Supplementary Contracts definition

Supplementary Contracts means all supplementary contracts, whether with or without life contingencies, issued by the Company in exchange for a Reinsured Policy.
Supplementary Contracts means all supplementary contracts, whether with or without life contingencies, issued by the Ceding Company in exchange for a Reinsured Policy.

Examples of Supplementary Contracts in a sentence

  • Except as otherwise provided herein, each Party shall be responsible for the costs and expenses it incurred in connection with the negotiation and execution of this Contract, the Articles of Association, and the Supplementary Contracts.

  • Before the Establishment Date, the Parties may jointly sign the Supplementary Contracts on behalf of the Joint Venture.

  • After the Establishment Date, all Supplementary Contracts signed by the Parties shall be ratified by the Board in accordance with the procedures set forth herein and in the Joint Venture's Articles of Association and formally executed by the legal representative of the Joint Venture.

  • In case of conflict between the provisions of this Contract and the provisions of the Articles of Association or any Supplementary Contracts, the terms of this Contract shall prevail.

  • Each Party shall be bound by the relevant Supplementary Contracts to which it is a contracting party on his own behalf, provided that, however, no Party shall incur any liability or assume any obligations solely as a result of its signing of any Supplementary Contracts on behalf of the Joint Venture before the Establishment Date.

  • Any breach of contract committed by any Party resulting in the nonperformance of or inability to fully perform any Supplementary Contract(s) shall be deemed a breach by such Party of this Contract.

  • The Reinsurer shall pay its Quota Share of all Policy Benefits including death benefits, withdrawals, surrenders, and annuity payouts under Supplementary Contracts on Reinsured Policies as shown in Schedule A.

  • In the event that a Reinsured Policy is annuitized under the contract provisions of such policy (each an “Annuitization”), the Ceding Company shall convert such Reinsured Policy to one or more Supplementary Contracts.

  • Group Life includes Group Term Life, Group Universal Life, Group Variable Universal Life, Corporate and Trust-Owned Group Universal and Variable Universal Life Insurance, Life Funding Agreements, Supplementary Contracts, Group Survivor Income, and Group Paid-up Insurance.

  • Defined terms used in the BCC and the Amendment and Supplementary Contracts also apply to this Amendment and Supplementary Contract.


More Definitions of Supplementary Contracts

Supplementary Contracts means all supplementary contracts issued by the Ceding Company upon the annuitization of a Reinsured Policy.
Supplementary Contracts. Not Involving Life Contingencies (SCNI) is a settlement option purchased by individual life insurance policy and annuity contract proceeds generally providing periodic payment for a stated period or a stated amount An alternative settlement option includes an accumulation phase based upon an initial interest rate which is guaranteed for 5 years from the effective date; at the end of the 5 year period, payments will be based on interest at the rate declared by the company from time to time, but never less than the rate specified in the original life insurance policy or the contractual option. These periodic payment contracts generally provide for a level payout subject to changes in the declared interest rate. These contracts are commutable without penalty.

Related to Supplementary Contracts

  • Supplementary Conditions means the part of the Contract that amends or supplements the General Conditions;

  • Supplementary Card means a Card issued by the Bank subject to this Agreement to a Supplementary Cardholder nominated by the Principal Cardholder and at the joint request of the Principal Cardholder and such Supplementary Cardholder; and

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Supplementary Cardholder means the person who has been issued a Supplementary Card.

  • Supplementary Cardmember means a person who has been nominated by the Cardmember to be issued with an additional Card on the Account and is also covered by the insurance benefits included with the Card.

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Specified Contracts has the meaning set forth in Section 4.13(a).

  • Supplemental contract means a written agreement entered into for the distribution of proceeds under a life, health, or annuity policy or contract.

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • Supplementary Material means, collectively, any amendment to the Offering Documents and any amendment or supplemental prospectus or ancillary materials that may be filed by or on behalf of the Corporation under Applicable Securities Laws relating to the Offering and/or the distribution of the Offered Shares;

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Customer Contracts has the meaning set forth in Section 1.1(b)(ii)(A).

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Company Contracts has the meaning set forth in Section 3.13(a).

  • Supplementary aids and services means aids, services and other supports that are provided in regular education classes or other education-related settings and in extracurricular and nonacademic settings to enable children with disabilities to be educated with children without disabilities to the maximum extent appropriate.

  • Equipment Leases shall have the meaning set forth in Section 2.1(b) hereof.

  • Existing Contracts means the existing licenses and contracts given by the Railway Administration / Authority, in relation to commercial establishments, as existing on Station Development Land, as on the date of the Agreement, and as further set out in the Schedules, which shall, for avoidance of doubt, exclude any licenses and/ or contracts in relation to any Excluded Activities and/or Railway Operational Activities;

  • Material Contracts has the meaning set forth in Section 3.09(a).

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Supplementary Agreement means the agreement of which a copy is set out in the Fifth Schedule;

  • Material Leases has the meaning set forth in Section 4.21.

  • IP Contracts means all Contracts pursuant to which a party hereto or any of its Affiliates grants or obtains any rights to use Intellectual Property (other than Contracts in which such Intellectual Property is incidental to such Contracts).

  • Seller Contracts means all Contracts (i) relating to the Business under which Seller has or may acquire any rights or benefits, (ii) relating to the Business under which Seller has or may become subject to any obligation or Liability or (iii) by which any of the Purchased Assets or Assumed Liabilities is or may become bound.

  • Contracts means all contracts, leases, subleases, arrangements, commitments and other agreements, whether written or oral, including, without limitation, all license agreements, customer agreements, vendor agreements, purchase orders, installation and maintenance agreements, computer software licenses, hardware lease or rental agreements.