XL Bermuda definition

XL Bermuda means XL Insurance (Bermuda) Ltd., in its capacity as a D&O Insurer.
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XL Bermuda means XL Insurance (Bermuda) Ltd, a company organised under the laws of Bermuda;
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Examples of XL Bermuda in a sentence

  • Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Account Party and its respective consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP or (in the case of XL Bermuda or XL Re) SAP, subject to year-end audit adjustments and the absence of footnotes in the case of the statements referred to in Clause (B) of the first sentence of this paragraph.

  • The results of the audits and resolution status of internal audit issues are presented to the XL Bermuda Ltd Audit Committee and Executive Management on a regular basis.

  • Its performance is formally monitored and reported to the XL Bermuda Ltd Audit Committee.

  • Any exceptions identified are notified to the XL Bermuda Ltd Audit Committee for ratification.A report is issued at the conclusion of each audit assignment to the relevant senior management.

  • The two most significant arrangements involve Syndicate 2003 and XL Bermuda Ltd and amounts related to these contracts are detailed in Note 19.1.The Company's reinsurance strategy is considered as part of the annual business planning process.

  • XL Bermuda Ltd (the “Company” or “XLB”) is an exempted company incorporated and domiciled in Bermuda and registered as a Class 4E insurer under the Insurance Act 1978.

  • On June 22, 2021, XL Bermuda Ltd (“XLB”) contributed all shares of AXA XL Luxembourg SARL (formerly known as Catlin Luxembourg SARL) to AXA XL Reinsurance (Holdings) Ltd, along with transferring and assigning a convertible loan of $0.4 billion to the same company, with no consideration paid by AXA XL Reinsurance (Holdings) Ltd.

  • The AXA XL Chief Audit Executive has a direct and unfettered reporting line to the XL Bermuda Ltd (the intermediate Parent entity of AXLRE) Audit Committee Chairman.

  • Upon completion of all obligations under the XL Bermuda Settlement Agreement, the XL Bermuda Policies will be exhausted.

  • On April 1, 2015, XL Re Ltd ("XL Re", which in May 2016 amalgamated with XL Insurance (Bermuda) Ltd ("XLIB") to form a new entity, XL Bermuda Ltd), an indirect wholly-owned subsidiary of the Company, completed the sale of all of its shares in ARX Holding Corp.

Related to XL Bermuda

  • Bermuda means the Islands of Bermuda;

  • GIB means General Instructions to Bidders

  • Asia means Afghanistan, Australia, Bangladesh, Bhutan, Brunei, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Laos, Macau, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, North Korea, Pakistan, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • LTD means NMC Healthcare Limited (in administration);

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

  • BVI means the British Virgin Islands.

  • Mauritius means the Republic of Mauritius and includes: (i) all the territories and islands which, in accordance with the laws of Mauritius, constitute the State of Mauritius; (ii) the territorial sea of Mauritius; and (iii) any area outside the territorial sea of Mauritius which in accordance with international law has been or may hereafter be designated, under the laws of Mauritius, as an area, including the Continental Shelf, within which the rights of Mauritius with respect to the sea, the sea-bed and sub-soil and their natural resources may be exercised;

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Topco has the meaning set forth in the Preamble.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Intermediate Holdco means Sunnova Intermediate Holdings, LLC, a Delaware limited liability company.

  • NCLT means the Hon’ble National Company Law Tribunal, Kolkata Bench;

  • Ireland means the Republic of Ireland.

  • Portugal when used in a geographical sense comprises the territory of the Portuguese Republic in accordance with the International Law and the Portuguese legislation;

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX00000;

  • MFET Limited means the company limited by guarantee (number 7121661) of that name, established for the purpose in particular of making payments in accordance with arrangements made with the Secretary of State to persons who have acquired HIV as a result of treatment by the NHS with blood or blood products;

  • PLC means Programmable Logic Controller;

  • General Motors Financial Company, Inc. means General Motors Financial Company, Inc. (f/k/a AmeriCredit Corp.).

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • ABN means Australian Business Number.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.