Common use of Books of Business Clause in Contracts

Books of Business. Not, and not permit any of the Reliance Standard Insurance Companies, Safety National or any Acquired Person to, purchase books of insurance business with a purchase price which, when aggregated with the purchase price for all other books of business and for assets and capital stock purchases pursuant to Section 9.2(b), taken in the aggregate from and after December 5, 1996, exceeds thirty percent (30%) of the Consolidated Equity of the Borrower, determined as provided in Section 9.2(b).

Books of Business. Not, and not permit any of the Reliance Standard Insurance Companies, Safety National or any Acquired Person to, purchase books of insurance business with a purchase price which, when aggregated with the purchase price for all other books of business and for assets and capital stock purchases pursuant to Section 9.2(b)8.02, taken in the aggregate from and after December 531, 19962001, exceeds thirty percent (30%) of the Consolidated Equity of the Borrower, determined as provided in Section 9.2(b8.02(b).

Books of Business. Not, and not permit any of the Reliance Standard Insurance Companies, Safety National or any Acquired Person to, purchase books of insurance business with a purchase price which, when aggregated with the purchase price for all other books of business and for assets and capital stock purchases pursuant to Section 9.2(b), taken in the aggregate from and after December 5, 1996the Third Restatement Date, exceeds thirty percent (30%) of the Consolidated Equity of the Borrower, determined as provided in Section 9.2(b).