Platinum Bermuda definition

Platinum Bermuda means Platinum Underwriters Bermuda, Ltd., an exempted company incorporated in Bermuda.
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Platinum Bermuda has merged into RSRL and, in turn, RSRL has merged into RRL. RRL continues as the surviving corporation pursuant to s104A of the Companies Xxx 0000 of Bermuda. RRL acknowledges and agrees that, as the surviving corporation, it has assumed all of the rights and obligations of RSRL and Platinum Bermuda under all of the Facility Documents, including without limitation, the L/C Agreement, the RSRL Pledge Agreement, the RSRL Control Agreement, the Platinum Bermuda Pledge Agreement, and the Platinum Bermuda Control Agreement. Without limiting the generality of the foregoing, RRL acknowledges that it has assumed the obligations of RSRL and Platinum Bermuda under the L/C Agreement with respect to any letters of credit that remain outstanding in the name of RSRL or Platinum Bermuda. RRL desires to transfer all property held in the RSRL Account and the Platinum Bermuda Account simultaneously into the RRL Account. The Bank has agreed to this transfer and to the termination of the RSRL Pledge Agreement, the RSRL Control Agreement, the RSRL Master Agreement, the Platinum Bermuda Master Agreement, the Platinum Bermuda Pledge Agreement and Platinum Bermuda Control Agreement in accordance with the terms of this Termination.
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Examples of Platinum Bermuda 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.

  • The Plan, originally effective as of June 1, 1989, as amended, is amended and restated as of January 1, 2000.

  • New York • 2005 Excess of Loss Agreement England Filed Agreements to which Platinum Underwriters Bermuda, Ltd., a Bermuda company (“Platinum Bermuda”), is a party Governing Law • Bermuda Trust Agreement Massachusetts • US/Bermuda Quota Share Agreement New York • UK/Bermuda Quota Share Agreement Massachusetts • Security Agreement Massachusetts • Control Agreement Massachusetts • Investment Advisory Agreement New York • Referral Agreement between Platinum Bermuda and Renaissance Underwriting Managers Ltd.

  • 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 Insurance Act, which regulates the insurance business of Platinum Bermuda, provides that no person may carry on any insurance business in or from within Bermuda unless registered as an insurer under the Insurance Act by the Bermuda Monetary Authority, which is responsible for the day-to-day supervision of insurers.

  • During the Term, you will serve as Chief Executive Officer of Platinum Bermuda.

  • 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.

Related to Platinum Bermuda

  • Bermuda means the Islands of Bermuda;

  • Platinum means elemental platinum having an atomic weight of 195.09 and the chemical element symbol of Pt, whether found by itself or in combination with its alloys or any other metal.

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

  • LTD means NMC Healthcare Limited (in administration);

  • Europe means the European Union, the European Economic Area and/or their member states, Switzerland and the United Kingdom.

  • Captive insurance company means a Wholly Owned Subsidiary of the Borrower created solely for providing self-insurance for the Borrower and its Subsidiaries and engaging in no other activities other than activities ancillary thereto and necessary for the maintenance of corporate existence.

  • Holdings as defined in the preamble hereto.

  • Foster child means a child who has been removed from his or her home pursuant to Section 309 of the Welfare and Institutions Code (“WIC”), is the subject of a petition filed under Section 300 or 602 of the WIC, or has been removed from his or her home and is the subject of a petition filed under WIC section 300 or 602.

  • Mauritius means the Republic of Mauritius and includes:

  • IR means Indian Railways.

  • Sponsored captive insurance company means a captive insurance company:

  • CSSF means the Commission de Surveillance du Secteur Financier;

  • Brands means the Sprint PCS Brands and the Sprint Brands.

  • 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;

  • financial group means a group that consists of a legal person or legal arrangement exercising control and coordinating functions over the rest of the group for the application of group supervision under the Core Principles, and its branches and subsidiaries that are financial institutions as defined in section 27A(6) of the MAS Act or the equivalent financial institutions outside Singapore;

  • 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;

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

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

  • Captive Insurance Subsidiary means any Subsidiary of the Borrower that is subject to regulation as an insurance company (or any Subsidiary thereof).

  • 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.