Total Adjusted Capital. Cause IPCC to maintain, as of December 31 of each calendar year, not less than 200% of the Authorized Control Level Risk-Based Capital, as defined by Ala. Code § 27-2B-2, and as calculated in accordance with the instructions adopted by the National Association of Insurance Commissioners, as the same may be modified, supplemented or amended from time to time.
Total Adjusted Capital. On the Computation Date, the total adjusted capital percentage, which is required to be at least 300%, was the following percent for each Insurance Subsidiaries as set forth below as computed in the supporting documents attached hereto as Schedule 2.* Insurance Subsidiary Percentage % % % %
Total Adjusted Capital. (a) Prior to the Sale Date, Borrower shall not permit Total Adjusted Capital of GAICA to be less than the greater of (i) $40,000,000 and (ii) the amount required for the Risk-Based Capital Ratio of GAICA to equal (A) prior to the Reset Date, 275%, or (B) from and after the Reset Date, 250%, as at the last day of any fiscal quarter of GAICA.
Total Adjusted Capital. Guarantor has not permitted the Total Adjusted Capital of Radian Guaranty, Inc. and Radian Reinsurance, Inc. as of the end of any Test Period to be less than $3,000,000,000. A detailed summary of the calculation of Total Adjusted Capital for each of Radian Guaranty, Inc. and Radian Reinsurance, Inc. is provided in Schedule 1 hereto.
Total Adjusted Capital. The Borrower will not permit the Total Adjusted Capital of the Radian Affiliates as of the end of any fiscal quarter to be less than $1,750,000,000.”
Total Adjusted Capital. Permit the Total Adjusted Capital of EMICO at any time to be less than 72.5% of the Total Adjusted Capital of EMICO on the Closing Date;
Total Adjusted Capital. “Total Adjusted Capital” means, with respect to Cedent, its total adjusted capital as calculated in accordance with the most current formula for calculating such amount adopted by the insurance regulatory authority in Cedent’s Domicile.
Total Adjusted Capital. Borrower shall not permit Total Adjusted Capital of MGA to be less than the greater of (a) $70,000,000 and (b) the amount required for Risk-Based Capital Ratio of MGA to equal 275%, as at the last day of any fiscal quarter of MGA. In determining the Risk-Based Capital Ratio of MGA, the loss and loss expense discount factor and the excessive premium growth charge shall only be applied to the private passenger automobile liability and automobile physical damage lines of business of MGA.
Total Adjusted Capital. Parent shall not permit Total Adjusted Capital of XXXX to be less than the greater of (a) $125,000,000 and (b) the amount required for Risk-Based Capital of XXXX to equal 250%, as at the last day of any fiscal quarter of XXXX.
Total Adjusted Capital. Maintain, as of December 31 of each calendar year, not less than 200% of the Authorized Control Level Risk-Based Capital, as defined by Ala. Code § 27-2B-2, and as calculated in accordance with the instructions adopted by the National Association of Insurance Commissioners, as the same may be modified, supplemented or amended from time to time.
