Bermuda Holdings definition

Bermuda Holdings as defined in the Preamble hereto.
Bermuda Holdings has the meaning assigned to that term in the Recitals to this Agreement.
Bermuda Holdings shall include any other obligor with respect to the Guarantee for the purposes of complying with such provisions.

Examples of Bermuda Holdings in a sentence

  • The Operating Company holds investments in two related entities of Stratus Technologies Bermuda Holdings, Ltd.

  • If Bermuda Holdings cannot fulfill the redemption request, the holders of the preference shares have the right to appoint five additional directors to the board of Bermuda Holdings and if the request is not fully redeemed within 90 days, the holders of a majority of the then issued preference shares may require Holdings to use reasonable efforts to sell itself or enter into another transaction necessary to produce sufficient proceeds to permit the payment in full of the redemption price.

  • The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Issuer, Bermuda Holdings and the Trustee with the consent of the holders of a majority in aggregate principal amount of the Senior Notes outstanding at the time of amendment or modification.

  • The Indenture also contains provisions permitting the holders of specified percentages in aggregate principal amount of the Senior Notes at any time outstanding, on behalf of the holders of all the Senior Notes, to waive compliance by the Issuer and Bermuda Holdings with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences.

  • The parties intend that all of the outstanding shares of CastlePoint Bermuda Holdings, Ltd., a Bermuda company and a direct wholly-owned subsidiary of Company (“CP Bermuda”), will be transferred to Merger Sub by virtue of the Merger and that such transfer will constitute a “qualified stock purchase” within the meaning of Section 338(d)(3) of the Code.

  • Xxxxxxx Title: Executive Vice President & Chief Financial Officer CF Bermuda Holdings Limited By: /s/ Xxxxxx X.

  • Neither Bermuda Holdings nor any of its Subsidiaries is an “investment company” or a company “controlled” by an “investment company” (as each of the quoted terms is defined or used in the Investment Company Act of 1940, as amended).

  • Bermuda Holdings III is required to deliver to the Trustee annually a statement regarding compliance with the Indenture, and Bermuda Holdings III is required within five (5) Business Days after becoming aware of any Default, to deliver to the Trustee a statement specifying such Default and what action the Issuer proposes to take with respect thereto.

  • Gallagher (Bermuda) Holdings Partnership; remainder owned by management.

  • All payments made by the Issuer on this Note, and all payments made by Bermuda Holdings pursuant to the Guarantee, shall be made without deduction or withholding, for or on account of, any and all present and future taxes, duties, assessments, or governmental charges of whatever nature unless the deduction or withholding of such taxes, duties, assessments or governmental charges is then required by law.


More Definitions of Bermuda Holdings

Bermuda Holdings. Stratus Technologies Bermuda Holdings Ltd., an exempted limited liability company under the laws of Bermuda.
Bermuda Holdings means the Person named as "Bermuda Holdings" in the first paragraph of this instrument, until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter "Bermuda Holdings" shall mean such successor Person. To the extent necessary to comply with the requirements of the provisions of Sections 310 through 317 of the Trust Indenture Act as they are applicable to Bermuda Holdings, the term "Bermuda Holdings" shall include any other obligor with respect to the Guarantee for the purposes of complying with such provisions.
Bermuda Holdings means such successor Person. To the extent necessary to comply with the requirements of the provisions of Sections 310 through 317 of the Trust Indenture Act as they are applicable to Bermuda Holdings, the term "Bermuda Holdings" shall include any other obligor with respect to the Guarantee for the purposes of complying with such provisions.
Bermuda Holdings means Stratus Technologies Bermuda Holdings Ltd.
Bermuda Holdings means the Person named as "BERMUDA HOLDINGS" in the first paragraph of this instrument, until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter "BERMUDA HOLDINGS" shall mean such successor Person. To the extent necessary to comply with the requirements of the provisions of Sections 310 through 317 of the Trust Indenture Act as they are applicable to Bermuda Holdings, the term "BERMUDA HOLDINGS" shall include any other obligor with respect to the Guarantee for the purposes of complying with such provisions.
Bermuda Holdings means such successor Person. To the extent necessary to comply with the requirements of the provisions of Sections 310 through 317 of the Trust Indenture Act as they are applicable to Bermuda Holdings, the term "BERMUDA HOLDINGS" shall include any other obligor with respect to the Guarantee for the purposes of complying with such provisions.

Related to Bermuda Holdings

  • Holdings as defined in the preamble hereto.

  • Intermediate Holdco as defined in the preamble to this Agreement.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Intermediate Holdings shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • 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.

  • OpCo has the meaning set forth in the Preamble.

  • Acquisition Subsidiary shall have the meaning set forth in the Preamble.

  • Holdco has the meaning set forth in the Preamble.

  • Bermuda means the Islands of Bermuda;

  • RSC means the Regional Security Coordinator(s) (RSC(s)) appointed for CCR Hansa, unless it is explicitly otherwise stated, according to Article 77(1)(a) of the SO Regulation that will perform the tasks allocated to this(these) RSC(s) according to Article 77(1)(c)(i) of the SO Regulation;

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • New Holdings shall have the meaning provided in the definition of the term “Holdings”.

  • Subco means 1102209 B.C. LTD., a corporation incorporated under the laws of the Province of British Columbia;

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • CFC Holding Company means any Domestic Subsidiary that owns no material assets (directly or indirectly) other than Equity Interests and debt of one or more CFCs or Domestic Subsidiaries that are themselves CFC Holding Companies.

  • Asia means Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Macau, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand.

  • Topco has the meaning set out in the Preamble;

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • CSSF means the Commission de Surveillance du Secteur Financier;