ACCEPTANCE OF ASSURANCE Sample Clauses

ACCEPTANCE OF ASSURANCE. The Company will accept the assurance of an Eligible Member as a Member of the Scheme from his Normal Entry Date subject to any Evidence of Insurability that the Company may require. Subsequent increases in the amount of a Member’s benefit will also be subject to acceptance by the Company.

Related to ACCEPTANCE OF ASSURANCE

  • Acceptance of Assignments by Administrative Agent Upon its receipt of a duly completed Assignment and Assumption executed by an assigning Lender and an assignee, the assignee’s completed Administrative Questionnaire (unless the assignee shall already be a Lender hereunder), the processing and recordation fee referred to in paragraph (b) of this Section and any written consent to such assignment required by paragraph (b) of this Section, the Administrative Agent shall accept such Assignment and Assumption and record the information contained therein in the Register. No assignment shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph.