Regulated Insurance Company definition

Regulated Insurance Company means any Subsidiary of the Borrower, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

Regulated Insurance Company means each Subsidiary of the Company, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction (domestic or foreign) and is regulated by any Applicable Insurance Regulatory Authority.

Regulated Insurance Company. Any Subsidiary, whether now owned or hereafter acquired or established, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction (foreign or domestic) and is regulated by any Applicable Insurance Regulatory Authority.

Examples of Regulated Insurance Company in a sentence

• The Purchasers shall have received a copy of the license or certificate of authority, as applicable, of the Operating Company and each other Regulated Insurance Company to transact insurance and/or reinsurance business from each Applicable Insurance Regulatory Authority, and each such license or certificate of authority shall be in full force and effect.

• The Operating Company and each other Regulated Insurance Company will maintain any licenses (including licenses or certificates of authority from Applicable Insurance Regulatory Authorities), permits or authorizations in all jurisdictions necessary to transact its insurance business as currently contemplated.

• The Operating Company and each other Regulated Insurance Company shall be in compliance in all material respects with each such license or certificate of authority held by it.

• The Operating Company and each Regulated Insurance Company shall maintain reinsurance coverage at least equal to the coverage determined to be adequate by its Applicable Insurance Regulatory Authority and such other jurisdictions in which it is licensed or authorized as an insurer or reinsurer.

• Subject to Section 10.11, for so long as the Notes are outstanding, the Operating Company and each Regulated Insurance Company shall purchase and maintain reinsurance from reinsurers with a minimum financial strength rating of “B+” by AM Best, or “BBB” by S&P, unless such reinsurance liabilities have been fully collateralized by such reinsurers.

More Definitions of Regulated Insurance Company

Regulated Insurance Company means any Subsidiary of the Borrower that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority. As of the Effective Date, the Regulated Insurance Companies are the Underwriter, States Title Insurance Company, an Arizona corporation and States Title Insurance Company of California, a California corporation.

Regulated Insurance Company means any Subsidiary of the Borrower that is an authorized or admitted insurance carrier that transacts Insurance Business in any jurisdiction (foreign or domestic) and is regulated by any Applicable Insurance Regulatory Authority.

Regulated Insurance Company means any Subsidiary of AHL, whether existing on or acquired or formed after the Effective Date, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

Regulated Insurance Company means any Subsidiary of the Guarantor that is an authorised or admitted insurance carrier that transacts Insurance Business in any jurisdiction (foreign or domestic) and is regulated by any Applicable Insurance Regulatory Authority.

Regulated Insurance Company shall have the meaning assigned thereto on Exhibit A to the Guaranty.

Regulated Insurance Company means any Subsidiary of the Borrower that is an authorized or admitted insurance carrier that transacts Insurance Business in any jurisdiction (foreign or domestic) and is regulated by any Applicable Insurance Regulatory Authority, but excluding each Captive Insurance Subsidiary and each reciprocal exchange (and any subsidiary of a reciprocal exchange).

Regulated Insurance Company means an insurance company established and licensed under the Insurance Act;