Blue Capital Re definition

Blue Capital Re means Blue Capital Re Ltd., a wholly owned direct subsidiary of Parent and an exempted company incorporated in Bermuda (registered number 47922) whose registered office is at Canon’s Court, 00 Xxxxxxxx Xxxxxx, Xxxxxxxx XX 00, Bermuda.
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Blue Capital Re means Blue Capital Re Ltd., a wholly owned direct subsidiary of Parent and an exempted company incorporated in Bermuda (registered number 47922) whose registered office is at Canon’s Court, 22 Victoria Street, Hamilton HM 12, Bermuda.
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Examples of Blue Capital Re in a sentence

  • The Parties agree that if the Reinsurance Manager is requested by Parent or Blue Capital Re to continue to manage Blue Capital Re upon the termination of this Agreement, the Reinsurance Manager will continue to be compensated in accordance with the terms of Article VI hereof for the provision of run-off management services by the Reinsurance Manager following the termination of this Agreement.

  • Parent, on behalf of itself and its subsidiaries, hereby appoints the Reinsurance Manager to undertake the duties normally performed by a reinsurance manager with full power and authority (subject to the Underwriting Guidelines, the terms and conditions of this Agreement, the oversight of the boards of directors of Parent and its subsidiaries and the Applicable Requirements) to act as reinsurance manager for Blue Capital Re, and the Reinsurance Manager hereby accepts such appointment.

  • All notices, requests and other communications to either Party hereunder shall be in writing and shall be deemed given if delivered personally, facsimiled (which is confirmed) or sent by overnight courier (providing proof of delivery) to the Parties at the following addresses: If to Parent or Blue Capital Re, to: Address: Canon’s Court, 00 Xxxxxxxx Xxxxxx, Xxxxxxxx XX 00, Bermuda.

  • Parent and Blue Capital Re desire that the Reinsurance Manager provide certain underwriting, management and administrative services with respect to Blue Capital Re’s business activities, and the Reinsurance Manager is willing to provide such services on the terms and conditions set forth in this Agreement.

  • The liability of the Reinsurer for the performance and discharge of all of its obligations, however they may arise, in relation to this Contract (together “Obligations” for purposes of this Article), shall be limited to and payable solely from the proceeds of realization of the assets of the Trust Fund established in accordance with this Contract, and accordingly there shall be no recourse to any other assets of Blue Capital Re Ltd.

  • For reinsurance contracts which incorporate minimum premium amounts, Blue Capital Re typically writes the entire ultimate premium at inception, and earns the associated premium after the premium is written over the term of the contract.

  • For reinsurance contracts which do not incorporate minimum premium amounts, Blue Capital Re typically writes the premium over the term of the contract, and earns the associated premium in the same periods that the premium is written.

  • We, the Chief Executive Officer and Compliance Officer of the Company do hereby certify that to the best of our knowledge and belief, this financial condition report fairly represents the financial condition of Blue Capital Re Ltd.

  • During the three month period ended March 31, 2014, Blue Capital Re earned $10.2 million of reinsurance premiums, representing approximately 25% of the expected total annual premium associated with its in-force reinsurance contracts at March 31, 2014.

  • The Court takes the factual allegations of Plaintiff’s complaint as true for purposes of the motions to dismiss.

Related to Blue Capital Re

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness and sales of debt securities (other than Working Capital Borrowings and other than for items purchased on open account in the ordinary course of business) by any Group Member; (b) sales of equity interests by any Group Member (including the Common Units sold to the Underwriters pursuant to the exercise of their over-allotment option); and (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, and (ii) sales or other dispositions of assets as part of normal retirements or replacements.

  • Virginia venture capital account means an investment fund that has been certified by the

  • Capital Reserve means for any period and with respect to a Property (other than any Projects Under Development), an amount equal to the product of (i) the gross leaseable area contained in such Property (in square feet), multiplied by (ii) $0.30 per annum.

  • CCMA means the Commission for Conciliation, Mediation and Arbitration established in terms of section 112 of the Labour Relations Act, 1995;

  • Working Capital Reserve means a cash reserve held in the Operating Account that is readily available to Manager during the Term to finance the services, repairs and maintenance described in Section 5.2 including Minor Capital Expenditures and Major Capital Expenditures, insurance premiums for the Property described in Section 9.1, and utilities for the Property, in such amounts as determined by the Owner in its sole discretion.

  • Capital Reorganization has the meaning ascribed thereto in subsection 2.12(4);

  • Core Capital means fully paid up members‟ shares, capital issued, disclosed reserves, retained earnings, grants and donations all of which are not meant to be expended unless on liquidation of the Sacco society

  • Capital Reserves means, for any period and with respect to a Property, an amount equal to (a) $0.05 per square foot times (b) a fraction, the numerator of which is the number of days in such period and the denominator of which is 365. If the term Capital Reserves is used without reference to any specific Property, then the amount shall be determined on an aggregate basis with respect to all Properties of the Trust and its Subsidiaries and a proportionate share of all Properties of all Unconsolidated Affiliates.

  • Pure captive insurance company means a company that

  • Capital Replacement means the replacement of those items listed on Exhibit F.

  • Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.

  • Private Capital means, if the Issuer is Matching Private Investment Supported (as defined in the Definitive Agreement), the equity capital received by the Issuer or the applicable Affiliate of the Issuer from one or more non-governmental investors in accordance with Section 1.3(m) of the Definitive Agreement.

  • Sponsored captive insurance company means a captive insurance company:

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Licensed financial institution means a financial institution issued a license under this act.

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

  • parent financial holding company in a Member State means a financial holding company which is not itself a subsidiary of an institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in the same Member State;

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • Captive insurance company means any pure captive insurance company, association captive

  • Capital Increase shall have the meaning specified in Section 2.1.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Capital investment means an investment in real property, personal property, or both, at a

  • Alternative Investments means investments in the said State which are within the ability and competence of the Company or of corporations which are related to the Company for the purposes of the Companies (Western Australia) Code and which are approved by the Minister from time to time as alternative investments for the purpose of this Agreement (which approval shall not be unreasonably withheld in the case of an investment which would add value or facilitate the addition of value, beyond mining, to the mineral resources of the said State);”;

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Master Fund means a registered investment company or a series thereof in which the Trust or a Series, as applicable, invests all or substantially all of its assets pursuant to a master/feeder fund structure as described in Section 8.3(c);