Change in Investment Strategy. The Borrower shall notify the Agent of any proposed and/or actual change in investment strategy of the Borrower or any Material Subsidiary which the Borrower reasonably expects would result in a material change in the Group’s business activities or financial position.
Appears in 3 contracts
Samples: Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/), Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/), $90,000,000 Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/)
Change in Investment Strategy. The Borrower shall notify the Agent of any proposed and/or actual change in investment strategy of the Borrower or any Material Subsidiary Company which the Borrower reasonably expects would result in a material change in the Group’s business activities or financial position.
Appears in 1 contract
Samples: Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/)
Change in Investment Strategy. The Borrower shall notify the Agent of any proposed and/or actual change in investment strategy of the Borrower or any Material Subsidiary Group which the Borrower reasonably expects would result in a material change in the Group’s business activities or financial position.
Appears in 1 contract
Samples: Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/)