DICL definition

DICL has the meaning set forth in Section 10.20. “Documentation Agent” mea n s Citize ns B an k, N. A. i n its ca p ac it y as d o cu menta tio n age nt fo r the cr ed it facility established hereunder. Age nts” mea n s ea ch o f the E ff ec tive Date Do cu me ntatio n Agent a nd the Ame nd me nt ▇▇. ▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. “Dollars” or “$” refers to lawful money of the United States of America. “Domestic Subsidiary” means any Subsidiary of the Parent Borrower organized or incorporated under the laws of any State within the United States of America or the District of Columbia. “EBITDA” means, for any period, the Net Income for the Parent Borrower and its Restricted Subsidiaries on a consolidated basis determined in accordance with GAAP plus (a) without duplication to the extent deducted in determining such Net Income, the sum of (i) Interest Expense, provision for taxes based on income and depreciation and amortization, all as determined in accordance with GAAP, (ii) extraordinary, non-recurring or unusual charges or losses, (iii) charges resulting from the application of FASB Statement Number 123 (Revised), (iv) other non-cash charges and (v) losses arising from the sale of assets other than in the ordinary course of business, minus (b) to the extent included in such consolidated Net Income, extraordinary, non-recurring or unusual gains and gains arising from the sale of assets other than in the ordinary course of business. “EBITDAR” means for any period for the Parent Borrower and its Restricted Subsidiaries on a consolidated basis determined in accordance with GAAP, the sum of (a) EBITDA plus (b) Rental and Lease Expense of the Parent Borrower and its Restricted Subsidiaries. “Effective Date” mea ns t he d ate o n whic h the Ad mi nis tr ativ e Agent d ec lar es t hi s Agr ee me nt e f fec ti ve as provided in Section 5.01. E E A Fina ncial I nst itu tio n” mea ns ( a) a ny credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent; “E E A Me mb er Co u ntr y” mea ns a n y o f t he me mb er sta tes o f the E ur o p ea n U nio n, I...
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DICL means D▇▇▇▇▇▇’▇ Insurance Company Limited, a company registered and existing under the laws of Bermuda.
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DICL means Dillard’s Insurance Company Limited, a company registered and existing under the laws of Bermuda. “Disposition” has the meaning set forth in Section 7.05. “Dividing Person” has the meaning given to such term in the definition of “Division”. “Division” means the division of the assets, liabilities and/or obligations of a Person (the “Dividing Person”) among two or more Persons (whether pursuant to a “plan of division” or similar arrangement), which may or may not include the Dividing Person and pursuant to which the Dividing Person may or may not survive. “Division Successor” means any Person that, upon the consummation of a Division of a Dividing Person, holds all or any portion of the assets, liabilities and/or obligations previously held by such Dividing Person immediately prior to the consummation of such Division. A Dividing 13
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Examples of DICL in a sentence

  • The Agent and the Lenders hereby agree that at all times, including, without limitation, (a) if an Event of Default has occurred and is continuing or (b) if the Lenders become judgment creditors and seek to attach or levy upon any assets of the Parent Borrower or any of its Subsidiaries to enforce any such judgment, DICL will continue to be operated in compliance with the regulatory guidelines required by the Bermuda Monetary Authority and the Arkansas Insurance Department.

  • The Administrative Agent and the Lenders hereby agree that at all times, including, without limitation, (a) if an Event of Default has occurred and is continuing or (b) if the Lenders become judgment creditors and seek to attach or levy upon any assets of the Parent Borrower or any of its Subsidiaries to enforce any such judgment, DICL will continue to be operated in compliance with the regulatory guidelines required by the Bermuda Monetary Authority and the Arkansas Insurance Department.

  • For the avoidance of doubt, the assets of Dillard's Insurance Company Limited, a company registered and existing under the laws of Bermuda (“DICL”), is not and shall not be required to be pledged as collateral under this Agreement or any other Loan Document and DICL is not and shall not be deemed to be an Obligor or Subsidiary Guarantor.

  • For the avoidance of doubt, the assets of ▇▇▇▇▇▇▇'▇ Insurance Company Limited, a company registered and existing under the laws of Bermuda (“DICL”), is not and shall not be required to be pledged as collateral under this Agreement or any other Loan Document and DICL is not and shall not be deemed to be an Obligor or Subsidiary Guarantor.


More Definitions of DICL

DICL means Dillard’s Insurance Company Limited, a company registered and existing under the laws of Bermuda. “Disposition” has the meaning set forth in Section 7.05. “Dividing Person” has the meaning given to such term in the definition of “Division”. “Division” means the division of the assets, liabilities and/or obligations of a Person (the “Dividing Person”) among two or more Persons (whether pursuant to a “plan of division” or similar arrangement), which may or may not include the Dividing Person and pursuant to which the Dividing Person may or may not survive. “Division Successor” means any Person that, upon the consummation of a Division of a Dividing Person, holds all or any portion of the assets, liabilities and/or obligations previously held by such Dividing Person immediately prior to the consummation of such Division. A Dividing Person which retains any of its assets, liabilities and/or obligations after a Division shall be deemed a Division Successor upon the occurrence of such Division. “Documentation Agents” means each of the Effective Date Documentation Agent, the First Amendment Documentation Agent and the Second Amendment Documentation Agent. “Dollars” or “$” refers to lawful money of the United States of America. “Domestic Subsidiary” means any Subsidiary of a Borrower organized or incorporated under the laws of a jurisdiction located in the U.S. “Early Opt-in Election” means , if the then-current Benchmark is LIBO Rate, the occurrence of:
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DICL means Dillard’s Insurance Company Limited, a company registered and existing under the laws of Bermuda.
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DICL has the meaning set forth in Section 10.20.
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Related to DICL

  • Anaerobic digester means a liquid manure storage area that is constructed with the intent to capture and combust gas emissions resulting from the digestion of waste by microbes in anaerobic conditions. An anaerobic digester is a LMSA and is required to comply with all requirements applicable to LMSAs. Requirements specific to anaerobic digesters will be noted when applicable.

  • Aerosol coating product means a pressurized coating product containing pigments or resins that dispenses product ingredients by means of a propellant, and is packaged in a disposable can for hand-held application, or for use in specialized equipment for ground traffic/marking applications.

  • Anaerobic digestion ’ means a controlled process involving microbial decomposition of organic matter in the absence of oxygen ;

  • Encapsulant means a substance that forms a barrier between lead-based paint and the environment using a liquid-applied coating (with or without reinforcement materials) or an adhesively bonded covering material.

  • Pyrolysis means the thermal degradation of a substance in the absence of any oxidising agent, which does not form part of the substance itself, to produce char and gas and/or liquid; and