Captive Insurance Subsidiaries means, collectively or individually as of any date of determination, those regulated Subsidiaries of the Borrower primarily engaged in the business of providing insurance and insurance-related services to the Borrower, its other Subsidiaries and certain other Persons.
Captive Insurance Subsidiaries means, collectively or individually as of any date of determination, those regulated Subsidiaries of the Parent primarily engaged in the business of providing insurance and insurance related services to the Parent, its other Subsidiaries and certain other Persons.
Captive Insurance Subsidiaries means Celwood Insurance Company and Xxxxxx Insurance Limited, and any successor to either thereof to the extent such successor constitutes a Subsidiary.
Examples of Captive Insurance Subsidiaries in a sentence
Except for the Borrower’s Captive Insurance Subsidiaries, none of such insurance companies isan Affiliate of the Borrower.
Captive Insurance Subsidiaries of MREITs Can Further the FHLB Housing Mission Members of the MREIT Council believe that the admission of captive insurance subsidiaries of real estate businesses that are aligned with the mission of the FHLBs will continue to strengthen the FHLB system and thereby expand housing finance credit.
Except for the Borrower’s Captive Insurance Subsidiaries, none of such insurance companies is an Affiliate of the Borrower.
More Definitions of Captive Insurance Subsidiaries
Captive Insurance Subsidiaries means Social Services Providers, Captive Insurance Co., an Arizona corporation, Provado Insurance Services, Inc., a South Carolina corporation and any other regulated Subsidiary of the Borrower primarily engaged in the business of providing insurance and insurance-related services to the Borrower, its other Subsidiaries and certain other Persons.
Captive Insurance Subsidiaries means Celwood Insurance Company and Xxxxxx Insurance Limited, and any successor to either of them, in each case to the extent such Person constitutes a Subsidiary.
Captive Insurance Subsidiaries means Celwood Insurance Company and Elwood Insurance Limited, and any successor to either thereof to the exxxxx xuch successor constitutes a Subsidiary.
Captive Insurance Subsidiaries means, collectively or individually as of any date of determination, those regulated Subsidiaries of Parent primarily engaged in the business of providing insurance and insurance-related services to Parent, its other Subsidiaries and certain other Persons. “Cash Dominion Period” shall mean each period (following the Closing Date) commencing on the date when any Cash Dominion Trigger shall occur and continuing thereafter until and through the applicable Cash Dominion Suspension Date. “Cash Dominion Trigger” shall mean any of the following: (x) the occurrence on any day of any Event of Default, or (z) at the close of business on any applicable Business Day, Borrowers shall have had Undrawn Availability in an amount less than the amount that is fifteen percent (15%) of Maximum Revolving Advance Amount at the close of business on five (5) consecutive Business Days. “Cash Dominion Suspension Date” shall mean, as to any Cash Dominion Period, the first day following the date of the occurrence of any Cash Dominion Trigger on which all of the following conditions (the “Cash Dominion Suspension Conditions”) have been satisfied: (x) no Event of Default shall have occurred and be outstanding, and (y) at the close of business on any applicable Business Day, Borrowers shall have had Undrawn Availability in an amount equal to or greater than the amount that is fifteen percent (15%) of Maximum Revolving Advance Amount at the close of business on 30 consecutive days; provided that, no more than two (2) Cash Dominion Suspension Dates terminating associated Cash Dominion Periods may occur during any rolling period of 12 consecutive months (and, for the avoidance of doubt, in the event that any Cash Dominion Suspension Date is prevented from occurring when it otherwise would occur under this definition solely due to the foregoing provisions of this proviso, then such Cash Dominion Suspension Date shall be deferred to and shall occur on the next date thereafter when all the Cash Dominion Suspension Conditions under this definition have been satisfied and the occurrence of such Cash Dominion Suspension Date would not violate the provisions of this proviso). “Cash Equivalents” shall mean (a) marketable direct obligations or securities issued by, or fully guaranteed by, the United States or issued by any agency thereof and backed by the full faith and credit of the United States, in each case maturing within one year from the date of acquisition thereof, (b) marketable direct obl...