Insurance Captive definition

Insurance Captive means WIN General Insurance Company, a South Carolina insurance captive.

Insurance Captive means each of (a) Xxxxxxxx Insurance Co. Ltd., a Bermuda corporation, (b) Market Company, Ltd., a Bermuda corporation and (c) such other Subsidiaries of the Borrower that perform similar insurance functions, in each case to the extent organized and maintained as a captive insurance Subsidiary of the Borrower.

Insurance Captive means Liberty Health Corporation, Ltd., a Bermuda company, or any other insurance captive or other self-insurance program established by a Borrower.

Examples of Insurance Captive in a sentence

• In addition, each Special Purpose Insurance Captive is prohibited from engaging in any business other than the provision of business insurance to the Company and its Subsidiaries.

• During the year, the Group arranged a global insurance programme for property damage, business interruption and public liability for its operationsin Singapore and the UK under the advice of Marsh (Singapore) and maintained insurance levels deemed appropriate in the light of the cost of cover and risk profiles of the businesses.The Group has also established a wholly-owned captive insurance subsidiary, Sembcorp Captive Insurance (Captive), which is advised and managed by Marsh Management Services.

• CBSE was incorporated under the laws of British Columbia on May 4, 2006, and is registered under the Insurance (Captive Company) Act of British Columbia.

• Canadian Blood ServicesThe provincial and territorial governments of Canada have entered into a Canadian Blood Services Excess Insurance Captive Support Agreement (the “Captive Support Agreement”) with Canadian Blood Services (CBS) and Canadian Blood Services Captive Insurance Company Limited (CBSI), a wholly owned subsidiary of CBS.

• If an application is not submitted at least 30 days prior to the scheduled check-in date, an administrative fee of $250.00 will be assessed.

More Definitions of Insurance Captive

Insurance Captive means Philadelphia Academic Risk Retention Group, LLC, which shall at all times be a licensed captive insurance company in good standing under the Laws of the State of Vermont and is in compliance with all applicable Laws, except for such Laws the noncompliance with which could not reasonably be expected to have a Material Adverse Effect.

Insurance Captive means each of (a) Xxxxxxxx Insurance Co. Ltd, a Bermuda corporation, (b) Market Company, Ltd., a Bermuda corporation and (c) such other Subsidiaries of the Lead Borrower formed or acquired after the date hereof that perform similar insurance functions, in each case to the extent organized and maintained as a captive insurance Subsidiary of the Lead Borrower, provided, that, as to such other Subsidiaries, the Lead Borrower shall notify Administrative Agent of the formation or acquisition of such Subsidiary, certify to Administrative Agent, in form and substance satisfactory to Administrative Agent, that its function is to provide insurance and Administrative Agent shall have received such information with respect thereto as it requests.

Insurance Captive means Generations Group, Ltd.

Insurance Captive means ARU SPC, LTD, a Cayman Islands Company.

Insurance Captive. Liberty Health Corporation, Ltd., a Bermuda company, Fountain View Reinsurance, Ltd., a Cayman Islands company, or any other insurance captive or other self insurance program established by Ultimate Parent or a Restricted Subsidiary.

Insurance Captive means each of (a) Xxxxx American Corporation, a Vermont corporation, and its successors and assigns performing similar insurance functions, including Xxxxx American Corporation, if it is incorporated or organized in (i) a State other than Vermont or (ii) the District of Columbia, (b) Xxxxxxxx Insurance Co. Ltd, a Bermuda corporation, (c) ABS Insurance Ltd., a Bermuda corporation and (d) Market Company, Ltd., a Bermuda corporation and (e) such other Subsidiaries of the Lead Borrower formed or acquired after the date hereof that perform similar insurance functions, in each case to the extent organized and maintained as a captive insurance Subsidiary of the Lead Borrower, provided, that, as to such other Subsidiaries, the Lead Borrower shall notify Administrative Agent of the formation or acquisition of such Subsidiary, certify to Administrative Agent, in form and substance satisfactory to Administrative Agent, that its function is to provide insurance and Administrative Agent shall have received such information with respect thereto as it requests.

Insurance Captive means an insurance captive established by Fountain View Reinsurance, Ltd. that is a licensed domestic, Cayman Island (Insurance Required Class) unrestricted insurance company, is in good standing under the Laws of Cayman Island and is in compliance with all applicable Laws.