Risk-Based Capital. If NAIC Risk Based Capital (measured annually) of the Affiliated P&C Insurers on a consolidated basis, computed in accordance with standards adopted by NAIC, as amended from time to time, shall at any time be less than two hundred fifty percent (250%) of the "authorized control level" as defined under such standards.
Appears in 5 contracts
Samples: Loan Agreement (Direct General Corp), Loan Agreement (Direct General Corp), Loan Agreement (Direct General Corp)