Current Practices Clause Samples
Current Practices. The Ceding Company will not materially change, ----------------- alter or otherwise compromise its claims paying or administrative practices with respect to the annuities reinsured hereunder without prior written consent of the Reinsurer.
Current Practices. The Ceding Company will not change or alter its underwriting, claims paying or administrative practices with respect to the Annuities in a manner that a reasonable person would expect could harm its relationship with policyholders or agents or increase the lapses or withdrawals of the Annuities without the prior written consent of the Reinsurer. For the purpose of this paragraph, claims paying and administrative practices do not include the setting or resetting of crediting rates, bonuses or commission rates.
Current Practices. The Ceding Company will not materially change, alter or otherwise compromise its underwriting, annuity contract administration or other administrative practices in effect on the Effective Date with respect to the Base Annuities and Riders without the prior written consent of the Reinsurer. For purposes of this Paragraph, a material change or alteration is deemed to occur when such change or alteration could affect the liability or profitability of the Reinsurer under this Agreement. If the Reinsurer does not consent to a material change, the Reinsurer’s rights, remedies and obligations hereunder shall be determined as if no such change occurred. Such consent shall not be unreasonably withheld.
Current Practices. The Ceding Company shall not change, alter or otherwise compromise, and shall not allow any subcontractor to change, alter or otherwise compromise, its claims paying or administrative practices with respect to the Reinsured Contracts without the prior written consent of the Reinsurer, which consent shall not be unreasonably withheld, conditioned, or delayed; provided, however, that no such consent of the Reinsurer is required for any change or alteration in its claims paying or administrative practices if such change or alteration is also being made with respect to variable annuity contracts of the Ceding Company that are not reinsured hereunder or reinsured to a third party under any other agreement. At the reasonable request of the Reinsurer, the Ceding Company shall provide to the Reinsurer information relating to any changes, alterations or compromises that do not require the Reinsurer’s consent under this Section 4.2.
Current Practices. It is understood that existing ordinances, resolutions, City Council and administrative policies of the CITY, past ECPOA MOUs, Personnel Rules, and Police Department Rules and Regulations cover matters pertaining to employer-employee relations including, not limited to, wages, salaries, benefits, hours and other terms and conditions of employment, are hereby incorporated herein by this reference and made a part hereof as though set forth in full and, except as provided herein, shall remain in full force and effect during the term thereof, except to the extent the parties agreed to modify them during the negotiations resulting in this MOU.
Current Practices. It is understood that existing ordinances, resolutions and City Council and Administrative Policies of the CITY, past ASSOCIATION MOU, Personnel Rules, and Fire Department Rules and Regulations in effect, cover matters pertaining to employer-employee relations including, but not limited to, wages, salaries, benefits, hours and other terms and conditions of employment. Therefore, it is agreed that all such ordinances, resolutions, City Council and Administrative policies, past ASSOCIATION MOU, Personnel Rules, and Fire Department Rules and Regulations, including the Employer-Employee Relations Resolution are hereby incorporated herein by this reference and made part hereof as though set forth in full, and except as provided herein, shall remain in full force and effect during the term thereof.
Current Practices. Current practices are supported by MSA Grant Funds and consist of the provision of interventions developed by the American Lung Association, Freedom from Smoking Program currently administered by a community nonprofit agency. Services are currently provided at various locations through-out the County. The County is seeking increased impact and achievement of outcomes in future MSA-funded programs.
Current Practices. The Ceding Company will not materially change, alter or otherwise compromise its claims paying or administrative practices with respect to the Annuities without prior written consent of the Reinsurer. For purposes of this Paragraph, a material change or alteration is deemed to occur when such change or alteration could affect the liability of the Reinsurer under this Agreement.
Current Practices. Each Acquired Company shall, (i) conduct its business in a diligent manner and comply with all Laws and Judgments applicable to it; (ii) not make any material change in its business practices; and (iii) use its commercially reasonable efforts to preserve its business organization intact, keep available the services of its current officers, employees, salesmen, advisors, agents and representatives, and maintain the good will of its customers, suppliers and other Persons having business relations with it. The Seller and the Acquired Companies shall use all commercially reasonable efforts to see that ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, who are each actively involved in the management of the Acquired Companies, remain actively involved in managing the Acquired Companies, consistent with their past practices.
Current Practices. Protexx shall: (i) conduct its business in a diligent manner and comply in all material respects with all Laws and Orders applicable to it; (ii) not make any material change in its business practices; and (iii) use its commercially reasonable efforts to preserve its business organization intact in all material respects, keeping available the services of its current officers, employees, salesmen, agents and representatives, and maintaining the good will of its customers, suppliers and other Persons having business relations with it. ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, and ▇▇▇▇▇▇▇ ▇▇▇▇▇, who are actively involved in the management or software development of Protexx, shall remain actively involved in managing Protexx, consistent with their past practices. Protexx Americas never had any business and 22THEN no longer has any separate business after the merger of 22THEN with and into Protexx on January 17, 2008. The only business of 22THEN prior to its merger with and into Protexx was the ownership of certain Software and intellectual property, all of which has been and continues to be solely and exclusively owned by Protexx from and after the merger of 22THEN with and into Protexx on January 17, 2008.