Quarterly Statutory Statement definition

Quarterly Statutory Statement means the quarterly statutory financial statements of the named entity as filed with the applicable state insurance regulator for the quarter ending June 30, 2004.
Quarterly Statutory Statement has the meaning set forth in Section 3.7(b).
Quarterly Statutory Statement means the quarterly statutory financial statement of an Insurance Subsidiary required to be filed with the Applicable Department of Insurance.

Examples of Quarterly Statutory Statement in a sentence

  • TALLAHASSEE DEMOCRAT (SPONSORED STORIES) Approximately 40 residents of the Westminster Oaks retirement community visited Tallahassee Community College on October 6 to learn more about TCC and how they can get connected with the College’s programs and students .The residents toured the Lei Wang STEM Center, the TCC Fine Art Gallery, the Pankowski Honors Lounge and the Theatre TCC! costume shop .

  • Following the settlements with Flagstar, Bank of America and Société Générale, the Company reaffirmed in its March 31, 2013 Quarterly Statutory Statement that expected liquidity and capital forecasts for 2013 reflect adequate resources to pay expected claims.2 Additionally, the Company has access to the Bank of America Secured Loan in order to pay claims.

  • Except as set forth in Section 4.10 of the Disclosure Schedule, none of the Reserves reflected on the Quarterly Statutory Statement dated as of the Reference Date have been discounted in any manner.

  • Quarterly Statutory Statement The most recent filed quarterly statutory statement should be included with the application.

  • Seller shall cause the Closing Surplus of Southern Security to be not less than the Surplus reflected on the balance sheet of the Quarterly Statutory Statement as of September 30, 2006 (the "Statutory Balance Sheet").

  • The Subject Schedule D shall be prepared in a manner consistent with Schedule D to the Quarterly Statutory Statement of the Company for the period ended on the Reference Date (the "REFERENCE SCHEDULE D").


More Definitions of Quarterly Statutory Statement

Quarterly Statutory Statement means the quarterly statutory financial statement of an Insurance Subsidiary required to be filed with the Applicable
Quarterly Statutory Statement means the Quarterly Statement of the Condition and Affairs of the Company, when filed with the New York Department of Insurance, for the quarterly periods ended September 30, 2000, and all subsequent quarterly periods for which quarterly financial statements are required which end prior to the Closing Date.
Quarterly Statutory Statement means the quarterly statutory financial statement of the Insurance Subsidiary required to be filed with the Arkansas Department. (c) The following definitions in Section 1.1 of the Credit Agreement are hereby amended and restated in their entirety to read as follows: “Aggregate Revolving Commitments” shall mean the Revolving Commitments of the Lender at any time outstanding. On the First Amendment Effective Date, the aggregate amount of the Aggregate Revolving Commitments is Seventy-Five Million Dollars ($75,000,000). “Applicable Insurance Regulatory Authority” shall mean, (a) with respect to any Insurance Brokerage Entity, the Governmental Authority located in the jurisdiction in which such Insurance Brokerage Entity is domiciled or such other jurisdiction which due to the nature of such Insurance Brokerage Entity’s activities, has regulatory authority over such Person, and any federal Governmental Authority regulating the insurance industry and/or the insurance brokerage industry and (b) with respect to the Insurance Subsidiary, the Arkansas Department and, to the extent it has regulatory authority over the Insurance Subsidiary, the insurance department or similar Governmental Authority charged with regulating insurance companies or insurance holding companies in each other jurisdiction in which the Insurance Subsidiary conducts business or is licensed to conduct business. “Capital Expenditures” shall mean for any period, without duplication, (a) the additions to property, plant and equipment and other capital expenditures of the Parent and its Subsidiaries (other than the Insurance Subsidiary) that are (or would be) set forth on a consolidated statement of cash flows of the Parent for such period and (b) Capital Lease Obligations incurred by the Parent and its Subsidiaries (other than the Insurance Subsidiary) during such period. “Consolidated EBITDA” shall mean, for the Parent and its Subsidiaries (other than the Insurance Subsidiary) for any period, determined on a consolidated basis, an amount equal to the sum of (a) Consolidated Net Income for such period plus (b) to the extent deducted in determining Consolidated Net Income for such period, without duplication, (i) Consolidated Interest Expense for such period, (ii) income tax expense for such period, (iii) depreciation and amortization for such period, (iv) non-cash charges, expenses or losses (including, without limitation, non-cash costs and/or expenses incurred pursuant to any management equity...

Related to Quarterly Statutory Statement

  • Statutory Statement means a statement of the condition and affairs of an Insurance Subsidiary, prepared in accordance with accounting procedures and practices prescribed or permitted by an applicable insurance regulatory authority or the NAIC, as modified in accordance with permitted practices approved by an applicable insurance regulatory authority, and filed with an applicable insurance regulatory authority or the NAIC.

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Statutory Statements has the meaning set forth in Section 3.6(b).

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Authority charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • Annual Statement means, with respect to any Insurance Subsidiary for any fiscal year, the annual financial statements of such Insurance Subsidiary as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.

  • NAIC Annual Statement is defined in Section 6.2(a).

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Explanatory Statement means the explanatory statement which forms part of the Notice;

  • Annual Financial Statement is defined in Section 10.1(a).

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Audited financial statement means a financial statement audited by an outside accounting firm.

  • Target Financial Statements has the meaning set forth in Section 3.4.

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2017, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.

  • Comparative Financial Status Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • CMSA Comparative Financial Status Report The monthly report in "Comparative Financial Status Report" format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "Comparative Financial Status Report" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Master Servicer or the Special Servicer, as applicable.

  • Pre-Contractual Statement means a draft agreement, undertaking, representation, warranty, promise, assurance or arrangement of any nature whatsoever, whether or not in writing, relating to this Agreement made or given by a Party to this Agreement or any other person at any time prior to the date of this Agreement.

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Initial Financial Statements means (a) the audited annual Consolidated financial statements of Borrower dated as of December 31, 2009, and (b) the unaudited quarterly Consolidated financial statements of Borrower dated as of March 31, 2010.

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • Buyer Financial Statements shall have the meaning set forth in Section 4.6.

  • CREFC® Comparative Financial Status Report The monthly report in “Comparative Financial Status Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.