Transition Termination Date definition

Transition Termination Date means, with respect to Coinsured Policies in each Permitted Jurisdiction, the earliest of (i) ninety (90) days after the date that Reinsurer has obtained all licenses and form and rate approvals necessary to write all of the GBO Business Policies other than group life insurance policies and group accidental death and dismemberment insurance policies in such jurisdiction, (ii) the date of consummation of assumption reinsurance of, and novation by the Company with respect to, all Coinsured Policies in such jurisdiction, and (iii) twenty-four (24) months from the Reinsurance Closing Date with respect to group life, group accidental death and dismemberment, long-term disability and survivor income Coinsured Policies, and thirty (30) months from the date of the Reinsurance Closing Date with respect to all other Coinsured Policies.
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Transition Termination Date means January 1, 2002 (or such other date(s) that Zimmer and Xxxxxxx-Xxxxx Squibb mutually agree with respect to each Plan).
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Transition Termination Date has its meaning set forth in Section 2(a).
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Examples of Transition Termination Date in a sentence

  • Except as otherwise agreed by Xxxxxxx-Xxxxx Squibb and Zimmer, Xxxxxxx-Xxxxx Squibb shall administer claims incurred under the Transition Health and Welfare Plans by Active Zimmer Employees which are submitted to Xxxxxxx-Xxxxx Squibb before the first anniversary of the Transition Termination Date and any determinations made or settlements entered into by Xxxxxxx-Xxxxx Squibb with respect to such claims shall be final and binding.

  • No member of the Xxxxxxx-Xxxxx Squibb Group shall have any obligation to continue such enrollment or participation in the Xxxxxxx-Xxxxx Squibb Health and Welfare Plans on or after the Transition Termination Date and Zimmer shall reimburse and indemnify Xxxxxxx-Xxxxx Squibb for and against any and all costs, expenses or Liabilities incurred by Xxxxxxx-Xxxxx Squibb or any member of the Xxxxxxx-Xxxxx Squibb Group that result from the termination of such enrollment or participation.

  • Each of GECM and MCM shall use reasonable best efforts to de-integrate their operations as soon as possible, but not later than the Transition Termination Date; provided, that neither party shall be required to incur any extraordinary expenses in connection therewith.

  • From the Effective Date through the Transition Termination Date, GECM shall use commercially reasonable efforts to assist MCM in connection with it entering into new agreements with any information system, trading platform or similar service vendors of GECM, on terms as close as are reasonably obtainable to the existing terms of such contracts taking into account that MCM will be the sole party to such new agreements.

  • To the extent necessary, the appropriate members of the Xxxxxx Group shall adopt the International Xxxxxx Health and Welfare Plans and enroll the Active Xxxxxx Employees in such International Health and Welfare Plans, as soon as practicable, but, no later than the Transition Termination Date.

  • Effective as of the Transition Termination Date or such earlier date as Xxxxxxx-Xxxxx Squibb and Zimmer may mutually agree, Zimmer shall provide a Zimmer educational assistance program to Active Zimmer Employees which is substantially similar in all material respects to the Xxxxxxx-Xxxxx Squibb Company Educational Assistance Tuition Aid Program.

  • Effective as of the Transition Termination Date or such other date as Xxxxxxx-Xxxxx Squibb and Zimmer may mutually agree, the Xxxxxxx-Xxxxx Squibb Company Adoption Assistance Program shall cease to provide reimbursement to any Active Zimmer Employees and any and all outstanding approved reimbursements shall be made by Zimmer.

  • All waiting periods and pre-existing condition clauses shall be waived under the Zimmer Health and Welfare Plans for Active Zimmer Employees and their eligible dependents who were participating in the Xxxxxxx-Xxxxx Squibb Health and Welfare Plans before the Distribution Date or the Transition Termination Date, as applicable.

  • A Welfare Claim for hospital admission shall be deemed to have been incurred on the date of admission to the hospital, PROVIDED, HOWEVER, that financial responsibility for any costs associated with the hospital confinement of an Active Xxxxxx Employee shall be assumed by Xxxxxx immediately following the Transition Termination Date.

  • In addition, any renewal or converted policies issued by the Company as required by law after the applicable Transition Termination Date arising directly or indirectly with respect to any policy previously reinsured under this Coinsurance Agreement shall constitute Transition GBO Policies and automatically and immediately be ceded under this Coinsurance Agreement.


More Definitions of Transition Termination Date

Transition Termination Date means the earlier to occur of (1) September 30, 2018, and (2) the first day on which the Transition Termination Balance is zero or a negative number.
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Transition Termination Date has the meaning set forth in Section 5.7(c).
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Transition Termination Date is defined in the Transition Service Agreement.
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Transition Termination Date shall be as defined in Section 8.11(a).
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Transition Termination Date means, with respect to Coinsured Policies in each Permitted Jurisdiction, the earliest of (i)_ninety (90) days after the date that Reinsurer has obtained all licenses and form and rate approvals necessary to write all of the GBO Business Policies other than group term life insurance policies and group accidental death and dismemberment insurance policies in such jurisdiction, (ii)_the date of consummation of assumption reinsurance of, and novation by the Company with respect to, all Coinsured Policies in such jurisdiction, and (iii)_twenty-four (24) months from the Reinsurance Closing Date with respect to group term life, group accidental death and dismemberment, long-term disability and survivor income Coinsured Policies, and thirty (30) months from the date of the Reinsurance Closing Date with respect to all other Coinsured Policies.
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Related to Transition Termination Date

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Agreement Termination Date is defined in Section 7.4.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Accretion Termination Date As defined in the Series Supplement.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Transition Date means the date on which this contract comes into effect for all purposes.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Event Termination Date See Section 2(e) hereof.

  • Lease Termination Date means the last day of the Lease Term.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Accrual Termination Date Not applicable.

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.