Contingency Reserve Amount definition

Contingency Reserve Amount. As of any date of determination, with respect to any Regulated Insurance Company, the aggregate amount of contingency reserve of such Regulated Insurance Company at such time (as determined in accordance with SAP), as included in aggregate write-ins for liabilities on page 3, line 25, column 1 of the most recent financial statement of such Regulated Insurance Company and as reported as “Contingency reserve” in the Details of Write-Ins of such financial statement of such Regulated Insurance Company (or equivalent page, line or statement, to the extent that any thereof is modified or replaced) or equivalent form in the applicable jurisdiction in which such Regulated Insurance Company operates.
Contingency Reserve Amount means, as of any date of determination, with respect to any Regulated Insurance Company, the aggregate amount of contingency reserve of such Regulated Insurance Company at such time (as determined in accordance with SAP), as included in Aggregate write-ins for liabilities on page 3, line 25, column 1 of the most recent Statutory Statement of such Regulated Insurance Company and as reported as “Contingency reserve” in the Details of Write-Ins of such Statutory Statement of such Regulated Insurance Company (or equivalent page, line or statement, to the extent that any thereof is modified or replaced) or equivalent form in the applicable jurisdiction in which such Regulated Insurance Company operates.
Contingency Reserve Amount means the amount described in subsection 2.3(1);

Examples of Contingency Reserve Amount in a sentence

  • On the Final Completion Date, the Partnership may direct the Collateral Trustee to transfer an amount not exceeding in the aggregate the Contingency Reserve Amount, if any, from the Bank Loan and Equity Funding Account and the Bond Proceeds Account to the Contingency Reserve Account.


More Definitions of Contingency Reserve Amount

Contingency Reserve Amount means as of any date of determination, with respect to any Regulated Insurance Company, the aggregate amount of contingency reserve of such Regulated Insurance Company at such time (as determined in accordance with SAP), as included in aggregate write-ins for liabilities on page 3, line 25, column 1 of the most recent financial statement of such Regulated Insurance Company and as reported as “Contingency reserve” in the “Details of Write-Ins” as specified in the notes to the financial statement of such Regulated Insurance Company (or equivalent page, line or statement, to the extent that any thereof is modified or replaced) or equivalent form in the applicable jurisdiction in which such Regulated Insurance Company operates.
Contingency Reserve Amount means, at the Final Completion Date, the unused amount remaining from the amount budgeted for contingencies during the construction of the Xxxxx Project as set forth in the Base Case Model.

Related to Contingency Reserve Amount

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.