Borrower Securities. All capital stock or other equity interests issued by the Borrower (other than any Surplus Notes issued subject to and in accordance with Section 6.01(bb)) are owned by PLICO or any wholly-owned Affiliate of the ultimate Controlling party of the Borrower that is a regulated insurance company.
Appears in 10 contracts
Samples: Reimbursement Agreement (Protective Life Insurance Co), Reimbursement Agreement (Protective Life Insurance Co), Reimbursement Agreement (Protective Life Corp)