Insurance License. Any insurance license of the Borrower or any Material Party is suspended, limited, terminated or not renewed which could reasonably be expected to have a Material Adverse Effect.
Insurance License a. The Vendor agrees to maintain professional liability and malpractice insurance with the following minimum limits of liability: $1,000,000. Per occurrence and $5,000,000 in the aggregate and provide Board with proof of insurance upon request.
b. The Vendor is licensed by the State of California in the performances of the Services provided herein and agrees to provide proof upon request.
Insurance License. (a) There is, in relation to itself and each of the Insurance Companies:
(i) no Insurance License that is the subject of a proceeding for suspension, revocation or limitation or any similar proceedings;
(ii) no sustainable basis for such a suspension, revocation or limitation; and
(iii) no such suspension, revocation or limitation threatened by any Applicable Insurance Regulatory Authority, that, in each case has, or is readily likely to have, a Material Adverse Effect.
(b) As of the date of this Agreement, neither it nor any of the Insurance Companies transacts its insurance business, directly or indirectly, in any jurisdiction without all Insurance Licenses required by the Applicable Insurance Regulatory Authority in such jurisdiction, except where the failure to hold such Insurance Licenses has not had, and is not reasonably likely to have, a Material Adverse Effect.
Insurance License. 15 Section 9.13 Noncompetition Agreement . . . . . . . . . . . . . . . . 15 Section 9.14 Profit Sharing Agreement. . . . . . . . . . . . . . . . 15 ii 4
Insurance License. 24 4.7 TRANSFER OF INSURANCE BUSINESS LIABILITIES .................................. 25 4.8 CONTRACTS ................................................................... 25 4.9 STATE ASSESSMENTS ........................................................... 26 4.10 REGULATORY EXAMINATIONS...................................................... 26 4.11 THIRD PARTY AGREEMENTS....................................................... 27 4.12
Insurance License. Any one or more Insurance Licenses of the Parent Borrower or any of its Subsidiaries shall be suspended, limited or terminated or shall not be renewed, or any other action shall be taken by any Governmental Authority, and such action would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect; or
Insurance License. Buyer shall have the obtained licenses described in Section 7.1 of this Agreement.
Insurance License. From the date hereof to the Closing Date, the Company shall, and Sellers shall cause the Company to, use its best efforts to preserve and maintain the Company's Certificate of Authority and its corporate charter issued by the Texas Department.
Insurance License. The Contractor will carry liability insurance (including malpractice insurance, if warranted) relative to any service that [he or she] performs for the Company and maintain a current and valid State license in his/her trade.
Insurance License. The representative must have an active insurance license in the following locations: . Where the representative lives. . Where the representative works (business location). . Where the client lives.
