EXEL Limited definition

EXEL Limited means EXEL Limited, a corporation organized under the laws of the Cayman Islands, British West Indies. EXEL Limited is the sole shareholder of X.L. Insurance Company, Ltd., except for a nominal number of shares owned by two nominee shareholders required by the Bermuda Companies Law.
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EXEL Limited means (i) until consummation of the 1998 Merger, EXEL Limited, a corporation organized under the laws of the Cayman Islands, British West Indies which, on the date of this Agreement, is the sole shareholder of X.L. Insurance Company, Ltd., except for a nominal number of shares owned by two nominee shareholders required by the Bermuda Companies Law and (ii) from and after consummation of the 1998 Merger, EXEL Limited, a corporation organized under the laws of the Cayman Islands, British West Indies which is referred to as "New EXEL" in the 8-K Report referred to in the definition of 1998 Merger below.
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EXEL Limited appearing in Section 1.01 of the Credit Agreement is hereby amended to read as follows:
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Examples of EXEL Limited in a sentence

  • Subject to and by virtue of the orders of the Court under Section 85(2) of the Companies Law sanctioning the Schemes, the terms of the Schemes and the provisions for surrender of the certificates representing Shares shall be as set forth in the Mid Ocean Limited Scheme of Arrangement and the EXEL Limited Scheme of Arrangement which shall be in a form agreed by the parties.

  • EXEL Acquisition shall be released from its obligations under this Agreement upon the merger of EXEL Acquisition into a subsidiary of EXEL Limited so long as such successor entity assumes the obligations of EXEL Acquisition under this Agreement or such assumption occurs by operation of applicable Law and the Borrowers furnish to the Agent an opinion of counsel in form and substance satisfactory to the Agent to such effect.

  • EXEL Limited will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge within five Business Days after receipt of a written request therefor.

  • New Parent shall be renamed "EXEL Limited" after the Effective Time.

  • The Company was formed as a result of the merger of EXEL Limited and Mid Ocean Limited on August 7, 1998, and was renamed EXEL Limited on that date.

  • OF ABOVE PERSONS XL Capital Ltd (f/k/a EXEL Limited) I.R.S. IDENTIFICATION NO.

  • EXHIBIT B SUMMARY OF RIGHTS TO PURCHASE ORDINARY SHARES On September 11, 1998 the Board of Directors of EXEL Limited (the "Company") declared a dividend distribution of one Right for each outstanding Ordinary Share, U.S. $.01 par value (the "Ordinary Shares"), of the Company.

  • Benefits under the Plan are payable in the form of ordinary shares of EXEL Limited.

  • EXEL Limited (the "Company") has adopted this Retirement Plan for Nonemployee Directors of EXEL Limited (the "Plan") in order to enhance its ability to attract and retain competent and experienced persons to serve as Directors and to recognize the service of Directors to the Company by providing such Directors with retirement benefits.

  • Your Board of Directors recommends a vote FOR the ratification of the Amendment to EXEL Limited Directors Stock & Option Plan.


More Definitions of EXEL Limited

EXEL Limited each place it appears in the Agreement with the term "XL Capital" and (iv) by replacing the term "EXEL Limited's" each time it appears in the Agreement with the term "XL Capital's".
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Related to EXEL Limited

  • 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;

  • Original Limited Partner means the Limited Partners designated as “Original Limited Partners” on Exhibit A hereto.

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it as described in Section 5.1), the General Partner (with respect to the Incentive Distribution Rights received by it as described in Section 5.1) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

  • Professional limited liability company means a limited

  • Additional Limited Partner means a Person admitted to the Partnership as a Limited Partner pursuant to Section 10.4 and who is shown as such on the books and records of the Partnership.

  • Initial Limited Partner has the meaning set forth in the Preamble.

  • unlimited company means a company formed on the principle of having no limit placed on the liability of its members;

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Special Limited Partner means WNC Housing, L.P., a California limited partnership, and such other Persons as are admitted to the Partnership as additional or substitute Special Limited Partners pursuant to this Agreement.

  • LTD means NMC Healthcare Limited (in administration);

  • limited company means a company limited by shares or by guarantee or a company limited both by shares and by guarantee;

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

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Radiologic technologist, limited means an individual, other than a licensed radiologic technologist,

  • Organizational Limited Partner means Xxxxx X. Xxxxxxx.

  • Single member limited liability company means a limited liability company that has one direct member.

  • Limited from performing a duty or function means that Executive is unable to perform such duty or function;

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

  • HK Company shall have the meaning ascribed to it in the preamble of this Agreement.

  • Operating Company Number (OCN means the numeric Company Code assigned by NECA identifying CLEC as a Resale or UNE provider.

  • Sponsored captive insurance company means a captive insurance company:

  • Blackwater means wastewater contaminated by human body waste, toilet paper and any other material intended to be deposited in a receptor designed to receive urine or feces.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.