Applicable Insurance Laws definition

Applicable Insurance Laws means any law, treaty, convention, code, statute, ordinance, directive, rule, regulation or common law applicable to a Regulated Insurance Entity or the ownership and control of such entities.
Sample 1Sample 2Sample 3
Applicable Insurance Laws. Section 5.7.2
Sample 1Sample 2
Applicable Insurance Laws means the insurance code and statutes of Arizona and all publicly available rules, regulations, policy statements and other guidance thereunder and the order or approval of the Applicable Regulator authorizing the Company to issue this Surplus Note. In the event the Company changes its state of domicile, the law of its new domicile will be deemed to apply in the event of a conflict with the expression provisions of this Surplus Note.
Sample 1Sample 2

Examples of Applicable Insurance Laws in a sentence

  • Notwithstanding the foregoing or anything to the contrary herein contained or implied, principal of and premium, if any, and interest on the Securities shall be (i) payable solely from and to the extent, if any, of Available Surplus, (ii) subject to the prior approval of the Applicable Insurance Regulatory Authority therefor and (iii) subject to any other restrictions set forth under Applicable Insurance Laws (the foregoing, collectively, the “Payment Restrictions”).

  • After the Timberwolves had three disappointing seasons, Garnett moved to the Boston Celtics in 2007.

  • Each of the Company and the Restricted Subsidiaries will cooperate in the preparation and prosecution of such notices or applications as may be necessary to secure approvals or otherwise permit such transfer or assignment or otherwise permit the Holders and the Trustee and such assignees to exercise any of their rights and remedies under the Note Documents, in compliance with Applicable Insurance Laws at such times and in a manner consistent with the requirements of the Note Documents.

  • To the best knowledge of the Company, all written contracts or agreements between any Agent, on one hand, and the Company, on the other hand, are in compliance with Applicable Insurance Laws.

  • Each reporting person owns assets that qualify as admitted assets in an amount at least equal to the sum of all such reserves and liability amounts and its minimum statutory capital and surplus as required by Applicable Insurance Laws.

  • Until repaid, all statements published or filed with the Applicable Regulatory Authority by the Company shall show all outstanding principal amounts under the Surplus Notes in accordance with the Applicable Insurance Laws.

  • Subject to the description set forth in Section 4.12 of the Company Disclosure Schedule, the Company and each of the Subsidiaries own assets that qualify as admitted assets under Applicable Insurance Laws in an amount at least equal to the sum of all such reserves and liability amounts and its minimum statutory capital and surplus as required by the insurance laws, rules and regulations of Tennessee or, to the extent material to the Company and the Subsidiaries taken as a whole, any other jurisdiction.

  • Each Note Party will comply, and shall cause each of its Subsidiaries to comply, with the requirements of all applicable Laws and orders of any Governmental Authority (including all applicable Environmental Laws and Applicable Insurance Laws), except for any noncompliance which would not individually or in the aggregate could not be reasonably expected to have a Material Adverse Effect.

  • Any premium rates with respect to Policies currently issued required to be filed with or approved by applicable Governmental Authorities under Applicable Insurance Laws have been so filed or approved and premiums charged conform thereto in all material respects.

  • Notwithstanding the foregoing, to the extent applicable to the Company, all accounting terms used herein and not expressly defined shall have the meanings assigned to such terms in accordance with statutory accounting principles, and the term “statutory accounting principles” means such accounting principles as are prescribed or permitted by Applicable Insurance Laws or the Applicable Regulatory Authority at the time of any computation.


More Definitions of Applicable Insurance Laws

Applicable Insurance Laws has the meaning set forth in Section 4.17(b).
Sample 1Sample 2
Applicable Insurance Laws shall have the meaning set forth in Section 3.5(e).
Sample 1Sample 2
Applicable Insurance Laws means insurance laws, rules and regulations of the jurisdiction of domicile of or otherwise applicable to an Insurance Company.
Sample 1
Applicable Insurance Laws means (a) the insurance code and statutes of the Company's state of domicile, including but not limited to 215 ILCS 5/34.1 and 50 Ill. Adm. Code 201, (b) all published regulations, bulletins and rulings thereunder, and (c) that certain approval letter of the Applicable Regulatory Authority dated May 25, 2004 authorizing the initial issuance by the Company of a Surplus Note hereunder.
Sample 1
Applicable Insurance Laws shall have the meaning specified in Section 3.14(b)(i).
Sample 1
Applicable Insurance Laws means (a) the insurance code and statutes of the Company’s state of domicile, (b) all published regulations, bulletins and rulings thereunder, and (c) that certain approval letter of the Applicable Regulatory Authority dated September 22, 2005 authorizing the initial issuance by the Company of a Surplus Note hereunder.
Sample 1

Related to Applicable Insurance Laws

  • Insurance Laws means the Applicable Law relating to or regulating the business and products of insurance, including all applicable Orders and directives of Insurance Regulatory Authorities.

  • Flood Insurance Laws means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto.

  • Applicable Insurance Regulatory Authority means, when used with respect to any Insurance Subsidiary, the insurance department or similar administrative authority or agency located in the state in which such Insurance Subsidiary is domiciled.

  • Required Insurances means collectively the Project Facility Insurances and the Contractor Insurances.

  • Required Insurance shall have the meaning provided in Section 9.03.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • 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.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Acceptable Insurance Default shall have the meaning assigned to such term or analogous term in the Servicing Agreement.

  • Franchise insurance means an individual insurance policy provided through a

  • Blanket insurance policy means a group policy covering a defined class of

  • Hazard Insurance A fire and casualty extended coverage insurance policy insuring against loss or damage from fire and other perils covered within the scope of standard extended hazard coverage naming the Servicer, its successors and assigns, as a mortgagee under a standard mortgagee clause, together with all riders and endorsements thereto.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Insurance Regulator means, with respect to any jurisdiction, the Governmental Authority charged with the supervision of insurance companies in such jurisdiction.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Federal Flood Insurance means federally backed Flood Insurance available under the National Flood Insurance Program to owners of real property improvements located in Special Flood Hazard Areas in a community participating in the National Flood Insurance Program.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • 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.

  • Guaranteed automobile protection insurance means insurance offered in

  • Flood Insurance Regulations means (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 (amending 42 USC 4001, et seq.), as the same may be amended or recodified from time to time, and (iv) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Insurance Requirements means, collectively, all provisions of the Insurance Policies, all requirements of the issuer of any of the Insurance Policies and all orders, rules, regulations and any other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) binding upon each Loan Party which is an owner of Mortgaged Property and applicable to the Mortgaged Property or any use or condition thereof.