Policy Assignment definition

Policy Assignment means the Assignment of Life Insurance Policy as Collateral, in substantially the form of Exhibit C hereto, duly executed by Borrower to Bank to secure the Obligations, including any amendment or modification thereof.
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Policy Assignment has the meaning set forth in Section 2.3(c). “Policy Information Sheet” has the meaning set forth in Section 2.1(a).
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Policy Assignment means an assignment by MGP of its rights and interests in the Insurance Policy to MF Global (or an Affiliate of MF Global);
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Examples of Policy Assignment in a sentence

  • We will not unreasonably withhold Our consent to a Policy Assignment.

  • You will provide Us with at least thirty (30) days’ prior notice of any Change in Control due to merger, sale, or other transaction, and will provide Us with notice of any other Policy Assignment immediately upon Your receipt of notice thereof.

  • For Driver’s with subscription agreements longer than 12 months, Drover will contact the Driver prior to the termination of the Policy Assignment to advise renewal insurance cover, including any change in premiums.

  • During the Agreement Term, a Person will be deemed to be a “Protected Customer” at any time that it is covered under a Covered Policy, unless We have withheld Our consent to a Policy Assignment of the Covered Policy pursuant to Section 6.3. After the Agreement Term, a Person will be deemed to be a “Protected Customer” if it was a Protected Customer on the effective date of termination, or became covered under a Covered Policy pursuant to Section 4.3(c).

  • We will not transfer the right to commission payments until the date that the Policy Assignment is complete, as evidenced by documentation that We reasonably request.

  • We may withhold consent to any Policy Assignment on a policy- level basis.

  • From the date of this Agreement until 60 days following the Closing Date, Seller shall use commercially reasonable efforts to deliver to Buyer the Environmental Policy Assignment Agreement, duly executed by all of the parties thereto, as promptly as practicable after the date hereof.

  • If the consent of the carrier is required and obtained, Seller and Guardion shall execute and deliver the RWI Policy Assignment in a form reasonably satisfactory to Buyer assigning the RWI Policy to Buyer or the Company, as applicable, pursuant to the assignment provisions of the RWI Policy, along with all contractual documents under which coverage was issued.

  • Without limiting the foregoing, as a condition to Our consent, the transferee of any Policy Assignment will enter into Our standard agency or agent agreement.

  • Any such notice will be accompanied by all documentation required by AmCap Affiliate guidelines, and at a minimum will identify each Covered Policy that is or would be affected by the Policy Assignment.


More Definitions of Policy Assignment

Policy Assignment means the assignment dated on or around the Commencement Date in favour of Barclays of all and any of the Company's rights, interest and benefit arising under or in connection with the Policy and/or the noting of Barclays as sole loss payee under the Policy.
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Related to Policy Assignment

  • Charterparty Assignment means, in relation to each Ship, an assignment of the rights of the Owner of that Ship under any charterparty or other contract of employment referred to in Clause 14.16 executed or to be executed by the relevant Owner in favour of the Security Trustee, in each case, in such form as the Lenders may approve or require and, in the plural, means all of them;

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Hermes Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Hermes Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 33 of Schedule 4;

  • Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

  • General Assignment means, in relation to a Ship, a general assignment of (inter alia) the Earnings, the Insurances and any Requisition Compensation relative to that Ship in the Agreed Form and, in the plural, means all of them;