IT IS ALSO AGREED definition

IT IS ALSO AGREED that the Subscribing Reinsurer's share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.
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IT IS ALSO AGREED that the SUBSCRIBING REINSURER'S share in the attached Coinsurance Agreement shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the SUBSCRIBING REINSURER shall in no event participate in the interests and liabilities of the other reinsurers.
Sample 1

Examples of IT IS ALSO AGREED in a sentence

  • IT IS ALSO AGREED AND UNDERSTOOD THAT THERE ARE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS OF ANY OF THE ASSETS EITHER TRANSFERRED TO OR RETAINED BY THE PARTIES, AS THE CASE MAY BE, AND ALL SUCH ASSETS SHALL BE "AS IS, WHERE IS" AND "WITH ALL FAULTS;" PROVIDED, HOWEVER, that the absence of warranties shall have no effect upon the allocation of Liabilities under this Agreement.

  • IT IS ALSO AGREED AND UNDERSTOOD THAT THERE ARE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS OF ANY OF THE ASSETS EITHER TRANSFERRED TO OR RETAINED BY THE PARTIES, AS THE CASE MAY BE, AND ALL SUCH ASSETS SHALL BE "AS IS, WHERE IS" AND "WITH ALL FAULTS"; provided, however, that the absence of warranties shall have no effect upon the allocation of Liabilities under this Agreement.

  • IT IS ALSO AGREED THAT NO PREMIUM PAYMENT IS MADE WITH RESPECT TO ANY PERSON PROPOSED FOR COVERAGE WHO HAS, WITHIN THE PAST 12 MONTHS, BEEN TREATED FOR OR HAD HEART DISEASE, STROKE OR CANCER.

  • IT IS ALSO AGREED THAT THERE ARE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF ANY OF THE SPIN-OFF ASSETS OR THE MERGER ASSETS, AND ALL SUCH ASSETS ARE BEING TRANSFERRED "AS IS, WHERE IS" AND "WITH ALL FAULTS"; PROVIDED, HOWEVER, THAT THE ABSENCE OF WARRANTIES WILL HAVE NO EFFECT UPON THE ALLOCATION OF LIABILITIES UNDER THIS AGREEMENT OR THE MERGER AGREEMENT.

  • IT IS ALSO AGREED AND UNDERSTOOD THAT THERE ARE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS OF ANY OF THE ASSETS EITHER TRANSFERRED TO OR RETAINED BY THE PARTIES, AS THE CASE MAY BE, AND ALL SUCH ASSETS SHALL BE “AS IS, WHERE IS” AND “WITH ALL FAULTS;” provided, however, that the absence of representations and warranties under this Agreement shall have no effect upon any allocation of Liabilities under this Agreement.

  • IT IS ALSO AGREED that Addendum No. 1 to the Contract shall form part of the Contract, effective August 31, 1997.

  • IT IS ALSO AGREED that the "Novation Addendum," a copy of which is attached to and forms part of this Addendum, shall be recognized as part of this Agreement, effective July 1, 1997.

  • IT IS ALSO AGREED AND UNDERSTOOD THAT THERE ARE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS OF ANY OF THE ASSETS EITHER TRANSFERRED TO OR RETAINED BY THE PARTIES, AS THE CASE MAY BE,AND ALL SUCH ASSETS SHALL BE "AS IS, WHERE IS" AND "WITH ALL FAULTS"; provided, however, that the absence of warranties shall have no effect upon the allocation of Liabilities under this Agreement.

  • IT IS ALSO AGREED that, in lieu of the provisions of the second paragraph of the original Interests and Liabilities Agreement, this Agreement shall expire on September 30, 1997.

  • IT IS ALSO AGREED that the following SERVICING CLAUSE replaces the INTERMEDIARY ARTICLE in the Contract.

Related to IT IS ALSO AGREED

  • That (a) subject to paragraph 5B(b), the exercise by the Directors during the Relevant Period of all the powers of the Company to repurchase its own shares on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) or on any other stock exchange on which the securities of the Company may be listed and recognized by the Securities and Futures Commission and the Stock Exchange for this purpose, subject to and in accordance with all applicable laws and requirements of the Rules Governing the Listing of Securities on the Stock Exchange or of any other stock exchange on which the securities of the Company may be listed as amended from time to time, be and is hereby generally and unconditionally approved;

  • Agreed or “approved” means agreed or approved in writing and given for the purpose of this Unilateral Planning Obligation

  • ECA means the Environment Conservation Act, 1989 (Act No. 73 of 1989) and any regulations made in terms thereof, or any superseding legislation;

  • undertaker means the undertaker as defined in article 2 of this Order.

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing.

  • Finance Parties means the Facility Agent, the Arrangers, the Bookrunners, the Security Trustee, the Lenders, the holders of any Senior Secured Notes and the trustees and/or agents in respect of any Senior Secured Notes and “Finance Party” means any of them.

  • Construction Parties means all of the Parties to a Construction Service Agreement.

  • Freshwater means all waters not defined as saltwater

  • CFD means a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Acknowledged or "acknowledgment" means either an acknowledgment pursuant to title 33, chapter 4, article 5 or the signature, without more, of the person or persons signing the instrument, in which case the signature or signatures constitute the affirmation or acknowledgment of the signatory, under penalties of perjury, that the instrument is the act and deed of the signatory and that the facts stated in the instrument are true.

  • Renewable Resources means one of the following sources of energy: solar, wind, tidal, geothermal, biomass, hydroelectric facilities or digester gas.

  • Renewable resource means: (a) Water; (b) wind; (c) solar

  • the Academy means the school referred to in Article 4 and established by the Academy Trust;

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • The Contractor means the individual or firm or company whether incorporate not, undertaking the works and shall include legal personal representative of individual or the composing the firm or company and the permitted assignees of individual or firms of company.