actuarial determination definition
actuarial determination means a determination by an actuary made in accordance with regulation 44;
actuarial determination means a determination from time to time by W▇▇▇▇▇ ▇▇▇▇▇ & Associates, Inc., or another independent actuary acceptable to Purchaser and Seller, setting forth the amount of Long Horn Assets required to be held in reserve for expenses and liabilities of Long Horn relating to malpractice, professional or general liability claims against insurance policies, including the tail insurance policy required by Section 9.2(c), issued by Long Horn.