Renewal Contracts definition
Examples of Renewal Contracts in a sentence
The Company makes no representation or warranty concerning the likelihood that any Contracts that are in discussion for renewal (including the Listed Renewal Contracts) will be renewed.
Schedule 4.28 lists all Insurance Contracts and Subsidiary Insurance Contracts in force as of the date hereof that (a) are Guaranteed Renewal Contracts, (b) provide for the payment of policy dividends or (c) provide for experience rating.
The premium for such reinsurance shall be calculated by reasonably allocating the premium for all reinsurance obtained by the Purchaser for the coverage period of the Renewal Contracts between the premium received by the Purchaser for the portion of the Renewal Contracts on which the Seller Parties are to receive Renewal Commissions and the premium received by the Purchaser on any and all other business underwritten by the Purchaser protected by such third party reinsurance.
New and Renewal Contracts In Schools/Colleges with full-time academic programs that are structured to include required coursework that is offered only during spring-summer semester as part of the core curriculum, mandatory spring-summer within-load assignments may be made for the period April 1 through December 31 or January 1 to August 30 to faculty members with nine (9)-month appointments.
Notwithstanding the foregoing, Seller, FGWLA and CLAC shall continue to renew the Guaranteed Renewal Contracts for as long as is required pursuant to the terms of such contracts or applicable Law.
Notwithstanding any other provision of this Agreement to the contrary, and without acknowledgement by either party as to the effect in general of Contract nonrenewals in the determination of whether a Material Adverse Effect has occurred, the parties acknowledge that the termination, nonrenewal or modification of any of the Listed Renewal Contracts shall not, in and of itself, be deemed to constitute a Material Adverse Effect for purposes of this Agreement.
The Order Contract, this Agreement and any attachments or exhibits herewith, and any properly executed subsequent Add-on Contracts, addenda, amendments, extensions, Renewal Contracts or other mutual agreements described or anticipated herein constitute the entire, complete and exclusive agreement between the Parties with respect to the subject matter hereof and supersede any prior or concurrent agreements between the Parties with respect to such subject matter, whether in written or oral form.
The Order Contract may also be amended by subsequent addenda, amendments, Add-on Order Contracts, Renewal Contracts or other agreement(s) signed by both parties.
If any Renewal Contracts fail to meet the Renewal Contract Requirements on the Renewal Contract Review Date solely as a result of any Purchaser Action (and the rationale for such renewal failure is sufficiently documented by the Seller to the reasonable satisfaction of the Purchaser), such Renewal Contract shall be removed from Schedule 2.2(a)(ii) but included in the calculations set forth below so as to avoid unfairly reducing payments made to Seller.
In addition, the Administrator shall indicate any material changes in the reserve methodology used by the Administrator in calculating statutory reserves for the Insurance/HMO Contracts and the Renewal Contracts; 12 This provision is found only in the Administrative Services Agreement of Health Net of New York, Inc.