Surplus Note Agreements definition

Surplus Note Agreements means the Loan Agreement dated as of July 1, 2010 between CastlePoint National Insurance Company and Adirondack Insurance Exchange (“AIE”), the Loan Agreement dated as of July 1, 2010 between Hermitage Insurance Company and AIE, the Loan Agreement dated as of July 1, 2010 between Tower Insurance Company of New York and AIE, the Loan Agreement dated as of July 1, 2010 between CastlePoint Insurance Company and AIE, the Loan Agreement dated as of July 1, 2010 between CastlePoint Reinsurance Company Ltd. and AIE and the Loan Agreement dated as of July 1, 2010 between CastlePoint Reinsurance Company Ltd. and New Jersey Skylands Insurance Association, as the same may be amended, extended or refinanced from time to time.
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Examples of Surplus Note Agreements in a sentence

  • To (i) make any loans to or purchase or redeem any Equity Interests in, (ii) incur contingent liabilities or otherwise provide credit support (including granting a Lien on any of its assets) for the Indebtedness of, or (iii) enter into any net worth maintenance agreements with respect to, any Reciprocal Insurer except as required pursuant to the Surplus Note Agreements, provided that the amount of any such loans made after the date hereof shall not exceed $30,000,000.

  • To (i) make any loans to or purchase or redeem any Equity Interests in, (ii) incur contingent liabilities or otherwise provide credit support (including granting a Lien on any of its assets) for the Indebtedness of, or (iii) enter into any net worth maintenance agreements with respect to, any Reciprocal Insurer except as required pursuant to the Surplus Note Agreements, provided that the amount of any such loans made after the Closing Date shall not exceed $30,000,000.