Parent Insurance Subsidiaries definition

Parent Insurance Subsidiaries has the meaning set forth in Section 6.2(c).
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Parent Insurance Subsidiaries means the Parent Companies set forth on Section 8.3(iii) of the Parent Disclosure Letter;
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Parent Insurance Subsidiaries means the Subsidiaries which conduct Parent's insurance operations.
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Examples of Parent Insurance Subsidiaries in a sentence

  • As of the date of this Agreement, no Parent Agent individually accounting for 5% or more of the total gross GAAP premiums of all Parent Insurance Subsidiaries for the year ended December 31, 2014 has indicated to Parent or any Parent Insurance Subsidiary in writing that such Parent Agent will be unable or unwilling to continue its relationship as a Parent Agent with any Parent Insurance Subsidiary within twelve (12) months after the date of this Agreement.

  • Except as would not, either individually or in the aggregate, reasonably be likely to have a Material Adverse Effect on Parent, to the knowledge of Parent, Parent and the Parent Insurance Subsidiaries have not received, since January 1, 2012, any written notice or communication of any instance of non- compliance with any such law, or any rule, regulation, agency requirement or published interpretation of any Governmental Entity that has not been cured as of the date of this Agreement.

  • Neither the Parent Insurance Subsidiaries, nor Parent or any of its Subsidiaries is in default under or in violation of any Order entered into with or issued by any Insurance Regulator.

  • Other than normal examinations conducted by an Insurance Regulator in the ordinary course of business as to which Parent reasonably expects there to be no finding adverse to Parent’s interests, there are no regulatory examinations of the Parent Insurance Subsidiaries currently in process as of the date of this Agreement.

  • Parent has made available to the Company copies of (i) all reports on financial examination, market conduct reports and other material reports delivered by any Governmental Authority in respect of Parent or any of its Subsidiaries since August 1, 2014 and (ii) all material Insurance Holding Company System Regulatory Act filings or submissions made by or on behalf of the Parent Insurance Subsidiaries with any insurance regulatory authority since August 1, 2014.

  • Therefore it couldn’t happen to anybody.’ But what it also obstructs is the frequently valid reaction: ‘This did happen to me.

  • The annuity is to last for 25 years with an initial monthly payment of $9,800, with monthly COLA of 0.35% and rate of 7.2% annual interest compounded monthly.

  • All U.S. and Canadian Subsidiaries of Parent which are obligors under any Service Contracts, and which are not Parent Insurance Subsidiaries, are set forth on Section 3.07(d) of the Parent Disclosure Letter.

  • The Parent Insurance Subsidiaries are in compliance in all material respects with all Laws, including all Laws and regulations issued by the applicable Insurance Regulator.

  • The only Subsidiaries or other Affiliates through which Parent and its Subsidiaries conducts insurance operations are the Parent Insurance Subsidiaries.


More Definitions of Parent Insurance Subsidiaries

Parent Insurance Subsidiaries are those entities listed in Section 8.13(b) of the Parent Disclosure Letter. 101
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Related to Parent Insurance Subsidiaries

  • Insurance Subsidiaries means, collectively, MGMM Insurance Company, a Nevada corporation and any Subsidiaries formed for the purpose of facilitating and providing insurance coverage and claims services for the Company and its Subsidiaries.

  • Insurance Subsidiary means any Subsidiary that is licensed by any Applicable Insurance Regulatory Authority to conduct, and conducts, an Insurance Business.

  • Captive Insurance Subsidiary means any Subsidiary of the Borrower that is subject to regulation as an insurance company (or any Subsidiary thereof).

  • Material Insurance Subsidiary means a Material Subsidiary that is also an Insurance Subsidiary.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Project Finance Subsidiary means a Subsidiary that is a special-purpose entity created solely to (i) construct or acquire any asset or project that will be or is financed solely with Project Financing for such asset or project and related equity investments in, loans to, or capital contributions in, such Subsidiary that are not prohibited hereby and/or (ii) own an interest in any such asset or project.

  • Consolidated Restricted Subsidiaries means any Restricted Subsidiaries that are Consolidated Subsidiaries.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Consolidated Parties means a collective reference to the Borrower and its Subsidiaries, and "Consolidated Party" means any one of them.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Consolidated Entities as of any date of determination, any entities whose financial results are consolidated with those of Kimco in accordance with GAAP.

  • Consolidated Companies means, collectively, Borrower and all of its Subsidiaries.

  • Insurance group means the persons that comprise an insurance holding company system.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • Inactive Subsidiaries means those Subsidiaries of the Borrower listed on Schedule 1.01.

  • Consolidated Subsidiaries means each Subsidiary of the Borrower (whether now existing or hereafter created or acquired) the financial statements of which shall be (or should have been) consolidated with the financial statements of the Borrower in accordance with GAAP.

  • Material Subsidiaries Subsidiaries of the Borrower constituting, individually or in the aggregate (as if such Subsidiaries constituted a single Subsidiary), a “significant subsidiary” in accordance with Rule 1-02 under Regulation S-X.

  • Principal Subsidiaries means any subsidiary of the Guarantor whose total assets, as shown by the accounts of such subsidiary (consolidated in the case of a subsidiary which itself has subsidiaries), based upon which the latest audited consolidated accounts of the Group have been prepared, is at least 20 per cent. of the total assets of the Group as shown by such audited consolidated accounts, provided that if any such subsidiary (the “transferor”) shall at any time transfer the whole or a substantial part of its business, undertaking or assets to another subsidiary of the Guarantor or to the Guarantor itself (the “transferee”) then:

  • Finance Subsidiary means, with respect to any Person, any Subsidiary of such Person which is primarily engaged in leasing or financing activities including (a) lease and purchase financing provided by such Subsidiary to dealers and consumers, (b) leasing or financing of installment receivables or otherwise providing banking, financial or insurance services to the Company and/or its affiliates or others or (c) financing the Company’s and/or its affiliates’ operations.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Acquired Subsidiaries means Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • PRC Subsidiaries means all Company Subsidiaries organized under the Laws of the PRC.

  • Sponsored captive insurance company means a captive insurance company: