Subject Business definition

Subject Business means the policy or policies that are
Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.
Subject Business means the business of creating, financing, acquiring, investing in and managing precious metals royalties, precious metals streams and similar interests involving mineral properties.

Examples of Subject Business in a sentence

  • Section 3.01 Effective as of the Agreement Effective Date, the Company obligates itself to cede to the Reinsurer, and the Reinsurer obligates itself to accept, 100% of (a) the Company’s gross liability with respect to Losses and Loss Expenses for which the date of loss is on or after the Agreement Effective Date under all Policies in respect of the Section A Subject Business and (b) the Company’s gross liability under all Policies in respect of the Section B Subject Business.

  • Section 3.03 The liability of the Reinsurer in respect of Losses occurring under the Subject Business hereunder shall commence obligatorily and simultaneously with that of the Company as soon as the Company becomes liable under a Policy comprising the Subject Business, and the premium on account of such liability shall be credited to the Reinsurer from the original date of the Company’s liability.

  • Likewise, the Company or its duly appointed representatives shall have free access at any and all reasonable times to such books and records of the Reinsurer and/or the General Agent, its departmental or branch offices as shall reflect premium and Loss transactions of the Company and/or the Subject Business, for the purpose of obtaining any and all information concerning this Agreement or the subject matter hereof.

  • The Reinsurer further agrees that it shall make directly (or, as applicable, direct the General Agent to make) to the applicable parties any payments, arising out of or relating in any way to its obligations and liabilities arising from this Agreement and/or the Subject Business (as hereinafter defined), so that the Company shall not be required to make any such payments and then seek reimbursement from the Reinsurer.

  • Section 2.02 Subject to Section 15.04(d) hereof, the maximum policy limits for Policies comprising the Section B Subject Business shall be as set forth in the Binding Authority, as may be amended from time to time in accordance with the terms of the General Agency Agreement.


More Definitions of Subject Business

Subject Business has the meaning set forth in the preamble.
Subject Business means the design, manufacture, marketing, installation, servicing or support of satellite communications hardware or software, satellite communications capacity or bandwidth, satellite earth terminals, system management software, bandwidth optimization software, and related goods and services. The Employee acknowledges and agrees that, given the nature of DataPath's business, the restrictions set forth in this Agreement are necessary and reasonable in terms of the activities restrained, as well as the geographic and temporal scope of such restrictions. The Employee further acknowledges and agrees that if any of the provisions in this Agreement shall ever be deemed to exceed the time, activity, geographic, or other limitations permitted by applicable law, then such provisions shall be and hereby are reformed to the maximum time, activity, geographic, or other limitations permitted by applicable law.
Subject Business has the meaning set forth in the recitals above.
Subject Business means the creation and management of accounts or pooled investment vehicles; provided, however, that the Permitted Caravelle Activities shall not be a Subject Business.
Subject Business means the policy or policies
Subject Business means (i) in the case of Occidental, the "Contributed Business" as defined in the Occidental Contribution Agreement, including the Contributed Assets and the Assumed Liabilities related thereto; (ii) in the case of each of Lyondell and Millennium, their respective "Contributed Businesses" as defined in their respective Asset Contribution Agreements dated December 1, 1997; and (iii) in the case of the Partnership, the business of the Partnership, which consists substantially of the Subject Business of Lyondell and Millennium.
Subject Business means the Reinsured Policies; provided, that “Subject Business” shall not include Claims arising out of the Reinsured Policies with dates of loss on or after January 1, 2020 (it being agreed and understood in the case of any continuous trigger losses, the date of loss shall be the inception date of the Reinsured Policy; provided, that with respect to any Reinsured Policy in force on January 1, 2020, such continuous trigger losses shall be shared proportionately between Aspen and the Reinsurer based on their respective time at risk).