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).
Appears in 3 contracts
Sources: Term Loan Credit Agreement (Skyward Specialty Insurance Group, Inc.), First Amendment (Skyward Specialty Insurance Group, Inc.), Credit Agreement (Skyward Specialty Insurance Group, Inc.)
Underwriting Risks. The Holdings and the Borrower will not, and will not permit any of its 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 7.15 7.14 shall not prohibit the Borrower Holdings and its Subsidiaries from entering into additional lines of property and casualty insurance business).
Appears in 3 contracts
Sources: Term Loan Agreement (Root, Inc.), Term Loan Agreement (Root Stockholdings, Inc.), Term Loan Agreement (Root, Inc.)
Underwriting Risks. The Holdings and the Borrower will shall not, and will shall not permit any of its 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 7.15 7.14 shall not prohibit the Borrower Holdings and its Subsidiaries from entering into additional lines of property and casualty insurance business).
Appears in 1 contract
Sources: Term Loan Agreement (Root, Inc.)
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 LEGAL02/42400466v16 prohibit the Borrower and its Subsidiaries from entering into additional lines of property and casualty insurance business).
Appears in 1 contract
Sources: Credit Agreement (Skyward Specialty Insurance Group, Inc.)