Transferred Policies definition

Transferred Policies has the meaning specified in Section 4.16.

Transferred Policies means the policies and the Transferred Group Pension Policy Elements underwritten by the Transferor which are non-profit and non-profit unit-linked annuity policies and benefits, all of which are listed in the Data, but for the avoidance of doubt excluding the Excluded Policies and, prior to each Subsequent Transfer Date, the Residual Policies;

Transferred Policies means (i) each insurance policy held by a DivestCo NewCo or DivestCo Transferred Entity on the Separation Effective Time; and (ii) the Specified OPI Media Insurance Policy;

Examples of Transferred Policies in a sentence

• On the Effective Date, the Transferee shall become entitled to all the rights, benefits and powers of the Transferor whatsoever subsisting immediately prior to the Effective Date under or by virtue of the Transferred Policies.

• Any mandate or other instruction in force on the Effective Date as to the manner of payment of any sum payable by the Transferor under any of the Transferred Policies shall, on and with effect from the Effective Date, continue in force as an effective authority to the Transferee in place of the Transferor.

• On and with effect from the Effective Date, all premiums attributable or referable to the Transferred Policies shall be payable to (and receivable by) the Transferee.

• Jersey Policies shall be treated for all purposes of this Scheme as if they were Transferred Policies with effect from the Jersey Effective Date, and shall, on the later of the Effective Date and the Jersey Effective Date, be transferred to and vested in the Transferee by the Order (in addition to any order of the Royal Court of Jersey).

• Jersey Policies shall be treated for all purposes of this Scheme as if they were Transferred Policies with effect from the Jersey Effective Date and shall be transferred to and vested in the Transferee by the Order (in addition to any order of the Royal Court of Jersey) with effect from the Jersey Effective Date.

More Definitions of Transferred Policies

Transferred Policies means Phoenix Policies under which any liability remains unsatisfied or outstanding at the Transfer Date but excluding the Residual Policies and the Excluded Policies.

Transferred Policies shall have the meaning set forth in Section 7.02(b).

Transferred Policies shall have the meaning set forth in Section 2.3 hereof. 1.2

Transferred Policies means the policies underwritten by the Transferor to the extent listed in the Schedule of Policies, but for the avoidance of doubt excluding the Excluded Policies and, prior to each Subsequent Transfer Date, the Residual Policies;

Transferred Policies means every Policy written or assumed by RLL under which any liability remains unsatisfied or outstanding at the Transfer Date, but excluding the Residual Policies and the Excluded Policies;

Transferred Policies means every Policy listed in the Data under which any liability remains unsatisfied or outstanding at the Effective Date, together with:

Transferred Policies means every Policy comprised in the Transferred Business written by a Transferor under which any Liability remains unsatisfied or outstanding at the Effective Date, including: