Exception for Continuing Operation of PLB Sample Clauses

Exception for Continuing Operation of PLB. The Parties hereby agree and acknowledge that it is anticipated that the Sellers will run off the existing business of PLB at the date of signature of this Agreement that is not transferred to the Purchasers. Accordingly, the provisions of Clauses 10.1 through 10.4 shall not apply to the Sellers to the extent they are required to engage in any actions contrary to such Clauses which are reasonably necessary in the course of ordinary business to continue during a reasonable time period to administer the policies of PLB existing at the date of signature of this Agreement which are not part of the Transferred Portfolio in the course of the above mentioned run off.
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Related to Exception for Continuing Operation of PLB

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