Acceptability. The insurance to be maintained by Consultant must be issued by a company licensed or approved by the Insurance Commissioner to transact business in the State of Georgia. Such insurance shall be placed with insurers with a Best's Policyholder’s Rating of “A” or better and with a financial rating of Class VII or greater, or be otherwise acceptable to Cobb County. All policies shall be subject to approval by Cobb County Attorney’s Office as to form and content.
Acceptability. Notwithstanding the provisions of this Section 7.3, the DI Shareholders shall not be entitled to designate any person as the DI Designee to CTC’s Board of Directors if the election of such person as a director would result in any violation of any applicable law or order. CTC shall not be obligated to elect to its Board of Directors any person whose service as a member thereof would have or be reasonably likely to have a material adverse effect on CTC’s conduct of its business or such Board’s ability to carry out or discharge its responsibilities. If any such person has been designated by the DI Shareholders and rejected by CTC, the DI Shareholders shall be permitted to designate a substitute DI Designee in accordance with this Section.
Acceptability. You shall not issue cover on any insurance policy more than 30 days in advance of its inception date.
Acceptability. You shall not issue cover on any insurance policy more than 30 days in advance of its inception date. This limitation shall not apply to Liability insurances where cover can be issued up to 60 days in advance of the policy inception date.