Insurance Licenses. No material license, permit or authorization of the Borrower or any Subsidiary to engage in the business of insurance or insurance-related activities is the subject of a proceeding for suspension or revocation, except where such suspension or revocation would not individually or in the aggregate have a Material Adverse Effect.
Appears in 9 contracts
Samples: Term Credit Agreement (Aon Corp), Credit Agreement (Aon Corp), Assignment and Assumption Agreement (Aon Corp)
Insurance Licenses. No material license, permit or authorization of the Borrower or any material Subsidiary to engage in the business of insurance insurance, reinsurance or insurance-related activities is the subject of a proceeding for suspension or revocation, except where such suspension or revocation would not individually or in the aggregate have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Allied World Assurance Holdings LTD), Credit Agreement (Ipc Holdings LTD)
