Brighthouse Reinsurance definition

Brighthouse Reinsurance means Brighthouse Reinsurance Company of Delaware, a Delaware corporation.
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Brighthouse Reinsurance means Brighthouse Reinsurance Company of Delaware, a Delaware corporation. “Borrowing” has the meaning set forth in Section 1.03.
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Brighthouse Reinsurance means Brighthouse Reinsurance Company of Delaware, a Delaware corporation. “Borrowing” shall have the meaning set forth in Section 1.03. “Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks are authorized to close under the Laws of, or are in fact closed in, the state where the Administrative Agent’s office set forth on the Administrative Agent’s signature page hereto is located and, if such day relates to any Euro-Dollar Rate Loan, means any such day that is also a London Banking Day. “Capital Stock” means any and all shares, interests, participations or other equivalents (however designated) of capital stock of a corporation, any and all equivalent ownership interests in a Person (other than a corporation), including partnership interests and membership interests, and any and all warrants, rights or options to purchase or other arrangements or rights to acquire any of the foregoing. “Change of Control” means any event or series of events by which: (i) prior to the Spin-Off Effective Date, any person or group of persons (within the meaning of Section 13 or 14 of the Securities Exchange Act of 1934, as amended) shall have acquired beneficial ownership (within the meaning of Rule 13d-3 promulgated by the SEC under said Act) of 35% or more of the outstanding shares of common stock of MetLife, or (ii) from and after the Spin-Off Effective Date, any person or group of persons (within the meaning of Section 13 or 14 of the Securities Exchange Act of 1934, as amended) shall have acquired beneficial ownership (within the meaning of Rule 13d-3 promulgated by the SEC under said Act) of 25% or more of the outstanding shares of common stock of the Company; provided that, for the avoidance of doubt, the consummation of the Spin-Off Transaction and the “distribution” of common stock of the Company to the shareholders of MetLife on the “distribution date” (as such terms are defined in the Specified Form 10) shall not be deemed to be a Change of Control. “Code” means the Internal Revenue Code of 1986, as amended, or any successor statute. “Commitment” means, with respect to any Bank, its obligation to make the Term Loan to the Company pursuant to Section 2.04 in an aggregate principal amount over all installments thereof not to the exceed the amount set forth opposite such Bank’s name on Schedule I hereto (reflecting the Commitments on the date hereof) or in the Assignment and Assumption or other instrument executed and delive...
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Examples of Brighthouse Reinsurance in a sentence

  • On (i) ▇▇▇▇▇ ▇▇, ▇▇▇▇, ▇▇▇▇ entered into an investment management agreement with Brighthouse Reinsurance Company of Delaware (“BRCD”) to provide investment management services with respect to all of the assets of BRCD, and (ii) on November 1, 2017, Services and MLIA entered into an investment management agreement with respect certain retirement plans of NELICO (collectively, the “BRCD and OCIO Agreements”).

  • In April 2017, following receipt of applicable regulatory approvals, MetLife contributed certain captive reinsurance companies to Brighthouse Life Insurance Company (“Brighthouse Insurance”), which were merged into Brighthouse Reinsurance Company of Delaware (“BRCD”), a newly-formed captive reinsurance company that is wholly-owned by Brighthouse Insurance.