CONVERSION POLICIES Sample Clauses

The Conversion Policies clause outlines the rules and procedures for converting one type of security or financial instrument into another, such as converting preferred shares into common stock. It typically specifies the conversion ratio, timing, and any conditions or limitations that apply to the conversion process. This clause ensures that all parties understand how and when conversions can occur, providing clarity and predictability in financial transactions and protecting the interests of both issuers and holders.
CONVERSION POLICIES. If the Eligible Benefits provided under this Policy shall have been converted from an existing coverage of an ‘Inner Limits’ to an ‘As Charged/Full Reimbursement’ coverage, and if such Insured shall have been afflicted with a Disability prior or at the time the Benefits were converted the benefits payable in respect of the Disability shall be in accordance with the Schedule of Benefits prior to the date the Eligible Benefits were converted.
CONVERSION POLICIES. The parties agree to use commercially reasonable efforts to obtain within twenty-four (24) months after the Second Closing all approvals from Governmental Authorities necessary to permit PAL to amend, if necessary, the Contracts identified on Schedule 5.12 (the "SPECIAL 94 102 CONTRACTS") in such a manner that neither PHLMIC nor any of its Affiliates (other than PAL) is required to issue any conversion policies to any Person whose group coverage is terminating. Promptly upon the receipt of any such approvals relating to a Special Contract, GEFA shall cause PAL to so amend such Special Contract, if necessary. PMH and PGH shall cause PHLMIC and its Affiliates to issue conversion policies to any Person who is covered by a Special Contract and whose group coverage is terminating, which conversion policy shall be issued in accordance with the terms and conditions of such Special Contract on the same economic basis as current practice, until such time as such Special Contract is amended as contemplated by this Section 5.12.
CONVERSION POLICIES. If the Eligible Benefits provided under this Policy shall have been converted from an existing coverage of an ‘Inner Limits’ to an ‘As Charged/Full Reimbursement’ coverage, and if such Insured Person shall have been afflicted with a Disability prior or at the time the Benefits were converted the benefits payable in respect of the Disability shall be in accordance with the Schedule of Benefits prior to the date the Eligible Benefits were converted. No benefit whatsoever shall be payable for any medical treatment received by the Insured Person outside Malaysia, if the Insured Person resides or travels outside Malaysia for more than ninety (90) consecutive days. All certificates, information, medical reports and evidence as required by the Company shall be furnished at the expense of the Insured Person, and in such a form that the Company may require. In any event all notices which the Company shall require the Policyholder to give must be in writing and addressed to the Company. An Insured Person shall, at the Company’s request and expense, submit to a medical examination whenever such is deemed necessary.

Related to CONVERSION POLICIES

  • Cancellation Policy In the event that you must cancel your reservation, please be aware that cancellations must be in writing and must occur at least 60 days prior to arrival date. If cancellation occurs 60 days or more prior to arrival date all monies will be refunded with the exception of a $250.00 administrative fee. GUESTS THAT DO NOT CANCEL MORE THAN 60 DAYS PRIOR TO THE CHECK IN DATE WILL BE CHARGED THE

  • Admission Policy The Academy shall comply with all admissions policies and criteria required by laws applicable to public school academies under the Code. The Academy must make a reasonable effort to advertise its enrollment openings. Open enrollment must be for a period of at least two (2) weeks and shall permit the enrollment of pupils by parents and/or guardians at times in the evening and weekends, and shall comply with all requirements of Applicable Law. Schedule 9.

  • Vacation Policy Executive shall be entitled to four weeks of paid vacation during each calendar year of the Term, which such vacation shall accrue in accordance with Company policy.

  • NO LEMON POLICY This Agreement provides that following the expiration of the term of the Covered Product’s manufacturer’s warranty, and subject to Our Limit of Liability, after three (3) service repairs have been completed for the Covered Product for the same problem, as determined in Our sole discretion, in lieu of performing a fourth (4th) repair on the Covered Product, We may replace it with a product of like kind or similar features, or issue a check to You in an amount not to exceed the remaining limit of liability as determined in accordance with the section titled “LIMIT OF LIABILITY.” If We replace the Covered Product, all Our obligations for the Covered Product under this Agreement terminate.

  • Competition Policy 1. The Parties recognize the importance of cooperation and technical assistance between their national competition authorities, including inter alia, the exchange of information and experiences, and the improvement of technical capacities in order to reinforce their competition policies. 2. In this sense, cooperation shall be conducted in accordance with their respective domestic laws and through their national competition authorities, who may sign a cooperation agreement.