OICL definition

OICL means, The Oriental Insurance Company Limited.
OICL means The Oriental Insurance Company Limited (Employer/Client) having its Regional office, # 44/45, 1st floor Leo Shopping Complex, Residency Cross Road, Bangalore and includes the client‟s representatives, successors and assigns.

Examples of OICL in a sentence

  • For the avoidance of doubt, Subscription Shares (or ADSs representing Subscription Shares) subject to a Repo will be deemed to be held by OICL.

  • No Party shall be entitled to assign its rights or transfer its obligations under this Agreement without the prior written consent of the other Party, except that OICL may assign its rights to an Affiliate, subject to any assignee becoming a party to this Agreement by entering into a Deed of Adherence in the form contained in Appendix A to this Agreement.

  • On 14 May 2015, OICL entered into a subscription agreement (the “Subscription Agreement”) with, inter alios, QIWI plc (the “Company”) to acquire 5,593,041 class B ordinary shares (the “Subscription Shares”) in the Company.

  • Any Penalty on the OICL for not servicing the Scheme will be sole responsibility of TPA.

  • It must be kept in view that no decision will be given by the Tender Evaluation Committee or any inferences drawn during the meeting of this committee by the tenderers or their representatives will be their own view and the OICL will not be responsible and abide by the same.

  • On 14 May 2015, OICL, Otkritie Holding JSC and QIWI entered into a deed of subscription (the “Deed of Subscription”), pursuant to which OICL will acquire 5,593,041 class B ordinary shares in QIWI (the “Subscription Shares”).

  • TPA shall pay OICL all penalties imposed by the OICL on the TPA within 10 days of receipt Penalty Notice from OICL.

  • Direct audits: In addition to the audit of the audits undertaken by the TPA, the OICL shall have the right to undertake direct audits on a regular basis conducted either directly by it or through its authorized representatives/ agencies including appointed third parties.

  • For all trigger alerts related to possible fraud at the level of EHCPs, the TPA shall take the lead in immediate investigation of the case in close coordination and under constant supervision of OICL.

  • The TPA shall, for due and punctual performance of its obligations relating to the Scheme, deliver to the OICL, on the same day with the execution of this Agreement, a Security Deposit of Rs. 5.00 lakhs for as interest free Security Deposit (SD) money.