Sears Re definition

Sears Re means Sears Reinsurance Company Ltd., a Bermuda Class 3 insurer.
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Sears Re means Sears Reinsurance Company, Ltd., a Bermuda Class 3 insurer. “Sears Re Instruction Letter” shall have the meaning give to it in Section 9.02(i).
Sample 1
Sears Re means Sears Reinsurance Company, Ltd., a Bermuda Class 3 insurer.
Sample 1

Examples of Sears Re in a sentence

  • Once a period of thirty (30) days has elapsed after notification of the force majeure to the Customer, either Party may cancel the delayed Order, without the possibility of claiming compensation from the other Party.

  • For the avoidance of doubt, it is the intent of the Parties that this Agreement shall be binding on each of the Parties (other than Sears Re) notwithstanding that Sears Re has not yet delivered its signature page hereto.

  • The Company and SRe Holding Corporation each shall have executed the instruction letter attached hereto as Exhibit 29 (the “Sears Re Instruction Letter”), and shall have delivered the executed version of the Sears Re Instruction Letter to Sears Re, with a fully-executed copy to PBGC.

  • Promptly, but in any event within five (5) Business Days after any discovery by the Company of any Prohibited Sears Re Obligation (whether arising prior to the Closing Date or thereafter), the Company shall provide notice of such discovery to PBGC.

  • Our proposed consideration for the KCD IP Notes is comprised of the assumption of the protection agreement liabilities currently reinsured by Sears Re. We also would be willing to acquire the underlying Kenmore and DieHard intellectual property directly from non-Debtor KCD IP, LLC for additional cash consideration.

  • This “Lockup Agreement” purports to prevent Sears Re—a non-Debtor “subsidiary” of a Debtor—from selling the $1.4 billion of Sears Re MTNs it holds to CDS buyers, abandoning tens of millions of dollars in additional proceeds.

  • Like the sale of the Unlisted MTNs, the Lockup Agreement is entirely outside the scope of the Sale Order and the Auction Notice—which solicited bids for “not more than” the Listed MTNs—because it effectively sold the right to monetize the Sears Re MTNs. It also directly contradicts the record before this Court at the hearing on the Sale Motion that the Sears Re MTNs were not part of the Auction.

Related to Sears Re

  • Air gap separation means the unobstructed vertical distance through the free atmosphere between the lowest opening from any pipe or faucet supplying water to a tank, plumbing fixture, or other device and the flood level rim of the receptacle.

  • Termination, Moving You may cancel your acceptance of the Agreement with XOOM at any time prior to midnight of the thirtieth (30th) calendar day after the date of the first bill from your utility that includes XOOM charges for gas supply service without penalty or cancellation fee by calling XOOM at 0-000-000-0000 or by sending an email to xxxxxxxxxxxx@xxxxxxxxxx.xxx. When moving to an address within your local utility’s service territory, XOOM will make every effort to transfer your service to your new service address, provided that you notify XOOM within fifteen (15) days of your move. If a transfer of service is not successful or you move to a location outside your local utility’s service territory, you may cancel this Agreement at no cost to you. Failure to notify XOOM of your move will be considered a cancellation of this Agreement in accordance with its terms.

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

  • Interim Compensation Order means the Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals [Docket No. 88].

  • Severance Multiple has the meaning set forth on the first page of the Agreement.

  • Severance Multiplier means, with respect to any termination of Employee’s employment hereunder by the Company without Cause or by Employee with Good Reason, 1; provided, however, that in the event such termination occurs within the two (2) year period following a Change in Control, the Severance Multiplier shall instead equal 2.

  • Earned value management system means an earned value management system that complies with the earned value management system guidelines in the ANSI/EIA-748.

  • Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.

  • Severance Amount means (A) for any Termination other than during a Covered Period, an amount equal to one hundred percent (100%) of Executive’s then-current Annual Base Salary as of the respective Termination; or (B) for a Termination during a Covered Period, an amount equal to two hundred percent (200%) of Executive’s Base Compensation as of the respective Termination.

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • CIC means the Construction Industry Council.

  • New employee orientation means the onboarding process of a newly hired public employee, whether in person, online, or through other means or mediums, in which employees are advised of their employment status, rights, benefits, duties and responsibilities, or any other employment-related matters.

  • Lowest Achievable Emission Rate (LAER) means, for any source, the more stringent rate of emissions based on the following:

  • Severance Benefits means the payment of severance compensation as provided in Section 3.3 herein.

  • Company Action Level RBC ’ means, with respect to any insurer, the product of 2.0 and its authorized control level RBC;

  • Step Two The dispute shall be referred to a Board of Conciliation within fifteen (15) working days or at the option of either party this Step may be waived and the matter will proceed to Step Three. This Board shall consist of two (2) persons who have no direct involvement in the dispute, appointed by each party. If these four (4) persons cannot effect a settlement within seven (7) days after the dispute has been referred to them the matter shall proceed to Step Three.

  • Student growth objective means an academic goal that teachers and designated supervisors set for groups of students.

  • converted employment and support allowance means an employment and support allowance which is not income-related and to which a person is entitled as a result of a conversion decision within the meaning of the Employment and Support Allowance (Existing Awards) Regulations 2008;

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • RRP means ADB’s Report and Recommendation of the President to the Board of Directors for this Project;

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Customer channel termination point means the location where the customer either inputs or receives the communications.

  • Qualified employment position means a permanent full-time

  • Separation Date has the meaning set forth in the Separation Agreement.

  • Capacity Benefit Margin or “CBM” shall mean the amount of firm transmission transfer capability preserved by the transmission provider for Load-Serving Entities (“LSEs”), whose loads are located on that Transmission Service Provider’s system, to enable access by the LSEs to generation from interconnected systems to meet generation reliability requirements. Preservation of CBM for an LSE allows that entity to reduce its installed generating capacity below that which may otherwise have been necessary without interconnections to meet its generation reliability requirements. The transmission transfer capability preserved as CBM is intended to be used by the LSE only in times of emergency generation deficiencies.