Closing Premium Amount Sample Clauses

Closing Premium Amount. Independent Fiduciary will irrevocably direct the Plan Custodian to (i) pay Insurer [ * * * ] (as may be adjusted pursuant to paragraph 11.a.i., the “Closing Premium Amount”), which amount will be satisfied by (1) assigning, transferring and delivering to Insurer all rights, title and interests in and to each Eligible Asset set forth on the Transferred Asset Schedule, attached hereto as Schedule 2, as updated in accordance with paragraph 3.b, and (2) paying to Insurer cash equal to [ * * * ], if any, of (I) the [ * * * ] over (II) the [ * * * ] of the [ * * * ] of [ * * * ] as of the close of business on the [ * * * ] for each [ * * * ] and (ii) [ * * * ] ((i) and (ii), collectively, the “Closing Date Transfers”). If on or following the [ * * * ] the [ * * * ] receives any [ * * * ] with respect to [ * * * ], the [ * * * ] will be retained by the [ * * * ] unless such [ * * * ] were due to the [ * * * ] on or after the [ * * * ]. In addition, other [ * * * ] relevant to [ * * * ] will be retained by the [ * * * ]. In all cases, Company and Independent Fiduciary will work with Insurer in good faith to cause any [ * * * ] to be made to the correct party. In addition, for any [ * * * ] in respect of [ * * * ] due to the [ * * * ] that occur [ * * * ] following the [ * * * ] will work together in good faith to [ * * * ] as needed to reflect [ * * * ]. [ * * * ] acknowledges and agrees that, if the [ * * * ].