Class A Insurer definition

Class A Insurer means Radian Asset Assurance Inc., a New York stock insurance company.
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Class A Insurer means a holder of a valid class A insurer licence referred to in section 4(3)(a);
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Class A Insurer means an insurer holding a valid Class ‘A’ Insurer’s Licence under the Insurance Law (2008 Revision);
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Examples of Class A Insurer in a sentence

  • A licensee who is an insurance broker, an insurance manager, a class A insurer or a class D insurer shall have a place of business in the Islands.

  • Warming may also affect C allocation patterns (e.g. tree morphology, C allocation of microbes) that could be missed by focusing on above- or below-ground components alone.

  • A licensee that is an insurance broker, an insurance manager, a class A insurer or a class D insurer must have a place of business in the Cayman Islands.

  • Only a person incorporated under the Companies Law (2020 Revision) (the “Companies Law”) may be an insurance broker, insurance manager, a “local” class A insurer or a class D insurer.

  • Only a person incorporated under the Compa- nies Act (2021 Revision) (the “Companies Act”) may be an insurance broker, insurance manag- er, a “local” class A insurer or a class D insurer.

  • A licensee that is an insur- ance broker, an insurance manager, a class A insurer or a class D insurer must have a place of business in the Cayman Islands.‌‌‌‌‌ Only a person incorporated as an exempted company under the Companies Act and that has at least two directors may be licensed as a class B insurer or a class C insurer.

  • However, it is also possible to be licensed as an “external” class A insurer, meaning an insurer that is not a local class A insurer and whose principal or registered office is in a jurisdiction outside the Cayman Islands where the legislation for the regulation and supervision of insurers is acceptable to CIMA.

  • Only a person incorporated under the Companies Law (2020 Revision) (“Companies Law”) may be an insurance broker, insurance manager, a “local” class A insurer or a class D insurer.

  • A class A insurer or a class D insurer must have a place of business in the Cayman Islands.

  • Only a person incorporated under the Companies Act (as amended) may be a ‘local’ class A insurer or a class D insurer.


More Definitions of Class A Insurer

Class A Insurer means XL Capital Assurance Inc., a New York stock insurance company.
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Class A Insurer means Radian Asset Assurance Inc., or its successor in interest.
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Class A Insurer means an insurer holding a valid Class ‘A’ Insurer’s Licence
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Related to Class A Insurer

  • Class A Interest Each of the Class A-1 and Class A-2 Interests.

  • Class A-1 Noteholders Interest Carryover Shortfall” means, with respect to any Payment Date, the excess of the Class A-1 Noteholders’ Monthly Accrued Interest for the preceding Payment Date and any outstanding Class A-1 Noteholders’ Interest Carryover Shortfall on such preceding Payment Date, over the amount in respect of interest that is actually paid to Holders of Class A-1 Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to Holders of Class A-1 Notes on the preceding Payment Date, to the extent permitted by law, at the Class A-1 Interest Rate for the related Interest Period.

  • Class A Investor Interest means, on any date of determination, an amount equal to (a) the Class A Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class A Certificateholders prior to such date and minus (c) the excess, if any, of the aggregate amount of Class A Investor Charge-Offs pursuant to subsection 4.10(a) over Class A Investor Charge-Offs reimbursed pursuant to subsection 4.11(b) prior to such date of determination; provided, however, that the Class A Investor Interest may not be reduced below zero.

  • Class A-1 Note Balance means, at any time, the Initial Class A-1 Note Balance reduced by all payments of principal made prior to such time on the Class A-1 Notes.

  • Class A-1 Noteholder means the Person in whose name a Class A-1 Note is registered on the Note Register.

  • Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A Principal Balance As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.

  • Class A Invested Amount means, on any date of determination, an amount equal to (a) the Class A Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class A Certificateholders on or prior to such date, minus (c) the excess, if any, of (i) the aggregate amount of Class A Investor Charge-Offs for all prior Distribution Dates over (ii) Class A Investor Charge-Offs reimbursed pursuant to subsection 4.07(b) prior to such date.

  • Class A Interest Rate has the meaning assigned to such term in the Indenture.

  • Class A Noteholders means, collectively, the Class A-1 Noteholders, the Class A-2 Noteholders, the Class A-3 Noteholders and the Class A-4 Noteholders.

  • Class A Note Balance means, at any time, the sum of the Class A-1 Note Balance, the Class A-2 Note Balance and the Class A-3 Note Balance at such time.

  • Class A-2 Noteholders means the Class A-2a Noteholders and the Class A-2b Noteholders.

  • Class A-1 Notes means the Class A-1 4.867% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Class B Principal Balance As of any date, an amount equal to the sum of the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

  • Initial Class A-1 Note Balance means $265,000,000.