Receivership court definition

Receivership court means the court in the insolvent or impaired insurer's state having jurisdiction over the conservation, rehabilitation, or liquidation of the member insurer.

Receivership court means the court in the insolvent or impaired insurer's state

Receivership court means the court in the insolvent or

Examples of Receivership court in a sentence

• The parties shall have obtained from the Receivership Court both an Order of Liquidation and a Final Order Approving this Agreement and all of the provisions herein, which orders may, but need not, be combined in a single order.

• The forms of the Assumption Certificates and other documentation describing the Contract restructuring, the transfer to and assumption by NEWCO, and the benefit enhancements provided under this Agreement shall be submitted to the Receivership Court as an integral and indispensible part of this Agreement, and approval of this Agreement shall constitute approval of all such submitted documentation.

• Such indebtedness, to the extent it remains unpaid and unfunded, shall only be discharged pursuant to any future order of the Receivership Court discharging the Receiver and closing the ELNY Estate.

• The Receiver has all requisite power, authority and legal right necessary to execute and deliver this Agreement and each of the other Definitive Agreements to which it is or will be a party and, subject to the entry of the Final Order Approving this Agreement and approval of the Receivership Court, to perform and carry out the transactions contemplated hereby pursuant to the terms and conditions hereof.

• The Purchaser submits to the personal jurisdiction of the Receivership Court.

More Definitions of Receivership court

Receivership court means the court in the insolvent or impaired

Receivership court means a court in an insolvent or impaired insurer’s state having jurisdiction over the conservation, rehabilitation, or liquidation of the insurer.

Receivership court means the court in the

Receivership court means the court in the insolvent insurer’s or impaired insurer’s state having jurisdiction over the conservation, rehabilitation, or liquidation of the insurer.

Receivership court means the court in an impaired or

Receivership court means the court in the insolvent or impaired insurer's state having jurisdiction

Receivership court means the court in the insolvent or impaired insurer's state that has jurisdiction over the supervision, rehabilitation, or liquidation of the insurer.