A&S transaction definition

A&S transaction means an insurance transaction which, in accordance with these Rules is, or should be, processed under the A&S or in respect of which monetary obligations are, or should be, settled under the A&S;
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Examples of A&S transaction in a sentence

  • BOTH BUYER AND SELLER, AFTER NEGOTIATION, MUTUALLY AGREED TO THE PROPERTY BEING CONVEYED IN ITS AS transaction and shall not be deemed merged into the deed of the Property to Buyer or any other instrument executed in connection herewith.