Examples of Transferred Policy in a sentence
The holders of the Transferred Policies (and any persons entitled to beneficial rights under such Transferred Policies) will, from the Effective Date, become entitled, to the exclusion of any rights which they may have had against the Transferors under a Transferred Policy, to the same rights against Mercantile.
Notwithstanding anything in this Agreement to the contrary, this Agreement shall not constitute an agreement to add Industrial Company as a named insured under any Transferred Policy without Consent thereto if such addition without such Consent would constitute a breach of such Transferred Policy.
Given this, if you are a US based policyholder of a Transferred Policy, the Scheme will apply in respect of your Transferred Policy in the same way as for other policyholders.
As soon as possible after the Transfer Date every holder of a Transferred Policy shall receive a Certificate of Assumption from Manulife USA and the form of such Certificate of Assumption shall be approved by Manulife America prior to the Transfer Date.
Any mandate or other instruction in force on the Effective Date as to the manner of payment by the Transferor of any sum payable under any Transferred Policy shall continue in force as an effective instruction or authority to the Transferee.
All references in a Transferred Policy to the group of companies of which a Transferor is or has been a member shall, where the context requires, be read and construed with effect from the Effective Date as references to the Group.
The Court’s decision will be recognised in all other EEA jurisdictions (subject to the PRA notifying the regulator in other relevant EEA states and certain rights of the relevant EEA regulators to refuse to consent to the Scheme), and will therefore apply in respectof your Transferred Policy in the same way as for other policyholders.
He shall subscribe to the Church Covenant and Doctrinal Statement.
On and with effect from the Effective Date, each holder of a Transferred Policy who is a Teachers Member immediately prior to the Effective Date shall become (at no cost to such persons) a member of the Transferee, with the same rights and benefits as the existing Transferee Members.
Generally, the Scheme allocates liabilities to the fund to which the relevant Transferred Policy has been allocated by the Scheme.