Common use of Section 32 Direction Clause in Contracts

Section 32 Direction. Promptly following receipt thereof by ARL, notice of any direction or other notification received by ARL from the Bermuda Monetary Authority pursuant to Section 32 of the Insurance Xxx 0000 of Bermuda.

Appears in 4 contracts

Samples: Credit Agreement (Arch Capital Group Ltd.), Credit Agreement (Arch Capital Group Ltd.), Credit Agreement (Arch Capital Group Ltd.)

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Section 32 Direction. Promptly following receipt thereof by ARLARL or AGRL, notice of any direction or other notification received by ARL or AGRL from the Bermuda Monetary Authority pursuant to Section 32 of the Bermuda Insurance Xxx 0000 of BermudaAct.

Appears in 2 contracts

Samples: Credit Agreement (Arch Capital Group Ltd.), Credit Agreement (Arch Capital Group Ltd.)

Section 32 Direction. Promptly following receipt thereof by ARL, notice of any direction or other notification received by ARL from the Bermuda Monetary Authority pursuant to Section 32 of the Insurance Xxx 0000 Act, 1978 of Bermuda.

Appears in 2 contracts

Samples: Credit Agreement (Arch Capital Group Ltd.), Credit Agreement (Arch Capital Group Ltd.)

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Section 32 Direction. Promptly following receipt thereof by ARL, notice of ARL shall receive any direction or other notification received by ARL from the Bermuda Monetary Authority pursuant to Section 32 of the Insurance Xxx 0000 Act, 1978 of Bermuda.

Appears in 1 contract

Samples: Bridge Credit Agreement (Arch Capital Group Ltd.)

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