Combined Statutory Surplus Sample Clauses

Combined Statutory Surplus. Add Lines 1(a) through 1(h)4 $___________ Eliminations (detail):
Sample 1
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Combined Statutory Surplus. The Combined Statutory Capital and Surplus of the Insurance Subsidiaries, as of the last day of any fiscal quarter beginning with the fiscal quarter ending March 31, 1999, shall not be less than $335,422, plus 50% of the aggregate increases in the stated capital and additional paid-in capital accounts of the Insurance Subsidiaries (without duplication) occurring after December 31, 1998, as determined in each case in accordance with SAP.
Sample 1
Combined Statutory Surplus. The Borrower shall not permit the Combined Statutory Surplus at any time to be less than $434,798,000.
Sample 1
Combined Statutory Surplus. The Borrower will not permit the Combined Statutory Capital and Surplus of the Insurance Subsidiaries, as of the last day of any fiscal quarter beginning with the fiscal quarter ending March 31, 1999, to be less than 75% of Combined Statutory Capital and Surplus as of December 31, 1998 plus 50% of the aggregate increases in the stated capital and additional paid-in capital accounts of the Insurance Subsidiaries (without duplication) occurring after December 31, 1998, as determined in each case in accordance with SAP.
Sample 1
Combined Statutory Surplus. The Company will not permit Combined Statutory Surplus at any time to be less than $26,000,000,000.
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Combined Statutory Surplus. The Borrower will not permit Combined Statutory Surplus, at any time from and after the Closing Date, to be less than (i) $650,000,000 plus (ii) 30% of the aggregate of Combined Statutory Net Income for each fiscal year ending on or after December 31, 1998 up to and including the date of determination (provided that Combined Statutory Net Income for any such fiscal year shall be taken into account for purposes of this calculation only if positive).
Sample 1
Combined Statutory Surplus. The Borrower will cause its Insurance Company Subsidiaries to maintain at all times an aggregate Statutory Surplus (on a combined basis without duplication) of not less than $200,000,000.
Sample 1
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Combined Statutory Surplus. The Borrower will cause its Insurance Company Subsidiaries to maintain a Combined Statutory Surplus which (i) at any time from and including the Closing Date through and including December 30, 1998, is not less than $250,518,000, and (ii) at any time thereafter, is not less than the greater of (x) seventy-five percent (75%) of the actual Combined Statutory Surplus as of the most recent December 31, or (y) the Combined Statutory Surplus required to be maintained under this Section 8.1 during the twelve-month period immediately preceding the most recent December 31.
Sample 1
Combined Statutory Surplus. Section 6.2 of the Credit Agreement is hereby amended by (a) deleting the reference to "$650,000,000" and replacing it with "$600,000,000" (b) deleting the reference to "December 31, 1998" and replacing it with "December 31, 1999".
Sample 1

Related to Combined Statutory Surplus

  • Minimum Consolidated Net Worth Permit the Consolidated Net Worth of the Company at the end of any fiscal quarter to be less than US$11,250,000,000 (“Minimum Amount”).

  • Capitalization Ratio Permit the ratio of Consolidated Debt of the Borrower to Consolidated Capital of the Borrower to exceed .58 to 1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

  • Current Ratio The Borrower will not permit, as of the last day of any fiscal quarter, its ratio of (i) consolidated current assets (including the unused amount of the total Commitments, but excluding non-cash assets under FAS 133) to (ii) consolidated current liabilities (excluding non-cash obligations under FAS 133 and current maturities under this Agreement) to be less than 1.0 to 1.0.

  • Allocation of Excess Nonrecourse Liabilities For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General Partner.

  • Debt to Capitalization Ratio As of the last day of each fiscal quarter of the Borrower, the Debt to Capitalization Ratio shall be less than or equal to 0.70 to 1.0.

  • Minimum Gain Chargeback (Nonrecourse Liabilities) Except as otherwise provided in Section 1.704-2(f) of the Regulations, if there is a net decrease in Partnership Minimum Gain for any Partnership fiscal year, each Partner shall be specially allocated items of Partnership income and gain for such year (and, if necessary, subsequent years) in an amount equal to such Partner’s share of the net decrease in Partnership Minimum Gain to the extent required by Section 1.704-2(f) of the Regulations. The items to be so allocated shall be determined in accordance with Sections 1.704-2(f) and (i) of the Regulations. This subparagraph 2(a) is intended to comply with the minimum gain chargeback requirement in said section of the Regulations and shall be interpreted consistently therewith. Allocations pursuant to this subparagraph 2(a) shall be made in proportion to the respective amounts required to be allocated to each Partner pursuant hereto.

  • Minimum Adjusted Tangible Net Worth Seller shall not permit the Adjusted Tangible Net Worth of Seller (and, if applicable, its Subsidiaries, on a consolidated basis), computed as of the end of each calendar month, to be less than $25,000,000.

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