Insurance Company Debt definition

Insurance Company Debt means Debt owed by the Borrower with respect to the 7.98% Notes due March 2000-2003 as more fully described in note 4 of the consolidated financial statements contained in the Borrower’s report on form 10 — K filed with the Securities and Exchange commission for fiscal year 1999.
Insurance Company Debt means Debt owed by the Borrower with respect to the 7.98% Notes due March 2000 - 2003 pursuant to that certain Indenture dated as of February 24, 1993 among the Borrower, CIGNA Principal Mutual Life Insurance Co., and Aid Association for Lutherans, as more fully described in note 4 of the consolidated financial statements contained in the Borrower's report on form 10-K filed with the Securities and Exchange Commission for fiscal year 1999.
Insurance Company Debt means, collectively, the Aetna Debt and the Note Agreement Debt and any refinancing of such Debt in whole or in part provided, however, that no such refinancing of the Insurance Company debt shall provide for (i) a greater amount of indebtedness, (ii) a higher interest rate on borrowed amounts or, (iii) greater mandatory amortization of the Insurance Company Debt prior to the Termination Date than that required as of the date hereof under the terms of the Insurance Company Restructuring Documents.

Examples of Insurance Company Debt in a sentence

  • Subsection 8.5(c) of the Credit Agreement is amended by deleting "the Insurance Company Debt" and inserting "[Reserved]" in its place.

  • M., 1997, The Relationship Between Insurance Company Debt and Claims Paying Ability Ratings(Chicago, IL: Duff and Phelps Credit Rating Company).

Related to Insurance Company Debt

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Sponsored captive insurance company means a captive insurance company:

  • Title Insurance Company as defined in Section 6.1(o).

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Insurance premium finance company means a person engaged in the business of

  • Captive insurance company means a pure captive insurance company, association captive insurance company, captive reinsurance company, sponsored captive insurance company, special purpose captive insurance company, or industrial insured captive insurance company formed or licensed under this chapter. For purposes of this chapter, a branch captive insurance company must be a pure captive insurance company with respect to operations in this State, unless otherwise permitted by the director.

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • Pure captive insurance company means a company that

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.

  • Insurance Add-On Amount means the premium charged to the Obligor in the event that the Servicer obtains Force-Placed Insurance pursuant to Section 4.4.

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Title insurance agent means an agent licensed in this Commonwealth to solicit, negotiate, procure,

  • Insurance Consultant or "consultant" means a person who:

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Insurance group means the persons that comprise an insurance holding company system.

  • Insurance adjuster means a person who directs or conducts the investigation, negotiation, or settlement of a claim under an insurance policy other than life insurance or an annuity, on behalf of an insurer, policyholder, or a claimant under an insurance policy.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Industrial insured captive insurance company means a company that insures risks of the industrial insureds that comprise the industrial insured group and their affiliated companies.

  • Insurance Fund means the pest control insurance fund established pursuant to this compact.