Variable Policies definition

Variable Policies means the individual variable life insurance policies issued by the Company, which are funded, in whole or in part, by the Separate Accounts.
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Variable Policies. As defined in the Subservicing Agreement.
Sample 1

Examples of Variable Policies in a sentence

  • Notwithstanding any provisions to the contrary in the BDSA, the following provisions shall apply to Variable Policies subject to Amended Reg.

  • The Variable Policies are duly and validly issued and were sold pursuant to an effective registration statement under the Securities Act and any applicable state securities laws and each such registration statement is currently in effect to the extent necessary to allow Sellers to receive contributions under such Variable Policies.

  • In the present day context, the Indian insurers experience tremendous growth in business from Unit Linked Product family which is similar to Variable Policies.

  • Commissions in the amounts set forth on Schedule A of this Agreement for the sale of Variable Policies, shall be payable monthly, except that in the event that a Variable Policy is returned to the Company within the "free look" period, the Distributor agrees to promptly repay the full amount of such commissions to the Company.

  • The Company shall also pay all costs, expenses and fees incurred in connection with the qualification of the Variable Policies under the applicable insurance and Blue Sky laws of the states in which the Variable Policies are offered.

  • This Agreement shall become effective on the date that the Variable Policies prospectuses, reflecting the underwriting arrangements provided by this Agreement, shall become effective under the 1933 Act, and shall continue in force unless terminated as provided herein.

  • Each of the Sellers' Separate Accounts is duly and validly established, maintained and operated in all material respects under the laws of the State of Connecticut, and the underlying Variable Policies provide that the assets of the Sellers' Separate Accounts are not chargeable with liabilities arising out of any other business that the applicable Seller may conduct.

  • The Company hereby employs the Distributor to act as principal underwriter for the Variable Policies and hereby agrees that during the term of this Distribution Agreement (hereinafter the "Agreement"), or until any termination thereof, the Distributor shall have the exclusive right to offer for sale and to distribute any and all Variable Policies offered by the Company.

  • The Distributor agrees to submit to the Company for its prior approval all advertising material, sales literature, circulars and any other material which the Distributor proposes to use in connection with the offering for sale of Variable Policies.

  • Except as set forth on Schedule 3.15, each of the Sellers' Separate Accounts is duly and validly established, maintained and operated in all material respects under the laws of the State of Connecticut, and the underlying Variable Policies provide that the assets of the Sellers' Separate Accounts are not chargeable with liabilities arising out of any other business that the applicable Seller may conduct.

Related to Variable Policies

  • Variable Priced Equity Linked Instruments shall have the meaning ascribed to such term in Section 4.13.

  • Applicable Policies means the policies, bylaws, directives, regulations, guidelines, codes of conduct, rules, systems and procedures of AHS listed in Schedule “F” attached.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Applicable Policy means any rules, policies, directives, standards of practice or Program Parameters issued or adopted by the Funder, the Ministry or other ministries or agencies of the province of Ontario that are applicable to the HSP, the Services, this Agreement and the parties’ obligations under this Agreement during the term of this Agreement. Without limiting the generality of the foregoing, Applicable Policy includes the other documents identified in Schedule C;

  • Variable Return means a percentage calculated as follows:

  • Exchange Policies means the policies, bylaws, rules and regulations of the Exchange governing the granting of options by the Company, as amended from time to time;

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

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

  • Variable Account means the account established for a member who participates in the

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

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Life Insurance Policy has the meaning given in Section 6.11.

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

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

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • Policies shall have the meaning specified in Section 6.1(b) hereof.

  • 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.

  • Force-Placed Insurance shall have the meaning set forth in Section 4.4.

  • Sustainability Linked Loan Principles means the Sustainability Linked Loan Principles as most recently published by the Loan Market Association and Loan Syndications & Trading Association.

  • Alternative modes of instruction means modes of pupil instruction, other than in-person instruction, that may include, without limitation, partnerships with other districts or intermediate districts or community colleges or institutions of higher education, use of vendors, use of online learning, telephone communications, email, virtual instruction, videos, slideshows, project-based learning, use of instructional packets, or a hybrid of multiple modes of learning that still promote recommended practices for social distancing to mitigate the spread of COVID-CD.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Variable Costs means the Train Operator’s costs which vary as a result of a Category 3 Disruption, a Relevant Cancellation or a Relevant Service Variation (as the case may be) arising directly from changes in train mileage including staff, maintenance, fuel or electricity costs, and the Variable Charge.

  • 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.

  • Investment Policies means the investment objectives, policies, restrictions and limitations set forth in the “BUSINESS” section of its Registration Statement, and as the same may be changed, altered, expanded, amended, modified, terminated or restated from time to time.

  • blanket hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and binding obligation of the insurer, is in full force and effect, and will be in full force and effect and inure to the benefit of the Purchaser upon the consummation of the transactions contemplated by this Agreement. The Company has not engaged in, and has no knowledge of the Mortgagor's or any Subservicer's having engaged in, any act or omission which would impair the coverage of any such policy, the benefits of the endorsement provided for herein, or the validity and binding effect of either, including without limitation, no unlawful fee, unlawful commission, unlawful kickback or other unlawful compensation or value of any kind has been or will be received, retained or realized by any attorney, firm or other person or entity, and no such unlawful items have been received, retained or realized by the Company;