Branch operation definition

Branch operation means a business operation of a branch captive insurance company in this state.
Sample 1Sample 2Sample 3
Branch operation means a business operation of a branch captive insurer in this state.
Sample 1Sample 2Sample 3
Branch operation means a business op- eration of a branch captive insurer in this state.
Sample 1

Examples of Branch operation in a sentence

  • B0039099) In Finland, subscription and redemption may be effected through:• Svenska Handelsbanken AB publ, Branch operation in Finland, Aleksanterinkatu 11, 00100 Helsinki (org.

  • The Branch participates in business on behalf of the Company on the territory constituting the Branch operation area (hereinafter, the Branch Operation Area), as set out by the Company.

  • B0039099) In Finland, subscription and redemption may be effected through:‌· Svenska Handelsbanken AB publ, Branch operation in Finland, Aleksanterinkatu 11, 00100 Helsinki (org.

  • B0039099) In Finland, subscription and redemption may be effected through:· Svenska Handelsbanken AB publ, Branch operation in Finland, Aleksanterinkatu 11, 00100 Helsinki (org.

  • Accordingly, regardless of whether a Credit Rating Agency is a company established in the ADGM or a Branch operation, it is subject to the notification requirements only and not to the requirement for prior approval by the Regulator of changes relating to its Controllers.

  • Accordingly, regardless of whether a Credit Rating Agency is a company established in the DIFC or a Branch operation, it is subject to the notification requirements only and not to the requirement for prior approval by the DFSA of changes relating to its Controllers.

  • Generally, in the case of an Authorised Firm that is not a Domestic Firm (i.e. a Branch operation in the DIFC), the significant regulatory impact referred to in Rule 11.10.8 (3)(b) should be prudential risk to the Authorised Firm as a whole.

  • Rule 2.4.4 provides a degree of flexibility for an Authorised Firm which is a Branch operation or member of a Group to rely on client classifications made by its head office or any other branch of the same legal entity, or by a member of its Group.

  • Branch operation shall conform to the corporate constitution, bylaws, and this policies and procedures (P&P) document.

  • Branch operation department of the bank shall ensure that the different forms are being used by branches appropriately based on the risk category of the customer.


More Definitions of Branch operation

Branch operation means a business operation of a branch captive insurance company in this state.(9)(a) "Captive insurance company" means the same as that term is defined in Section 31A-1-301.(b) “Captive insurance company” includes any of the following formed or holding a certificate of authority under this chapter:(i) a branch captive insurance company; (ii) a pure captive insurance company;(iii) an association captive insurance company; (iv) a sponsored captive insurance company;(v) an industrial insured captive insurance company, including an industrial insured captive insurance company formed as a risk retention group captive in this state pursuant to the provisions of the Federal Liability Risk Retention Act of 1986;(vi) a special purpose captive insurance company; or(vii) a special purpose financial captive insurance company.*****
Sample 1

Related to Branch operation

  • Branch operations means any business operations of a branch captive insurance company in this State.

  • Railway Operation means the construction and operation under this Agreement of the relevant Railway and associated access roads and Additional Infrastructure (if any) within the relevant Railway Corridor and of the associated Lateral Access Roads, in accordance with approved proposals;

  • In operation means engaged in activity related to the primary design function of the source.

  • Mining operation means any operations undertaken for the purpose of winning any mineral as defined in section 3 (d) of Mines and Minerals (Development and Regulation) Act, 1957.

  • Normal operation means the oper- ation of a program or activity without significant changes that would impair its ability to meet its objectives.

  • Market Operations Center means the equipment, facilities and personnel used by or on behalf of a Market Participant to communicate and coordinate with the Office of the Interconnection in connection with transactions in the PJM Interchange Energy Market or the operation of the PJM Region.

  • Farm operation means any activity conducted solely or primarily for the production of one or more agricultural products or commodities, including timber, for sale or home use, and customarily producing such products or commodities in sufficient quantity to be capable of contributing materially to the operator's support.

  • Generation Operations Center means the location of Buyer’s real-time operations personnel.

  • Farming operation means raising, cultivating, propagating, fattening, grazing, or any other farming, livestock, or aquacultural operation.

  • Salvage operation means any business, trade or industry engaged in whole or in part in salvaging or reclaiming any product or material, including but not limited to metals, chemicals, shipping containers or drums.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Drilling operations means the drilling of an oil and gas well and the production and completion operations ensuing from the drilling which require entry upon the surface estate and which were commenced after June 30, 1979, and oil and gas geophysical and seismograph exploration activities commenced after June 30, 1983.

  • Surgical Operation means manual and/or operative procedures for correction of deformities and defects, repair of injuries, diagnosis and cure of diseases, relief of suffering and prolongation of life.

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • Mining Operations means every kind of work done by the Operator:

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Area of operation means an area coextensive with the territorial boundaries of the land acquired or

  • Branch manager means the natural person who is in charge of and who is responsible for the business operations of a branch office of a licensee.

  • Casino means a casino as defined in section 1 of the KwaZulu-Natal Gaming and Betting Act, 2010 (Act No. 8 of 2010);

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • tour operator means an organiser or retailer, other than the carrier, within the meaning of Article 2(2) and (3) of Directive 90/314/EEC;

  • Animal feeding operation (“AFO”) means a lot or facility (other than an aquatic animal production facility) where animals have been, are, or will be stabled or confined and fed or maintained for a total of 45 days or more in any 12-month period, and crops, vegetation, forage growth, or post-harvest residues are not sustained in the normal growing season over any portion of the lot or facility [40 CFR § 122.23(b)(1)].

  • operational area means a work unit providing a distinct service that may include one of the following areas: domestic services, food services, laundry/linen services and the work of aides and orderlies and similar operational work

  • co-operative means a co-operative registered in terms of section 7 of Cooperatives Act, 2005 (Act No. 14 of 2005)

  • Operations means all the activities conducted by PURCHASER under this contract, including project work, logging, or post harvest activities; or the furnishing of all materials, equipment, labor, and incidentals necessary to successfully complete any individual item or the entire contract.

  • Railway Operation Date means the date of the first carriage of iron ore, freight goods or other products over the relevant Railway (other than for construction or commissioning purposes);