Intercompany Pooling Arrangement definition

Intercompany Pooling Arrangement means the Second Amended and Restated Reinsurance Pooling Agreement dated January 1, 2012, as amended by Amendment #1 to Second Amended and Restated Reinsurance Pooling Agreement dated July 1, 2015 and as further amended, restated, modified and supplemented and in effect from time to time.
Sample 1Sample 2
Intercompany Pooling Arrangement means the pooling arrangement among State Auto Mutual, State Auto P&C, Milbank, Midwest Security, Farmers Casualty and State Auto Insurance pursuant to which (a) State Auto P&C cedes to State Auto Mutual all of its insurance business, (b) Milbank cedes to State Auto Mutual its property and casualty insurance business, (c) Midwest Security cedes to State Auto Mutual its property and casualty insurance business, (d) Farmers Casualty cedes to State Auto Mutual its property and casualty insurance business, (e) State Auto Insurance cedes to State Auto Mutual its property and casualty insurance business and (f) State Auto Mutual retains its property and casualty insurance business, whereupon all such businesses are pooled and a portion thereof is then ceded from State Auto Mutual to each of State Auto P&C, Milbank, Midwest Security, Farmers Casualty and State Auto Insurance and the balance thereof is retained by State Auto Mutual, as such arrangement may be modified and supplemented and in effect from time to time.
Sample 1Sample 2
Intercompany Pooling Arrangement means the pooling arrangement among State Auto Mutual, State Auto P&C, Milbank, State Auto Insurance of Wisconsin, Farmers Casualty, State Auto Insurance of Ohio and State Auto Florida pursuant to which (a) State Auto P&C cedes to State Auto Mutual all of its insurance business, (b) Milbank cedes to State Auto Mutual its property and casualty insurance business, (c) State Auto Insurance of Wisconsin cedes to State Auto Mutual its property and casualty insurance business, (d) Farmers Casualty cedes to State Auto Mutual its property and casualty insurance business, (e) State Auto Insurance of Ohio cedes to State Auto Mutual its property and casualty insurance business and (f) State Auto Mutual retains its property and casualty insurance business, whereupon all such businesses are pooled and a portion thereof is then ceded from State Auto Mutual to each of State Auto P&C, Milbank, State Auto Insurance of Wisconsin, Farmers Casualty, State Auto Insurance of Ohio and State Auto Florida and the balance thereof is retained by State Auto Mutual, as such arrangement may be modified and supplemented and in effect from time to time.
Sample 1

Examples of Intercompany Pooling Arrangement in a sentence

  • REINSURANCE‌ Assumed‌ Excluding the Intercompany Pooling Agreement discussed in the “Ceded” section below, the Company does not assume any material amount of reinsurance.Ceded‌ Intercompany Pooling Arrangement Effective January 1, 2016, Harco (the “Pool Leader”) and six of its affiliates (collectively the “Pool Members”) are participants in an intercompany pooling arrangement whereby the Pool Leader and each Pool Member pool their net underwriting results proportionately among pool participants.

  • Bruggeman directed the Working Group to agenda item 2022-12: Review of INT 03-02: Modifications to an Existing Intercompany Pooling Arrangement.

  • The amounts payable by Patrons RI may be offset by reciprocal obligations due to Patrons RI from the Inter-company Pooling Arrangement, so that only net amounts shall be required to be transferred between the parties.

  • Exposed the intent to nullify INT 03-02: Modification to an Existing Intercompany Pooling Arrangement, as it is inconsistent with SSAP No. 25—Affiliates and Other Related Parties.

  • The amounts payable by Litchfield may be offset by reciprocal obligations due to Litchfield from the Inter-company Pooling Arrangement, so that only net amounts shall be required to be transferred between the parties.

  • Bruggeman directed the Working Group to agenda item 2022‐12: Review of INT 03‐02: Modifications to an Existing Intercompany Pooling Arrangement.

  • Modification to an Existing Intercompany Pooling Arrangement: Exposed the intent to nullify INT 03-02, as it is inconsistent with SSAP No. 25—Affiliates and Other Related Parties.

  • Marcotte stated that during the 2022 Fall National Meeting, the Working Group re-exposed the intent to nullify Interpretation (INT) 03-02: Modification to an Existing Intercompany Pooling Arrangement.

  • Ms. Marcotte stated that this agenda item proposes to nullify INT 03-02: Modification to an Existing Intercompany Pooling Arrangement, as it contains historical guidance that conflicts with SSAP No. 25.

  • Mr. Bruggeman directed the Working Group to agenda item 2022-12: Review of INT 03-02: Modification to an Existing Intercompany Pooling Arrangement.


More Definitions of Intercompany Pooling Arrangement

Intercompany Pooling Arrangement means the United Fire Group First Restated Reinsurance Pooling Agreement dated June 1, 2003 and the Xxxxxx Reinsurance Pooling Agreement dated January 1, 2006, as such agreements may be amended, restated, modified and supplemented and in effect from time to time.
Sample 1
Intercompany Pooling Arrangement means the Reinsurance Pooling Agreement amended and restated as of January 1, 2011 (and entered into as of January 3, 2011 by and among State Auto Mutual, State Auto P&C, Milbank, State Auto Wisconsin, Farmers Casualty, State Auto Ohio, State Auto Florida , Meridian Security, Meridian Citizens Mutual, Patrons Mutual Insurance Company of Connecticut, Litchfield Mutual Fire Insurance Company, Beacon National Insurance Company, Xxxxxxxx Insurance Company, Plaza Insurance Company, American Compensation Insurance Company and Bloomington Compensation Insurance Company, as such agreement may be modified and supplemented and in effect from time to time pursuant to this Agreement.
Sample 1
Intercompany Pooling Arrangement means the Reinsurance Pooling Agreement amended and restated as of January 1, 2005 by and among State Auto Mutual, State Auto P&C, Milbank, State Auto Wisconsin, Farmers Casualty, State Auto Ohio, State Auto Florida , Meridian Security and Meridian Citizens Mutual, as such agreement may be modified and supplemented and in effect from time to time, consistent with past practice.
Sample 1
Intercompany Pooling Arrangement means the pooling arrangement among State Auto Mutual, State Auto P&C and Milbank pursuant to which (a) State Auto P&C cedes to State Auto Mutual all of its insurance business, (b) Milbank cedes to State Auto Mutual its property and casualty insurance business and (c) State Auto Mutual retains its property and casualty insurance business, whereupon all such businesses are pooled and a portion thereof is then ceded from State Auto Mutual to each of State Auto P&C and Milbank and the balance thereof is retained by State Auto Mutual, as such arrangement may be modified and supplemented and in effect from time to time.
Sample 1
Intercompany Pooling Arrangement means the pooling arrangement among State Auto Mutual, State Auto P&C, Milbank, Midwest Security and Farmers Casualty pursuant to which (a) State Auto P&C cedes to State Auto Mutual all of its insurance business, (b) Milbank cedes to State Auto Mutual its property and casualty insurance business, (c) Midwest Security cedes to State Auto Mutual its property and casualty insurance business, (d) Farmers Casualty cedes to State Auto Mutual its property and casualty insurance business and (e) State Auto Mutual retains its property and casualty insurance business, whereupon all such businesses are pooled and a portion thereof is then ceded from State Auto Mutual to each of State Auto P&C, Milbank, Midwest Security and Farmers Casualty and the balance thereof is retained by State Auto Mutual, as such arrangement may be modified and supplemented and in effect from time to time.
Sample 1
Intercompany Pooling Arrangement means the Reinsurance Pooling Agreement amended and restated as of January 1, 2011 (and entered into as of January 3, 2011), as amended by the First Amendment effective December 31, 2011, by and among State Auto Mutual, the Borrower, Milbank, State Auto Insurance Company of Wisconsin, Farmers Casualty Insurance Company (which was merged out of existence on December 31, 2012), State Auto Ohio, State Auto Florida Insurance Company (which was merged out of existence on December 31, 2012), Meridian Security Insurance Company, Meridian Citizens Mutual Insurance Company, Patrons Mutual Insurance Company of Connecticut, Litchfield Mutual Fire Insurance Company (which was merged out of existence on March 31, 2013), Beacon National Insurance Company (which was merged out of existence on December 31, 2012), Xxxxxxxx Insurance Company, Plaza Insurance Company, American Compensation Insurance Company and Bloomington Compensation Insurance Company, as such agreement may be modified or supplemented and in effect from time to time in accordance with Section 6.13 of this Agreement.
Sample 1

Related to Intercompany Pooling Arrangement

  • Cash Pooling Arrangements means a deposit account arrangement among a single depository institution, the Borrower and one or more Foreign Subsidiaries involving the pooling of cash deposits in and overdrafts in respect of one or more deposit accounts (each located outside of the United States and any States and territories thereof) with such institution by the Borrower and such Foreign Subsidiaries for cash management purposes.

  • Servicing Arrangement is defined in Section 11.06(b).

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Intercompany Subordination Agreement means a subordination agreement executed and delivered by Borrowers and Agent, the form and substance of which is satisfactory to Agent.

  • Intercompany Payables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are payable by Seller or any of its Affiliates (other than the Company or its Subsidiaries) to the Bank, the Company or its other Subsidiaries.

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are receivable by the Acquired Companies, on the one hand, from Seller or any of its Affiliates (other than the Acquired Companies), on the other hand.

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Financing Arrangements means the arrangements between the Borrower and the State as per current policy of the Borrower, and acceptable to ADB;

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party and (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party.

  • Credit Enhancement Agreements means, collectively, any documents, instruments, guarantees or agreements entered into by the Issuer, any of its Restricted Subsidiaries or any Securitization Entity for the purpose of providing credit support (that is reasonably customary as determined by Issuer’s senior management) with respect to any Permitted Funding Indebtedness or Permitted Securitization Indebtedness.

  • Intercompany Debt has the meaning specified in Section 7.02.

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Tax Receivable Agreements means this Agreement, the Investors Tax Receivable Agreement (Exchanges) and the Management Tax Receivable Agreement.

  • Intercompany Agreements has the meaning set forth in Section 2.03(a).

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.

  • Intercompany Agreement means the agreement regarding the treatment of certain existing intercompany balances entered into on June 11, 2020 by and among ODBINV S.A. - Em Recuperação Judicial, Odebrecht S.A. - Em Recuperação Judicial and Odebrecht Engenharia e Construção S.A., as generally described and summarized in “The Restructuring – Treatment of Intercompany Claims” of the Consent Solicitation Statement.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Tax Receivable Agreement means the Tax Receivable Agreement, dated on or about the date hereof, among the Managing Member and the Holdings Unitholders (as defined in the Exchange Agreement) from time to time party thereto, as it may be amended or supplemented from time to time.

  • Tax Sharing Arrangement means any written or unwritten agreement or arrangement for the allocation or payment of Tax liabilities or payment for Tax benefits with respect to a consolidated, combined or unitary Tax Return which includes the Company.

  • Deferred Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

  • Continuing Arrangements means those arrangements set forth on Schedule 1.1(24) and such other commercial arrangements among the Parties that are intended to survive and continue following the Separation Time; provided, however, that for the avoidance of doubt, Continuing Arrangements shall not be Third Party Agreements.

  • Distribution Agreements means (i) any and all agreements entered into by a Credit Party, pursuant to which such Credit Party has sold, leased, licensed or assigned distribution rights or other exploitation rights to any Item of Product to an un-Affiliated Person, and (ii) any and all agreements hereafter entered into by a Credit Party pursuant to which such Credit Party sells, leases, licenses or assigns distribution rights or other exploitation rights to an Item of Product to an un-Affiliated Person.