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;
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Transferred Policy means any of them;
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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;
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Examples of Transferred Policy in a sentence

  • All references in a Transferred Policy to the Transferor Group shall, where the context requires, be read and construed with effect from the Effective Date as references to the Transferee Group.

  • 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.

  • Tangata whenua utilised the limited resources at their disposal to participate as adequately as possible in the consultation process for the Blue Bay case study.

  • Any direct debit mandate, standing order or other instruction in force immediately prior to the Effective Date and providing for the payment by a bank or other intermediary of premiums or other amounts payable to the Transferor under or in respect of any Transferred Policy shall on the Effective Date take effect as if it had provided for and authorised such payment to the Transferee.

  • If at any time before the Residual Policies Reassurance Arrangement is terminated in accordance with paragraph 8.1 all consents, orders, permissions or other requirements for the transfer or novation of a Residual Policy from the Transferor to the Transferee are obtained, such Residual Policy shall, by the Order and without any further act or instrument, be transferred to the Transferee, and shall thereafter be treated in all respects, as if it were a Transferred Policy and not a Residual Policy.

  • Without prejudice to the generality of paragraph5.1, where the benefits of any Transferred Policy are held under the terms of a trust, such terms, together with the terms of any rules applicable to any pension scheme in the case of any pension scheme under which benefits are referable to a Transferred Policy, shall operate and be construed on and from the Effective Date on a basis which is consistent with the transfer of such Transferred Policy in accordance with the provisions of this Scheme.

  • This paragraph 27 applies to any Transferred Policy that is, immediately prior to the Effective Date, written in or allocated to the Non-Profit Fund of Phoenix if and to the extent that the WP Investment Element is transferred or allocated to, or reinsured by, the Phoenix SPI WP Fund.

  • If any doubt or difference shall arise as to the allocation or attribution of any of the Transferred Business (including any Transferred Policy, Transferred Business Asset or Transferred Liability), or any Residual Asset or Residual Liability, in accordance with this Scheme, the same shall be determined by the Transferee Board, having regard to appropriate actuarial advice.

  • Without prejudice to the generality of paragraph 3.1(a), where the benefits of any Transferred Policy are held under the terms of a trust, such terms together with any rules applicable to any pension scheme in the case of any pension scheme under which benefits are referable to a Transferred Policy, shall operate and be construed, with effect on and from the Effective Date, on a basis which is consistent with the transfer of such Transferred Policy in accordance with the provisions of this Scheme.

  • 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.


More Definitions of Transferred Policy

Transferred Policy has the meaning given in clause 13.3;
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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 a representation and warranty insurance policy for the benefit of Buyer obtained in connection with this Agreement on the terms described on Schedule 1.01 of the Buyer Disclosure Schedule.

  • 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 maintained, or contributed to, by the Seller or any ERISA Affiliate.

  • 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 Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • 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 has the meaning set forth in Section 5.5(e).

  • 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 means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • 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.