Common use of Confirmation of Regulatory Authority Clause in Contracts

Confirmation of Regulatory Authority. Bank shall have received written confirmation, in form and substance satisfactory to Bank in its sole discretion, that the transactions contemplated in this Agreement (including AICE’s pledge of additional collateral securing the Insurance Letters of Credit) (i) satisfy the obligations of Borrower to OSIP, and (ii) have been approved by the Department of Insurance of the State of Arizona.

Confirmation of Regulatory Authority. Bank shall have received written confirmation, in form and substance satisfactory to Bank in its sole discretion, that the transactions contemplated in this Agreement Borrower and AICE have taken all actions necessary to obtain (including AICE’s pledge of additional collateral securing the Insurance Letters of Credit1) (i) satisfy the obligations of Borrower to OSIP, and (ii) have been approved by approval from the Department of Insurance of the State of Arizona, and the Department of Insurance of the State of Arizona has approved, the transactions contemplated in this Amendment, or (2) assurances that such approval is not required under applicable law.

Confirmation of Regulatory Authority. Bank shall have received written confirmationevidence, in form and substance satisfactory to Bank in its sole discretion, that the transactions contemplated in this Agreement (including AICE’s pledge of additional collateral securing the Insurance Letters of Credit) Borrower and AICE have obtained (i) satisfy the obligations of Borrower to OSIP, and (ii) have been approved by approval from the Department of Insurance of the State of ArizonaArizona of the transactions contemplated in this Amendment, or (ii) assurances, in form and substance satisfactory to Bank in its sole discretion, that such approval is not required under applicable law.

Confirmation of Regulatory Authority. Bank shall have received written confirmation, in form and substance satisfactory to Bank in its sole discretion, that the transactions contemplated in this Agreement Amendment (including AICE’s pledge of additional collateral securing the Insurance Letters of Creditcollateral) either (i) satisfy the obligations of Borrower to OSIP, and (ii) have been approved by do not require approval from the Department of Insurance of the State of Arizona, or (ii) if such approval is required, such approval has been obtained.

Confirmation of Regulatory Authority. Bank shall have received written confirmationevidence, in form and substance satisfactory to Bank in its sole discretion, that the transactions contemplated in this Agreement Borrower and AICE have obtained (including AICE’s pledge of additional collateral securing the Insurance Letters of Credit1) (i) satisfy the obligations of Borrower to OSIP, and (ii) have been approved by approval from the Department of Insurance of the State of ArizonaArizona of the transactions contemplated in this Amendment, or (2) assurances, in form and substance satisfactory to Bank in its sole discretion, that such approval is not required under applicable law.