Estimated Claims-Paying Capacity of the FHCF. This term means the sum of the projected Balance of the Fund as of December 31 of a Contract Year, plus any reinsurance purchased by the FHCF, plus the most recent estimate of the Borrowing Capacity of the FHCF, determined pursuant to Section 215.555(4)(c), Florida Statutes.
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Samples: Reimbursement Contract, Reimbursement Contract, Reimbursement Contract
Estimated Claims-Paying Capacity of the FHCF. This term means the sum of the projected Balance of the Fund as of December 31 of a Contract Year, plus any reinsurance purchased by the FHCF, plus the most recent estimate of the Borrowing Capacity of the FHCF, determined pursuant to Section 215.555(4)(c), Florida Statutes.. 4 FHCF-2014K Rule 19-8.010 F.A.C.
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Estimated Claims-Paying Capacity of the FHCF. This term means the sum of the projected Balance of the Fund as of December 31 of a Contract Year, plus any reinsurance purchased by the FHCF, plus the most recent estimate of the Borrowing Capacity of the FHCF, determined pursuant to Section 215.555(4)(c), Florida Statutes. Reimbursement Premiums have been billed as of December 31 and the amount of bond proceeds has been determined.
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