Insurance Captive means each of (a) Xxxxxxxx Insurance Co. Ltd., a Bermuda corporation, (b) Market Company, Ltd., a Bermuda corporation and (c) such other Subsidiaries of the Borrower that perform similar insurance functions, in each case to the extent organized and maintained as a captive insurance Subsidiary of the Borrower.
Insurance Captive means WIN General Insurance Company, a South Carolina insurance captive.
Insurance Captive means Liberty Health Corporation, Ltd., a Bermuda company, or any other insurance captive or other self-insurance program established by a Borrower.
Examples of Insurance Captive in a sentence
No Credit Party shall assign or otherwise transfer any Collateral or any proceeds of the Loans to any Insurance Captive, except as otherwise expressly permitted by Section 4.7.
More Definitions of Insurance Captive
Insurance Captive means Philadelphia Academic Risk Retention Group, LLC, which shall at all times be a licensed captive insurance company in good standing under the Laws of the State of Vermont and is in compliance with all applicable Laws, except for such Laws the noncompliance with which could not reasonably be expected to have a Material Adverse Effect.
Insurance Captive means Generations Group, Ltd.
Insurance Captive means each of (a) Xxxxx American Corporation, a Vermont corporation, and its successors and assigns performing similar insurance functions, including Xxxxx American Corporation, if it is incorporated or organized in a State other than Vermont or the District of Columbia, (b) Xxxxxxxx Insurance Co. Ltd., a Bermuda corporation, (c) ABS Insurance Ltd., a Bermuda corporation, (d) Market Company, Ltd., a Bermuda corporation, and (e) such other Subsidiaries of the Borrower that perform similar insurance functions, in each case to the extent organized and maintained as a captive insurance Subsidiary of the Borrower.
Insurance Captive means each of (a) Xxxxx American Corporation, a Vermont corporation, and its successors and assigns performing similar insurance functions, including Xxxxx American Corporation, if it is incorporated or organized in (i) a State other than Vermont or (ii) the District of Columbia, (b) Xxxxxxxx Insurance Co. Ltd, a Bermuda corporation, (c) ABS Insurance Ltd., a Bermuda corporation and (d) Market Company, Ltd., a Bermuda corporation and (e) such other Subsidiaries of the Lead Borrower formed or acquired after the date hereof that perform similar insurance functions, in each case to the extent organized and maintained as a captive insurance Subsidiary of the Lead Borrower, provided, that, as to such other Subsidiaries, the Lead Borrower shall notify Administrative Agent of the formation or acquisition of such Subsidiary, certify to Administrative Agent, in form and substance satisfactory to Administrative Agent, that its function is to provide insurance and Administrative Agent shall have received such information with respect thereto as it requests.
Insurance Captive means ARU SPC, LTD, a Cayman Islands Company.
Insurance Captive shall have the meaning set forth in Section 7.5(b).
Insurance Captive. Liberty Health Corporation, Ltd., a Bermuda company, Fountain View Reinsurance, Ltd., a Cayman Islands company, or any other insurance captive or other self insurance program established by Ultimate Parent or a Restricted Subsidiary.