Common use of Risk-Based Capital Clause in Contracts

Risk-Based Capital. The Total Adjusted Capital of each Seller exceeds its Company Action Level Risk Based Capital ("RBC") (as those terms are defined by Applicable Law in the State of Connecticut).

Appears in 2 contracts

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

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Risk-Based Capital. The Total Adjusted Capital of each Seller of Purchaser and LLANY exceeds its Company Action Level Risk Based Capital ("RBC") (as those terms are defined by Applicable Law in the State states of ConnecticutIndiana (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), Asset Purchase Agreement (Lincoln National Corp)

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