Guernsey Policies definition

Guernsey Policies means any policies of the Transferor comprised in the Data under which any liability remains unsatisfied or outstanding at the Guernsey Effective Date which comprise long term business (as such expression is interpreted for the purpose of the Insurance Business (Bailiwick of Guernsey) Law, 2002) which was carried on in or from within the Bailiwick of Guernsey or in respect of policies written under Guernsey law or issued to a resident of the Bailiwick of Guernsey and the transfer of which to the Transferee requires the sanction of the Royal Court of Guernsey pursuant to section 44(1) of the Insurance Business (Bailiwick of Guernsey) Law, 2002;
Guernsey Policies means the Transferred Guernsey Policies (as defined in the
Guernsey Policies means any policies of the Transferor comprised in the Data under which any liability remains unsatisfied or outstanding at the Guernsey Effective Date which comprise the business of effecting or carrying out long-term insurance contracts with Guernsey Policyholders, falling within the classes of insurance business set out in Schedule 1 to the Insurance Business Law, and the transfer of which to the Transferee requires the sanction of the Royal Court pursuant to section 44 of the Insurance Business Law;

Examples of Guernsey Policies in a sentence

  • Guernsey Policies shall be treated for all purposes of this Scheme as if they were Transferred Policies with effect from the Guernsey Effective Date, and shall, on the later of the Effective Date and the Guernsey Effective Date, be transferred to and vested in the Transferee by the Order (in addition to any order of the Royal Court of Guernsey).

  • On and with effect from the Effective Date, the Transferee shall become entitled to all the rights, benefits and powers of the Transferor whatsoever subsisting on the Effective Date under or by virtue of the Transferring Guernsey Policies.

  • The Transferring Guernsey Policies, Transferring Guernsey Assets, Residual Guernsey Assets, Transferring Guernsey Liabilities and Residual Guernsey Liabilities shall be allocated in accordance with Part D (Allocations on the Effective Date) of the UK Scheme.

  • On the Guernsey Transfer Date but with effect from the Guernsey Effective Date, the Guernsey Policies shall be allocated to the Non-Profit Fund.

  • The Transferee shall accept without investigation or requisition such title as the Transferor shall have at the Effective Date to the Transferring Guernsey Policies and the Transferring Guernsey Assets and, at any Subsequent Transfer Date, to the Residual Guernsey Assets then transferred.

  • On and with effect from the Effective Date, all of the Transferring Guernsey Policies shall be managed to in accordance with Part E of and Schedule 2 to the UK Scheme.

  • All premiums attributable or referable to the Transferring Guernsey Policies, if any, shall on and after the Effective Date be payable to the Transferee.

  • This does NOT mean that this will happen every day only that it is allowed.) Please note: waterfront and pool locations are supervised at all times, when in use.None 15-30 min 30 min-1 hr.

  • Without limiting paragraph 3.1 above, the Transferring Guernsey Policies will be transferred to the Transferee on terms that incorporate the amendment to the Transferring Guernsey Policies set out in the Part 26 Scheme.

  • In order to transfer the Jersey Policies and Guernsey Policies, there will be a separate Jersey Scheme and a Guernsey Scheme respectively under the laws of those countries.


More Definitions of Guernsey Policies

Guernsey Policies means the Transferred Guernsey Policies (as defined in theGuernsey Scheme);

Related to Guernsey Policies

  • City Policies means any or all (as the context requires) of those procedures, standards and/or standard specifications, requirements, policies and the like listed in Schedule H or notified to the Supplier from time to time, as the same may be updated, modified, expanded, revised, supplemented and/or replaced from time to time by the City (as notified to the Supplier);

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

  • Company Policies means the Company policies and procedures in effect from time to time, including, without limitation, policies and procedures with respect to the Company’s “Regulatory Credit Classifications” (as defined in the Company’s Annual Report on Form 10-K filed with the Securities Exchange Commission on March 7, 2016 (the “Form 10-K”)), and as amended from time to time, and any credit risk policies and procedures in effect from time to time.

  • Policies shall have the meaning specified in Section 6.1(b) hereof.

  • Mandatory Policies means the following of our business policies and codes:

  • Privacy Policies has the meaning specified in Section 4.14(e).

  • Clawback means the obligation to repay amounts to a Member of the CFG Group by an individual in accordance with rule 4 as the Committee considers appropriate;

  • 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.

  • Tariff Policy means a Tariff Policy adopted by the Council in terms of Section 74 of the Local Government: Municipal Systems Act 32 of 2000.

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

  • Code of Conduct means the SFC's Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission.

  • Operating Rules means the operating rules of a CS Facility regulating the settlement, clearing and registration of uncertificated shares as amended, varied or waived (whether in respect of the Company or generally) from time to time which shall only apply to the Company during the Listed Period;

  • Policy means Related Party Transaction Policy.

  • Anti-Corruption Guidelines means the “Guidelines on Preventing and Combating Fraud and Corruption in Projects Financed by IBRD Loans and XXX Credits and Grants”, dated October 15, 2006.

  • customary law means any custom having the force of law in the Republic of the Marshall Islands; and includes any Act declaring the customary law;

  • Security Policy means the Authority’s Security Policy annexed to Schedule (Security Requirements and Plan) as updated from time to time.

  • Company Privacy Policies means all current and, to the extent applicable, prior public or internal policies, procedures and representations of the Company or its Subsidiaries to the extent relating to data security or the Processing of Personally Identifiable Information, including the Data Protection Program.

  • Cookie Law means the relevant parts of the Privacy and Electronic

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

  • Insider Trading Regulations means the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time.

  • Company Governing Documents means the Company Bylaws and the Company Certificate.

  • Investment Policies has the meaning assigned to such term in Section 3.11(c).

  • Environmental Guidelines means the environmental guidelines and occupational health and safety standards of the World Bank Group as in effect on [Bid Date].

  • Clawback Policy is defined in Section 14.

  • Insider means any person who is:

  • Policies and Procedures means the written policies and procedures of the Client in any way related to the Services, including any such policies and procedures contained in the Organic Documents and the Offering Documents.