TRLIC definition
Examples of TRLIC in a sentence
Prior to the Closing, the Company shall use its reasonable best efforts to cause TRLIC to pay a dividend in an amount equal to the Specified Pre-Closing Dividend Amount to TRLI.
Parent shall cause TRLIC to make all payments due under the Phantom Plan no later than the second payroll date following the Closing Date.
To the extent that all or any portion of such dividend is approved by the Connecticut Insurance Department, or may be paid without such approval, then the Company shall, prior to the Closing, cause (a) TRLIC to pay a dividend of the same amount to TRLI, (b) TRLI to then pay a dividend of the same amount to Hopmeadow Acquisition and (c) Hopmeadow Acquisition to then pay a dividend of the same amount to the Company.
Parent shall promptly notify the LP Unitholder Representative in writing upon receipt by Parent, any of its Affiliates or the Company of notice of any pending or threatened federal Tax audits, examinations or assessments in respect of the Company or TRLIC and its Subsidiaries which could reasonably be expected to materially increase the earnings and profits of the Company for any taxable year beginning before December 31, 2020.