Financial Impairment. The Financial Impairment of any Borrower or any Subsidiary thereof.
Financial Impairment. The Financial Impairment of the Borrower.
Financial Impairment. As of the date of this Agreement and as of the Closing Date, Buyer is not subject to any Financial Impairment.
Financial Impairment. Ceding Company shall have the option, at Ceding Company’s sole discretion, to recapture the Policies reinsured under this Agreement immediately if Reinsurer is subject to a Xxxxx 0 xx Xxxxx 0 Xxxxxxxxxx as defined in Exhibit 12, Financial Impairment Schedule and in accordance with the recapture guidelines set forth in Exhibit 12.
Financial Impairment. The Financial Impairment of any Borrower or any Material Subsidiary; provided, however, that, despite paragraph (b) of the definition of "Financial Impairment," the lack of Solvency of any Material Subsidiary or any Borrower (other than Instron Corporation and Instron, Ltd.) shall not be the basis for the occurrence of an Event of Default under this Section 8.14 unless (x) such other Borrower incurs additional Obligations hereunder after the existence of such lack of Solvency in violation of the representation set forth in Section 6.18 hereof or (y) such lack of Solvency has resulted in, or would reasonably be expected to result in, a Material Adverse Effect on Instron Corporation and its Subsidiaries on a consolidated basis.
Financial Impairment. The Financial Impairment of the Borrower any Subsidiary Guarantor, or any other Material Subsidiary.
Financial Impairment the Insured's investment on behalf of a customer in the stock of any such entity or entities;
Financial Impairment. The Financial Impairment of the Borrower or any Subsidiary Guarantor of the Obligations, excluding, for purposes of this Section 9.16, clause (h) of the definition of "Financial Impairment."
Financial Impairment. As of the date of this Agreement and as of the Closing, the Company is not subject to any Financial Impairment.
Financial Impairment. The Financial Impairment of a Borrower, a Subsidiary of a Borrower, or any Guarantor of the Obligations.
