Protected cell liabilities definition

Protected cell liabilities means all liabilities and other obligations identified with and attributable to a specific protected cell of a protected cell company.
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Protected cell liabilities means all liabilities and other obligations identified with and attributable to a specific protected cell of a sponsored captive insurance company.
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Protected cell liabilities means all liabilities and other obligations identified with and attributable to
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Examples of Protected cell liabilities in a sentence

  • The company funds its liability to each participant through one or more protected cells and segregates the assets of each protected cell from the assets of other protected cells and from the assets of the protected cell captive insurance company's general account.(35) Protected cell liabilities.

  • Protected cell liabilities" means all liabilities and other obligations identified with and attributable to a specific protected cell of a protected cell company.HISTORY: 2000 Act No. 238, Section 2; 2001 Act No. 58, Section 16, eff May 29, 2001.

  • Protected cell liabilities" means all liabilities and other obligations identified with and attributable to a specific protected cell of a protected cell company.

  • The company funds its liability to each participant through one or18 more protected cells and segregates the assets of each protected cell19 from the assets of other protected cells and from the assets of the20 protected cell captive insurance company's general account.21 (35) Protected cell liabilities.

  • The company funds its liability to each participant through one or17 more protected cells and segregates the assets of each protected cell18 from the assets of other protected cells and from the assets of the19 protected cell captive insurance company's general account.20 (35) Protected cell liabilities.

  • This ruling allows Plaintiffs to resume their lawsuit against Defendants.


More Definitions of Protected cell liabilities

Protected cell liabilities means all liabilities and
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Protected cell liabilities means all liabilities and other obligations identified with and attributed to a specific protected cell of a protected cell captive insurance company; and
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Protected cell liabilities means all liabilities _a_n_d
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Protected cell liabilities means all liabilities and other obligations identified with
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Related to Protected cell liabilities

  • Environmental Liabilities means all liabilities, monetary obligations, losses, damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any claim or demand, or Remedial Action required, by any Governmental Authority or any third party, and which relate to any Environmental Action.

  • Company Intellectual Property means all Intellectual Property owned or purported to be owned by the Company or any of its Subsidiaries.

  • SpinCo Liabilities shall have the meaning set forth in Section 2.3(a).

  • Environmental Liability means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Borrower, any other Loan Party or any of their respective Subsidiaries directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • 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.

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.