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Common use of RBC Ratio Clause in Contracts

RBC Ratio. As of the Commitment Agreement Date, Insurer’s most recent Projected RBC Ratio is at least [***]% and to Insurer’s knowledge no event (including a change to financial market metrics) has occurred between the date of Insurer’s most recent Projected RBC Ratio and the Commitment Agreement Date that would be expected to cause Insurer’s most recent Projected RBC Ratio to fall below [***]%.

Appears in 2 contracts

Samples: Commitment Agreement (Sysco Corp), Commitment Agreement (Arconic Corp)

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RBC Ratio. As of the Commitment Agreement Date, Insurer’s most recent Projected RBC Ratio is at least [***]% and , and, to Insurer’s knowledge Knowledge, no event (including a change to financial market metrics) has occurred between the date of Insurer’s most recent Projected RBC Ratio and the Commitment Agreement Date that would be expected to cause Insurer’s most recent Projected RBC Ratio to fall below [***]%.

Appears in 1 contract

Samples: Commitment Agreement (Weyerhaeuser Co)

RBC Ratio. As of the Commitment Agreement Date, such Insurer’s most recent Projected RBC Ratio is at least [***]% ] and to such Insurer’s knowledge no event (including a change to financial market metrics) has occurred between the date of such Insurer’s most recent Projected RBC Ratio and the Commitment Agreement Date that would be expected to cause such Insurer’s most recent Projected RBC Ratio to fall below [***]%.

Appears in 1 contract

Samples: Commitment Agreement (Sonoco Products Co)

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RBC Ratio. As of the Commitment Agreement Date, each Insurer’s most recent Projected RBC Ratio is at least [***]350% and to such Insurer’s knowledge no event (including a change to financial market metrics) has occurred between the date of such Insurer’s most recent Projected RBC Ratio and the Commitment Agreement Date that would be expected to cause such Insurer’s most recent Projected RBC Ratio to fall below [***]350%.

Appears in 1 contract

Samples: Commitment Agreement (United States Steel Corp)

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