Section 32 Direction. Promptly following receipt thereof by the Borrower, notice of any direction or other notification received by the Borrower from the Bermuda Monetary Authority pursuant to Section 32 of the Insurance Act.
Appears in 3 contracts
Sources: Letter of Credit Facility Agreement (Arch Capital Group Ltd.), Letter of Credit Facility Agreement (Arch Capital Group Ltd.), Letter of Credit Facility Agreement (Arch Capital Group Ltd.)
Section 32 Direction. Promptly following receipt thereof by the Borrower, notice of The Borrower shall receive any direction or other notification received by the Borrower from the Bermuda Monetary Authority pursuant to Section 32 of the Insurance Act.
Appears in 2 contracts
Sources: Letter of Credit Facility Agreement (Arch Capital Group Ltd.), Letter of Credit Facility Agreement (Arch Capital Group Ltd.)
Section 32 Direction. Promptly following receipt thereof by the Borrower, notice of any direction or other notification received by the Borrower from the Bermuda Monetary Authority pursuant to Section 32 of the Bermuda Insurance Act.
Appears in 1 contract
Sources: Letter of Credit Facility Agreement (Arch Capital Group Ltd.)