Compliance with State Insurance Laws Sample Clauses

Compliance with State Insurance Laws. (a) Unless preempted in accordance with the Act or section IV(o) of the Agreement, the Company and its affiliates shall comply with applicable State law.
AutoNDA by SimpleDocs
Compliance with State Insurance Laws. (a) Unless preempted in accordance with the Act or section IV(o) of the Agreement, the Company and its affiliates shall comply with applicable State law.‌
Compliance with State Insurance Laws. ‌ (a) Unless preempted in accordance with the Act or section IV(o) of the Agreement, the Company and its affiliates shall comply with applicable State law.‌ (b) If a State insurance department determines that the Company or any of its affiliates are in non-compliance with an applicable State law and FCIC determines that the non-compliance materially affects the Company’s ability to meet its obligations under this Agreement, such non-compliance shall be considered a breach of this Agreement unless remedial action by the Company or affiliate to correct the non-compliance is approved by FCIC.‌ (c) Upon the request of FCIC, the Company shall submit to FCIC information or documentation the Company is required to submit to a State insurance department under applicable State law related to the business conducted under this Agreement.‌ (d) If a State insurance department notifies the Company or its affiliates that it is taking, or proposes to take, an action against the Company or its affiliates or directs the Company to take an action, the Company must immediately notify FCIC of such action and any remedial action proposed by the Company or directed by the State insurance department that directly or indirectly affects the Company’s ability to perform its obligations under this Agreement.‌
Compliance with State Insurance Laws. Manager agrees to perform the Services in a manner that ensures compliance by Safeco with the Laws relating to the management of insurance company assets in effect in each state in which Safeco is domiciled (the “Regulatory Requirements”), including preparing Schedule D (Investment Detail) in compliance with the National Association of Insurance Commissioners’ (“NAIC”) manuals and making all filings with the NAIC’s Security Valuation Office (the “NAIC-SVO”). Safeco agrees to provide Manager with a list, as updated from time to time, of the states in which it is domiciled. Manager also agrees to promptly notify Safeco of any changes in the Regulatory Requirements that Manager reasonably expects to impact the provision of the Investment Management Services.

Related to Compliance with State Insurance Laws

  • Compliance With Insurance Requirements Borrower will comply with all Insurance requirements and will not permit any condition to exist on the Mortgaged Property that would invalidate any part of any Insurance coverage required under this Loan Agreement.

  • Compliance with Local Laws Any resale of the Securities during the ‘distribution compliance period’ as defined in Rule 902(f) to Regulation S shall only be made in compliance with exemptions from registration afforded by Regulation S. Further, any such sale of the Securities in any jurisdiction outside of the United States will be made in compliance with the securities laws of such jurisdiction. The Investor will not offer to sell or sell the Securities in any jurisdiction unless the Investor obtains all required consents, if any.

  • Compliance with Policies Each Individual Limited Partner hereby agrees that he shall comply with all policies and procedures adopted by any member of the Och-Ziff Group or which Limited Partners are required to observe by law, or by any recognized stock exchange, or other regulatory body or authority.

  • Compliance with Statutes Rules and Regulations In performing its obligations under this Contract, the Provider shall without exception be aware of and comply with all State and Federal laws, rules, Children and Families Operating Procedures (CFOPs), and regulations relating to its performance under this Contract as they may be enacted or amended from time-to-time, as well as any court or administrative order, judgment, settlement or compliance agreement involving the Department which by its nature affects the services provided under this Contract.

  • Compliance with Applicable Laws Any and all requirements of any federal, state or local law including, without limitation, usury, truth-in-lending, real estate settlement procedures, consumer credit protection, equal credit opportunity, disclosure and all predatory and abusive lending laws applicable to the Mortgage Loan, including, without limitation, any provisions relating to prepayment penalties, have been complied with, the consummation of the transactions contemplated hereby will not involve the violation of any such laws or regulations, and the Seller shall maintain in its possession, available for the Purchaser's inspection, and shall deliver to the Purchaser upon demand, evidence of compliance with all such requirements;

  • Compliance with Statutes, Regulations, Etc The Borrower will, and will cause each Subsidiary to, comply with all applicable laws, rules, regulations and orders applicable to it or its property, including all governmental approvals or authorizations required to conduct its business, and to maintain all such governmental approvals or authorizations in full force and effect, in each case except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!