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.
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.
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.
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.
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 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.
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 2-A1 Subgroup 2 Component, Class 2-A1 Subgroup 3 Component, Class 2-A1 Subgroup 4 Component, Class 2-AB Subgroup 2 Component, Class 2- AB Subgroup 3 Component or Class 2-AB Subgroup 4 Component, as applicable.
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.
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 PO Component, the Class CX-1 Subgroup 2-A PO Component, the Class CX-2-PPP Subgroup 1-B PO Component or the Class CX-2-PPP Subgroup 2-B Component, as applicable.
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.”
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 DA Group 4 Component, the Class DA Group 5 Component, the Class CA-1B Group 1 Component, the Class CA-1B Group 2 Component, the Class CA-1B Group 3 Component, the Class DA-1B Group 4 Component, the Class DA-1B Group 5 Component, the Class X-1 Group 1 Component, the Class X-1 Group 2 Component, the Class X-1 Group 4 Component, the Class X-2 Group 3 Component or the Class X-2 Group 5 Component, as applicable.
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.
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.