Risk-Based Capital Ratio. As of the last day of each Fiscal Year, commencing with the Fiscal Year ending December 31, 2020, the Borrowers shall cause each Regulated Insurance Company to maintain a Risk-Based Capital Ratio of not less than 300%.
Appears in 3 contracts
Samples: Credit Agreement (Fortegra Group, LLC), Credit Agreement (Fortegra Group, LLC), Credit Agreement (Tiptree Inc.)
Risk-Based Capital Ratio. As of the last day of each Fiscal Year, commencing with the Fiscal Year ending December 31, 20202022, the Borrowers shall cause each Regulated Insurance Company to maintain a Risk-Based Capital Ratio of not less than 300%.
Appears in 2 contracts
Samples: Credit Agreement (Fortegra Group, Inc), Credit Agreement (Tiptree Inc.)
