Guernsey Business definition

Guernsey Business means the long term business (as such expression is interpreted for the purpose of the Insurance Business (Bailiwick of Guernsey) Law, 2002) of NPLL at the Guernsey Transfer Date, the transfer of which to PLAL under the Scheme requires the sanction of the Royal Court of Guernsey pursuant to section 44(1) of the Insurance Business (Bailiwick of Guernsey) Law, 2002;
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Guernsey Business means the whole of the long-term insurance business of SLAC
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Guernsey Business means the whole of the long-term insurance business of SLACwritten under Guernsey law or issued to a person resident in the Bailiwick of Guernsey and which the Royal Court of Guernsey has jurisdiction to transfer pursuant to section 44(1) of the Guernsey Law (including all activities carried on in connection with or for the purposes of such long-term insurance business);
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Examples of Guernsey Business in a sentence

  • It is therefore proposed that the Transferring Guernsey Business shall be transferred to the Transferee on the Effective Date by Order of the Court in accordance with Section 44 of the Law and be dealt with in accordance with this Scheme.

  • It is proposed that, in accordance with this Guernsey Scheme, a Guernsey Order shall be made to effect the transfer of the Transferred Guernsey Business to the Transferee on and with effect from the Guernsey Effective Date on the same terms as the terms of the UK Scheme governing the transfer of the Transferred Business to the Transferor and as if the Transferred Guernsey Business were part of the Transferred Business as defined in the UK Scheme.

  • Transferring Business shall be read as Transferring Guernsey Business.

  • The Transferee hereby irrevocably grants to the Transferor access to the Guernsey Business Records that are transferred pursuant to the UK Scheme, to the extent necessary and until the Transferring Guernsey Business to which those records relate transfer pursuant to this Guernsey Scheme.

  • Guernsey Business Information and Records means all Business Information and Business Records relating to or attributable to the Guernsey Transferred Business, Guernsey Transferred Business Assets, Guernsey Transferred Business Liabilities, Guernsey Residual Assets and Guernsey Residual Liabilities.

  • Stamatas, Nikiforos Kollias, Johnson & Johnson Co., USA.We have strong evidence that mixed vascular and pigment reactions cannot be visually separated and that blood stasis can be confused with pigmentation.

  • SLOC will undertake its obligations in respect of the Transferring Guernsey Business in the United Kingdom where it is a "UK authorised person" as defined in section 105(8) of FSMA.

  • C&W Guernsey is therefore strongly of the opinion that it’s elasticity figures based on the recent Holden Pearmain study published by the UK Competition Commission are realistic and should be used as originally suggested in the C&W Guernsey Business Plan.

  • The purpose of this Guernsey Scheme is to effect the transfer to ReAssure, subject to the terms of this Guernsey Scheme, of all of the Guernsey Business carried on by RLL and the assets and liabilities relating to such business that would not otherwise transfer under the UK Scheme or the Jersey Scheme.

  • It is proposed that, by Order of the Royal Court in accordance with Section 44 of the Guernsey Law, the Transferred Guernsey Business shall be transferred to Royal London on the Guernsey Effective Date on substantially the same terms as the terms of the UK Scheme governing the transfer of the Transferred Business to Royal London because the Transferred Guernsey Business is part of the Transferred Business as defined in the UK Scheme.


More Definitions of Guernsey Business

Guernsey Business means the long-term insurance business carried on (as such expression is interpreted for the purpose of the Insurance Business (Bailiwick of Guernsey) Law 2002) by a Transferor at the Guernsey Transfer Date in the Bailiwick of Guernsey comprised in the NPIL Transferred Business and the NPLL Transferred Business;
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Guernsey Business means the long-term insurance business carried on (as such expression is interpreted for the purpose of the Insurance Business (Bailiwick of Guernsey) Law 2002) by LL at the Guernsey Transfer Date in the Bailiwick of Guernsey;
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Guernsey Business means the long term business (as such expression is interpreted for the purpose of the Insurance Business Law) of RLL at the Guernsey Transfer Date, the transfer of which to ReAssure requires the sanction of the Royal Court pursuant to Section 44 of the Insurance Business Law;
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Related to Guernsey Business

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Company Business means the business of the Company as presently conducted.

  • Excluded Business has the meaning set forth in Section ‎9.1.1.

  • Women Owned Business Enterprise or "WBE" means a firm awarded certification as a women owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a women owned business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Woman owned business means a woman owned business that is a continuing, independent, for profit business which performs a commercially useful function, and is at least fifty-one percent (51%) owned and controlled by one or more women; or, in the case of any publicly owned business, at least fifty-one percent (51%) of the stock of which is owned and controlled by one (1) or more women and whose management and daily business operations are under the control of one (1) or more women.

  • Women-owned business means a business that is at least 51 percent owned by one or more women who are U.S. citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest is owned by one or more women who are U.S. citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more women.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Veteran-owned business means a business that is at least 51% owned by a veteran or veterans who are U.S. citizens and who control and operate the business

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • Minority or Women-Owned Business Enterprise means a business enterprise, including a sole proprietorship, partnership or corporation that is:

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • Micro Business means a company which either:

  • Company IT Assets means computers, Software, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines, and all other information technology equipment, and all associated documentation, in each case, used or held for use by a member of the Company Group.

  • Retained Businesses means all businesses now, previously or hereafter conducted by Parent, the Sellers or any of their Subsidiaries or Affiliates, other than the Business.

  • Trust business means the business of acting as trustee, executor or administrator;

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Sexually oriented business means an adult arcade, adult bookstore or adult video store, adult cabaret, adult motel, adult motion picture theater, adult theater, escort agency, nude model studio, or sexual encounter center.

  • Company IT Systems means all software, computer hardware, servers, networks, platforms, peripherals, and similar or related items of automated, computerized, or other information technology networks and systems (including telecommunications networks and systems for voice, data, and video) owned, leased, licensed, or used (including through cloud-based or other third-party service providers) by the Company or any of its Subsidiaries.

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Principal Business means the primary activity as determined by analyzing the amount of capi- tal, labor, time, attention, and floor space devoted to each business activity and by analyz- ing the sources of net income and gross income. The name, appearance, and advertising of the entity may also be taken into consideration if they are given less weight.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • banking business means the business of accepting deposits withdrawable or repayable on demand or after a fixed period or after notice and the employment of those deposits, in whole or in part, by lending or any other means for the account and at the risk of the person accepting the deposits;

  • Minority Owned Business Enterprise or "MBE" means a firm awarded certification as a minority owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a minority owned and controlled business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Female owned business means a business concern which is at least 51% owned by one or more women, or, in the case of a corporation, at least 51% of the stock in which is owned by one or more women; and the management and daily business operations of which are controlled by one or more of the women who own it.