Non-Admitted Assets definition

Non-Admitted Assets means, with respect to any Regulated Entity, assets which are not Admitted Assets.
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Non-Admitted Assets means any assets of the Company required to be reported as "assets not admitted" on EXHIBIT 13 of any Annual Statement or Quarterly Statement filed by Savers.
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Non-Admitted Assets means, with respect to CHLIC or any HMO Company, assets which are not Admitted Assets with respect to CHLIC or such HMO Company, as the case may be.
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Examples of Non-Admitted Assets in a sentence

  • The Borrower will not permit any Insurance Subsidiary to own any material amount of Non-Admitted Assets.

  • The Purchaser will not own any material amount of Non-Admitted Assets.

  • Savers will take such steps as are necessary to ensure that such investment Assets that are classified as Non-Admitted Assets under SAP or by the applicable insurance regulatory authorities for Savers, do not at any time exceed the respective amounts of Non-Admitted assets for Savers as of December 31, 1995.

  • Savers will take such steps as are necessary to ensure that such investment Assets that are classified as Non-Admitted Assets under SAP or by the applicable insurance regulatory authorities for Savers, do not at any time exceed the respective amounts of Non-Admitted assets for Savers as of December 31, 1996.


More Definitions of Non-Admitted Assets

Non-Admitted Assets has the meaning set forth in Annex A hereto.
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Non-Admitted Assets means assets which are prohibited by Insurance Regulatory Authorities from being treated as assets for statutory reporting purposes. Opt-In Claim
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