PRIAC definition
Examples of PRIAC in a sentence
Private Placement Trade Management PRIAC Administration Gateway Center Four, 7th Floor ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ All other notices and communications to be addressed as first provided above.
PRIAC and its applicable Affiliates have performed all of their material obligations under each Existing Reinsurance Agreement and Underlying Reinsurance Agreement in all material respects.
Seller has made available to Buyer complete copies of each of the PRIAC Excluded Contracts.
Neither PRIAC nor, to the Knowledge of Seller, any other party to any Existing Reinsurance Agreement is in material default or material breach or has failed to perform any material obligation under any such Existing Reinsurance Agreement and, to the Knowledge of Seller, there does not exist any event, condition or omission that would constitute such a material breach or material default (whether with the giving of notice, the passage of time or both).
PRIAC and its applicable Affiliates are not and, to the Knowledge of Seller, no other Person that is party to an Existing Reinsurance Agreement and Underlying Reinsurance Agreement, is in material default or material breach thereof, and, to the Knowledge of Seller, there does not exist any event, condition or omission that would constitute such a material breach or material default (whether by lapse of time or notice or both).
Section 3.27 of the Seller Disclosure Letter sets forth a true and complete listing of each PRIAC Excluded Contract in force as of the date hereof.
The portion of the assets of each Separate Account equal to the statutory reserves required to be held by PRIAC or PICA, as applicable, with respect to the Covered Insurance Policies associated with such Separate Account and other contract liabilities of such Separate Account is not chargeable with Liabilities arising out of any other business of Seller or any of its Affiliates may conduct or may have conducted.
The Acquired Companies (other than PRIAC and GPSI) have no Excluded Liabilities.
There are no PRIAC Excluded Insurance Policies which are not PRIAC Excluded Contracts.
Private Placement Trade Management PRIAC Administration Gateway Center Four, 7th Floor ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ All other notices and communications to be addressed as first provided above.