Life Policies definition

Life Policies set forth in Annex I of the Credit Agreement is hereby amended and restated in its entirety as follows:
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Life Policies means collectively (a) the Borrower’s life insurance policies maintained on the life of each of Xxxxx Xxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxx Xxxxxxxx, Xxx Xxxxxx, Xxxxx Xxxxxx, Xxxx Xxxx, Xxxx Xxxxxxxxxx, Xxxx Xxxxxxxxxxx and Xxxxx Xxxxxxx, (b) any other life insurance policy of the Borrower maintained on the life of an officer of the Borrower and (c) and any life insurance policy maintained on the life of an officer of the Borrower held in trust acceptable to the Administrative Agent in its sole discretion and subject to collateral assignment documentation in form and substance satisfactory to the Administrative Agent in its sole discretion.”
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Life Policies means any policy of life insurance, endowment policy and/or term assurance over which a Borrower has granted (whether by way of assignment or deposit) a (legal or equitable) charge (if any) by way of collateral security for the payment of moneys secured by the relevant Mortgage;
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Examples of Life Policies in a sentence

  • It also contains additional detailed disclosure requirements in respect of Life Policies and Family Takaful Policies.

  • A student at Thomas More University, is expected to understand and know the policies and procedures as outlined in the Saints Community Standards as well as the Sexual Misconduct Policy and if living in the residence halls, the Residence Life Policies and Procedures.

  • To replace an ESA, the Owner must notify the DRC of the new animal.Violations of these rules occurring after an ESA is approved will be reviewed and processed consistent with the applicable Housing and Residence Life Policies subsection(s).Residents found to be engaging in Disruptive Behaviors may be required to meet with area Professional Staff to discuss the disruptive behaviors in an effort to improve the enjoyment of the community by all parties involved.

  • Calculation of Minimum Valuation Standard for Policies with Guaranteed Nonlevel Gross Premiums or Guaranteed Nonlevel Benefits (Other than Universal Life Policies).

  • Each Resident will be responsible for knowing and following all Residence Life Policies and Procedures, Rules and Regulations, and the Student Code of Conduct in the Arkansas Tech University Student Handbook located here.

  • The student indicates acceptance of the terms and conditions of this Agreement and agreement to follow the Residential Life Policies and Rules via the student’s electronic signature.

  • Due process is based on Student Life Policies and administrative procedures.

  • This Agreement, the Housing and Meal Plan Cancellation Policy, and the Housing and Residence Life Policies and Procedures Handbook represent the entire agreement between the parties and no oral promises between the University and the resident are binding.

  • Student agrees to be bound by the search and entry procedures of the University as they now exist or as they may be hereafter amended during the term of this Contract, as set forth in the EWU Student Conduct Code, Housing and Residential Life Policies, University policies, and state and federal law.

  • The routing number and savings account number must be added to the EFT form.For all Life Policies, the draft date must be equal to the effective date of the policy.


More Definitions of Life Policies

Life Policies means the keyman life assurance policies insuring the lives of Walter Nimmo, Ian Sword and Stewart Leslie for minimum amxxxxx xx (xxunx)0,000,000, (xxxxx)000,000 and (pound)250,000 respectively for a term of not less than 5 years in the cases of Messrs Nimmo and Leslie and not less than 3 years in the case of Mr Xword xxx xxherwise in terms acceptable to the Investors;
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Life Policies means any policies of life insurance or assurance in which the Company may now or at any time hereafter have an interest, including any specified in part 1 of schedule 5;
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Life Policies and “Policies” are added to the definitions in Section 1.1 of the Sales Agreement and shall mean Contracts which are life insurance policies.
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Life Policies means collectively (a) the Borrower’s life insurance policies maintained on the life of each of Xxxxx Xxxx, Xxxxxx Xxxxx, Xxxx Xxxxxxxxxx, Xxxxxxx Xxxxx, Xxxxx Xxxxxxxx, Xxx Xxxxxx, Xxxxx Xxxxxx, Xxxx Xxxx, Xxxx Xxxxxxxxxx, Xxxx Xxxxxxxxxxx and Xxxxx Xxxxxxx, (b) any other life insurance policy of the Borrower maintained on the life of an officer of the Borrower and (c) and any life insurance policy maintained on the life of an officer of the Borrower held in trust acceptable to the Administrative Agent in its sole discretion and subject to collateral assignment documentation in form and substance satisfactory to the Administrative Agent in its sole discretion.
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Related to Life Policies

  • life policy means a contract in terms of which a person, in return for a premium, undertakes to -

  • D&O Policies has the meaning set forth in Section 8.06.

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Applicable Policies means the policies, bylaws, directives, regulations, guidelines, codes of conduct, rules, systems and procedures of AHS listed in Schedule “F” attached.

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Mortgage Policies has the meaning specified in Section 6.13(b)(ii).

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

  • Policies shall have the meaning specified in Section 6.1(b) hereof.

  • Servicer Policies and Practices means, with respect to the Servicer’s duties under Exhibit A to the Servicing Agreement, the policies and practices of the Servicer applicable to such duties that the Servicer follows with respect to comparable assets that it services for itself and, if applicable, others.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Claims Made Policies has the meaning set forth in Section 5.01(b).

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • City Policies means any or all (as the context requires) of those procedures, standards and/or standard specifications, requirements, policies and the like listed in Schedule H or notified to the Supplier from time to time, as the same may be updated, modified, expanded, revised, supplemented and/or replaced from time to time by the City (as notified to the Supplier);

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Title Policies has the meaning set forth in Section 6.17.