Non-Insurance Subsidiary means any Subsidiary which is not an Insurance Subsidiary.

Non-Insurance Subsidiary means any Subsidiary of the Borrower (a) that is not an Insurance Subsidiary, (b) does not own directly or indirectly any outstanding shares or other equity interests of any Insurance Subsidiary and (c) the outstanding shares or other equity interests of which are not owned directly or indirectly by an Insurance Subsidiary.

Non-Insurance Subsidiary means any subsidiary of a mutual

Examples of Non-Insurance Subsidiary in a sentence

Non-Insurance Subsidiary means any Subsidiary of the Borrower which is not an Insurance Subsidiary.
Schedule 4.13 as updated from time to time pursuant to Section 5.1(l) contains a complete list of the Borrower's Subsidiaries and designates each such Subsidiary as an Insurance Subsidiary or a Non-Insurance Subsidiary.
Letters of Credit issued hereunder will be used solely (a) to secure the obligations of the Borrower or the Borrower’s Insurance Subsidiaries or (b) subject to the Non-Insurance Subsidiary Letter of Credit Sublimit, to secure the obligations of a Subsidiary of the Borrower other than an Insurance Subsidiary.
Schedule 4.9 as updated from time to time pursuant to Section 5.1(i) contains a complete list of the Borrower's Subsidiaries and designates each such Subsidiary as an Insurance Subsidiary or a Non-Insurance Subsidiary.
Engage, and cause each Material Subsidiary (other than RIHL and RIHL II) to engage, primarily in the business of insurance and reinsurance activities and in reasonable extensions thereof (including the management of Insurance-Linked Securities Funds through a Non-Insurance Subsidiary or through the ILS Fund Group) and other businesses that are complimentary or reasonably related to the activities described in the Borrower’s 10-K filing for the Fiscal Year ending December 31, 2014.

More Definitions of Non-Insurance Subsidiary

Non-Insurance Subsidiary means any Subsidiary of Borrower that is neither an Insurance Subsidiary nor a Subsidiary of an Insurance Subsidiary.

Non-Insurance Subsidiary any Subsidiary other than an Insurance Subsidiary.

Non-Insurance Subsidiary each Subsidiary of the Borrower set forth on Schedule 4.1 under the heading "Not Engaged in an Insurance Business."

Non-Insurance Subsidiary means each Subsidiary of the Borrower set forth on Schedule 4.1 under the heading "Non-Insurance Subsidiaries."

Non-Insurance Subsidiary means at any time any Subsidiary of Surviving Xxxxxx Xxxxx which is not an Insurance Subsidiary. "NON-U.S. NOTEHOLDER" is defined in SECTION 4.10.

Non-Insurance Subsidiary means any Subsidiary which is not an Insurance Subsidiary. "PERSON" shall mean an individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association or Governmental Authority. "SUBSIDIARY" of a person means any corporation, association, partnership, limited liability company, joint venture or other business entity of which more than 50% of the voting stock, membership interests or other equity interests (in case of Persons other than corporations), is owned or controlled directly or indirectly by the Person, or one or more of the Subsidiaries of the Person, or a combination thereof. Unless the context otherwise clearly requires, references herein to a "Subsidiary" refer to a Subsidiary of the Borrower. "SURETY INSTRUMENTS" means all letters of credit (including standby and commercial), banker's acceptances, surety bonds and similar instruments but excluding insurance and reinsurance obligations and surety obligations, in each case entered into in the ordinary course of business. "TOTAL CAPITALIZATION" shall be defined as (a) Debt plus (b) Total Shareholder's Equity of the Borrower. "TOTAL SHAREHOLDER'S EQUITY" shall mean the total shareholder's equity as determined in accordance with generally accepted accounting principles (calculated excluding unrealized gains (losses) of securities as determined in accordance with FASB 115).