Common use of Certificate of Assumption Clause in Contracts

Certificate of Assumption. As soon after the Effective Time as is practicable, the Converted Corporation shall send to the members of ▇▇▇▇▇▇ notice of the Conversion and the Converted Corporation’s assumption of each ▇▇▇▇▇▇ policy in the form of a Certificate of Assumption and Endorsement which shall be substantially the same as Exhibit E attached to and made a part of this Agreement.

Appears in 1 contract

Sources: Agreement and Plan of Conversion

Certificate of Assumption. As soon after the Effective Time as is practicable, the Converted Corporation shall send to the members of ▇▇▇▇▇▇ the Non-Continuing Corporation notice of the Conversion and the Converted Corporation’s assumption of each ▇▇▇▇▇▇ policy the Non-Continuing Corporation’s policies in the form of a Certificate of Assumption and Endorsement which shall be substantially the same as Exhibit E E-1 attached to and made a part of this Agreement.

Appears in 1 contract

Sources: Agreement and Plan of Conversion