Examples of Other Parent Subsidiaries in a sentence
The assets, properties, rights and contracts, including (as applicable), title or leaseholds thereto, of Parent, Sub and the Other Parent Subsidiaries, taken as a whole, are sufficient to permit Parent, Sub and the Other Parent Subsidiaries to conduct their business as currently being conducted with only such exceptions as could not be reasonably expected to have a material adverse effect on Parent.
Each of the Parent Regulatory Financial Statements has been prepared in accordance with SAP applied on a consistent basis during the periods involved, and fairly present the financial position, assets and liabilities of the Parent and the Other Parent Subsidiaries, respectively, as of the respective dates thereof and the results of their respective operations, changes in capital and surplus and cash flows for the respective periods then ended.
Except as set forth on the Parent Disclosure Schedule, during such five (5) year period, no deficiency material to the financial condition, operations, business or business prospects of Parent or any of the Other Parent Subsidiaries has been filed or asserted by any Parent Insurance Regulatory Agency in connection with any report or filing made by or otherwise with respect to, Parent or any of the Other Parent Subsidiaries.
The only direct or indirect subsidiaries of Parent (other than Sub) are listed in the Parent Disclosure Schedule (collectively, the "Other Parent Subsidiaries").
Since December 31, 1998, there shall not have been, occurred or arisen any Material Adverse Change in, or any event, development, transaction, condition or state of facts of any character (including without limitation any damage, destruction or loss not covered by insurance or reinsurance) that individually or in the aggregate has or can reasonably be expected to have a Material Adverse Effect on the Parent and the Other Parent Subsidiaries, taken as a whole.
None of the Other Parent Subsidiaries is in violation of its Other Parent Subsidiary Charter Documents.
Parent has provided to the Company complete, true and correct copies of all written responses to: (x) all Parent Deficiency Reports; (y) all Parent Examination Reports and Parent Complaints; and (z) the National Association of Insurance Commissioners regarding each Insurance Regulatory Information System (IRIS) financial ratio results as to, and all Risk Based Capital Reports as to, of each of Parent and the Other Parent Subsidiaries.