Examples of Specified Policies in a sentence
As a result of the Proposed Restructuring, the Merger Cos will hold, by operation of law, all of the assets, liabilities, and contracts associated with the Specified Policies.
At and after the Division Effective Time, the Specified Policies shall be considered Policies of the New Company, for purposes of the MPCGA Act in effect at the Division Effective Time, as a successor of the Dividing Company automatically, by operation of law.
The provisions, terms and conditions of the Specified Policies shall be unchanged by the Division except as expressly set forth in this Plan of Division.
At least 25 days before the Hearing date, Allstate will send a written notice to each policyholder for the Specified Policies (a “Policyholder”) and to each person with an outstanding personal injury claim under the Specified Policies (a “Claimant”), whose claim will become a claim of a Merger Co as a result of the Proposed Restructuring.
At and after the Merger Effective Time, the Specified Policies shall be considered Policies of the Merger Company, for purposes of the MPCGA Act in effect at the Merger Effective Time.