Examples of Transferred Policy in a sentence
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.
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.
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.
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.
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.
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.
Venue for all disputes arising under this Contract shall be Tippecanoe County, Indiana.8.6 Notwithstanding any term or condition in this Contract to the contrary, in the event litigations is commenced to enforce any term or condition of this Contract, the prevailing party shall be entitled to costs and expenses of litigation including a reasonable attorney fee.
The Transferred Policy Holder shall not, without the prior written consent of the applicable Transferred Policy Beneficiary, amend, modify or waive any of its rights under the applicable Transferred Insurance Policies to the extent that doing so could reasonably be expected to adversely affect any coverage thereunder of the Transferred Policy Beneficiaries.
Subject to the following sentence, the Transferred Policy Holder shall retain the exclusive right to control claims under such Transferred Insurance Policies, provided that the Transferred Policy Beneficiaries shall have the right, but not the duty, to monitor such claims.
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.