Common use of Capital or Surplus Maintenance Clause in Contracts

Capital or Surplus Maintenance. None of the Subsidiaries of Company is subject to any requirement 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 insurance or other laws or regulations of general application and any such requirements or restrictions of the BCBSA of general application to licensees of the BCBSA, or except as set forth in Section 3.2(z) of the Company Disclosure Schedule.

Capital or Surplus Maintenance. None of the Company's Subsidiaries of Company is subject to any requirement 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 (a) for any such requirements or restrictions under insurance applicable Laws, (b) to maintain the Company's ratings pursuant to applicable guidelines of rating agencies or other laws or regulations of general application and any such requirements or restrictions (c) as required by the terms of the BCBSA of general application to licensees of Company's credit facility in place on the BCBSA, or except as set forth in Section 3.2(z) of the Company Disclosure Scheduledate hereof.

Capital or Surplus Maintenance. None of the Company’s Subsidiaries of Company is subject to any requirement 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 (a) for any such requirements or restrictions under insurance applicable Laws, (b) to maintain the Company’s ratings pursuant to applicable guidelines of rating agencies or other laws or regulations of general application and any such requirements or restrictions (c) as required by the terms of the BCBSA of general application to licensees of Company’s credit facility in place on the BCBSA, or except as set forth in Section 3.2(z) of the Company Disclosure Scheduledate hereof.

Capital or Surplus Maintenance. None of the Company’s Subsidiaries of Company is subject to any requirement 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 (a) for any such requirements or restrictions under insurance applicable Laws, (b) to maintain the Company's ratings pursuant to applicable guidelines of rating agencies or other laws or regulations of general application and any such requirements or restrictions (c) as required by the terms of the BCBSA of general application to licensees of Company's credit facility in place on the BCBSA, or except as set forth in Section 3.2(z) of the Company Disclosure Scheduledate hereof.