Codan Holdings definition

Codan Holdings means Codan A/S, a company incorporated in Denmark, company registration no. 56 77 12 12, with its registered office at ▇/▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 60, DK-1850 Frederiksberg C, Denmark;
Codan Holdings means Codan A/S, a company incorporated under the laws of Denmark, being the entity holding the Target’s Scandinavian businesses.

Examples of Codan Holdings in a sentence

  • Following the Scandinavia Carve-Out, it is intended that an intragroup reorganisation will take place, resulting in a structure in which Scandi JVco holds Codan Holdings, and in turn Scandi JVco is held c.89.3% by Tryg (c.78.6% directly and c.10.7% indirectly through Scandi JVco2) and c.10.7% indirectly by Intact through Scandi JVco2 (the "Acquisition Completion Holding Structure").

  • The Scandinavia Carve-Out will be effected through the contribution of Codan Holdings by RIIH to Scandi JVco (a Danish company owned jointly by Intact and Tryg) in consideration for the issue of shares in Scandi JVco, and the subsequent transfer of those shares in Scandi JVco to members of the Intact Group and the Tryg Group.

  • Tryg acknowledges and accepts that Bidco and Intact will make the R2.7 Announcement in full reliance on a number of matters including Tryg's entry into, and compliance with its obligations under, this Agreement (including but not limited to its obligations under clause 5 to procure that the Consideration Shares are issued by ScandiJVCo to Codan Holdings) and the Tryg SPA.

Related to Codan Holdings

  • Holdings has the meaning specified in the introductory paragraph 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.

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • 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 a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.