Subscriber reserves definition

Subscriber reserves means those reserves held by the corporation for the protection of subscribers that are the excess of the corporation's assets over its liabilities as set forth in the annual statement of the corporation as of December 31st of the year next preceding the making of the investment or contained in an audited financial report, as defined in Title 24‑A, section 221‑A, of more current origin prepared on the basis of statutory accounting principles; [PL 2001, c. 72, §2 (AMD).]
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Examples of Subscriber reserves in a sentence

  • Subscriber reserves the right, at its sole election, to immediately terminate this Agreement or an Exhibit A without limitation and without liability if Subscriber reasonably determines that Service Provider fails or has failed to meet its obligations under this Section.

  • As between Procurant and Subscriber, Subscriber reserves all rights and retains title and full ownership of Subscriber Data, and all intellectual property rights therein, under all applicable laws of the United States and any other applicable state or foreign laws.

  • The Subscriber reserves the right to change the coordinator as needed by giving written notice to TASB.

  • This subscription is irrevocable except that the Subscriber reserves the right to withdraw this subscription and to terminate its obligations hereunder at any time before the First Closing Date if the Agents terminate their obligations with respect to this Offering under the Agency Agreement.

  • Subscriber reserves the right to decline use of new functionality or modules that require additional fees.

  • The Subscriber reserves the right to dispose of the Securities at any time in accordance with federal and state securities laws applicable to such disposition.

  • This subscription is irrevocable except that the Subscriber reserves the right to withdraw this subscription and to terminate its obligations hereunder at any time before the Closing Date if the Agent terminates its obligations with respect to this Offering under the Agency Agreement, and the Subscriber hereby appoints the Agent as its agent for the purpose of notifying the Corporation of the withdrawal or termination of this subscription.

  • Except for the limited rights expressly granted in this Agreement, Subscriber reserves all right, title and interest (including all intellectual property rights) in and to its content and materials.

  • FAB could not be deemed the owner or operator of, nor has it participated in the management regarding Hazardous Substances of, any FAB Loan Property which has been contaminated with, or has had any release of, any Hazardous Substance that has resulted, or would reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect with respect to FAB.

  • This subscription is irrevocable except that the Subscriber reserves the right to withdraw this subscription and to terminate its obligations hereunder at any time before the Closing Date if the Agency Agreement is not entered into or if the Agents terminate their obligations with respect to this offering under the Agency Agreement and the Subscriber hereby appoints the Agents as its agent for the purpose of notifying the Corporation of the withdrawal or termination of this subscription.