Transferring Liabilities definition

Transferring Liabilities means the Transferring Liabilities as defined in the Bulk Transfer Deed.

Transferring Liabilities means the Liabilities of the Transferor arising in connection with the Transferring Business, to the extent they arise before, or to the extent they relate to a period prior to, the Relevant Date, and whether or not situated in, or governed by the laws of, England and Wales, Scotland or Northern Ireland, including all Liabilities arising under, or in connection with, the Transferring Arrangements and Replicated Arrangements, but excluding the Excluded Liabilities;

Transferring Liabilities means all risks, obligations and liabilities of the Transferor on the Scheme Effective Date to the extent arising out of or relating to the Transferring Policies and the Transferring Business but excluding the Residual Liabilities; and

Examples of Transferring Liabilities in a sentence

• On and with effect from the Effective Date, the Transferring Liabilities shall, by the Order and without any further act or instrument, be transferred to and become liabilities of the Transferee and shall cease to be liabilities of the Transferor.

• In the event that a subsidiary or affiliate certificate holder seeks to post a separate security covering its self insured liabilities only, a separate individual Certificate of Consent to Self Insure covering its period of self insurance shall be issued to that self insured employer and liabilities shall be transferred to a separate Certificate of Consent to Self Insure through an Order Amending and Transferring Liabilities.

• It is proposed that the Transferring Business, including all of the Transferring Policies, the Transferring Assets, the Transferring Liabilities, the Residual Assets and the Residual Liabilities, shall, in accordance with the UK Scheme, be transferred to the Transferee, and that the UK Order be made accordingly for the sanction of the UK Scheme under section 111(1) of the Act.

• On and with effect from the Scheme Effective Date, the Italian Med-mal Transferring Liabilities shall, by the Order and without any further act or instrument, be transferred to and become liabilities of the Transferee and shall cease to be liabilities of the Transferor.

• On and with effect from the Scheme Effective Date, the Transferring Liabilities shall, by the Order and without any further act or instrument, be transferred to and become liabilities of the Transferee and shall cease to be liabilities of the Transferor.

More Definitions of Transferring Liabilities

Transferring Liabilities means all:

Transferring Liabilities means the Development Liabilities and the O&M Liabilities.

Transferring Liabilities means all liabilities whatsoever (whether present or future, actual or contingent) of FACL (other than to the extent discharged prior to the Transfer Date) arising in connection with or in relation to the carrying on of the Transferring Business including (for the avoidance of doubt) all obligations and liabilities of FACL under the Transferring Contracts and the Reinsurance Contracts and any liabilities or obligations of FACL which remain outstanding at the Transfer Date or may thereafter arise and relate to, or arose during, any period prior to the Transfer Date, but excluding the Residual Liabilities and liabilities under, or relating to, the Retained Insurances; and

Transferring Liabilities means all Liabilities of the Transferor of every kind and description (whether present or future, actual or contingent, lapsed, expired or reinstated) comprised in or attributable to the Transferring Policies and/or the Transferring Assets, including Liabilities in respect of the Provider Contract Indemnities and Liabilities in respect of any claim for Mis-selling by any current or former Policyholder who holds a Transferring Policy or has held a Transferring Policy prior to the Effective Date, excluding the Excluded Liabilities;

Transferring Liabilities means the Liabilities of the UK Branch, and until the relevant Subsequent Transfer Date of each Residual Liability, the Residual Liabilities;

Transferring Liabilities means all liabilities of CLICL as at the Effective Date attributable to the CLICL Business including all liabilities and any current or pending complaints, legal proceedings or other dispute resolution proceedings under or in relation to Transferring Policies (including all liabilities to pay Unit- Linked Benefits in relation to Class C Policies), the Transferring Assets and the CLICL Business, and all associated liabilities, including tax liabilities, attributable to CLICL amounts due to affiliates, fines, penalties, damages and compensation due to policyholders of CLICL for non-compliance or mis-selling by CLICL, any liabilities or obligations of CLICL under any Reinsurance Agreements, Agency Agreements, Broker Contracts and Business Contracts and liabilities in connection with Proceedings;

Transferring Liabilities means the Liabilities of Seller included in Assumed Liabilities and listed by line item on Exhibit D under the heading “Transferring Liabilities” and which shall include any Liabilities arising under the Assumed Contracts prior to the Effective Time that are not past due.