Definition of Post-Closing Policies


Post-Closing Policies means the individual variable life insurance policies issued by ALIAC after the Effective Date pursuant to Article V of the Asset Purchase Agreement.

Examples of Post-Closing Policies in a sentence

Upon the occurrence of any Recapture Event, the Company may elect to recapture, subject to the terms and conditions set forth below all, but not less than all, of the Policies and the Post-Closing Policies ceded hereunder.
Each of the parties shall maintain the confidentiality of all information related to the Policies and Post-Closing Policies and all other information denominated as confidential by the other party provided to it in connection with this Agreement, and shall not disclose such information to any third parties without prior written consent of the other party, except as may be permitted by Sections 5.18 and 11.02 of the Asset Purchase Agreement.
This Agreement shall not continue or create any legal relationship whatsoever between the Reinsurer and Persons who own or are insured under the Policies and the Post-Closing Policies.
During the period from the Effective Date through the termination of the Transition Services Agreement with respect to each service provided by the Company thereunder, the Company has agreed to continue to provide certain Policyholder services for the Policies and the Post-Closing Policies.
This Agreement shall continue in force until such time that the Reinsurers liability with respect to all Policies and Post-Closing Policies reinsured hereunder is terminated pursuant to Section 12.2.