Initial Capitalization. The Borrower shall have received one or more capital contributions in an aggregate amount of not less than $[****], (i) $[****] of which shall be deposited into the Surplus Account, (ii) $[****] of which shall be deposited into the Reinsurance Trust Account and (iii) $250,000 of which shall be deposited into the Regulatory Account.
Appears in 2 contracts
Sources: Reimbursement Agreement (Protective Life Insurance Co), Reimbursement Agreement (Protective Life Corp)