Qualified Jurisdiction definition

Qualified Jurisdiction at any time of determination, any jurisdiction in which Kimco or any of its Subsidiaries is doing business at such time the government of which jurisdiction is internationally recognized at such time, including by the United States Government.
Qualified Jurisdiction means a country specified in 49 CFR 383.23(b)(1)(n.1)*. (ee) "Residence" has the meaning set forth in IC 3-5-2-42.5.
Qualified Jurisdiction means (i) the United States, any state thereof or the District of Columbia, (ii) England and Wales, (iii) Switzerland or (iv) any state, province or other political sub-unit of England and Wales or Switzerland.

Examples of Qualified Jurisdiction in a sentence

  • The assuming insurer must be domiciled and licensed to transact insurance or reinsurance in a Qualified Jurisdiction, as determined by the commissioner pursuant to Subsection C of this section.

  • The NAIC adopted the Process for Developing and Maintaining the NAIC List of Qualified Jurisdictions (Qualified Jurisdiction Process) on August 27, 2013 (which was further amended on August 19, 2014).

  • The process for determining whether a non-U.S. jurisdiction is a Qualified Jurisdiction is ongoing and subject to periodic review.

  • The report will contain a recommendation as to whether the NAIC should recognize the jurisdiction as a Qualified Jurisdiction.

  • The NAIC will evaluate the appropriateness and effectiveness of the reinsurance supervisory system within the jurisdiction and consider the rights, benefits and the extent of reciprocal recognition afforded by the jurisdiction to reinsurers licensed and domiciled in the U.S. The determination of a Qualified Jurisdiction is based on the effectiveness of the entire reinsurance supervisory system within the jurisdiction.


More Definitions of Qualified Jurisdiction

Qualified Jurisdiction means each of the United States, any state or territory thereof, the District of Columbia, Germany, Ireland, Switzerland, Hong Kong, Luxembourg, Singapore, The Netherlands and any other jurisdiction as may be mutually agreed to in writing from time to time by the Lead Borrower and the Administrative Agent.
Qualified Jurisdiction means (i) Canada (ii) the United Kingdom, (iii) the European Union or any member state thereof, (iv) Australia and (v) New Zealand (or, in each case, any state, province or territory thereof).
Qualified Jurisdiction means the State of New York, Bermuda, the Cayman Islands and any other jurisdiction (being or within any country whose long term US$ debt has an investment rating from S&P and Xxxxx’x (or if only one such Rating Agency is then rating such debt, from such Rating Agency) of at least BBB or Baa3, respectively).
Qualified Jurisdiction means (x) the United States (and any political subdivision thereof), Ireland, Luxembourg, Switzerland, the United Kingdom or the Netherlands, (y) the jurisdiction of the organization of any entity incorporated or organized outside the United States in a transaction permitted by Section 6.05(n) where the Administrative Agent has made the determination required by clause (iii) thereof, and (z) any other jurisdiction where the Administrative Agent has determined (acting reasonably and following a request by a Borrower and based on advice of local counsel) that Wholly Owned Subsidiaries organized in such jurisdiction may provide guarantees and security which, after giving effect to the Agreed Guarantee and Security Principles, would provide substantially the same benefits as guarantees and security provided with respect to the Collateral owned by such entities as would have been obtained if the respective Subsidiary were instead organized in any of the United States, Ireland, Luxembourg, Switzerland, the United Kingdom or the Netherlands.
Qualified Jurisdiction means a Medical Cannabis Qualified Jurisdiction or a Non-Medical Cannabis Qualified Jurisdiction.
Qualified Jurisdiction. (a) with respect to the Borrower, the United States, and (b) with respect to any other Loan Party, the United States, England, Canada, Jersey, Bermuda and the Republic of Ireland, in each case, together with any State, Province, Territory or other political sub-division therein, or such other jurisdiction as shall be consented to by the Required Lenders.
Qualified Jurisdiction means (a) the United States, the United Kingdom and Luxembourg and (b) any other jurisdiction where the Administrative Agent has determined (acting reasonably and following a request by the Borrower Representative and based on advice of local counsel) that Wholly-Owned Subsidiaries organized in such jurisdiction may provide guarantees and security which, after giving effect to the Agreed Guarantee and Security Principles, would provide substantially the same benefits as guarantees and security provided with respect to the Collateral owned by such entities as would have been obtained if the respective subsidiary were instead organized in any of the jurisdictions listed in preceding clause (a).