Minimum Risk-Based Capital. PLIC shall, as of the last day of each calendar quarter, have a Risk Based Capital Ratio of not less than 2.50 to 1
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Sources: Credit Agreement (Phoenix Companies Inc/De), Credit Agreement (Phoenix Companies Inc/De)
Minimum Risk-Based Capital. PLIC shall, as of the last day of each calendar quarter, have a Risk Based Capital Ratio of not less than 2.50 3.25 to 1.
1.6 Amendment to add Section 6.5 (Minimum Statutory Surplus). Article VI is hereby amended by inserting a new Section 6.5 at the end thereof as follows:
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