Material Insurance Subsidiary definition
Material Insurance Subsidiary means any Insurance Subsidiary that is a Material Subsidiary.
Material Insurance Subsidiary means an Insurance Subsidiary which is also a Material Subsidiary.
Material Insurance Subsidiary means any Insurance Subsidiary (whether existing on or acquired or formed after the Closing Date) having Capital and Surplus equal to 10% or more of the Consolidated Net Worth of the Borrower as of the most recent Annual Statement or Interim Statement of such Insurance Subsidiary.
Examples of Material Insurance Subsidiary in a sentence
The Borrower shall not permit the Risk Based Capital Ratio of any Material Insurance Subsidiary to be less than 150%.
More Definitions of Material Insurance Subsidiary
Material Insurance Subsidiary means an Insurance Subsidiary having Capital and Surplus of $50,000,000 or more.
Material Insurance Subsidiary means, at any time, any Insurance Subsidiary having Statutory Surplus of $10,000,000 or more at such time.
Material Insurance Subsidiary means a Material Subsidiary that is also an Insurance Subsidiary. As of the date of this Agreement, American Equity Investment Life Insurance Company constitutes the only Material Insurance Subsidiary.
Material Insurance Subsidiary means any of CIC, HIC and CSL and any other Insurance Subsidiary that constitutes a Material Subsidiary.
Material Insurance Subsidiary means any Insurance Subsidiary of AIG that owns (i) total assets in excess of $75,000,000 or (ii) Equity Interests in or Indebtedness of any other Subsidiary described in clause (i).
Material Insurance Subsidiary means (i)(A) Athene Annuity & Life Assurance Company, a Delaware corporation, and (B) Athene Annuity and Life Company, a stock life insurance company organized under the laws of Iowa, and (ii) any other Insurance Subsidiary (whether existing on or acquired or formed after the Effective Date) organized under the laws of any jurisdiction within the United States or any political subdivision thereof (a “U.S. Insurance Subsidiary”) having Capital and Surplus, calculated excluding the value of its investment in any other U.S. Insurance Subsidiary of AHL, equal to 10% or more of the sum total of the Capital and Surplus of all of AHL’s U.S. Insurance Subsidiaries, with the Capital and Surplus of each U.S. Insurance Subsidiary being added to the sum excluding the value of its investment in any other U.S. Insurance Subsidiary of AHL.
Material Insurance Subsidiary means a Material Subsidiary that is also an Insurance Subsidiary. As of the Restatement Effective Date, Falls Lake Fire and Casualty, Falls Lake National, J▇▇▇▇ River Casualty, J▇▇▇▇ River Insurance, JRG Reinsurance and Stonewood Insurance constitute the Material Insurance Subsidiaries.