Examples of Platinum UK in a sentence
England • Addendum No. 1 effective April 1, 2003, to the Quota Share Retrocession Agreement dated as of March 27, 2003, between Platinum UK and Platinum Bermuda (the “Quota Share Agreement Addendum No. 1”) England • Addendum No. 2 effective March 27, 2003, to the Quota Share Retrocession Agreement dated as of March 27, 2003, between Platinum UK and Platinum Bermuda (the “Quota Share Agreement Addendum No. 2”) England • Investment Manager Agreement dated May 12, 2005 between Platinum UK and BlackRock.
New York • Alliance Capital Management L.P. Discretionary Investment Advisory Agreement dated as of November 26, 2002 (the “Investment Advisory Agreement”), with Platinum Bermuda and Platinum UK.
Control Agreement dated as of November 26, 2002 (the “Control Agreement”), by and among Platinum Bermuda, Platinum UK and State Street Bank and Trust Company.
A purchaser of more than 10% of the Common Shares would therefore be considered to have acquired "control" of Platinum UK.
Platinum UK may not be licensed by the FSA at the time of the completion of the Public Offering.
Platinum UK and Platinum Bermuda will not be licensed in any U.S. jurisdiction, and Platinum US will not be licensed in certain U.S. jurisdictions.
Accordingly, the meaning of the RPII provisions and their application to Platinum UK and Platinum Bermuda is uncertain.
The Adviser shall not be liable for any resulting investment or other loss, if any incurred by or charged to the Investment Account resulting from either (i) the Notice of Exclusive Control, or (ii) delays incident to obtaining any consent from Platinum UK with respect to any action proposed to be taken with respect to the Investment Account that is required pursuant to the Control Agreement.
Dividends received by it from Platinum Finance and Platinum UK will be subject to Irish corporate tax (at the current applicable rate of 25%) subject to any available relief under the double tax treaties Ireland has with the United States and the United Kingdom.
Platinum UK or Platinum Bermuda, as the case may be, will not be considered to be a CFC for this purpose and, therefore, Form 5471 will not be required, for any taxable year in which Platinum UK's or Platinum Bermuda's gross RPII constitutes less than 20% of its gross insurance income.