Affiliated Insurers definition

Affiliated Insurers means, collectively, Affiliated Life Insurers and Affiliated P&C Insurers.
Sample 1Sample 2Sample 3
Affiliated Insurers means insurers that are owned by a common entity or share common control. (§ 83-34-9(1))
Sample 1Sample 2
Affiliated Insurers of Client means any existing domestic life insurer affiliated of Client.
Sample 1

Examples of Affiliated Insurers in a sentence

  • All accounting terms not specifically defined herein with respect to Affiliated Insurers or with respect to the business of insurance shall be construed on a Statutory Accounting Basis (unless otherwise herein specified).

  • Each of Borrower, DGC, the Agency Subsidiaries and the Affiliated Insurers is a corporation duly organized, validly existing and in good standing under the laws of the State of its incorporation, as set out in the initial paragraph of this Loan Agreement; each has the power and authority to own its properties and assets and is duly qualified to carry on its business in every jurisdiction wherein such qualification is necessary.

  • Each of Borrower, the Guarantors and Affiliated Insurers is in material compliance with all applicable provisions of the Employees Retirement Income Security Act of 1974 ("ERISA") and all other laws, state or federal, applicable to any employees' retirement plan maintained or established by it.

  • Prior to the execution of the Fifth Loan Agreement, Borrower requested that FTBNA, Hibernia and Dresdner commit to make advances to it on a revolving credit basis in an amount not to exceed at any one time outstanding the aggregate principal sum of Seventy-Five Million Dollars ($75,000,000.00) to enable it to finance premiums due on insurance contracts (including those written by Affiliated Insurers now existing or thereafter acquired or created).

  • With respect to the Borrower and its Subsidiaries, the Affiliated Insurers shall not retain any risk that is not covered by such agreements with Unaffiliated Insurers.

  • Each of Borrower, the Guarantors and Affiliated Insurers possesses all patents, trademarks, trade names, copyrights, and licenses necessary to the conduct of its business.

  • Permit any person designated by any Bank, at that Bank's expense, to visit and inspect any of the properties, books and financial reports of the Borrower, the Guarantors and Affiliated Insurers, and to discuss their affairs, finances and accounts with their principal officers, at all such reasonable times and as often as such Bank may reasonably request.

  • Prior to the execution of the Fourth Loan Agreement, Borrower requested that FTBNA, Hibernia and Dresdner commit to make advances to it on a revolving credit basis in an amount not to exceed at any one time outstanding the aggregate principal sum of Fifty Million Dollars ($50,000,000.00) to enable it to finance premiums due on insurance contracts (including those written by Affiliated Insurers then existing or thereafter acquired or created).

  • Maintain, preserve, and protect all leases, franchises, and trade names and preserve all the remainder of the properties used or useful in the conduct of the business of Borrower, the Guarantors and Affiliated Insurers substantially as conducted and operated during the present and preceding fiscal year (subject to normal wear and tear), so that the business carried on in connection therewith may be properly conducted at all times.

  • Maintain as to DGC at all times hereafter, commencing December 31, 2002, a minimum capital surplus (including surplus notes) of all Affiliated Insurers on a combined GAAP basis of not less than Forty-Five Million Dollars ($45,000,000.00), increased by the amount of any capital surplus realized from Borrower's and/or DGC's closing of the Junior Facility.


More Definitions of Affiliated Insurers

Affiliated Insurers shall have the meaning ascribed thereto in the Loan Agreement.
Sample 1
Affiliated Insurers. Direct and any other property, casualty insurance company wholly owned, directly or indirectly, by the Company.
Sample 1

Related to Affiliated Insurers

  • Controlled insurer means a licensed insurer that is either directly or indirectly

  • Approved Insurer Each insurance policy shall be issued by insurance companies authorized to do business in the State of Nevada or eligible surplus lines insurers under federal and Nevada law and having agents in Nevada upon whom service of process may be made, and currently rated by A.M. Best as “A-VII” or better.

  • Regulated Insurance Company means any Subsidiary of the Borrower, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

  • Qualified Insurer A mortgage guaranty insurance company duly authorized and licensed where required by law to transact mortgage guaranty insurance business and approved as an insurer by Xxxxxx Xxx or Xxxxxxx Mac.

  • Affiliated Companies shall include any company controlled by, controlling or under common control with the Company.

  • Affiliates means, with respect to the Contractor, any of its corporate affiliates or associates, including parent entities, subsidiaries, and other entities in which it owns a substantial interest.

  • Admitted insurer or "authorized insurer" means an insurer:

  • Nonadmitted insurer means an insurer not licensed to do an insurance business in this State.

  • Named Insured means the person or organization named in Item 1 of the Declarations.

  • Insurers means the underwriters or insurance companies with whom any Obligatory Insurances are effected and the managers of any protection and indemnity or war risks association in which any or the Collateral Vessels may at any time be entered.

  • Affiliated Company means any company controlled by, controlling or under common control with the Company.

  • Authorized insurer means, in the case of an interstate motor carrier whose operations may or may

  • Affiliated Entities means any legal entity, including any corporation, limited liability company, partnership, not-for-profit corporation, estate planning vehicle or trust, which is directly or indirectly owned or controlled by the Stockholder or his or her descendants or spouse, of which such Stockholder or his or her descendants or spouse are beneficial owners, or which is under joint control or ownership with any other person or entity subject to a lock-up agreement regarding the Common Stock with terms substantially identical to this Agreement.

  • Affiliated Persons or "AFFILIATES" means

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Directors means the directors for the time being of the Company.

  • Employees Stock Option” means the option given to the directors, officers or employees of a company or of its holding company or subsidiary company or companies, if any, which gives such directors, officers or employees, the benefit or right to purchase, or to subscribe for, the shares of the company at a future date at a pre-determined price.

  • Affiliated Club means a football club affiliated with the League whose application for Membership has been approved in accordance with the Statement of Rules.

  • Alien insurer means an insurer domiciled outside the United States.

  • Affiliated has a correlative meaning.

  • R&W Insurer means AIG Specialty Insurance Company.

  • Officers Certificate” means a certificate signed on behalf of the Company by two Officers of the Company, one of whom must be the principal executive officer, the principal financial officer, the treasurer or the principal accounting officer of the Company, that meets the requirements of Section 12.05 hereof.

  • Affiliated Society/ies means any persons that are Collecting Societies (or which perform a role similar to Collecting Societies) in jurisdictions outside South Africa with which XXXXX is for the time being affiliated. A list of Affiliated Societies appears on XXXXX’s website and is amended from time to time.

  • Affiliated Entity means any entity controlling, controlled by, or under common control with an Insured.

  • Dental Insurance The District shall contribute $175.00 annually toward the cost of dental insurance whether for single or family coverage for full status employees who qualify for and enroll in the plan. The cost of the premium not contributed by the District for family coverage shall be borne by the employee through payroll deduction. This coverage shall continue for the duration of this contract.

  • Affiliated Party means, with respect to any Purchaser, any person or entity which, directly or indirectly, controls, is controlled by or is under common control with such Purchaser, including, without limitation, any general partner, officer or director of such Purchaser and any venture capital fund now or hereafter existing which is controlled by one or more general partners of, or shares the same management company as, such Purchaser.