Acceptable Surety Companies definition

Acceptable Surety Companies means surety companies (i) having a long-term unsecured credit rating no less than the equivalent of an A- rating by Standard & Poor's Ratings Group and (ii) acceptable to the Purchaser in its sole discretion.
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Examples of Acceptable Surety Companies in a sentence

  • In furtherance of these objectives, any savings on the annual cost of healthcare will be passed on to employees.

  • Such premium shall begin to accrue on the 31st Business Day after Seller's receipt of the request specified above and shall be payable monthly in arrears on each Payment Date thereafter so long as (A) the long-term unsecured credit rating of any of such Surety Companies shall remain below the level specified in clause (i) of the definition of "Acceptable Surety Companies" or such rating remains withdrawn, and (B) Seller has not otherwise satisfied the obligations of Section 5.04(b)(i), (ii), (iii) or (iv).

Related to Acceptable Surety Companies

  • Leasing company means that term as defined in 49 USC 14504a.

  • Environmental Management Plan or “EMP” means the environmental management plan for the Project, including any update thereto, incorporated in the IEE;

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Foreign professional corporation means a professional corporation organized under laws other than the laws of this state.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Sponsored captive insurance company means a captive insurance company:

  • Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • Sponsor Management Agreement means the Management Agreement between certain of the management companies associated with the Sponsors and the Borrower.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Investment Management Agreement or IMA means the Investment Management Agreement (IMA) dated December 9, 2002, executed between UTI Trustee Company Private Limited and UTI Asset Management Company Limited.

  • Professional limited liability company means a limited

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • General Motors Financial Company, Inc. means General Motors Financial Company, Inc. (f/k/a AmeriCredit Corp.).

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);

  • Bidding Company shall refer to such single company that has made a Response to RFP for the Project;

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.