Examples of Delaware Commissioner in a sentence
Notwithstanding the generality of the foregoing, each party hereto further agrees to furnish the Delaware Commissioner of Insurance with any information or reports in connection with services provided under this Agreement which such Commissioner may request in order to ascertain whether the variable annuity operations of GALIC are being conducted in a manner consistent with the Delaware Variable Annuity Regulations and any other applicable law or regulations.
Notwithstanding the generality of the foregoing, each party hereto further agrees to furnish the Delaware Commissioner of Insurance with any information or reports in connection with services provided under this Agreement which such Commissioner may request in order to ascertain whether the variable annuity operations of GIAC are being conducted in a manner consistent with the Delaware Variable Annuity Regulations and any other applicable law or regulations.
Any dividends paid, whether or not in excess of the aforementioned threshold, from a source other than statutory earned surplus also requires the prior approval of the Delaware Commissioner of Insurance.
All consents of the Maryland Administration, the D.C. Superintendent, the Delaware Commissioner and any other appropriate state regulatory bodies that are required to consummate the transactions contemplated hereby shall have been obtained pursuant to orders which by their respective terms do not impose any Materially Burdensome Condition, and such orders shall be in full force and effect.
State of Delaware Commissioner of Elections ATTN: Support Services 111 S.
Co-Chair, Director Wright opened this agenda item for approval of the minutes from the May 1, 2017, NPSCC meeting.
Delaware Commissioner Of ElectionsName and Contact of the authorized certifying o fficial of the recipient.
Dividend Restrictions Under the Delaware Insurance Law, the maximum amount of distributions which can be made to the Company’s parent in any given year, without prior approval by the Delaware Commissioner of Insurance, is equal to the greater of (i) 10% of the Company’s surplus as of December 31 of the preceding calendar year, or (ii) the net gain from operations for the preceding calendar year (excluding realized investment gains).
The holders of the outstanding shares of Series B Preferred Stock shall be entitled to vote concerning the sale of all or substantially all of the assets of the Company or the merger or consolidation of the Company with another entity such that the Company is not the surviving entity and such other matters as may be required under the provisions of the Delaware General Corporation Law, as amended, and the Rules and Regulations of the Delaware Commissioner of Corporations as promulgated thereunder.
Dividend RestrictionsUnder the Delaware Insurance Law, the maximum amount of distributions which can be made to the Company’s parent in any given year, without prior approval by the Delaware Commissioner of Insurance, is equal to the greater of (i) 10% of the Company’s surplus as of December 31 of the preceding calendar year, or (ii) the net gain from operations for the preceding calendar year (excluding realized investment gains).