Effective Date IMR definition

Effective Date IMR means the Ceding Company’s Interest Maintenance Reserve with respect to the Business Reinsured that was created on or before the Effective Date.
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Effective Date IMR means $59,630,250.32, which the parties acknowledge and agree represents the interest maintenance reserve in respect of the Initial Funds Withheld Assets as of the Effective Time, determined in accordance with Cedant SAP, prior to any redeployment of the Initial Funds Withheld Assets on or following the Closing Date.
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Examples of Effective Date IMR in a sentence

  • The Reinsurer shall owe to the Ceding Company an initial funds withheld adjustment (the “Initial Funds Withheld Adjustment”) equal to the Effective Date IMR.

Related to Effective Date IMR

  • Effective Date of Contract means the date established in the Contract for the Contractor’s work to begin, or the date the Contract has been fully executed and received all required approvals, whichever date is later.

  • Target Effective Date has the meaning specified in Section 2.01(a).

  • Effective Date has the meaning set forth in the preamble.

  • Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.

  • Contract Effective Date means the date agreed upon by the parties for beginning the period of performance under the contract. In no case shall the effective date precede the date on which the contracting officer or designated higher approval authority signs the document.

  • Effective Date of Termination means the date on which a Qualifying Termination occurs, as provided in Section 2.2 herein, which triggers the payment of Severance Benefits hereunder.

  • Effective Date of Coverage means the date of commencement of Coverage in respect of a Life Insured under the Policy pursuant to the provision on Commencement of Coverage.

  • Restatement Effective Date means the date on which the conditions specified in Section 4.01 are satisfied (or waived in accordance with Section 9.02).

  • Effective date of enrollment means the first date when an en- rollee is entitled to receive covered benefits.

  • Increase Effective Date has the meaning specified in Section 2.14(d).

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • SEC Effective Date means the date the Registration Statement is declared effective by the Commission.

  • First Amendment Effective Date has the meaning assigned to such term in the First Amendment.

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Order Form Effective Date means the date on which an Order Form comes into effect as indicated in that Order Form.

  • Amendment Effective Date means the date of this Agreement.

  • Amendment and Restatement Effective Date means June 28, 2018, the date the amendments and restatements to the Plan of May 7, 2018 are subject to approval by the Company’s stockholders at the Company’s 2018 Annual Meeting.

  • Policy Effective Date means the commencement date of these Terms and Benefits which is specified as "Policy Effective Date" in the Policy Schedule.

  • License Effective Date means, with respect to each Component System of the Licensed System that Company is given the right to access and use, the date as of which the Company is first given such right to access and use.

  • Second Amendment Effective Date has the meaning assigned to such term in the Second Amendment.

  • Third Amendment Effective Date shall have the meaning provided in the Third Amendment.

  • Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.

  • Fourth Amendment Effective Date has the meaning assigned to such term in the Fourth Amendment.

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.