Transferred Policy definition

Transferred Policy means any Policy written by the Transferor which is comprised in the Transferred Business, together with any proposals for insurance received by or on behalf of the Transferor before the Legal Effective Date which has not become a Policy in force by the Legal Effective Date but which subsequently becomes a Policy, but excluding any Excluded Policy and (subject to clause 7) the Residual Policies;
Transferred Policy means each of the insurance policies described in the policy proposal document dated 22 August 2002 prepared by Xxxxx UK Limited a copy of which is identified as such and contained in the Data Room;
Transferred Policy has the meaning given in clause 13.3;

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.


More Definitions of Transferred Policy

Transferred Policy means any of them;

Related to Transferred Policy

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • Shared Policies has the meaning set forth in Section 8.1(b).

  • Insurance Policies has the meaning set forth in Section 3.16.

  • R&W Policy means those certain buyer-side representations and warranties insurance policies purchased by Buyer in connection with this Agreement.

  • Transferred Permits has the meaning set forth in Section 1.1(b).

  • Lapsed Policy means a Policy which has not acquired the Surrender Value and where the due Premium has not been received till the expiry of the Grace Period.

  • Purchaser Plans shall have the meaning set forth in Section 6.6(a)(v).

  • Seller Plan means any Employee Benefit Plan that is maintained or sponsored by the Seller or any Subsidiaries of the Seller (other than the Companies and their Subsidiaries) for the benefit of any current or former NewCo Employee.

  • Seller Plans has the meaning set forth in Section 3.13(a).

  • Claims Made Policies has the meaning set forth in Section 5.01(b).

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Certificate Insurance Policy The Financial Guaranty Insurance Policy No. CA01172A, and all endorsements thereto dated the Closing Date, issued by the Certificate Insurer for the benefit of the Class AF-3 Certificateholders.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each "employee benefit plan," within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • Reimbursement insurance policy means a policy of insurance

  • Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • D&O Policies has the meaning set forth in Section 8.06.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Medicare supplement policy means a group or individual policy of [accident and sickness] insurance or a subscriber contract [of hospital and medical service associations or health maintenance organizations], other than a policy issued pursuant to a contract under Section 1876 of the federal Social Security Act (42 U.S.C. Section 1395 et. seq.) or an issued policy under a demonstration project specified in 42 U.S.C. § 1395ss(g)(1), which is advertised, marketed or designed primarily as a supplement to reimbursements under Medicare for the hospital, medical or surgical expenses of persons eligible for Medicare. “Medicare supplement policy” does not include Medicare Advantage plans established under Medicare Part C, Outpatient Prescription Drug plans established under Medicare Part D, or any Health Care Prepayment Plan (HCPP) that provides benefits pursuant to an agreement under §1833(a)(1)(A) of the Social Security Act.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.