Common use of Statutory Financial Statements Clause in Contracts

Statutory Financial Statements. The Annual Statements and Quarterly Statements of the Company Insurance Subsidiaries, as filed with the respective departments of insurance for all applicable domiciliary states for the years ended December 31, 1994 and December 31, 1995 (the "Annual Statutory Statements of the Company") and the quarters ended March 31, June 30, and September 30, 1995, and March 31, June 30, and September 30, 1996 (collectively, the "Quarterly Statutory Statements of the Company"), respectively, together with all exhibits and schedules thereto (all Annual Statutory Statements of the Company and all Quarterly Statutory Statements of the Company, together with all exhibits and schedules thereto, referred to in this Section 5.7 are hereinafter referred to as the "Statutory Financial Statements of the Company"), have been prepared in accordance with the applicable State Statutory Accounting Principles, and such accounting practices have been applied on a basis consistent with State Statutory Accounting Principles throughout the periods involved, except as expressly set forth in the notes, exhibits or schedules thereto, and the Statutory Financial Statements of the Company present fairly in all material respects the financial position and the results of operations for the Company Insurance Subsidiaries as of the dates and for the periods therein in accordance with State Statutory Accounting Principles. The Company has delivered to American General Corporation true and complete copies of the Annual Statutory Statements of the Company and the Quarterly Statutory Statements of the Company.

Appears in 2 contracts

Samples: V 7 Agreement and Plan of Merger (Uslife Corp), Agreement and Plan of Merger (American General Corp /Tx/)

AutoNDA by SimpleDocs

Statutory Financial Statements. The Annual Statements and Quarterly Statements of the Company American General Corporation Insurance Subsidiaries, as filed with the respective departments of insurance for all applicable domiciliary states for the years ended December 31, 1994 and December 31, 1995 (the "Annual Statutory Statements of the CompanyAmerican General Corporation") and the quarters ended March 31, June 30, 30 and September 30, 1995, and March 31, June 30, and September 30, 1996 (collectively, the "Quarterly Statutory Statements of the CompanyAmerican General Corporation"), respectively, together with all exhibits and schedules thereto (all Annual Statutory Statements of the Company American General Corporation and all Quarterly Statutory Statements of the CompanyAmerican General Corporation, together with all exhibits and schedules thereto, referred to in this Section 5.7 4.7 are hereinafter referred to as the "Statutory Financial Statements of the CompanyAmerican General Corporation"), have been prepared in accordance with the accounting practices prescribed or permitted by the departments of insurance for all applicable domiciliary states for purposes of financial reporting to the respective state's insurance regulators ("State Statutory Accounting Principles"), and such accounting practices have been applied on a basis consistent with State Statutory Accounting Principles throughout the periods involved, except as expressly set forth in the notes, exhibits or schedules thereto, and the Statutory Financial Statements of the Company American General Corporation present fairly in all material respects the financial position and the results of operations for the Company American General Corporation Insurance Subsidiaries as of the dates and for the periods therein in accordance with State Statutory Accounting Principles. The Company American General Corporation has delivered to American General Corporation the Company true and complete copies of the Annual Statutory Statements of the Company American General Corporation and the Quarterly Statutory Statements of the CompanyAmerican General Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (American General Corp /Tx/), V 7 Agreement and Plan of Merger (Uslife Corp)

Statutory Financial Statements. The Annual Statements and Quarterly Statements of the Company Purchaser Insurance Subsidiaries, as filed with the respective departments of insurance for all applicable domiciliary states for the years ended December 31, 1994 and December 31, 1995 (the "Annual Statutory Statements of the CompanyPurchaser") and the quarters ended March 31, June 30, 30 and September 30, 1995, and March 31, June 30, and September 30, 1996 (collectively, the "Quarterly Statutory Statements of the CompanyPurchaser"), respectively, together with all exhibits and schedules thereto (all Annual Statutory Statements of the Company Purchaser and all Quarterly Statutory Statements of the CompanyPurchaser, together with all exhibits and schedules thereto, referred to in this Section 5.7 4.7 are hereinafter referred to as the "Statutory Financial Statements of the CompanyPurchaser"), have been prepared in accordance with the accounting practices prescribed or permitted by the departments of insurance for all applicable domiciliary states for purposes of financial reporting to the respective state's insurance regulators ("State Statutory Accounting Principles"), and such accounting practices have been applied on a basis consistent with State Statutory Accounting Principles throughout the periods involved, except as expressly set forth in the notes, exhibits or schedules thereto, and the Statutory Financial Statements of the Company Purchaser present fairly in all material respects the financial position and the results of operations for the Company Purchaser Insurance Subsidiaries as of the dates and for the periods therein in accordance with State Statutory Accounting Principles. The Company Purchaser has delivered to American General Corporation the Company true and complete copies of the Annual Statutory Statements of the Company Purchaser and the Quarterly Statutory Statements of the CompanyPurchaser.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Home Beneficial Corp)

Statutory Financial Statements. The Annual Statements and Quarterly Statements of the Company Purchaser Insurance Subsidiaries, as filed with the respective departments of insurance for all applicable domiciliary states for the years ended December 31, 1994 1993 and December 31, 1995 1994 (the "Annual Statutory Statements of the CompanyPurchaser") and the quarters ended March 31, June 30, and September 30, 1995, and March 311994, June 30, 1994, March 31, 1995 and September June 30, 1996 1995 (collectively, the "Quarterly March 31 and June 30 Statutory Statements of the CompanyPurchaser"), respectively, together with all exhibits and schedules thereto (all Annual Statutory Statements of the Company Purchaser and all Quarterly March 31 and June 30 Statutory Statements of the CompanyPurchaser, together with all exhibits and schedules thereto, referred to in this Section 5.7 4.7 are hereinafter referred to as the "Statutory Financial Statements of the CompanyPurchaser"), have been prepared in accordance with the accounting practices prescribed or permitted by the departments of insurance for all applicable domiciliary states for purposes of financial reporting to the state's insurance regulators ("State Statutory Accounting Principles"), and such accounting practices have been applied on a basis consistent with State Statutory Accounting Principles throughout the periods involved, except as expressly set forth in the notes, exhibits or schedules thereto, and the Statutory Financial Statements of the Company Purchaser present fairly in all material respects the financial position and the results of operations for the Company Purchaser Insurance Subsidiaries as of the dates and for the periods therein in accordance with State Statutory Accounting Principles. The Company Purchaser has delivered to American General Corporation the Company true and complete copies of the Annual Statutory Statements of the Company Purchaser and the Quarterly March 31 and June 30 Statutory Statements of the CompanyPurchaser.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Independent Insurance Group Inc)

Statutory Financial Statements. The Annual Statements and Quarterly Statements of the Company Insurance SubsidiariesFPIC, as filed or to be filed with the respective departments of insurance for all applicable domiciliary states California Insurance Department for the years ended December 31, 1994 2004, December 31, 2003 and December 31, 1995 2002 (the "“FPIC Annual Statutory Statements of the Company"Statements”) and for the quarters ended March 31, June 30, and September 30, 1995, and March 31, June 30, and September 30, 1996 2004 (collectively, the "“FPIC Quarterly Statutory Statements of the Company"Statements”), respectively, together with all exhibits and schedules thereto (all Annual FPIC Statutory Statements of the Company and all FPIG Quarterly Statutory Statements of the CompanyStatements, together with all exhibits and schedules thereto, referred to in this Section 5.7 3.7(c) are hereinafter referred to as the "“FPIC Statutory Financial Statements of the Company"Statements”), have been prepared in accordance with the applicable accounting practices prescribed or permitted by the California Insurance Department for purposes of financial reporting (“State Statutory Accounting PrinciplesPractices”), and such accounting practices have been applied on a basis consistent with such State Statutory Accounting Principles Practices throughout the periods involved, except as expressly set forth in the notes, exhibits or schedules thereto, and the FPIC Statutory Financial Statements of the Company present fairly in all material respects the financial position and the results of operations for the Company Insurance Subsidiaries FPIC as of the dates and for the periods therein in accordance with applicable State Statutory Accounting PrinciplesPractices. The Company financial statements contained in the FPIC Annual Statutory Statements have been audited by BDO Xxxxxxx (as to the year 2004) or KPMG (as to prior years), the independent auditors of FPIG, and FPIG has made available to Xxxxxx true and complete copies of all audit opinions related thereto. FPIG has delivered to American General Corporation Xxxxxx true and complete copies of the FPIC Annual Statutory Statements of the Company and the FPIC Quarterly Statutory Statements of the CompanyStatements.

Appears in 1 contract

Samples: Letter Agreement (Mercer Insurance Group Inc)

AutoNDA by SimpleDocs

Statutory Financial Statements. The Annual Statements and Quarterly Statements of the Company Insurance Subsidiaries, as filed with the respective departments of insurance for all applicable domiciliary states Virginia State Corporation Commission for the years ended December 31, 1994 and December 31, 1995 (the "Annual Statutory Statements of the Company") and the quarters ended March 31, June 30, and September 30, 1995, and March 31, June 30, and September 30, 1996 (collectively, the "Quarterly Statutory Statements of the Company"), respectively, together with all exhibits and schedules thereto (all Annual Statutory Statements of the Company and all Quarterly Statutory Statements of the Company, together with all exhibits and schedules thereto, referred to in this Section 5.7 are hereinafter referred to as the "Statutory Financial Statements of the Company"), have been prepared in accordance with the applicable accounting practices prescribed or permitted by the Virginia State Corporation Commission for purposes of financial reporting to the state's insurance regulators ("Virginia Statutory Accounting Principles"), and such accounting practices have been applied on a basis consistent with State Virginia Statutory Accounting Principles throughout the periods involved, except as expressly set forth in the notes, exhibits or schedules thereto, and the Statutory Financial Statements of the Company present fairly in all material respects the financial position and the results of operations for the Company Insurance Subsidiaries as of the dates and for the periods therein in accordance with State Virginia Statutory Accounting Principles. The Company has delivered to American General Corporation Purchaser true and complete copies of the Annual Statutory Statements of the Company and the Quarterly Statutory Statements of the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Home Beneficial Corp)

Statutory Financial Statements. The Annual Statements and Quarterly Statements of each of the Company and the Company Insurance Subsidiaries, as filed with the respective departments of insurance for all applicable domiciliary states for the years ended December 31, 1994 2000, December 31, 1999 and December 31, 1995 1998 (the "Company Annual Statutory Statements of the CompanyStatements") and the quarters ended March 31, 31 and June 30, and September 30, 1995, and March 31, June 30, and September 30, 1996 2001 (collectively, the "Company Quarterly Statutory Statements of the CompanyStatements"), respectively, together with all exhibits and schedules thereto (all Company Annual Statutory Statements of the Company and all Company Quarterly Statutory Statements of the CompanyStatements, together with all exhibits and schedules thereto, referred to in this Section 5.7 5.6 are hereinafter referred to as the "Company Statutory Financial Statements of the CompanyStatements"), have been prepared in accordance with the applicable accounting practices prescribed or permitted by State Statutory Accounting PrinciplesPractices, and such accounting practices have been applied on a basis consistent with such State Statutory Accounting Principles Practices throughout the periods involved, except as expressly set forth in the notes, exhibits or schedules thereto, and the Company Statutory Financial Statements of the Company present fairly in all material respects the financial position and the results of operations for the Company and the Company Insurance Subsidiaries as of the dates and for the periods therein in accordance with applicable State Statutory Accounting PrinciplesPractices. The financial statements contained in the Company Annual Statutory Statements have been audited by PricewaterhouseCoopers LLP, the independent auditors of the Company, and the Company has made available to Sponsor true and complete copies of all audit opinions related thereto. The Company has made available to Sponsor true and complete copies of all examination reports of insurance departments and any insurance regulatory agencies since January 1, 1998 relating to the Company and the Company Insurance Subsidiaries. The Company has delivered to American General Corporation Sponsor true and complete copies of the Company Annual Statutory Statements of and the Company and the Quarterly Statutory Statements of the CompanyStatements.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nationwide Financial Services Inc/)

Time is Money Join Law Insider Premium to draft better contracts faster.