Common use of Solvency Test Clause in Contracts

Solvency Test. An Applicant fails to satisfy the notional SCR calculated in respect of it by ▇▇▇▇▇’▇ under rule 8.4 of the Solvency Capital Requirement - General Provisions part of the Handbook, and such failure continues for 30 Business Days following notification to that Applicant by ▇▇▇▇▇’▇.

Appears in 2 contracts

Sources: Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.)