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 ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb mutually agree with respect to each Plan).

Transition Termination Date shall be as defined in Section 8.11(a).

Examples of Transition Termination Date in a sentence

Unless otherwise agreed to by the parties hereto, the Company shall not be required to issue and cede Transition GBO Policies in any amount in any jurisdiction after the Transition Termination Date for that jurisdiction; except with respect to any renewal or conversion policies issued by the Company as required by law after the Transition Termination Date arising directly or indirectly with respect to any Coinsured Policy previously reinsured under this Coinsurance Agreement.
Except as otherwise agreed by ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb and Zimmer, ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb shall administer claims incurred under the Transition Health and Welfare Plans by Active Zimmer Employees which are submitted to ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb before the first anniversary of the Transition Termination Date and any determinations made or settlements entered into by ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb with respect to such claims shall be final and binding.
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 ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Health and Welfare Plans before the Distribution Date or the Transition Termination Date, as applicable.
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.
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 ▇▇▇▇▇▇ Employee shall be assumed by ▇▇▇▇▇▇ immediately following the Transition Termination Date.
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.
Effective as of the Transition Termination Date or such earlier date as ▇▇▇▇▇▇▇-▇▇▇▇▇ 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 ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Company Educational Assistance Tuition Aid Program.
No member of the ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Group shall have any obligation to continue such enrollment or participation in the ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Health and Welfare Plans on or after the Transition Termination Date and Zimmer shall reimburse and indemnify ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb for and against any and all costs, expenses or Liabilities incurred by ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb or any member of the ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Group that result from the termination of such enrollment or participation.
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 ▇▇▇▇▇▇ Group shall adopt the International ▇▇▇▇▇▇ Health and Welfare Plans and enroll the Active ▇▇▇▇▇▇ Employees in such International Health and Welfare Plans, as soon as practicable, but, no later than the Transition Termination Date.

More Definitions of Transition Termination Date

Transition Termination Date has its meaning set forth in Section 2(a).

Transition Termination Date is defined in the Transition Service Agreement.

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.

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.

Transition Termination Date has the meaning set forth in Section 5.7(c).