Underwriting Risks Sample Clauses
Underwriting Risks. The Borrower will not, and will not permit any of its Subsidiaries to, undertake any underwriting risk inconsistent with their historical and customary practices in the ordinary course of business (it being understood and agreed that this Section 7.15 shall not prohibit the Borrower and its Subsidiaries from entering into additional lines of property and casualty insurance business).
Underwriting Risks. Holdings and the Issuer will not, and will not permit any of their respective Subsidiaries to, undertake any underwriting risk inconsistent with their historical and customary practices in the ordinary course of business (it being understood and agreed that this Section 7.14 shall not prohibit Holdings and its Subsidiaries from entering into additional lines of property and casualty insurance business or additional geographic markets).
Underwriting Risks. Holdings and the Borrower shall not, and shall not permit any of their respective Subsidiaries to, undertake any underwriting risk inconsistent with their historical and customary practices in the ordinary course of business (it being understood and agreed that this Section 7.14 shall not prohibit Holdings and its Subsidiaries from entering into additional lines of property and casualty insurance business, performing as a managing general agency or a special purpose vehicle, or other activities incidental to the property and casualty insurance business).