Insurance Licenses definition
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
Except as disclosed in the Registration Statement, the Time of Sale Information and the Prospectus, none of the Company or the Insurance Subsidiaries has received any notification from any insurance regulatory authority or other governmental entity to the effect that any additional Insurance Licenses and Authorizations are needed to be obtained by the Company or any of the Insurance Subsidiaries.
There is no pending or, to the knowledge of the Company, 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.
Each of the Company and the Insurance Subsidiaries has fulfilled and performed in all material respects all obligations necessary to maintain the Insurance Licenses and Authorizations.
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 means each insurance license necessary for the conduct of business by any Regulated Insurance Company.
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 is defined in Section 5.7. “Insurance Regulatory Authority” means, with respect to any Insurance Subsidiary, the insurance department or similar governmental authority charged with regulating insurance companies or insurance holding companies, in its state of domicile and, to the extent that it has regulatory authority over such Insurance Subsidiary, in each other jurisdiction in which such Insurance Subsidiary conducts business or is licensed to conduct business. “Insurance Subsidiary” means any Subsidiary of the Company, the ability of which to pay dividends is regulated by an Insurance Regulatory Authority or that is otherwise required to be regulated thereby in accordance with the applicable requirement of law of its state of domicile. “Interest Deferral Period” is defined in Section 16.3. “Interest Payment Date” is defined in Section 16.2. “LIBOR” means, for each interest period, the offered rate per annum (but not less than 0.00%) for deposits of U.S. dollars for the applicable interest period that appears on Reuters Screen LIBOR01 Page (or the applicable successor page) as of 11:00 a.m. (London, England time) two Business Days prior to the first day in such interest period. If no such offered rate exists, such rate will be the rate of interest per annum, as determined by the Required Holders at which deposits of U.S. dollars in immediately available funds are offered at 11:00 a.m. (London, England time) two Business Days prior to the first day in such interest period by major financial institutions reasonably satisfactory to the Required Holders in the London interbank market or such other market and reference rate acceptable to the holders of the Notes for such interest period for the applicable principal amount on such date of determination. “Lien” means, with respect to any Person, any mortgage, lien, pledge, charge, security interest or other encumbrance, or any interest or title of any vendor, lessor, lender or other secured party to or of such Person under any conditional sale or other title retention agreement or Capital Lease, upon or with respect to any property or asset of such Person (including in the case of stock, stockholder agreements, voting trust agreements and all similar arrangements). “Material” means material in relation to the business, operations, affairs, financial condition, assets, properties, or prospects of the Company and its Subsidiaries taken as a whole. “Material Adverse Effect” means a material adverse effect on (a) ...