Common use of XLFA Redomestication Clause in Contracts

XLFA Redomestication. Prior to the Closing, the SCA Parties shall pre-clear the certificate that will effect the XLFA Redomestication with the Delaware Secretary of State and provide evidence of such pre-clearance to the other parties hereto. At the Closing, after XLFA receives the Cash Consideration Amount to be received by it under Section 2.08, the SCA Parties shall cause such pre-cleared certificate to be filed with the Secretary of State of Delaware, thereby effecting the XLFA Redomestication.

Appears in 4 contracts

Samples: Release and Restructuring Agreement (Xl Capital LTD), Release and Restructuring Agreement (Security Capital Assurance LTD), Commutation and Release Agreement (Security Capital Assurance LTD)

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