Common use of Adverse Order Clause in Contracts

Adverse Order. Any Material Insurance Subsidiary shall be the subject of a final non-appealable order imposing a fine in an amount in excess of $10,000,000 in any single instance or other such orders imposing fines in excess of $25,000,000 in the aggregate after the date of this Agreement by or at the request of any state insurance regulatory agency as a result of the violation by such Material Insurance Subsidiary of such state's applicable insurance laws or the regulations promulgated in connection therewith.

Adverse Order. Any Material Insurance Subsidiary shall be the subject of a final non-appealable order imposing a fine in an amount in excess of $10,000,000 50,000,000 in any single instance or other such orders imposing fines in excess of $25,000,000 75,000,000 in the aggregate after the date of this Agreement by or at the request of any state insurance regulatory agency as a result of the violation by such Material Insurance Subsidiary of such state's ’s applicable insurance laws Laws or the regulations promulgated in connection therewith.

Adverse Order. Any Material Insurance Subsidiary shall be the subject of a final non-appealable order imposing a fine in an amount in excess of $10,000,000 in any single instance or other such orders imposing fines in excess of $25,000,000 in the aggregate after the date of this Agreement by or at the request of any state insurance regulatory agency as a result of the violation by such Material Insurance Subsidiary of such state's applicable insurance laws Laws or the regulations promulgated in connection therewith.