Common use of Statutory Surplus Clause in Contracts

Statutory Surplus. The Borrower will not permit Consolidated Statutory Surplus for any fiscal quarter then ending to be less than the following amounts for the period corresponding thereto, with dollars expressed in millions (it being understood that any adjustments to Consolidated Statutory Surplus required to be made by any Department of Insurance in an aggregate amount not in excess of $25,000,000 shall not be taken into account in ----- determining the Borrower's compliance with this section and that the amount by which any such adjustments for such fiscal year exceed $25,000,000 shall be so taken into account):

Statutory Surplus. The Borrower will not permit Consolidated Statutory Surplus for any fiscal quarter then ending to be less than the following amounts for the period corresponding thereto, with dollars expressed in millions (it being understood that any adjustments to Consolidated Statutory Surplus required to be made by any Department of Insurance in an aggregate amount not in excess of $25,000,000 shall not be taken into account in ----- determining the Borrower's compliance with this section and that the amount by which any such adjustments for such fiscal year exceed $25,000,000 shall be so taken into account):

Statutory Surplus. The Borrower will not permit Consolidated Statutory Surplus ----------------- for any fiscal quarter then ending to be less than the following amounts for the period corresponding thereto, with dollars expressed in millions (it being understood that any adjustments to Consolidated Statutory Surplus required to be made for the fiscal year ended December 31, 1998 by any the Alabama Department of Insurance in an aggregate amount not in excess of $25,000,000 shall not be taken into account in ----- determining the Borrower's compliance with this section Section and that the amount by which any such adjustments for such fiscal year exceed $25,000,000 shall be so taken into account):

Statutory Surplus. The Borrower will not permit Consolidated Statutory Surplus for any fiscal quarter then ending to be less than the following amounts for the period corresponding thereto, with dollars expressed in millions (it being understood that any adjustments to Consolidated Statutory Surplus required to be made by any Department of Insurance in an aggregate amount not in excess of $25,000,000 shall not be taken into account in ----- determining the Borrower's ----- compliance with this section and that the amount by which any such adjustments for such fiscal year exceed $25,000,000 shall be so taken into account):