Common use of Risk-Based Capital Clause in Contracts

Risk-Based Capital. The Total Adjusted Capital of each of Purchaser and LLANY exceeds its Company Action Level Risk Based Capital ("RBC") (as those terms are defined by Applicable Law in the states of Indiana (with respect to Purchaser) and New York (with respect to LLANY)).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Aetna Life Insurance & Annuity Co /Ct), Coinsurance Agreement (Lincoln National Corp)

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Risk-Based Capital. The Total Adjusted Capital of each of Purchaser and LLANY Seller exceeds its Company Action Level Risk Based Capital ("RBC") (as those terms are defined by Applicable Law in the states State of Indiana (with respect to Purchaser) and New York (with respect to LLANY)Connecticut).

Appears in 2 contracts

Samples: Coinsurance Agreement (Lincoln National Corp), Asset Purchase Agreement (Aetna Life Insurance & Annuity Co /Ct)

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