Examples of Other Assumed Liabilities in a sentence
To the extent that a court of competent jurisdiction or Governmental Entity determines that the foregoing transfer and conveyance of Policy-Related Assets is not effective to vest absolute and irrevocable title in such Policy-Related Assets in Reinsurer, then Ceding Company hereby grants to Reinsurer a first priority security interest in such Policy-Related Assets to secure payment and performance of the Policy Liabilities and the Other Assumed Liabilities.
Reinsurer will not accept any liabilities of Ceding Company under this Agreement other than the Policy Liabilities and the Other Assumed Liabilities.
At and after the Effective Time, Reinsurer will have the responsibility for performing or paying all Other Assumed Liabilities.
We manipulated audit-program focus at two levels (plan-focused vs.
The Purchaser hereby assumes and agrees to pay, perform and discharge when due the Other Assumed Liabilities.