Common use of Insurance Reserves Clause in Contracts

Insurance Reserves. Magellan will cause Plymouth Insurance Company Ltd. ("Plymouth") to maintain reserves in amounts that are reasonably actuarially adequate to cover risks insured by Plymouth associated with the operation of the business of the Hospitals.

Appears in 3 contracts

Samples: Contribution Agreement (Magellan Health Services Inc), Real Estate Purchase and Sale Agreement (Magellan Health Services Inc), Contribution Agreement (Magellan Health Services Inc)

AutoNDA by SimpleDocs

Insurance Reserves. Magellan will cause Plymouth Insurance Company Ltd. ("PlymouthPLYMOUTH") to maintain reserves in amounts that are reasonably actuarially adequate to cover risks insured by Plymouth associated with the operation of the business of the Hospitals.

Appears in 2 contracts

Samples: Real Estate Purchase and Sale Agreement (Crescent Real Estate Equities Inc), Real Estate Purchase and Sale Agreement (Crescent Real Estate Equities Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!