Other Regulatory Statements and Reports. Promptly, and without duplication in respect of any other reporting requirement, (A) after their becoming available, copies of any statutory financial statements that the Borrower or any Regulated Insurance Company periodically files with the Applicable Regulatory Insurance Authority (including all exhibits and schedules thereto), (B) after receipt thereof, copies of all regular and periodic reports of reviews or examinations (including, without limitation, triennial examinations and risk adjusted capital reports) of any Regulated Insurance Company that had been delivered to such Person by any Applicable Regulatory Insurance Authority, (C) after receipt thereof, written notice of any assertion by any Applicable Regulatory Insurance Authority as to a violation of any Legal Requirement by any Regulated Insurance Company which is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any other Credit Document, (D) after receipt thereof, a copy of the final report to each Regulated Insurance Company from the NAIC for each fiscal year as to such Regulated Insurance Company's compliance or noncompliance with each of the NAIC Tests, (E) after receipt thereof, a copy of any new rating analysis by any rating agency for each Regulated Insurance Company, (F) after receipt thereof, a copy of any notice of termination, cancellation or recapture of any Reinsurance Agreement to which a Regulated Insurance Company is a party to the extent such termination or cancellation may have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit Document, (G) and in any event within three Business Days after receipt thereof, copies of any notice of actual suspension, termination or revocation of any license of any Regulated Insurance Company by any Applicable Regulatory Insurance Authority (other than any termination voluntarily effected by such Regulated Insurance Company), including any request by an Applicable Regulatory Insurance Authority which commits a Regulated Insurance Company to take or refrain from taking any material action or which otherwise materially affects the authority of such Regulated Insurance Company to conduct its business and (H) and in any event within three Business Days after the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of any actual changes in the insurance laws enacted in any state in which any Regulated Insurance Company is domiciled which could have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit Document.
Appears in 1 contract
Other Regulatory Statements and Reports. Promptly, and without duplication in respect of any other reporting requirement, Promptly (A) after their becoming available, copies of any statutory financial statements that the Borrower or any Regulated Insurance Company periodically files with the Applicable Regulatory Insurance Authority (including all exhibits and schedules thereto), (B) after receipt thereof, copies of all regular and periodic reports of reviews or examinations (including, without limitation, triennial examinations and risk adjusted capital reports) reports of any Regulated Insurance Company that had been Company, delivered to such Person by any Applicable Insurance Regulatory Insurance Authority, insurance commission or similar regulatory authority, (CB) after receipt thereof, written notice of any assertion by any Applicable Insurance Regulatory Insurance Authority or any governmental agency or agencies substituted therefor, as to a violation of any Legal Requirement by any Regulated Insurance Company which is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any other Credit DocumentEffect, (DC) after receipt thereof, a copy of the final report to each Regulated Insurance Company from the NAIC for each fiscal year year, as to such Regulated Insurance Company's ’s compliance or noncompliance with each of the NAIC Tests, (E) after receipt thereof, a copy of any new rating analysis by any rating agency for each Regulated Insurance Company, (FD) after receipt thereof, a copy of any notice of termination, cancellation or recapture of any Reinsurance Agreement or Retrocession Agreement to which a Regulated Insurance Company is a party to the extent such termination or cancellation may is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect, (GE) and in any event within three two Business Days after receipt thereof, copies of any notice of actual suspension, termination or revocation of any license of any Regulated Insurance Company by any Applicable Insurance Regulatory Insurance Authority (other than any termination voluntarily effected by such Regulated Insurance Company)Authority, including any request by an Applicable Insurance Regulatory Insurance Authority which commits a Regulated Insurance Company to take or refrain from taking any material action or which otherwise materially affects the authority of such Regulated Insurance Company to conduct its business business, and (HF) and in any event within three ten Business Days after any Responsible Officer of the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of any actual changes in the insurance laws enacted in any state jurisdiction in which any Regulated Insurance Company is domiciled which could reasonably be expected to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect.
Appears in 1 contract
Samples: Credit Agreement (Universal American Financial Corp)
Other Regulatory Statements and Reports. Promptly, and without duplication in respect of any other reporting requirement, Promptly (A) after their becoming available, copies of any statutory financial statements that the Borrower or any Regulated Insurance Company periodically files with the Applicable Regulatory Insurance Authority (including all exhibits and schedules thereto), (B) after receipt thereof, copies of all regular and periodic reports of reviews or examinations (including, without limitation, triennial examinations and risk adjusted capital reports) reports of any Regulated Insurance Company that had been Company, delivered to such Person by any Applicable Insurance Regulatory Insurance Authority, insurance commission or similar regulatory authority, (CB) after receipt thereof, written notice of any assertion by any Applicable Insurance Regulatory Insurance Authority or any governmental agency or agencies substituted therefor, as to a violation of any Legal Requirement by any Regulated Insurance Company which is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any other Credit DocumentEffect, (DC) after receipt thereof, a copy of the final report to each Regulated Insurance Company from the NAIC for each fiscal year year, as to such Regulated Insurance Company's compliance or noncompliance with each of the NAIC Tests, (E) after receipt thereof, a copy of any new rating analysis by any rating agency for each Regulated Insurance Company, (FD) after receipt thereof, a copy of any notice of termination, cancellation or recapture of any Reinsurance Agreement or Retrocession Agreement to which a Regulated Insurance Company is a party to the extent such termination or cancellation may is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect, (GE) and in any event within three ten Business Days after receipt thereof, copies of any notice of actual suspension, termination or revocation of any license of any Regulated Insurance Company by any Applicable Insurance Regulatory Insurance Authority (other than any termination voluntarily effected by such Regulated Insurance Company)Authority, including any request by an Applicable Insurance Regulatory Insurance Authority which commits a Regulated Insurance Company to take or refrain from taking any material action or which otherwise materially affects the authority of such Regulated Insurance Company to conduct its business business, and (HF) and in any event within three ten Business Days after the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of any actual changes in the insurance laws enacted in any state in which any Regulated Insurance Company is domiciled which could have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect.
Appears in 1 contract
Samples: Credit Agreement (Superior National Insurance Group Inc)
Other Regulatory Statements and Reports. Promptly, and without duplication in respect of any other reporting requirement, Promptly (A) after their becoming available, copies of any statutory financial statements that the Borrower or any Regulated Insurance Company periodically files with the Applicable Regulatory Insurance Authority (including all exhibits and schedules thereto), (B) after receipt thereof, copies of all regular and periodic reports of reviews or examinations (including, without limitation, triennial examinations and risk adjusted capital reports) reports of any Regulated Insurance Company that had been Company, delivered to such Person by any Applicable Insurance Regulatory Insurance Authority, insurance commission or similar regulatory authority, (CB) after receipt thereof, written notice of any assertion by any Applicable Insurance Regulatory Insurance Authority or any governmental agency or agencies substituted therefor, as to a violation of any Legal Requirement by any Regulated Insurance Company which is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any other Credit DocumentEffect, (DC) after receipt thereof, a copy of the final report to each Regulated Insurance Company from the NAIC for each fiscal year year, as to such Regulated Insurance Company's compliance or noncompliance with each of the NAIC Tests, (E) after receipt thereof, a copy of any new rating analysis by any rating agency for each Regulated Insurance Company, (FD) after receipt thereof, a copy of any notice of termination, cancellation or recapture of any Reinsurance Agreement or Retrocession Agreement to which a Regulated Insurance Company is a party to the extent such termination or cancellation may is reasonably likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect, (GE) and in any event within three ten Business Days after receipt thereof, copies of any notice of actual suspension, termination or revocation of any license of any Regulated Insurance Company by any Applicable Insurance Regulatory Insurance Authority (other than any termination voluntarily effected by such Regulated Insurance Company)Authority, including any request by an Applicable Insurance Regulatory Insurance Authority which commits a Regulated Insurance Company to take or refrain from taking any material action or which otherwise materially affects the authority of such Regulated Insurance Company to conduct its business business, and (HF) and in any event within three ten Business Days after the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of any actual changes in the insurance laws enacted in any state in which any Regulated Insurance Company is domiciled which could would reasonably be expected to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect.
Appears in 1 contract
Samples: Credit Agreement (Ceres Group Inc)
Other Regulatory Statements and Reports. Promptly, and without duplication in respect of any other reporting requirement, Promptly (A) after their becoming available, copies of any statutory financial statements that the Borrower or any Regulated Insurance Company periodically files with the Applicable Regulatory Insurance Authority (including all exhibits and schedules thereto), (B) after receipt thereof, copies of all regular and periodic reports of reviews or examinations (including, without limitation, triennial examinations and risk adjusted capital reports) reports of any Regulated Insurance Company that had been Company, delivered to such Person by any Applicable Insurance Regulatory Insurance Authority, insurance commission or similar regulatory authority, (CB) after receipt thereof, written notice of any assertion by any Applicable Insurance Regulatory Insurance Authority or any governmental agency or agencies substituted therefor, as to a violation of any Legal Requirement by any Regulated Insurance Company which is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any other Credit DocumentEffect, (DC) after receipt thereof, a copy of the final report to each Regulated Insurance Company from the NAIC for each fiscal year year, as to such Regulated Insurance Company's compliance or noncompliance with each of the NAIC Tests, (E) after receipt thereof, a copy of any new rating analysis by any rating agency for each Regulated Insurance Company, (FD) after receipt thereof, a copy of any notice of termination, cancellation or recapture of any Reinsurance Agreement or Retrocession Agreement to which a Regulated Insurance Company is a party to the extent such termination or cancellation may is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect, (GE) and in any event within three ten Business Days after receipt thereof, copies of any notice of actual suspension, termination or revocation of any license of any Regulated Insurance Company by any Applicable Insurance Regulatory Insurance Authority (other than any termination voluntarily effected by such Regulated Insurance Company)Authority, including any request by an Applicable Insurance Regulatory Insurance Authority which commits a Regulated Insurance Company to take or refrain from taking any material action or which otherwise materially affects the authority of such Regulated Insurance Company to conduct its business business, and (HF) and in any event within three ten Business Days after the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of any actual changes in the insurance laws enacted in any state in which any Regulated Insurance Company is domiciled which could reasonably be expected to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect.
Appears in 1 contract
Samples: Credit Agreement (Universal American Financial Corp)
Other Regulatory Statements and Reports. Promptly, and without duplication in respect of any other reporting requirement, Promptly (A) after their becoming available, copies of any statutory financial statements that the Borrower or any Regulated Insurance Company periodically files with the Applicable Regulatory Insurance Authority (including all exhibits and schedules thereto), (B) after receipt thereof, copies of all regular and periodic reports of reviews or examinations (including, without limitation, triennial examinations and risk adjusted capital reports) reports of any Regulated Insurance Company that had been Company, delivered to such Person by any Applicable Insurance Regulatory Insurance Authority, insurance commission or similar regulatory authority, (CB) after receipt thereof, written notice of any assertion by any Applicable Insurance Regulatory Insurance Authority or any governmental agency or agencies substituted therefor, as to a violation of any Legal Requirement by any Regulated Insurance Company which is reasonably likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any other Credit DocumentEffect, (DC) after receipt thereof, a copy of the final report to each Regulated Insurance Company from the NAIC for each fiscal year year, as to such Regulated Insurance Company's compliance or noncompliance with each of the NAIC Tests, (E) after receipt thereof, a copy of any new rating analysis by any rating agency for each Regulated Insurance Company, (FD) after receipt thereof, a copy of any notice of termination, cancellation or recapture of any Reinsurance Agreement or Retrocession Agreement to which a Regulated Insurance Company is a party to the extent such termination or cancellation may is reasonably likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect, (GE) and in any event within three ten Business Days after receipt thereof, copies of any notice of actual suspension, termination or revocation of any license of any Regulated Insurance Company by any Applicable Insurance Regulatory Insurance Authority (other than any termination voluntarily effected by such Regulated Insurance Company)Authority, including any request by an Applicable Insurance Regulatory Insurance Authority which commits a Regulated Insurance Company to take or refrain from taking any material action or which otherwise materially affects the authority of such Regulated Insurance Company to conduct its business business, except where such suspension, termination or revocation is not reasonably likely to have a Material Adverse Effect, and (HF) and in any event within three ten Business Days after the Borrower Holdings or any of its Subsidiaries obtains knowledge thereof, notice of any actual changes in the insurance laws enacted in any state in which any Regulated Insurance Company is domiciled which could is reasonably likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect.
Appears in 1 contract
Other Regulatory Statements and Reports. Promptly, and without duplication in respect of any other reporting requirement, Promptly (A) after their becoming available, copies of any statutory financial statements that the Borrower or any Regulated Insurance Company periodically files with the Applicable Regulatory Insurance Authority (including all exhibits and schedules thereto), (B) after receipt thereof, copies of all regular and periodic reports of reviews or examinations (including, without limitation, triennial examinations and risk adjusted capital reports) reports of any Regulated Insurance Company that had been Company, delivered to such Person by any Applicable Insurance Regulatory Insurance Authority, insurance commission or similar regulatory authority, (CB) after receipt thereof, written notice of any assertion by any Applicable Insurance Regulatory Insurance Authority or any governmental agency or agencies substituted therefor, as to a violation of any Legal Requirement by any Regulated Insurance Company which is reasonably likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any other Credit DocumentEffect, (DC) after receipt thereof, a copy of the final report to each Regulated Insurance Company from the NAIC for each fiscal year year, as to such Regulated Insurance Company's compliance or noncompliance with each of the NAIC Tests, (E) after receipt thereof, a copy of any new rating analysis by any rating agency for each Regulated Insurance Company, (FD) after receipt thereof, a copy of any notice of termination, cancellation or recapture of any Reinsurance Agreement or Retrocession Agreement to which a Regulated Insurance Company is a party to the extent such termination or cancellation may is reasonably likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect, (GE) and in any event within three ten Business Days after receipt thereof, copies of any notice of actual suspension, termination or revocation of any license of any Regulated Insurance Company by any Applicable Insurance Regulatory Insurance Authority (other than any termination voluntarily effected by such Regulated Insurance Company)Authority, including any request by an Applicable Insurance Regulatory Insurance Authority which commits a Regulated Insurance Company to take or refrain from taking any material action or which otherwise materially affects the authority of such Regulated Insurance Company to conduct its business business, except where such suspension, termination or revocation is not reasonably likely to have a Material Adverse Effect, and (HF) and in any event within three ten Business Days after the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of any actual changes in the insurance laws enacted in any state in which any Regulated Insurance Company is domiciled which could is reasonably likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect.
Appears in 1 contract
Other Regulatory Statements and Reports. Promptly, and without duplication in respect of any other reporting requirement, Promptly (A) after their becoming available, copies of any statutory financial statements that the Borrower or any Regulated Insurance Company periodically files with the Applicable Regulatory Insurance Authority (including all exhibits and schedules thereto), (B) after receipt thereof, copies of all regular and periodic reports of reviews or examinations (including, without limitation, triennial examinations and risk adjusted capital reports) reports of any Regulated Insurance Company that had been Company, delivered to such Person by any Applicable Insurance Regulatory Insurance Authority, insurance commission or similar regulatory authority, (CB) after receipt thereof, written notice of any assertion by any Applicable Insurance Regulatory Insurance Authority or any governmental agency or agencies substituted therefor, as to a violation of any Legal Requirement by any Regulated Insurance Company which is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any other Credit DocumentEffect, (DC) after receipt thereof, a copy of the final report to each Regulated Insurance Company from the NAIC for each fiscal year year, as to such Regulated Insurance Company's compliance or noncompliance with each of the NAIC Tests, (E) after receipt thereof, a copy of any new rating analysis by any rating agency for each Regulated Insurance Company, (FD) after receipt thereof, a copy of any notice of termination, cancellation or recapture of any Reinsurance Agreement or Retrocession Agreement to which a Regulated Insurance Company is a party to the extent such termination or cancellation may is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect, (GE) and in any event within three ten Business Days after receipt thereof, copies of any notice of actual suspension, termination or revocation of any license of any Regulated Insurance Company by any Applicable Insurance Regulatory Insurance Authority (other than any termination voluntarily effected by such Regulated Insurance Company)Authority, including any request by an Applicable Insurance Regulatory Insurance Authority which commits a Regulated Insurance Company to take or refrain from taking any material action or which otherwise materially affects the authority of such Regulated Insurance Company to conduct its business business, and (HF) and in any event within three ten Business Days after any Responsible Officer of the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of any actual changes in the insurance laws enacted in any state jurisdiction in which any Regulated Insurance Company is domiciled which could reasonably be expected to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect.
Appears in 1 contract
Samples: Credit Agreement (Universal American Financial Corp)
Other Regulatory Statements and Reports. Promptly, and without duplication in respect of any other reporting requirement, Promptly (A) after their becoming available, copies of any statutory financial statements that the Borrower or any Regulated Insurance Company periodically files with the Applicable Regulatory Insurance Authority (including all exhibits and schedules thereto), (B) after receipt thereof, copies of all regular and periodic reports of reviews or examinations (including, without limitation, triennial examinations and risk adjusted capital reports) reports of any Regulated Insurance Company that had been Company, delivered to such Person by any Applicable Insurance Regulatory Insurance Authority, insurance commission or similar regulatory authority, (CB) after receipt thereof, written notice of any assertion by any Applicable Insurance Regulatory Insurance Authority or any governmental agency or agencies substituted therefor, as to a violation of any Legal Requirement by any Regulated Insurance Company which is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any other Credit DocumentEffect, (DC) after receipt thereof, a copy of the final report to each Regulated Insurance Company from the NAIC for each fiscal year year, as to such Regulated Insurance Company's compliance or noncompliance with each of the NAIC Tests, (E) after receipt thereof, a copy of any new rating analysis by any rating agency for each Regulated Insurance Company, (FD) after receipt thereof, a copy of any notice of termination, cancellation or recapture of any Reinsurance Agreement or Retrocession Agreement to which a Regulated Insurance Company is a party to the extent such termination or cancellation may is likely to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect, (GE) and in any event within three two Business Days after receipt thereof, copies of any notice of actual suspension, termination or revocation of any license of any Regulated Insurance Company by any Applicable Insurance Regulatory Insurance Authority (other than any termination voluntarily effected by such Regulated Insurance Company)Authority, including any request by an Applicable Insurance Regulatory Insurance Authority which commits a Regulated Insurance Company to take or refrain from taking any material action or which otherwise materially affects the authority of such Regulated Insurance Company to conduct its business business, and (HF) and in any event within three ten Business Days after any Responsible Officer of the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of any actual changes in the insurance laws enacted in any state jurisdiction in which any Regulated Insurance Company is domiciled which could reasonably be expected to have a Material Adverse Effect or a material adverse effect on the ability of the Borrower to perform its obligations hereunder or under any Credit DocumentEffect.
Appears in 1 contract
Samples: Credit Agreement (Universal American Financial Corp)