pump and two bores providing the municipal water supply for the community of Oakura.

Related to Serviced Business

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Related Business means any business in which the Company or any of the Restricted Subsidiaries was engaged on the Issue Date and any business related, ancillary or complementary to such business.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Covered Business means (A) during the term, any business in which the Company is engaged and (B) after the Term, any business in which the Company was engaged as of the end of the Term.

  • Retained Businesses means all businesses, operations and activities directly or indirectly conducted or formerly conducted by the Seller Group other than the Business (including all businesses, operations and activities related to any dealerships sold or disposed of prior to the date hereof).

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

  • Excluded Business means a Business excluded from application for an Inter- Community Business Licence and includes those Businesses referred to in Schedule A attached hereto and forming part of this bylaw.

  • regulated business means a business which is required to be licensed under one or other of the regulatory laws;

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Licensed Business means the activities connected with the conveyance of

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Subject Business means the policy or policies that are

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which –

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Historically Underutilized Business or “HUB” means a minority or women-owned business as defined by Texas Government Code, Chapter 2161.

  • Separate Business means each of the activities of the Licensee connected

  • SBE Certified Business (or “SBEs”) means a business that meets the criteria set forth in Section 1.07.050 of this chapter and has been certified as meeting that criteria by the Community and Economic Development Department-SBE Program Coordinator.

  • Qualified business facility means any building, complex of

  • Authorized business means 1 of the following:

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.