Capital Reporting definition
Examples of Capital Reporting in a sentence
At each Capital Reporting Deadline that pertains to a calendar year end, the Reinsurer shall provide to the Ceding Company the RBC Ratio of the Reinsurer as of the last day of the calendar year.
In addition, if the RBC Ratio of the Reinsurer as of any calendar month-end is below the amount described in clause (a) of the definition of “FMV Triggering Event” herein and has been cured, the Reinsurer shall provide to the Ceding Company evidence that such shortfall has been cured by the applicable Capital Reporting Deadline.
During the Atlantic Capital Reporting Period, Atlantic Capital will be in compliance with all applicable provisions of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act, except for any non-compliance that would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.
In addition, if the RBC Ratio of the Reinsurer or the Guarantor as of any calendar quarter-end is below the RBC Ratio described in clause (a) of either of the definitions of “Trust Triggering Event” or “Recapture Triggering Event” herein, as applicable, and has been cured, the Reinsurer shall provide to the Ceding Company evidence that such shortfall has been cured by the applicable Capital Reporting Deadline.
In addition, if the RBC Ratio of any Affiliate Retrocessionaire as of any calendar month-end is below the amount described in clause (a) or clause (b), as applicable, of the definition of “FMV Triggering Event” herein and has been cured, the Reinsurer shall provide to the Ceding Company evidence that such shortfall has been cured by the applicable Capital Reporting Deadline.
In addition, if the RBC Ratio of any Affiliate Retrocessionaire as of any calendar month-end is below the amount described in clause (a) of the definition of “FMV Triggering Event” herein and has been cured, the Reinsurer shall provide to the Ceding Company evidence that such shortfall has been cured by the applicable Capital Reporting Deadline.
In addition, if the RBC Ratio of the Reinsurer as of any calendar month-end is below the amount described in clause (a) or clause (b), as applicable, of the definition of “FMV Triggering Event” herein and has been cured, the Reinsurer shall provide to the Ceding Company evidence that such shortfall has been cured by the applicable Capital Reporting Deadline.
In addition, if the RBC Ratio of any Affiliate Retrocessionaire as of any calendar quarter-end is below the amount described in clause (a) or clause (b), as applicable, of the definition of “FMV Triggering Event” herein and has been cured, the Reinsurer shall provide to the Ceding Company evidence that such shortfall has been cured by the applicable Capital Reporting Deadline.
In addition, if the RBC Ratio of the Reinsurer as of any calendar quarter-end is below the amount described in clause (a) or clause (b), as applicable, of the definition of “FMV Triggering Event” herein and has been cured, the Reinsurer shall provide to the Ceding Company evidence that such shortfall has been cured by the applicable Capital Reporting Deadline.
In addition, if the RBC Ratio of the Reinsurer as of any calendar quarter-end is below the amount described in clause (a) of the definition of “Recapture Triggering Event” herein and has been cured, the Reinsurer shall provide to the Ceding Company evidence that such shortfall has been cured by the applicable Capital Reporting Deadline.