Examples of Statutory Successor in a sentence
In the event of the insolvency of the Reassured, the amounts due to the Reassured under this Contract shall be payable by the Reinsurers directly to the Reassured or to its Liquidator, Receiver or Statutory Successor.
During the pendency of such claim the Reinsurers may investigate such claim and intervene, at their own expense, in the proceedings where such claim is to be adjudicated and interpose any defense or defenses which they may deem available to the Reassured or its Liquidator or Receiver or Statutory Successor.
In the event of the insolvency of the Reassured, the Liquidator or Receiver or Statutory Successor of the Reassured shall give written notice to the Reinsurers of the pendency of any claim against the insolvent Reassured on the original policies reinsured hereunder within a reasonable time after such claim is filed in the insolvency proceedings.
During the pendency of such claim the Reinsurers may investigate such claim and intervene, at their own expense, in the proceedings where such claim is to be adjudicated and interpose any defense or defenses which they may deem available to the Reassured or its Liquidator or Receiver or Conservator or Statutory Successor.
BREACH OF CONTRACT6.1. The claimant clarified that he was claiming that he was contractually entitled to PIN 40 payments.
The Retainer Agreement provides, in pertinent part, as follows:The undersigned client does hereby retain the law firm of BOYER & DAWSON P.C. to represent him/her in a domestic relations action.It is agreed and understood that the attorney fees shall be charged at therate of:$275.00 per hour David R.
In the event of the insolvency of the Reassured, the amounts due to the Reassured under this Contract shall be payable by the Reinsurers directly to the Reassured or to its Liquidator, Receiver or Conservator or Statutory Successor.
The Trust Deed contains provisions under which a (i) Statutory Successor, (ii) a Subsidiary of the Issuer or (iii) a Subsidiary of a Statutory Successor may, without the consent of the Noteholders or Couponholders, assume the obligations of the Issuer as principal debtor under the Trust Deed and the Notes provided that certain conditions specified in the Trust Deed are fulfilled.
During the pendency of such claim the Reinsurers may investigate such claim and intervene, at their own expense, in the proceedings where such a claim is to be adjudicated and interpose any defence or defences which they may deem available to the Reassured or its Liquidator or Receiver or Statutory Successor.
In the event of the insolvency of the Reassured, the amounts due to the Reassured under this Agreement shall be payable by the Reinsurers directly to the Reassured or to its Liquidator, Receiver or Statutory Successor.