Examples of Insurance Company Subsidiary in a sentence
Each employee within the police department shall be fully accountable for the use of delegated authority.
Each AFI Insurance Company Subsidiary that has redomesticated since January 1, 2015 and prior to the Closing has done so in accordance with all applicable Law and such redomestication is effective and valid.
The Borrower shall promptly and in any event within 2 Business Days, notify the Agent of any change in the rating assigned to it by Standard and Poor’s or Moody’s or to any Insurance Company Subsidiary by A.M. Best.
Neither the Insurance Companies nor any Insurance Company Subsidiary has granted any waiver of any statute of limitations with respect to, or any extension of a period for the assessment of any Tax.
Neither the Insurance Company nor any Insurance Company Subsidiary has made an election under Section 341(f) of the Code.
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AFI MHC has made available for inspection by MSA Holdings: (i) any reports of examination (including financial, market conduct and similar examinations) of the AFI Insurance Company Subsidiaries issued by any insurance regulatory authority, in any case, since January 1, 2015; and (ii) all filings or submissions made since January 1, 2015 to the date hereof by any AFI Insurance Company Subsidiary with any insurance regulatory authority pursuant to the insurance holding company Laws of applicable states.
Subject to the requirements of other applicable law or the State Departments of Insurance, the Liquidating Trustee may serve or continue to serve as a member of the board of directors of any Surviving Debtor Entity or Insurance Company Subsidiary.
Each AFI Insurance Company Subsidiary has paid in full or properly reserved for all guaranty fund and residual market assessments required by any Governmental Entity to be paid by such AFI Insurance Company Subsidiary.
Other than in respect of ordinary course maintenance and repairs, the Computer Systems of each of the Insurance Companies and each Insurance Company Subsidiary are operational, except where a failure to be so operational would not, individually or in the aggregate, have a Material Adverse Effect.