Alterra Bermuda definition

Alterra Bermuda means Alterra Bermuda Limited, the Bermuda company resulting from the amalgamation of Alterra Insurance and Harbor Point Re.
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Alterra Bermuda has the meaning set forth in the introductory paragraph.
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Alterra Bermuda means Alterra Bermuda Ltd. (formerly known as Max Bermuda Ltd.), a company incorporated in Bermuda with its registered office at Xxxxxxx Xxxxx, 0 Xxxxx Xxxxxx, Xxxxxxxx, Bermuda;
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Examples of Alterra Bermuda in a sentence

  • Effective August 1, 2013, ALRE entered into a commutation and release agreement with Alterra Bermuda Limited, in respect of the Property Quota Share Retrocession Agreement which both parties entered into in January 1, 2010.

  • Alterra Bermuda is prohibited from declaring or paying dividends if it is in breach of its enhanced capital requirement, solvency margin or minimum liquidity ratio or if the declaration or payment of such dividend would cause such a breach.

  • Neither Alterra Capital nor Alterra Bermuda nor any other Borrower organized under the laws of Bermuda is engaged in the “Investment Business” as defined in the Investment Business Act of 2003 of Bermuda.

  • Alterra and Alterra Bermuda are incorporated in Bermuda and pursuant to Bermuda law are not taxed on either income or capital gains.

  • Alterra Capital and Alterra Bermuda shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a commitment fee equal to 0.125% per annum times the Dollar Equivalent of the actual daily amount by which the Aggregate Commitments exceeds the Total Outstanding Amount.

  • Permit the Financial Strength Rating of Alterra Bermuda or any Designated Borrower which is an Insurance Subsidiary to fall below the rating of “B++”.

  • Except as otherwise expressly provided herein, the obligations of each Borrower shall be several in nature; it being understood that no Borrower that is an Insurance Subsidiary (other than Alterra Bermuda as expressly provided herein) shall be liable for the obligations of any other Borrower.

  • Additionally, reports are available from the Ministry of Science and Education (MSE), the Ministry of Justice (MJ) and the Ministry of the Interior (MIA), the Ministry of Health and Croatian Institute of Public Health (CIoPH).

  • In December 2012, Alterra Bermuda renewed a $75,000 letter of credit facility with The Bank of Nova Scotia, which expires on December 13, 2013.

  • Each contract will be approved by the Chief Underwriting Officer, Reinsurance of Alterra Bermuda Limited prior to binding.

Related to Alterra Bermuda

  • Bermuda means the Islands of Bermuda;

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Topco has the meaning set forth in the Preamble.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

  • Captive Insurance Subsidiary means any Subsidiary of the Borrower that is subject to regulation as an insurance company (or any Subsidiary thereof).

  • NCLT means the Hon’ble National Company Law Tribunal, Kolkata Bench;

  • Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX00000;

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • PLC means Programmable Logic Controller;

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Foster child means a child who has been removed from his or her home pursuant to Section 309 of the Welfare and Institutions Code (“WIC”), is the subject of a petition filed under Section 300 or 602 of the WIC, or has been removed from his or her home and is the subject of a petition filed under WIC section 300 or 602.

  • Carnival means an enterprise offering amusement or entertainment to the public in, upon, or by means of amusement devices or rides or concession booths.

  • MFET Limited means the company limited by guarantee (number 7121661) of that name, established for the purpose in particular of making payments in accordance with arrangements made with the Secretary of State to persons who have acquired HIV as a result of treatment by the NHS with blood or blood products;

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Mauritius means the Republic of Mauritius and includes: (i) all the territories and islands which, in accordance with the laws of Mauritius, constitute the State of Mauritius; (ii) the territorial sea of Mauritius; and (iii) any area outside the territorial sea of Mauritius which in accordance with international law has been or may hereafter be designated, under the laws of Mauritius, as an area, including the Continental Shelf, within which the rights of Mauritius with respect to the sea, the sea-bed and sub-soil and their natural resources may be exercised;

  • Intermediate Holdco means Sunnova Intermediate Holdings, LLC, a Delaware limited liability company.

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Co-Issuer means the Person named as the “Co-Issuer” in the first paragraph of this Indenture, until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Co-Issuer” shall mean such successor Person.

  • AGL means Atlanta Gas Light Company.

  • General Motors Financial Company, Inc. means General Motors Financial Company, Inc. (f/k/a AmeriCredit Corp.).

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Ocean marine insurance means insurance against loss of or damage to:

  • Charter Capital means the amount of capital contributed by all Shareholders and mentioned in Article 5 of this Charter.