Specified Policies definition

Specified Policies means those Policies of the Dividing Company that are set forth by policy number on Schedule 1 hereto.

Specified Policies has the meaning set forth in the Sponsor Support Agreement.

Specified Policies. As set forth in the Sponsor Support Agreement with respect to the Specified Policies

Examples of Specified Policies in a sentence

• Because the Specified Policies are property casualty policies that were issued in Michigan, the Dividing Companies have been, and the Merger Cos will become members of the Michigan Property and Casualty Guaranty Association (“MPCGA”) and the Illinois Insurance Guaranty Fund (“IIGF”) upon their licensure in Michigan and Illinois, respectively.

• The provisions, terms and conditions of the Specified Policies shall be unchanged by the Division except as expressly set forth in this Plan of Division.

• Because the Specified Policies impacted by the Proposed Restructuring were all issued in Michigan, Allstate proposes to issue written notice of the Proposed Restructuring to the Michigan Department of Insurance and Financial Services (the “MI DIFS”), including a copy of the Plan of Division filed with the Department.

• At least 25 days before the Hearing date, Allstate will send a written notice to each policyholder for the Specified Policies (a “Policyholder”) and to each person with an outstanding personal injury claim under the Specified Policies (a “Claimant”), whose claim will become a claim of a Merger Co as a result of the Proposed Restructuring.

• At and after the Division Effective Time, the Specified Policies shall be considered Policies of the New Company, for purposes of the MPCGA Act in effect at the Division Effective Time, as a successor of the Dividing Company automatically, by operation of law.

More Definitions of Specified Policies

Specified Policies means the Policies specified on Exhibit C-1 hereto.

Specified Policies has the meaning set forth in Exhibit E. “Specified Policy Fee” has the meaning set forth in Exhibit E. “Specified Policy Payment” has the meaning set forth in Exhibit E. “Subcontractor” has the meaning set forth in Section 3.2. “Subject Agreements” means the Administration Agreements and the Business Underwriting Agreement. “Tax” or “Taxes” means all income, premium, excise, gross receipts, ad valorem, sales, use, service, value added, employment, payroll, social security, disability, unemployment, workers’ compensation, franchise, profits, gains, property, transfer, payroll, stamp taxes or other similar taxes, customs, duties, fees, assessments or other like governmental charges (whether payable directly or by withholding) imposed by any Tax Authority, together with any interest and any penalties thereon or additional amounts with respect thereto; provided that, any guarantee fund assessment or escheatment obligation shall not be treated as a Tax. “Tax Authority” means any Governmental Authority having jurisdiction over the assessment, determination, collection or imposition of any Tax. “Tax Returns” means all returns, reports and claims for refunds (including elections, declarations, disclosures, schedules and information returns) required to be supplied to a Tax Authority relating to Taxes and, in each case, any amendments thereto.

Specified Policies means the Contract Frustration Policy and the Currency Inconvertibility Policy.

Specified Policies means each of the Company Insurance Policies which are designated as “occurrence-based” or “occurrence-reported” pursuant to the term of such policies.

Specified Policies means Demutualisation Protected Policies, 2012 Transferred Policies, Transferred Policies and Excluded Policies;

Specified Policies has the meaning set forth on Schedule XII.

Specified Policies means the following insurance policies (or the May 1, 2003 renewals thereof): Insurer Policy Number Limits 1. Associated Electric & Gas X0559A1A02 $35,000,000 excess of a Insurance Services (AEGIS) $2,000,000 SIR