COLI Policy definition

COLI Policy means a corporate owned life insurance policy held by the Borrower with respect to certain of its employees.
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COLI Policy means a corporate-owned life insurance policy held by the Company with respect to certain of its employees.
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COLI Policy means a corporate-owned life insurance policy held by the Company with respect to certain of its employees. “Commitment” means, with respect to each Lender, the commitment of such Lender to make Revolving Loans and to acquire
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Examples of COLI Policy in a sentence

  • Variable COLI Policy (VCOLI) Maximum commission of 14% of Target Premium in Policy years 1-10; 3% of Target Premium in Policy years 11 and thereafter; and 2% of any excess premium paid.


More Definitions of COLI Policy

COLI Policy means a corporate owned life insurance policy held by the Company with respect to certain of its employees.
Sample 1
COLI Policy means any life insurance policy issued by any Insurance Company under which directors, officers or employees (or former directors, officers or employees) of a bank, corporation or other corporate entity are the insureds and such bank, corporation, trust or other corporate entity (for the express purpose of procuring such policies) is the policy owner or a beneficiary of such policy and where such employer procures such policies in a broad-based program with respect to its employees.
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Related to COLI Policy

  • R&W Policy means a representation and warranty insurance policy for the benefit of Buyer obtained in connection with this Agreement on the terms described on Schedule 1.01 of the Buyer Disclosure Schedule.

  • LPMI Policy A policy of primary mortgage guaranty insurance issued by a LPMI Insurer pursuant to which the related premium is to be paid from payments of interest made by the Mortgagor.

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • Blanket insurance policy means a group policy covering a defined class of

  • Policy means Related Party Transaction Policy.

  • PMI Policy A policy of primary mortgage guaranty insurance issued by a Qualified Insurer, as required by this Agreement with respect to certain Mortgage Loans.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Reimbursement insurance policy means a policy of insurance

  • CSR Policy means the present Corporate Social Responsibility Policy of the Company, which covers the activities to be undertaken by the Company as specified in Schedule VII to the Act and the CSR Expenditure thereon.

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.

  • D&O Tail Policy has the meaning set forth in Section 5.8(c).

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Tail Policy has the meaning set forth in Section 6.18(b).

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • D&O Policies has the meaning set forth in Section 8.06.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.