Insurance Licenses means, with respect to each Insurance Subsidiary, licenses (including licenses or certificates of authority from Applicable Insurance Regulatory Authorities), permits or authorizations to transact Insurance Business held, or required to be held, by such Insurance Subsidiary.
Insurance Licenses means, with respect to each Regulated Insurance Company, licenses (including, without limitation, licenses or certificates of authority from Applicable Insurance Regulatory Authorities), permits or authorizations to transact insurance and reinsurance business held by such Regulated Insurance Company.
Insurance Licenses has the meaning assigned to such term in Section 3.16.
Examples of Insurance Licenses in a sentence
No Loan Party requires Insurance Licenses to conduct its business.
To the Company’s knowledge there is no threatened action, suit, proceeding or investigation that would, individually or in the aggregate, result in the revocation, termination or suspension of any of the Insurance Licenses and Authorizations that would reasonably be expected to have a Material Adverse Effect.
More Definitions of Insurance Licenses
Insurance Licenses has the meaning provided in Section 4.17.
Insurance Licenses has the meaning set forth in Section 3.1(n)(iii).
Insurance Licenses as defined in Section 3.9.
Insurance Licenses shall have the meaning ascribed to it in Section 4.17 of this Agreement.
Insurance Licenses is defined in Section 5.21.
Insurance Licenses means each insurance license necessary for the conduct of business by any Regulated Insurance Company.
Insurance Licenses. Schedule “2” attached hereto (as said Schedule “2” shall be revised or supplemented from time to time to reflect withdrawals or changes in jurisdictions permitted by Section 6.4 or additional jurisdictions set forth in the Annual Statements furnished pursuant to Section 6.1(vii)) lists all of the jurisdictions in which any Significant Insurance Subsidiary holds active Licenses and is authorized to transact insurance business. No such License is the subject of a proceeding for suspension or revocation, there is no sustainable basis for such suspension or revocation, and to the Borrower’s best knowledge, no such suspension or revocation has been threatened by any Governmental Authority. Schedule “2” also indicates the type or types of insurance in which each such Insurance Subsidiary is permitted to engage with respect to each License therein listed. None of the Insurance Subsidiaries transacts any insurance business, directly or indirectly, in any state other than those enumerated in Schedule “2”.