Insurance Regulator. Any Insurance Regulator of any jurisdiction suspends or takes any steps towards suspending the business or operations of any Obligor or any of its Subsidiaries and any such event could reasonably be expected to result in a Material Adverse Change;
Appears in 3 contracts
Samples: Pledge and Security Agreement (Hallmark Financial Services Inc), Credit Agreement (Hallmark Financial Services Inc), Credit Agreement (Hallmark Financial Services Inc)
Insurance Regulator. Any Insurance Regulator of any jurisdiction suspends or takes any steps towards suspending the business or operations of any Obligor or any of its Subsidiaries and any such event could reasonably be expected to result in a Material Adverse Change;.
Appears in 1 contract
Samples: Credit Agreement (Gainsco Inc)