Equitas definition

Equitas means (i) Equitas Limited, Equitas Reinsurance Limited, Equitas Holdings Limited, Equitas Management Services Limited, and Equitas Policyholders Trust Limited; (ii) all the present and former officers, directors, employees, subsidiaries, affiliates, representatives, attorneys and agents of the entities set forth in sub-paragraph 1.I(i) hereof, and their respective predecessors and successors, if any, solely in such capacity; and (iii) the respective heirs, executors, administrators, successors, assigns and reinsurers (as such) of any of the Persons identified in sub-paragraphs 1.I(i) and 1.I(ii) hereof.
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Equitas in Latin means ‘equitable’; in English it means fair and transparent. All products, processes and actions of the Company are measured against this yardstick to ensure that whatever we do is fair to the other person and communicated transparently. We have already created new global benchmarks in the industry in terms of being both fair and transparent with our customers and other stakeholders.
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Equitas means (i) Equitas Limited, Equitas Reinsurance Limited, Equitas Holdings Limited, Equitas Management Services Limited, and Equitas Policyholders Trust Limited; (ii) all the present and former officers, directors, trustees, employees, subsidiaries, affiliates, representatives, attorneys and agents of the entities set forth in sub-paragraph (i) hereof, and their respective predecessors and successors, if any, in such capacity; and (iii) the respective heirs, executors, administrators, successors, assigns and reinsurers (as such) of any of the Persons identified in sub-paragraphs (i) and (ii) hereof.
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Examples of Equitas in a sentence

  • This Release also extends to Equitas Reinsurance Limited and Equitas Limited.

  • Notwithstanding the foregoing, all such releases shall become null and void as to Equitas if Equitas seeks to assert any claim against Congoleum relating in any way to the London Policies, except as to enforcement of any provision of this Agreement.

  • Within fifteen (15) Business Days of receipt of any demand, notice, summons or other process received by Lloyd's Underwriters and/or Equitas in connection with any Claim that Lloyd's Underwriters and/or Equitas believe is subject to the Asbestos Channeling Injunction, Lloyd's Underwriters and/or Equitas (as the case may be) shall forward such demand, notice, summons or other process to the Plan Trust.

  • Except for the express references herein to Equitas and currently unknown Lloyd's Underwriters, the Parties specifically disavow any intention to create rights in third-parties under or in relation to this Agreement.

  • The obligations set forth in this Section 5 shall also extend to the benefit of Equitas, which is an intended third-party beneficiary of the terms of this Section 5.

  • Design may assign this Agreement, and/or transfer, assign or delegate any or all of its rights, obligations and responsibilities under this Agreement, without the consent of HLM, to one or more of Design's Affiliated Entities and/or one or more of Pacific Capital, L.P., a Delaware limited partnership, and/or Equitas, L.P., a Delaware limited partnership.

  • Pursuant to the Plan, prior to the conclusion of the Confirmation Hearing, the Plan Proponents shall designate Lloyd's Underwriters and Equitas (solely in its capacity as Lloyd's Underwriters' reinsurer and run-off agent) as Settling Asbestos Insurance Companies in the schedule of Settling Asbestos Insurance Companies filed by the Plan Proponents.

  • The Plan Trust shall notify Lloyd's Underwriters and/or Equitas in writing within fifteen (15) Business Days of receipt of notice of such Claim from Lloyd's Underwriters and/or Equitas whether the Plan Trust agrees that such Claim triggers the Plan Trust's obligations pursuant to Paragraph 5.A above.

  • The Borrower may with the prior written approval of Equitas Small Finance Bank Limited, open such accounts as may be permitted with other Bank(s) however, in case the Borrower is permitted to deal with other Bank(s) a statement of the account shall be submitted to Equitas Small Finance Bank Limited on a monthly basis.

  • However, if Equitas fails to perform the obligations required of it or Lloyd's Underwriters under Paragraph 5.C above with respect to any Claim, and such failure materially prejudices the Plan Trust, the Plan Trust shall have no obligation to defend the Asbestos Channeling Injunction pursuant to this Section 5 as to Equitas with respect to that Claim.