Pre-Closing Insurance Contracts definition

Pre-Closing Insurance Contracts means any whole life insurance policy issued by the Seller or any of its Affiliates as of the date of the Purchase Agreement to customers of the Business prior to the Closing.
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Pre-Closing Insurance Contracts means the insurance policies and Contracts, in each case, including all amendments, binders, slips, certificates, endorsements and riders in connection therewith, written, issued, entered into, acquired or assumed (by reinsurance or otherwise) by the Company or, with respect to the Business, Seller or its Affiliates (other than the Company) at or prior to the Closing, other than such policies, Contracts, amendments, binders, slips, certificates, endorsements and riders relating to the Excluded Business.
Sample 1

Examples of Pre-Closing Insurance Contracts in a sentence

  • For the avoidance of doubt, nothing in this provision shall be construed to imply that Buyer has any policy-related servicing obligations to owners of the Pre-Closing Insurance Contracts.

  • The Pre-Closing Insurance Contracts are, and since January 1, 2012 have been, to the extent required by Applicable Law and applicable Permits, issued and administered, in all material respects, in accordance with rates and rating plans approved by all applicable Governmental Entities or filed and not objected to by such Governmental Entities within the period provided for objection.

  • The Actuarial Reports contain a complete and accurate in all material respects inventory of in force Pre-Closing Insurance Contracts that were issued, reinsured or assumed by the Company at the time of preparation; provided that no representation or warranty is made with respect to projections of future economic events, future expenses, new business production levels or future management actions.

Related to Pre-Closing Insurance Contracts

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • Cash Value Insurance Contract means an Insurance Contract (other than an indemnity reinsurance contract between two insurance companies) that has a Cash Value greater than $50,000.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Purchaser Plans shall have the meaning set forth in Section 6.6(a)(v).

  • Seller Plans has the meaning set forth in Section 3.13(a).

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Buyer Plans has the meaning set forth in Section 6.02(b).

  • Insurance Consultant or "consultant" means a person who:

  • Insured Contract means any written:

  • Franchise insurance means an individual insurance policy provided through a

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Insurance carrier means every insurance carrier duly

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Pre-Closing Tax Periods means any and all Tax periods that end on or before the Closing Date and the portion of any Straddle Period ending at the end of day on which the Closing occurs.

  • Existing insurer means the insurance company whose policy or contract is or will be changed or affected in a manner described within the definition of “replacement.”

  • Company Insurance Policies has the meaning set forth in Section 3.14.

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.