Actuarial Reports Sample Clauses

Actuarial ReportsPromptly upon receipt thereof by any Loan Party or any ERISA Affiliate, a copy of the annual actuarial valuation report for each Plan the funded current liability percentage (as defined in Section 302(d)(8) of ERISA) of which is less than 90% or the unfunded current liability of which exceeds $5,000,000.
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Actuarial Reports. Promptly and in any event within 20 Business Days after receipt thereof by any Loan Party or any ERISA Affiliate, a copy of the annual actuarial valuation report for each Single Employer Plan with respect to any plan year with respect to which the funding target attainment percentage (as defined in Section 303(d)(2) of ERISA) is less than 90%.
Actuarial ReportsPromptly upon receipt thereof by the Borrower or any ERISA Affiliate, a copy of the annual actuarial valuation report for each Plan the funded current liability percentage (as defined in Section 302(d)(8)(B) of ERISA) of which is less than 90% or the unfunded current liability (as defined in Section 302(d)(8)(A) of ERISA) of which exceeds $500,000 or the present value of benefit liabilities as of the latest actuarial valuation date for such Plan (but not prior to 12 months prior to the date hereof), determined on the basis of a shut down of the company in accordance with actuarial assumptions used by the PBGC in single-employer plan terminations, exceeds the market value of assets exclusive of any contributions due to the Plan by $500,000.
Actuarial Reports. (a) With respect to the year ending in which the Valuation Transition Date occurs and each year thereafter, the Reinsurer’s appointed actuary shall provide to the Ceding Company’s appointed actuary (x) an actuarial memorandum setting forth the liability experience, liability assumptions (other than assumptions with respect to interest rate and discount rate) and liability cash flows with respect to the Reinsured Policies, including projected liability cash flows on a seriatim level and routine sensitivities to be agreed by the parties and (y) a certificate of reliance stating that, in his or her opinion, the SAP Reserves and related actuarial values concerning the Reinsured Policies: (i) are computed in accordance with presently accepted actuarial standards consistently applied and are fairly stated, in accordance with sound actuarial principles; (ii) are based on actuarial assumptions which produce SAP Reserves at least as great as those called for in any contract provision as to SAP Reserve basis and method, and are in accordance with all other policy or contract provisions; (iii) meet the requirements of the insurance laws and regulations of the Reinsurer’s state of domicile and the Ceding Company’s state of domicile and are at least as great as the minimum aggregate amount required by any state with the exception of any states listed in the certificate, with, to the extent applicable regulations of the Reinsurer’s state of domicile vary materially from the parallel requirements of the Ceding Company’s state of domicile, a good faith estimate of the effects of any such differences and a summary description of the Reinsurer’s methodologies used in developing such estimates; (iv) are computed on the basis of liability assumptions (other than assumptions with respect to interest rate and discount rate) consistent with those used in computing the corresponding items in the Reinsurer’s annual statement of the preceding year-end (with any exceptions noted); and (v) include provision for all actuarial SAP Reserves and related statement items which ought to be established. (b) With respect to any year ending prior to the year in which the Valuation Transition Date occurs the Ceding Company’s appointed actuary shall provide to the Reinsurer’s appointed actuary a certificate of reliance stating that, in his or her opinion, the SAP Reserves and related actuarial values concerning the Reinsured Policies: (i) are computed in accordance with presently accepted actuar...
Actuarial Reports. Promptly (and in any event no later than ten (10) days) after Tenant’s receipt thereof, Tenant shall deliver to Landlord a complete copy of any Actuarial Report(s) received by Tenant.
Actuarial Reports. As of the date of this Agreement, with respect to the XXX Insurance Companies, XXX has made available to LMHC all material actuarial reports in SAM’s possession and prepared by actuaries, independent or otherwise, that cover periods beginning on or after December 31, 2018. The information and data furnished by the XXX Insurance Companies to its independent actuaries in connection with the preparation of such actuarial reports were accurate and complete in all material respects for the periods covered in such reports.
Actuarial ReportsPrior to the date of this Agreement, the Company has made available to Parent a true and complete copy of all actuarial reports prepared by independent actuaries, with respect to the Company or any Company Subsidiary since January 1, 2005, and all attachments, addenda, supplements and modifications thereto (the “Company Actuarial Analyses”). There have been no actuarial reports of a similar nature covering any of the entities referred to in those reports in respect of any period subsequent to the latest period covered in such actuarial reports. The information and data furnished by the Company or any Company Subsidiary to its independent actuaries in connection with the preparation of any Company Actuarial Analysis was accurate in all material respects for the periods covered in such reports. Each Company Actuarial Analysis was based upon an accurate inventory of policies in force for the Company and the Company Subsidiaries, as the case may be, at the relevant time of preparation and was prepared in conformity with generally accepted actuarial principles in effect at such time, consistently applied (except as may be noted therein).
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Actuarial Reports. Section 2.23 of the Seller Disclosure Letter lists (and Seller has made available to Buyer true, complete and correct copies of) all material actuarial reports prepared by opining actuaries, independent or otherwise, from and after January 1, 2009, with respect to the Business or any of the Insurance Subsidiaries (including all material attachments, addenda, supplements and modifications thereto). To the Knowledge of Seller, the information and data furnished by or on behalf of the Transferred Companies to their independent actuaries in connection with the preparation of any such actuarial reports were accurate in all material respects for the periods covered in such reports.
Actuarial Reports. 102 SECTION 7.9 Plan Annual Reports............................................................... 102 SECTION 7.10 Multiemployer Plan Notices....................................................... 102 SECTION 7.11 Litigation....................................................................... 103 SECTION 7.12
Actuarial ReportsPromptly upon receipt thereof by any Loan ----------------- Party or any ERISA Affiliate, a copy of the annual actuarial valuation report of each Plan.
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