Common use of Capital or Surplus Maintenance Clause in Contracts

Capital or Surplus Maintenance. As of the date of this Agreement, no Regulated Subsidiary of the Company is subject to any requirement imposed by a Governmental Authority to maintain capital or surplus amounts or levels or is subject to any restriction on the payment of dividends or other distributions on its shares of capital stock, except for any such requirements or restrictions under Applicable Laws of general application.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Aetna Inc /Pa/), Agreement and Plan of Merger (CVS HEALTH Corp), Agreement and Plan of Merger

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Capital or Surplus Maintenance. As of the date of this Agreementhereof, no Company Regulated Subsidiary of the Company is subject to any requirement imposed by a Governmental Authority Entity to maintain specified capital or surplus amounts or levels or is subject to any restriction on the payment of dividends or other distributions on its shares of capital stock, except for any such requirements or restrictions under Applicable Laws applicable Laws, including insurance laws and regulations, of general application.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Health Net Inc), Agreement and Plan of Merger (Centene Corp)

Capital or Surplus Maintenance. As of the date of this Agreement, no Regulated Subsidiary of the Company is subject to any requirement imposed by a Governmental Authority to maintain capital or surplus amounts or levels or is subject to any restriction on the payment of dividends or other distributions on its shares of capital stock, except for any such requirements or restrictions under Applicable Laws Laws, including insurance laws and regulations, of general application.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Aetna Inc /Pa/), Agreement and Plan of Merger (Coventry Health Care Inc)

Capital or Surplus Maintenance. As of the date of this Agreementhereof, no Company Regulated Subsidiary of the Company is subject to any requirement imposed by a Governmental Authority to maintain specified capital or surplus amounts or levels or is subject to any restriction on the payment of dividends or other distributions on its shares of capital stock, except for any such requirements or restrictions under Applicable imposed by applicable Laws of general application.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Centene Corp), Agreement and Plan of Merger (Magellan Health Inc)

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Capital or Surplus Maintenance. As of the date of this Agreement, no Regulated Subsidiary of the Company is subject to any requirement imposed by a Governmental Authority to maintain capital or surplus amounts or levels or is subject to any restriction on the payment of dividends or other distributions on its shares of capital stock, except for any such requirements or restrictions under Applicable Laws Laws, including insurance laws and regulations, of general application.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Humana Inc), Agreement and Plan of Merger (Aetna Inc /Pa/)

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