Examples of CBL Group in a sentence
Rapport (1995) argues on the basis of thermodynamics that the notion of sustainable development is at best ambiguous and at worst a contradiction in terms.
Business description The CBL Group sells insurance and underwrites insurance risk in 25 countries with underwriting, accounting, treasury, claims and management all run from its Head Office in Auckland, New Zealand.
The Group believes it has proprietary knowledge in specialist insurance products and has developed relationships with local insurance partners in several countries, which have delivered reliable income streams to the business.The CBL Group has been successful in achieving revenue and earnings growth over the past five years while effectively managing its risk exposure.
Business OperationsThe CBL Group provides a range of banking services.
The CBL Group sells insurance and underwrites insurance risk in 25 countries and its Head Office is in Auckland, New Zealand.The CBL Group has sought to focus on identifying profitable, non-traditional insurance lines particularly in local and offshore construction and property industries.
As (i) a valuation of the CBL Group is not available, and (ii) it is considered inappropriate to use the existing NAV of CBL Group given the reorganisations involved prior to Closing as mentioned in the sub-section above headed “Principal terms of the Contribution Agreement — Reorganisations prior to Closing”, we consider it reasonable to use the agreed NAV of CBL to be contributed of US$600 million in the above calculation as an alternative basis for valuation.
The Contribution The Contribution is effectively an exchange of (i) the CBL Group and (ii) approximately 5% of TAB as enlarged by CBL (the “Enlarged TAB”).
The Trust Deed, the Agency Agreement, the Notes, the Receipts and the Coupons and any non- contractual obligations arising out of or in connection with them are governed by, and shall be construed in accordance with, English law.USE OF PROCEEDS The net proceeds from each issue of Notes (other than HMT Guaranteed Notes) will be on lent by the Issuer to the Parent Guarantor and applied by the CBL Group for its general corporate purposes, which include making a profit.
If the Annual Cap is set as a monetary amount, it would act as a barrier to the growth of the volume of sales by the CBL Group in the event that there is any increase in sales volume of the CBL Group or any increase in the price of concentrate to be provided by the PepsiCo Group.Having considered the above, we consider the setting of the Annual Cap based on a percentage of TAB’s revenue for the corresponding financial year is fair and reasonable so far as the Independent Shareholders are concerned.
In respect of the future financial performance of the CBL Group, we have reviewed and discussed with management of the Group the estimated future revenue and costs of the CBL Group, taking into account the benefits of the strategic alliance with PepsiCo and improvements to the Pepsi Bottlers’ operating efficiency and cost control brought by the Group.