Common use of Minimum Statutory Surplus Clause in Contracts

Minimum Statutory Surplus. The Borrower will at all times cause Navigators Insurance Subsidiaries to maintain an aggregate Statutory Surplus of not less than $549,000,000.

Appears in 1 contract

Sources: Funds at Lloyd’s Letter of Credit Agreement (Navigators Group Inc)

Minimum Statutory Surplus. The Borrower will at all times cause Navigators Insurance Subsidiaries to maintain an aggregate Statutory Surplus of not less than $549,000,000529,729,600.

Appears in 1 contract

Sources: Letter of Credit Agreement (Navigators Group Inc)

Minimum Statutory Surplus. The Borrower will at all times cause Navigators Insurance Subsidiaries to maintain an aggregate Statutory Surplus of not less than $549,000,000699,446,719.

Appears in 1 contract

Sources: Letter of Credit Agreement (Navigators Group Inc)