Linked Policies definition
Examples of Linked Policies in a sentence
The assets of a Sub-Fund shall at its initial creation be constituted out of the Contributions paid in respect of an allocation of Contribution Units under the Unit Linked Policies (or, where relevant, out of the seed investments made in connection with the Sub-Fund) at a price per Contribution Unit, expressed in the currency in which such Contribution Unit is denominated, which shall be offered on the initial Dealing Day as determined by MPF.
For the avoidance of doubt, it is further agreed that the express provisions of this Contract shall prevail over any provisions incorporated from the Linked Policies where such provisions are incompatible with each other.
Except as otherwise provided herein at paragraphs a) to h) below, this Contract is subject to the same basis of settlement, warranties, terms and conditions, definitions, extensions and other provisions as the Linked Policies, and it is agreed that those provisions are expressly incorporated from the Linked Policies into this Contract.