Transferring Policyholder means a reinsured, insurer, reinsurer or syndicate at Lloyd's that has ceded a risk to or reinsured a risk with the Relevant Transferor pursuant to a Transferring Policy; UK means the United Kingdom of Great Britain and Northern Ireland; and VAT means value added or similar turnover or sales taxes, wheresoever imposed (including any interest, surcharges or penalties in respect of the same). In this Transfer: property and asset includes (without limitation) property, assets, rights (including, without limitation, contingent rights as to the repayment of tax) and powers of every description (whether present or future, actual or contingent) and includes property and assets held on trust, securities (quoted or unquoted), benefits (including, without limitation, tax benefits), powers of any description and any interest whatsoever in any of the foregoing; transfer includes (as the context may require) assign, assignation, assignment, dispose, disposal, novate, novation, convey and conveyance and shall include a transfer by operation of law; any reference to the singular shall include a reference to the plural and vice versa and any reference to the masculine shall include a reference to the feminine; any reference to a court, tax, accounting or regulatory authority shall be deemed to include a reference to such authority's successors from time to time; any reference to an enactment, a statutory provision or any subordinate legislation be deemed to include a reference to that enactment, statutory provision or subordinate legislation as amended, replaced or re-enacted from time to time and to any instrument or order made from time to time under such enactment, statutory provision or subordinate legislation; expressions used have meanings under FSMA shall bear those meanings unless stated otherwise; any reference to this Transfer include the recitals to it and (unless inconsistent with the subject or context) references in this Transfer to paragraphs or parts are to paragraphs or parts of this Transfer; the rule known as the ejusdem generis rule shall not apply, and accordingly words introduced by words and phrases such as "include", ''including", "other" and "in particular" shall not be given a restrictive meaning or limit the generality of any preceding words or be construed as being limited to the same class as the preceding words where a wider construction is possible; headings are inserted for convenience only and shall not affect the construction of this Transfer;
Transferring Policyholder means a reinsured, insurer, reinsurer or syndicate at Lloyd's that has ceded a risk to or reinsured a risk with the Relevant Transferor pursuant to a Transferring Policy; UK means the United Kingdom of Great Britain and Northern Ireland; and VAT means value added or similar turnover or sales taxes, wheresoever imposed (including any interest, surcharges or penalties in respect of the same). In this Transfer: property and asset includes (without limitation) property, assets, rights (including, without limitation, contingent rights as to the repayment of tax) and powers of every description (whether present or future, actual or contingent) and includes property and assets held on trust, securities (quoted or unquoted), benefits (including, without limitation, tax benefits), powers of any description and any interest whatsoever in any of the foregoing; transfer includes (as the context may require) assign, assignation, assignment, dispose, disposal, novate, novation, convey and conveyance and shall include a transfer by operation of law; any reference to the singular shall include a reference to the plural and vice versa and any reference to the masculine shall include a reference to the feminine; any reference to a court, tax, accounting or regulatory authority shall be deemed to include a reference to such authority's successors from time to time; any reference to an enactment, a statutory provision or any subordinate legislation be deemed to include a reference to that enactment, statutory provision or subordinate legislation as amended, replaced or re-enacted from time to time and to any instrument or order made from time to time under such enactment, statutory provision or subordinate legislation; expressions used have meanings under FSMA shall bear those meanings unless stated otherwise; any reference to this Transfer include the recitals to it and (unless inconsistent with the subject or context) references in this Transfer to paragraphs or parts are to paragraphs or parts of this Transfer; the rule known as the ejusdem generis rule shall not apply, and accordingly words introduced by words and phrases such as "include", ''including", "other" and "in particular" shall not be given a restrictive meaning or limit the generality of any preceding words or be construed as being limited to the same class as the preceding words where a wider construction is possible; headings are inserted for convenience only and shall not affect the construction of this Transfer;
transfer-document.docx