Domiciliary Commissioner definition

Domiciliary Commissioner means the principal insurance supervisory official of the jurisdiction in which a mortgage guaranty insurance company is domiciled, or that principal insurance supervisory official’s deputies or assistants, or any employee of the regulatory agency of which that principal insurance supervisory official is the head acting in that principal insurance supervisory official’s name and by that principal insurance supervisory official’s delegated authority.

Domiciliary Commissioner means the Chief Regulatory Officer for Insurance in any state, territory, district, commonwealth or possession of the U.S. in which the Trust Fund is principally administered as identified on page one of this Agreement.

Domiciliary Commissioner means the Superintendent of the Department of Financial Services of the State of New York.

Examples of Domiciliary Commissioner in a sentence

• No modification is allowed for row B as of the statement date unless the Domiciliary Commissioner approved such modification as necessary to produce a reasonable result under the corresponding amount in row A.

• Xxxxxxxx Title: Vice President American Fidelity Assurance Company By: Advantus Capital Management, Inc.

• When Funds are accepted by the Domiciliary Commissioner or paid into court, the Trustee’s sole remaining responsibility shall be to render a final accounting of the Trust.

• The accumulation rate, AR, is the product of DR and one minus the tax rate defined in paragraph III(D)(10).No modification is allowed from the requirements in Section III unless the Domiciliary Commissioner approves such modification as necessary to produce a reasonable result.

• Financial projections that disclose the adequacy of the mortgage guaranty insurance company’s capital subsequent to the dividend payment based upon scenarios acceptable to the Domiciliary Commissioner.

• If the auditor’s practicing certificate or equivalent document is unavailable, then the Trustee, upon the request of the Company, shall submit a request for the written approval of the auditor from the Domiciliary Commissioner.

• Nothing in this paragraph shall be construed as relieving the Trustee of any liability under this Deed of Trust for any acts or omissions which occurred prior to the date on which the Trustee transfers the assets of the Trust Fund to the Domiciliary Commissioner.

• In the event the Domiciliary Commissioner takes such actions, the SRMICS Mandatory Control Level Event shall be deemed sufficient grounds for the Domiciliary Commissioner to take action under [insert same reference], and the Domiciliary Commissioner shall have the rights, powers and duties with respect to the insurer as are set forth in [insert same reference].

• The assuming reinsurer shall notify the Domiciliary Commissioner of any material change in its financial condition and, when applicable, such duty of notification shall be in accord with the terms of 15 U.S.C. § 8222, and as such federal law may be amended or superseded.

• The Domiciliary Commissioner shall approve any amendments to the reinsurance agreement before becoming effective.

More Definitions of Domiciliary Commissioner

Domiciliary Commissioner means the Superintendent of Insurance of the State of New York.

Domiciliary Commissioner means the Chief Regulatory Officer for Insurance of the United States jurisdiction in which the Trust Fund is principally maintained and administered, identified on page one of this Trust Deed.