Common use of Investment Assets Clause in Contracts

Investment Assets. (a) Except as would not, individually or in the aggregate, reasonably be likely to have a Company Material Adverse Effect, (i) each of the investment assets owned by a Company Insurance Entity (the “Investment Assets”) complied in all respects with the investment policies and guidelines as in effect at the time such Investment Asset was acquired by the applicable Company Insurance Entity (the “Investment Guidelines”) and (ii) the Company and each of its Subsidiaries has good and marketable title in and to all of the Investment Assets it purports to own, free and clear of all Liens.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (CF Corp), Agreement and Plan of Merger (Fidelity & Guaranty Life)

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Investment Assets. (a) Except as has not had and would not, individually or in the aggregate, reasonably be likely expected to have a Company Material Adverse Effect, (i) each of the investment investments assets owned by a Company Insurance Entity (the “Investment Assets”) complied in all respects with the investment policies and guidelines as in effect at the time such Investment Asset was acquired by the applicable Company Insurance Entity (the “Investment Guidelines”) and (ii) the Company and each of its Subsidiaries subsidiaries has good and marketable title in and to all of the Investment Assets it purports to own, free and clear of all Liensclaims, liens, charges, security interests or encumbrances.

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Phoenix Companies Inc/De)

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Investment Assets. (a) Except as would not, individually or in the aggregate, reasonably be likely expected to have a Company Material Adverse Effect, (i) each of the investment assets owned by a Company Insurance Entity Subsidiary (the “Investment Assets”) complied in all respects with the investment policies and guidelines as in effect at the time such Investment Asset was acquired by the applicable Company Insurance Entity Subsidiary (the “Investment Guidelines”) and (ii) the Company and each of its Subsidiaries has good and marketable title in and to all of the Investment Assets it purports to own, free and clear of all Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Fidelity & Guaranty Life)

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