Amounts Available for Dividends means, as to any Person, the maximum amount of dividends such Person is or eventually would be permitted to pay without necessitating approval of the Department under the then-current rules regulating such dividends whether or not such dividends are taken at such time.
Amounts Available for Dividends means (a) as of the end of the first, second and third fiscal quarters of any fiscal year of the Borrower, the maximum cash dividends available to the Borrower from its Regulated Insurance Companies on such date (without prior approval from any Applicable Insurance Regulatory Authority), calculated based on the dividends available for the then most recently ended Test Period but not to exceed the maximum cash dividends allowed by regulators without prior regulatory approval on any such date of determination, and (b) as of the end of the last fiscal quarter of any fiscal year of the Borrower, the maximum cash dividends available to the Borrower from its Regulated Insurance Companies as of the first day of the immediately succeeding fiscal year of the Borrower (without prior approval from any Applicable Insurance Regulatory Authority).
Amounts Available for Dividends means, without duplication, (a) the maximum amount of dividends the Insurance Subsidiaries are permitted to pay under the Applicable Insurance Code of their respective state of domicile without necessitating approval of the applicable Department minus (b) any amounts required to be retained by any applicable Insurance Subsidiary to comply with Sections 10.1 and 10.4 hereof.
More Definitions of Amounts Available for Dividends
Amounts Available for Dividends means (a) as of the end of the first, second and third fiscal quarters of any fiscal year of ACP, the maximum cash dividends, distributions or similar payments on account of Equity Interests available to ACP from its Subsidiaries on such date (without prior approval from any Applicable Insurance Regulatory Authority), calculated based on the dividends, distributions or similar payments on account of Equity Interests available for the then most recently ended Test Period but not to exceed the maximum cash dividends, distributions or similar payments on account of Equity Interests allowed by regulators without prior regulatory approval on any such date of determination, and (b) as of the end of the last fiscal quarter of any fiscal year of ACP, the maximum cash dividends, distributions or similar payments on account of Equity Interests available to ACP from its Subsidiaries as of the first day of the immediately succeeding fiscal year of ACP (without prior approval from any Applicable Insurance Regulatory Authority).
Amounts Available for Dividends means, without duplication, the amount that is paid or may be paid by ZIC as a dividend at any time during the then current calendar year without being an "extraordinary dividend" under Section 1215.5(g) of the California Insurance Code.
Amounts Available for Dividends. For any fiscal year of AEILIC, the maximum amount of dividends AEILIC is permitted to pay for such fiscal year under the Applicable Insurance Code of its state of domicile without necessitating approval of the Insurance Regulatory Authority.
Amounts Available for Dividends means (a) as of the end of each Fiscal Quarter of any Fiscal Year, the maximum aggregate amount of dividends that Jxxxx River Insurance, Stonewood Insurance, JRG Reinsurance and each other Insurance Subsidiary is permitted to pay as of the first day of such Fiscal Year, in each case as permitted under the Applicable Insurance Code of its respective state or other jurisdiction of domicile and, in each case, minus the aggregate amount of dividends paid by Jxxxx River Insurance, Stonewood Insurance, JRG Reinsurance and each other Insurance Subsidiary during such Fiscal Year.
Amounts Available for Dividends means, (a) as of the end of the first, second and third Fiscal Quarters of any Fiscal Year, the maximum aggregate amount of dividends that are permitted to be paid as of the date of determination by (i) American Equity Life, (ii) each other Insurance Subsidiary owned directly by the Borrower and (iii) each other Insurance Subsidiary owned directly by a Wholly-Owned Subsidiary of the Borrower which is not either (A) an Insurance Subsidiary or (B) a Subsidiary of an Insurance Subsidiary, and (b) as of the end of the last Fiscal Quarter of any Fiscal Year, the maximum aggregate amount of dividends that are permitted to be paid as of the first day of the immediately succeeding Fiscal Year by (i) American Equity Life, (ii) each other Insurance Subsidiary owned directly by the Borrower and (iii) each other Insurance Subsidiary owned directly by a Wholly-Owned Subsidiary of the Borrower which is not either (A) an Insurance Subsidiary or (B) a Subsidiary of an Insurance Subsidiary, in each case under clauses (a) and (b), under the Applicable Insurance Code of its state of domicile and without necessitating approval of the Applicable Insurance Regulatory Authority.
Amounts Available for Dividends. For any fiscal year of ACIC, the maximum amount of dividends ACIC is permitted to pay for such fiscal year under the Applicable Insurance Code without necessitating approval of the Insurance Regulatory Authority.
Amounts Available for Dividends means, without duplication, the amount that is paid or may be paid by ZIC as a dividend at any time during the then current calendar year without being an "extraordinary dividend" under Section 1215.5(c) of the California Insurance Code.