Policyholders Sample Clauses
The POLICYHOLDERS clause defines who is recognized as a policyholder under the terms of the insurance contract. It typically specifies the individuals or entities entitled to coverage, rights, and obligations, and may outline how changes in policyholder status are handled, such as through assignment or transfer. This clause ensures clarity regarding who benefits from the policy and who is responsible for fulfilling its terms, thereby preventing disputes over coverage and responsibilities.
Policyholders. SCHEDULE 3.22 sets forth all of the policyholders (the "Policyholders") that have policies of insurance for which the Company is currently receiving a commission or has received a commission on or after January 1, 1994. Except as disclosed to Purchaser in writing, the Company is currently the agent of record for each of the Policyholders. After the Closing Date, Purchaser shall have an unconditional right with respect to each Policyholder to engage in the solicitation, quotation and sale of ▇▇▇▇▇ Insurance Company's policies of workers' compensation insurance (and ancillary services related thereto) and ▇▇▇▇▇ Assurance Company's policies of accident and health and life insurance (and ancillary services related thereto) without any restriction or limitation of any kind. No person or entity has any right (whether pursuant to any agreement or understanding or otherwise), pursuant to an agreement between the Company and such person or entity, to preclude or limit the solicitation, quotation or sale of ▇▇▇▇▇ Insurance Company's policies of workers' compensation insurance (and ancillary services related thereto) and ▇▇▇▇▇ Assurance Company's policies of accident and health and life insurance (and ancillary services related thereto) by Purchaser to any Policyholders after the Closing Date. After the Closing Date, Purchaser will be entitled to the goodwill and renewal rights with respect to each of the Policyholders, without any restriction or limitation of any kind. Except as disclosed in writing to Purchaser, none of the Company nor any of the Shareholders has any actual knowledge that any of the Policyholders will not purchase insurance issued by ▇▇▇▇▇ Insurance Company or ▇▇▇▇▇ Assurance Company and sold by Purchaser.
Policyholders. SCHEDULE 3.31 sets forth all of the policyholders (the "Individual Policyholders") that have policies of insurance for which the Individual Sellers is currently receiving a commission or has received a commission on or after January 1, 1994. Except as disclosed to Purchaser in writing, the applicable Individual Seller is currently the agent of record for each of the applicable Individual Policyholders. After the Closing Date, Purchaser shall have an unconditional right with respect to each Individual Policyholder to engage in the solicitation, quotation and sale of ▇▇▇▇▇ Insurance Company's policies of workers' compensation insurance (and ancillary services related thereto) and ▇▇▇▇▇ Assurance Company's policies of accident and health and life insurance (and ancillary services related thereto) without any restriction or limitation of any kind. No person or entity has any right (whether pursuant to any agreement or understanding or otherwise), pursuant to an agreement between the Individual Seller and such person or entity, to exclude or limit the solicitation, quotation or sale of ▇▇▇▇▇ Insurance Company's policies of workers' compensation insurance (and ancillary services related thereto) and ▇▇▇▇▇ Assurance Company's policies of accident and health and life insurance (and ancillary services related thereto) by Purchaser to any Individual Policyholders after the Closing Date. After the Closing Date, Purchaser will be entitled to the goodwill and renewal rights with respect to each of the Individual Policyholders, without any restriction or limitation of any kind. Except as disclosed in writing to Purchaser, the Individual Seller has no knowledge that any of the Individual Policyholders will not purchase insurance issued by ▇▇▇▇▇ Insurance Company or ▇▇▇▇▇ Assurance Company and sold by Purchaser.
Policyholders. Policyholders" shall mean the individuals for whom insurance coverage is provided under the Policies.
Policyholders. “Policyholders” means the holders of one or more of the Reinsured Policies.
Policyholders. SCHEDULE 2.29 sets forth all of the policyholders (the "Policyholders") that have policies of workers' compensation insurance for which any of the Companies is currently receiving a commission or has received a commission on or after January 1, 1992. Except as disclosed to Purchaser in writing, one of the Companies is currently the agent of record for each of the Policyholders. After the Closing Date, Purchaser shall have an unconditional right with respect to each Policyholder to engage in the solicitation, quotation and sale of ▇▇▇▇▇ Insurance Company's policies of workers' compensation insurance (and ancillary services related thereto) without any restriction or limitation of any kind. Neither the State Accident Insurance Fund Corporation ("SAIF") nor any other person or entity has any right (whether pursuant to any agreement or understanding or otherwise), pursuant to an agreement between any of the Companies and such person or entity, to preclude or limit the solicitation, quotation or sale of ▇▇▇▇▇ Insurance Company's policies of workers' compensation insurance (and ancillary services related thereto) by Purchaser to any Policyholders after the Closing Date. After the Closing Date, Purchaser will be entitled to the goodwill and renewal rights with respect to each of the Policyholders, without any restriction or limitation of any kind. Except as disclosed in writing to Purchaser, neither any of the Companies nor any of the Shareholders has any actual knowledge that any of the Policyholders will not purchase workers' compensation insurance issued by ▇▇▇▇▇ Insurance Company and sold by Purchaser.
Policyholders. Schedule 3.1.14 sets forth (a) the names and addresses of all owners, participants and/or holders of the Policies constituting the Truckers Business ("Policyholders") of Seller that purchased Policies through Seller or Producers of Seller which were in force and effect upon the Effective Date; (b) the amount of Billed Premium under such Policies during the one year period ending on the Effective Date of this Agreement; and (c) a list of the names and addresses of all Producers of such Policies. Seller has not received any notice or has any reason to believe that any Policyholder of Seller has lapsed or intends to permit its Policy to lapse or to non-renew any Policy. To the best knowledge of Seller, no Policyholder of Seller described in clause (a) of the first sentence of this section has otherwise threatened to take any action described in the preceding sentence as a result of the consummation of the transactions contemplated by this Agreement and the Collateral Agreements.
Policyholders. Buyer covenants and agrees that from and after the Closing Date Buyer shall use all commercially reasonable efforts to provide, at all times and from time to time, to the Company's policyholders on the Closing Date crediting rates and renewal rates and standards of policyholder service and administration which are similar to those provided to other policyholders of Buyer with respect to policies of a similar type and nature (including issue date and surrender charge periods) as the Company's