Exceeded its powers definition

Exceeded its powers means one or more of the following conditions:
Exceeded its powers means the following conditions:
Exceeded its powers means and include, but not be limited to the following circumstances:

More Definitions of Exceeded its powers

Exceeded its powers means and includes, but is not limited to the following circumstances:
Exceeded its powers means and include, but not be
Exceeded its powers means any of the following conditions:
Exceeded its powers. [shall mean the following] means:
Exceeded its powers means and includes, but is not limited to
Exceeded its powers means the following conditions: (i) The insurer has refused to permit examination of itsbooks, papers, accounts, records or affairs by the commissioner, his or herdeputies, employees, or duly commissioned examiners; (ii) A domestic insurer has unlawfully removed from thisstate, books, papers, accounts or records necessary for an examination of theinsurer; (iii) The insurer has failed to promptly comply with theapplicable financial reporting statutes or rules and departmental requestsrelating thereto; (iv) The insurer has neglected or refused to observe an orderof the commissioner to make good, within the time prescribed by law, anyprohibited deficiency in its capital, capital stock, or surplus; (v) The insurer is continuing to transact insurance or writebusiness after its license has been revoked or suspended by the commissioner; (vi) The insurer, by contract or otherwise, has unlawfully orhas in violation of an order of the commissioner, or has without first havingobtained written approval of the commissioner if approval is required by law: (A) Totally reinsured its entire outstanding business, or (B) Merged or consolidated substantially its entire propertyor business with another insurer; (vii) The insurer engaged in any transaction in which it isnot authorized to engage under the laws of this state; or (viii) The insurer refused to comply with a lawful order ofthe commissioner; and

Related to Exceeded its powers

  • Benchmark Unavailability Period means, the period (if any) (a) beginning at the time that a Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14 and (b) ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Risk Period means the period that the Landlord [in its absolute discretion]21 decides, being a minimum of [three] years and a maximum of [five]22 years, starting on the date of the relevant damage or destruction;