Examples of Bermuda Company in a sentence
In the case of PDC Capital Corporation, conduct, transact or otherwise engage in, or commit to conduct, transact or otherwise engage in, any business, or operations other than those incidental to its obligations under the Bermuda Company Agreements.
Under the Bermuda Companies Act, only a person who agrees to become a shareholder of a Bermuda Company and whose name is entered in the register of members of such a Bermuda company is considered a member with rights to attend and vote at general meetings of such company.
Pursuant to Bermuda Company Law, difference between the issue price and fair value of the Issued Shares amounted to $345,800,000 and issue price of the Puttable Shares amounted to$280,000,000 were debited to other reserves.
Pursuant to Bermuda Company Law, difference between the issue price and fair value of the issued shares amounting to $345,800,000 and issue price of the Puttable Shares amounting to $280,000,000 were debited to other reserves.
In March 1997, BTRN Asia transferred 31% of its shares in the Company to the Bermuda Company Belgravia One Limited, an overseas holding Company with joint investment from USI Corporation and UPC Technology Corporation.
Google BV exists because royalties paid directly from an Irish company to a Bermuda Company are subject to Irish withholding tax but that tax does not apply to an EU resident company, such as Google BV.
For purposes of this Agreement, “Group Company” shall mean and include any company which is from time to time a holding company (as defined by Section 86 of the Companies Axx 0000 (the “Companies Act”), but irrespective of whether it is a Bermuda Company or an overseas company) of the Company, a subsidiary company (as so defined) of the Company, a subsidiary company (as so defined) of a holding company (as so defined) of the Company or in which the Company owns at least 50% of the issued share capital.
Bermuda Company OIC Holdings, Inc.An organizational chart reflecting the relationship between the Company and significant entities in its holding company system as of December 31, 2011, follows: AFICAdministrators, Inc.Monitor Life Insurance Company of New York Infolockbox.com, Inc.
None of HoldCo, the Surviving Bermuda Company, the Surviving Delaware Corporation or the Exchange Agent will be liable to any holder or former holder of Company Common Stock or to any other Person with respect to any Delaware Merger Consideration (or dividends or distributions with respect to shares of HoldCo Common Stock included in the Delaware Merger Consideration) delivered to any public official pursuant to any applicable abandoned property law, escheat law or similar Legal Requirement.
Background Global Crossing Ltd., a Bermuda Company in provisional liquidation in the Supreme Court of Bermuda (“GCL” and, together with its consolidated subsidiaries, the “Company”) provides telecommunications solutions over the world’s first integrated global Internet Protocol (“IP”) based network, which reaches 27 countries and more than 200 major cities around the globe.