Complying Insurance Company definition

Complying Insurance Company. With respect to a transfer of a Certificate, a transferee that satisfies the following conditions: (i) such transferee is an insurance company, (ii) the source of funds used by it to acquire or hold such Certificate is an “insurance company general account” (within the meaning of Department of Labor Prohibited Transaction Class Exemption (“PTCE”) 95-60) and (iii) the conditions in Sections I and III of PTCE 95-60 have been satisfied. Cooperative: A private, cooperative housing corporation which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock.
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Complying Insurance Company. With respect to a transfer of a Certificate, a transferee that satisfies the following conditions: (i) such transferee is an insurance company, (ii) the source of funds used by it to acquire or hold such Certificate is an “insurance company general account” (within the meaning of Department of Labor Prohibited Transaction Class Exemption (“PTCE”) 95-60) and (iii) the conditions in Sections I and III of PTCE 95-60 have been satisfied.
Sample 1Sample 2Sample 3
Complying Insurance Company. With respect to a transfer of a Certificate, a transferee that satisfies the following conditions: (i) such transferee is an insurance company, (ii) the source of funds used by it to acquire or hold such Certificate is an “insurance company general account” (within the meaning of Department of Labor Prohibited Transaction Class Exemption (“PTCE”) 95-60) and (iii) the conditions in Sections I and III of PTCE 95-60 have been satisfied. Component: The Class CA-1B Group 1 Component, the Class CA-1B Group 2 Component, the Class CA-1C Group 1 Component, the Class CA-1C Group 2 Component, the Class CX-1 Subgroup 1-A IO Component, the Class CX-1 Subgroup 1-A PO Component, the Class CX-1 Subgroup 2-A IO Component, the Class CX-1 Subgroup 2-A PO Component, the Class CX-2-PPP Subgroup 1-B IO Component, the Class CX-2-PPP Subgroup 1-B PO Component, the Class CX-2-PPP Subgroup 2-B IO Component or the Class CX-2-PPP Subgroup 2-B Component, as applicable.
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Examples of Complying Insurance Company in a sentence

  • If this Certificate (OR ANY INTEREST HEREIN) IS ACQUIRED OR HELD BY ANY PERSON THAT DOES NOT SATISFY THE CONDITIONS DESCRIBED IN THE PRECEDING PARAGRAPH, THEN THE LAST preceding Transferee that either (i) is not a Plan Investor, (II) ACQUIRED SUCH CERTIFICATE IN COMPLIANCE WITH THE RFC EXEMPTION, or (III) is a Complying Insurance Company shall be restored, to the extent permitted by law, to all rights and obligations as Certificate Owner thereof retroactive to the date of such Transfer of this Certificate.

  • Each page of the tender document should be signed by the bidder as proof of having read the contents therein and to ensure that bidders do not plead ignorance of the contents subsequently.

  • As described above, any transferee of this Certificate will be deemed to have represented by virtue of its purchase or holding of this Certificate (or any interest herein) that either (a) such transferee is not a Plan or a Plan Investor, or (b) the transferee is a Complying Insurance Company.

  • The Trustee shall be under no liability to any Person for making any payments due on any Certificate to such preceding transferee that is not a Plan Investor or a Complying Insurance Company.

  • As described above, any transferee of a Class A Certificate not rated at least "AA-" (or its equivalent) by Standard & Poor's or Moody's at the time of purchase wixx xx xeemed to have represented by virtue of its purchase or holding of such Certificate (or any interest herein) that either (a) such transferee is not a Plan or a Plan Investor, or (b) the transferee is a Complying Insurance Company.

  • If any Book-Entry Certificate (or any interest therein) is acquired or held in violation of the provisions of Section 5.02(d) above, then the last preceding Transferee that either (i) is not a Plan Investor or (ii) is a Complying Insurance Company shall be restored, to the extent permitted by law, to all rights and obligations as Certificate Owner thereof retroactive to the date of such Transfer of such Certificate.

  • Formulation development was based on the pharmaceutical characteristics and dissolution profile of the innovator Diovan.

  • The Trustee shall be under no liability to any Person for making any payments due on any Certificate to such preceding transferee that is not a Plan Investor or a Complying Insurance Company).

  • As described above, any transferee of this Certificate will be deemed to have represented by virtue of its purchase or holding of this Certificate (or any interest herein) that either (a) such transferee is not an ERISA Plan or an ERISA Plan Investor, or (b) the transferee is a Complying Insurance Company.

  • As described above, any transferee of a Class A-1, Class A-2 or Class A-3A Certificate not rated at least "AA-" (or its equivalent) by Standard & Poor's or Moody's at the time of purchase or Class A-3B Certificate will be deemed to havx xxxxesented by virtue of its purchase or holding of such Certificate (or any interest herein) that either (a) such transferee is not a Plan or a Plan Investor, or (b) the transferee is a Complying Insurance Company.


More Definitions of Complying Insurance Company

Complying Insurance Company. With respect to a transfer of a Certificate, a transferee that satisfies the following conditions: (i) such transferee is an insurance company, (ii) the source of funds used by it to acquire or hold such Certificate is an “insurance company general account” (within the meaning of Department of Labor Prohibited Transaction Class Exemption (“PTCE”) 95-60) and (iii) the conditions in Sections I and III of PTCE 95-60 have been satisfied. Component: The Class CA-1B Group 1 Component, Class CA-1B Group 2 Component, Class CA-1C Group 1 Component, Class CA-1C Group 2 Component, Class CX-PPP Loan Group 1 IO Component, Class CX-PPP Loan Group 1 PO Component, Class CX-PPP Loan Group 2 IO Component or Class CX-PPP Loan Group 2 PO Component, as applicable.
Sample 1
Complying Insurance Company. With respect to a transfer of a Certificate, a transferee that satisfies the following conditions: (i) such transferee is an insurance company, (ii) the source of funds used by it to acquire or hold such Certificate is an "insurance company general account" (within the meaning of Department of Labor Prohibited Transaction Class Exemption ("PTCE") 95-60) and (iii) the conditions in Sections I and III of PTCE 95-60 have been satisfied. Component: The Class CA-1B Group 1 Component, Class CA-1B Group 2 Component, Class CA-1C Group 1 Component or Class CA-1C Group 2 Component, as applicable.
Sample 1Sample 2
Complying Insurance Company. With respect to a transfer of a Certificate, a transferee that satisfies the following conditions: (i) such transferee is an insurance company, (ii) the source of funds used by it to acquire or hold such Certificate is an “insurance company general account” (within the meaning of Department of Labor Prohibited Transaction Class Exemption (“PTCE”) 95-60) and (iii) the conditions in Sections I and III of PTCE 95-60 have been satisfied. Component: The Class 2-AB Subgroup 1 Component, Class 2-AB Subgroup 2 Component, Class 2-AB Subgroup 3 Component, Class 2-AB Subgroup 4 Component or Class 2-AB Subgroup 5 Component, as applicable.
Sample 1
Complying Insurance Company. With respect to a transfer of a Certificate, a transferee that satisfies the following conditions: (i) such transferee is an insurance company, (ii) the source of funds used by it to acquire or hold such Certificate is an "insurance company general account" (within the meaning of Department of Labor Prohibited Transaction Class Exemption ("PTCE") 95-60) and (iii) the conditions in Sections I and III of PTCE 95-60 have been satisfied. Component: The Class CA-1B Group 1 Component, Class CA-1B Group 2 Component, Class CA-1C Group 1 Component or Class CA-1C Group 2 Component, as applicable. Component Principal Balance: For any Component of the Class CA-1B-L and Class CA-1C-L Regular Interests, the applicable initial Component Principal Balance therefor set forth in the Preliminary Statement hereto, corresponding to the rights of the related Class in payments of principal due to be passed through to such Class in respect of such Component from principal payments on the REMIC III Regular Interests, as reduced from time to time by (x) distributions of principal in reduction of such Component Principal Balance and (y) the portion of Realized Losses allocated in reduction of such Component Principal Balance pursuant to the definition of "Realized Loss" with respect to a given Distribution Date, and as increased from time to time by the portion of Net Negative Amortization Amounts allocated to such Component Principal Balance pursuant to the definition of "Net Negative Amortization Amount" with respect to a given Distribution Date. For any Distribution Date, the reduction of each Component Principal Balance pursuant to the definition of "Realized Loss" and the increase in a Component Principal Balance pursuant to the definition of "Net Negative Amortization Amount" shall be deemed effective after the determination and distribution of principal in reduction of such Component Principal Balance pursuant to the definition of "REMIC III Distribution Amount." Notwithstanding the foregoing, any amounts distributed in respect of Realized Losses allocable to principal pursuant to paragraph (I)(C)(xliii), (II)(A)(v) or (II)(B)(v) of the definition of "REMIC III Distribution Amount" shall not cause a reduction in the Component Principal Balance of any Component of the Class CA-1B-L and Class CA-1C-L Regular Interests. The Component Principal Balance for the Class CA-1B Group 1 Component shall be referred to as the "Class CA-1B Group 1 Component Principal Balance," the Componen...
Sample 1
Complying Insurance Company. With respect to a transfer of a Certificate, a transferee that satisfies the following conditions: (i) such transferee is an insurance company, (ii) the source of funds used by it to acquire or hold such Certificate is an “insurance company general account” (within the meaning of Department of Labor Prohibited Transaction Class Exemption (“PTCE”) 95-60) and (iii) the conditions in Sections I and III of PTCE 95-60 have been satisfied. Component: The Class CA-1B Group 1 Component, the Class CA-1B Group 2 Component, the Class CA-1C Group 1 Component, the Class CA-1C Group 2 Component, the Class CX-1 Subgroup 1-A IO Component, the Class CX-1 Subgroup 1-A PO Component, the Class CX-1 Subgroup 2-A IO Component, the Class CX-1 Subgroup 2-A PO Component, the Class CX-2-PPP Subgroup 1-B IO Component, the Class CX-2-PPP Subgroup 1-B PO Component, the Class CX-2-PPP Subgroup 2-B IO Component, the Class CX-2-PPP Subgroup 2-B Component, the Class DA-1B Group 3 Component, the Class DA-1B Group 4 Component, the Class DA-1B Group 5 Component, the Class DA-1C Group 3 Component, the Class DA-1C Group 4 Component, the Class DA-1C Group 5 Component, the Class EX-PPP Loan Group 3 IO Component, the Class EX-PPP Loan Group 3 PO Component, the Class EX-PPP Loan Group 4 IO Component or the Class EX-PPP Loan Group 4 PO Component, as applicable.
Sample 1
Complying Insurance Company. With respect to a transfer of a Certificate, a transferee that satisfies the following conditions: (i) such transferee is an insurance company, (ii) the source of funds used by it to acquire or hold such Certificate is an “insurance company general account” (within the meaning of Department of Labor Prohibited Transaction Class Exemption (“PTCE”) 95-60) and (iii) the conditions in Sections I and III of PTCE 95-60 have been satisfied. Component: The Class CA-1B Group 1 Component, the Class CA-1B Group 2 Component, the Class CA-1B Group 3 Component, the Class DX-PPP Group 1 Component, the Class DX-PPP Group 2 Component, the Class DX-PPP Group 3 Component or the Class DX-PPP Group 4 Component, as applicable.
Sample 1

Related to Complying Insurance Company

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • 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.

  • Title Insurance Company means the company that has or will issue the title policies with respect to a Leased Property, which company shall be reasonably acceptable to the Funding Parties.

  • 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.

  • Underlying insurance means the DESIGNATED UNDERLYING POLICY and all insurances affording professional liability insurance coverage to any INSURED hereunder which are considered to be primary to this insurance, including without limitation, any such mandatory insurance coverage afforded any INSURED by any law society or other program, and any such non-mandatory insurances purchased as coverage or primary to (beneath) this POLICY coverage, but in no case shall include any insurance specifically acquired and stated to be in excess of this POLICY. Signed on behalf of Lawyers’ Professional Indemnity CompanyDaniel E. PinningtonDaniel E. PinningtonPresident and Chief Executive Officer Endorsement No . 1pollutIon exClusIonThis POLICY, subject to all its terms and conditions not in conflict with this endorsement, and further to Part III Exclusion (g), shall include the following:This insurance does not apply to:(a) damage arising out of the actual, alleged or threatened discharge, seepage, dispersal, release or escape of pollutants:

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Insurance Advisor means Aon Risk Services and any replacement thereof appointed by the Required Secured Parties and, if no Event of Default shall then be occurring, after consultation with the Borrower.

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

  • 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.

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

  • Existing insurer means the insurance company whose policy or contract is or will be changed or affected in a manner described within the definition of “replacement.”

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

  • Captive insurance company means any pure captive insurance company, association captive

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • R&W Insurer means AIG Specialty Insurance Company.

  • 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.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

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

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Insurance Commissioner means the Insurance Commissioner

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.