Conversions, Replacements and Exchanges Sample Clauses

Conversions, Replacements and Exchanges. Any plan offered by the Company and available to the insured at time of replacement or exchange.
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Conversions, Replacements and Exchanges. (i) For purposes of the Reinsurance Agreement and this Amendment No. 3, all conversions, exchanges and replacements of the Reinsured Policies and the Third Amendment Additional Policies shall be coinsured by the Reinsurer on a 100% quota share basis. For the avoidance of doubt, the provisions of Section 2.4 of the Reinsurance Agreement with respect to Other Reinsurance shall apply to such conversions, replacements and exchanges. (ii) For purposes of Amendment No. 2, all conversions, exchanges and replacements of the Second Amendment Additional Policies (as such term is defined in Amendment No. 2) shall be coinsured by the Reinsurer on a 100% quota share basis net of the Excluded Share as specified in Amendment No. 2. For the avoidance of doubt, the provisions of Section 2.4 of the Reinsurance Agreement with respect to Other Reinsurance shall apply to such conversions, replacements and exchanges. For purposes of Amendment No. 2, the term “Excluded Share” (as defined therein) shall be deemed to include (x) any Excluded Share specified in Annex A-1 thereto and (y) any policy ceded to Raven Re as a conversion, exchange or replacement of a Reinsured Policy or a Second Amendment Additional Policy. For the avoidance of doubt, the Excluded Share with respect to the Second Amendment Additional Policies shall be ceded to the Reinsurer pursuant to this Amendment No. 3, subject to the occurrence of the Third Amendment Closing Date.
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Conversions, Replacements and Exchanges. Any plan offered by the Company and available to the insured at time of conversion, replacement or exchange. (Effective October 9, 2017) IT IS HEREBY AGREED by and between the Company and the Reinsurer, that effective April 3, 2017 (the "Effective Date"), this Agreement is hereby amended to reflect the addition of the Milestone VUL-G product under the existing terms of this Agreement. THEREFORE, as of the Effective Date, Exhibit B and Exhibit E are hereby replaced in their entirety with the attached Exhibit 8-Amended and Exhibit E-Amended. This Agreement may be executed simultaneously in any number of counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. In witness whereof, the Parties to this Agreement have executed this Agreement in duplicate. SYMETRA LIFE INSURANCE COMPANY By: HANNOVER LIFE REASSURANCE COMPANY OF AMERICA By: (Effective April 3, 2017) Policy plans, riders and benefits issued on plans shown below may qualify for automatic reinsurance under the terms of this Agreement.
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Conversions, Replacements and Exchanges. Any plan offered by the Company and available to the insured at time of conversion, replacement or exchange. [CERTAIN PORTIONS OF THIS EXHIBIT CONTAIN CONFIDENTIAL INFORMATION. THE CONFIDENTIAL PORTIONS OF THIS EXHIBIT ARE IDENTIFIED AS [REDACTED] AND HAVE BEEN OMITTED.] Amendment No.2 Number HA3503/SYMT02 West Des Moines, Iowa (the "Company") HANNOVER LIFE REASSURANCE COMPANY OF AMERICA Orlando, Florida (the "Reinsurer") IT IS HEREBY AGREED by and between the Company and the Reinsurer, that effective May 1, 2015 (the "Effective Date"), this Agreement is hereby amended to clearly express the manner in which First Year reinsurance premiums for Survivorship policies with Temporary Flat Extras, as described in Exhibit E.1, are calculated. THEREFORE, as of the Effective Date, Exhibit E is hereby replaced in its entirety by the attached Exhibit E Amended. This Agreement may be executed simultaneously in any number of counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. In witness whereof, the Parties to this Agreement have executed this Agreement in duplicate. SYMETRA LIFE INSURANCE COMPANY By: HANNOVER LIFE REASSURANCE COMPANY OF AMERICA By effective April 1, 2017 Number HA3503/SYMT-02 to West Des Moines, Iowa (the "Company") IT IS HEREBY AGREED by and between the Company and the Reinsurer, that effective April 1, 2017 (the "Effective Date"), this Agreement is hereby amended to increase the Company's Retention Limits.
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Conversions, Replacements and Exchanges. Any plan offered by the Company and available to the insured at time of replacement or exchange. There are currently no conversion options available on the products and riders covered by this Agreement.
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Related to Conversions, Replacements and Exchanges

  • NOTATIONS AND EXCHANGES If any amendment, supplement or waiver changes the terms of a Note, then the Trustee or the Company may, in its discretion, require the Holder of such Note to deliver such Note to the Trustee so that the Trustee may place an appropriate notation prepared by the Company on such Note and return such Note to such Holder. Alternatively, at its discretion, the Company may, in exchange for such Note, issue, execute and deliver, and the Trustee will authenticate, in each case in accordance with Section 2.02, a new Note that reflects the changed terms. The failure to make any appropriate notation or issue a new Note pursuant to this Section 8.05 will not impair or affect the validity of such amendment, supplement or waiver.

  • Transfers and Exchanges The Warrant Agent shall transfer, from time to time, any outstanding Warrants upon the books to be maintained by the Warrant Agent for that purpose, upon surrender thereof for transfer properly endorsed or accompanied by appropriate instructions for transfer. Upon any such transfer, a new Warrant shall be issued to the transferee and the surrendered Warrant shall be cancelled by the Warrant Agent. Warrants so cancelled shall be delivered by the Warrant Agent to the Company from time to time upon request. Warrants may be exchanged at the option of the holder thereof, when surrendered at the office of the Warrant Agent, for another Warrant, or other Warrants of different denominations of like tenor and representing in the aggregate the right to purchase a like number of shares of Common Stock.

  • Denominations; Transfers and Exchanges All Notes will be in registered form, without coupons, in principal amounts equal to any Authorized Denominations. Subject to the terms of the Indenture, the Holder of this Note may transfer or exchange this Note by presenting it to the Registrar and delivering any required documentation or other materials.

  • Transfer and Exchange of Global Notes A Global Note may not be transferred except as a whole by the Depositary to a nominee of the Depositary, by a nominee of the Depositary to the Depositary or to another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or a nominee of such successor Depositary. All Global Notes will be exchanged by the Company for Definitive Notes if: (1) the Company delivers to the Trustee notice from the Depositary that it is unwilling or unable to continue to act as Depositary or that it is no longer a clearing agency registered under the Exchange Act and, in either case, a successor Depositary is not appointed by the Company within 120 days after the date of such notice from the Depositary; (2) the Company in its sole discretion determines that the Global Notes (in whole but not in part) should be exchanged for Definitive Notes and delivers a written notice to such effect to the Trustee; or (3) there has occurred and is continuing a Default or Event of Default with respect to the Notes. Upon the occurrence of either of the preceding events in (1) or (2) above, Definitive Notes shall be issued in such names as the Depositary shall instruct the Trustee. Global Notes also may be exchanged or replaced, in whole or in part, as provided in Sections 2.07 and 2.10 hereof. Every Note authenticated and delivered in exchange for, or in lieu of, a Global Note or any portion thereof, pursuant to this Section 2.06 or Section 2.07 or 2.10 hereof, shall be authenticated and delivered in the form of, and shall be, a Global Note. A Global Note may not be exchanged for another Note other than as provided in this Section 2.06(a), however, beneficial interests in a Global Note may be transferred and exchanged as provided in Section 2.06(b), (c) or (f) hereof.

  • Shift Exchanges In no event shall any overtime be payable as a result of employees voluntarily exchanging shifts.