Common use of Regulated Insurance Companies Clause in Contracts

Regulated Insurance Companies. Each of the Members and the Company acknowledges that the Insurance Subsidiaries are regulated Entities whose businesses are subject to laws, regulations, directives or orders issued from time to time by the relevant regulators and no term or condition of this Agreement shall be interpreted in any manner that would require any Member or the Company to take any action (or cause such action to be taken) that would violate such Laws, regulations, directives or orders.

Appears in 4 contracts

Samples: Purchase Agreement (American International Group Inc), Limited Liability Company Agreement (American International Group Inc), Limited Liability Company Agreement (American International Group Inc)

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