Common use of Minimum Combined Statutory Surplus Clause in Contracts

Minimum Combined Statutory Surplus. Combined Statutory Surplus shall be at all times an amount not less than $750,000,000 for the period from the Closing Date through the Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Selective Insurance Group Inc), Credit Agreement (Selective Insurance Group Inc), Credit Agreement (Selective Insurance Group Inc)

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Minimum Combined Statutory Surplus. Combined Statutory Surplus shall be at all times an amount not less than (i) $750,000,000 700,000,000 for the period from the Closing Date through December 31, 2009, (ii) $725,000,000 for the period from January 1, 2010 through March 31, 2010, and (iii) $750,000,000 for the period from April 1, 2010 through the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Selective Insurance Group Inc)

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