SAP Financial Statements definition

SAP Financial Statements shall have the meaning set forth in Section 3.5(d).

SAP Financial Statements means the financial statements of the Obligor which have been submitted or are required to be submitted to the Applicable Insurance Regulatory Authority.

SAP Financial Statements has the meaning set forth in Section 3.1(f).

Examples of SAP Financial Statements in a sentence

• They thus fail to carry their “heavy” burden to demonstrate circumventing the record rule with their background evidence.

• SAP Financial Statements Insights Maintenance Windows/ Jangka Waktu Pemeliharaan Regular Maintenance Bi-Weekly, Friday 06 a.m. to 09 a.m. Local Time (Europe)/ Windows/ Dua mingguan, Jumat pukul 06.00 - 09.00 Waktu Setempat Jangka Waktu (Eropa) Pemeliharaan Rutin Major Upgrades/ Peningkatan Besar Up to 4 times per year from Saturday 8:00 a.m. to 2:00 p.m. Local Time (Europe)/ Hingga 4 kali per tahun dari Sabtu pukul 08.00 - 14.00 Waktu Setempat (Eropa).

• The balance sheets and income statements included in the Annual SAP Financial Statements have been audited by independent auditors.

• Seller has made available to Buyer true, correct and complete copies of the SAP Financial Statements, including true and complete copies of each audit opinion related thereto.

• To the extent payment of any Taxes that have accrued is not yet due, the amount of such accrued Taxes is properly and fully reflected or otherwise taken into account in the SAP Financial Statements or, in the case of periods since the end of the accounting period covered by the most recent SAP Financial Statements, on the Companies’ or the Subsidiaries’ books and records.

More Definitions of SAP Financial Statements

SAP Financial Statements means the audited annual and unaudited quarterly convention statements filed with the domiciliary state insurance departments of each Insurance Company.

SAP Financial Statements means, for each Insurance Subsidiary, the financial statements which have been submitted or are required to be submitted to the applicable Insurance Commissioner.

SAP Financial Statements means balance sheets and related statements of income and statements of change in capital and surplus and cash flows,

SAP Financial Statements shall have the meaning set forth in Section 16.01(j).

SAP Financial Statements has the meaning set forth in Section 2.6(a).

SAP Financial Statements. With respect to each Insurance Subsidiary:

SAP Financial Statements. Within five days after the date filed with the applicable Governmental Authority for each of its Fiscal Years, but in any event within 125 days after the end of each Fiscal Year of each Insurance Subsidiary, a copy of the Annual Statement of each such Insurance Subsidiary for such Fiscal Year prepared in accordance with SAP and accompanied by a certificate of an Executive Officer of Max Re (in the case of Annual Statements of Max Re or any of its Insurance Subsidiaries) or US Holdco (in the case of Annual Statements of US Holdco or any Insurance Subsidiary of US Holdco) that such financial statement is complete and correct and presents fairly in accordance with SAP the financial position of such Insurance Subsidiary for the period then ended.”