LIFCO definition
Examples of LIFCO in a sentence
Exhibit K1 is the form currently being used by LIFCO on behalf of USCasualty in Louisiana, Exhibit K2 is the form currently being used by LIFCO on behalf of USDirect in Illinois, and Exhibit K3 is the form currently being used by LIFCO on behalf of USDirect in Alabama.
For the avoidance of doubt, the Funding Agreements between LIFCO and (i) Insura Property and Casualty Company dated April 1, 2011 and (ii) each of USAgencies Casualty Insurance Company, Inc.
LIFCO, Retail, Premium Finance and Property are sometimes referred to herein collectively as the “Retail Entities” and individually as a “Retail Entity”.
Holdings or one of its direct or indirect Subsidiaries owns all of the issued and outstanding equity interests of (i) Affirmative Retail, Inc., a Texas corporation (“Retail”), (ii) Affirmative Premium Finance Holdings, Inc., a Delaware corporation (“Premium Finance”), (iii) Affirmative Property Holdings, Inc., a Texas corporation (“Property”), (iv) LIFCO, LLC, a Louisiana limited liability company (“LIFCO”).
The forms of Premium Finance Agreement furnished to Lender by LIFCO, copies of which are attached hereto as Exhibits K-1, K-2 and K-3, are forms which are currently outstanding and/or which are currently being used to evidence the financing of all current, new and renewal insurance premiums produced by USCasualty in Louisiana and USDirect in Illinois and Alabama.