Common use of Notice of Insolvency Clause in Contracts

Notice of Insolvency. (a) If declared insolvent in its country of domicile, the Company shall promptly (i) transmit sendt a written notice of this event and (ii) send a certified copy of such declaration by certified mail return receipt requested to the Company’s U.S. representative, the trustee, the domiciliary commissioner, all Non-Domiciliary Commissioners and the IID.

Appears in 1 contract

Samples: content.naic.org

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Notice of Insolvency. (a) If declared insolvent in its country of domicile, the Company shall promptly (i) transmit sendt a written notice of this event and (ii) send a certified copy of such declaration by certified mail return receipt requested to the Company’s U.S. representative, the trustee, the domiciliary commissioner, all Non-Domiciliary Commissioners and the IID.

Appears in 1 contract

Samples: Trust Agreement

Notice of Insolvency. (a) If declared insolvent in its country of domicile, the Company shall promptly (i) transmit sendt send a written notice of this event and (ii) send a certified copy of such declaration by certified mail return receipt requested to the Company’s U.S. representativeRepresentative, the trusteeTrustee, the domiciliary Domiciliary commissioner, all Non-Domiciliary Commissioners and the IID.

Appears in 1 contract

Samples: Trust Agreement

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Notice of Insolvency. (a) If declared insolvent in its country of domicile, the Company shall promptly (i) transmit sendt send a written notice of this event and (ii) send a certified copy of such declaration by certified mail return receipt requested to the Company’s U.S. representativeRepresentative, the trusteeTrustee, the domiciliary commissionerDomiciliary Commissioner, all Non-Domiciliary Commissioners and the IID.

Appears in 1 contract

Samples: Trust Agreement

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