XL Mid Ocean definition

XL Mid Ocean means XL Mid Ocean Reinsurance Ltd, a Bermuda limited liability corporation.
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XL Mid Ocean and "XL Re" shall mean XL Re Ltd, formerly known as XL Mid Ocean Reinsurance Ltd.
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XL Mid Ocean means XL Mid Ocean Reinsurance Ltd, a company organised under the laws of Bermuda.
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Examples of XL Mid Ocean in a sentence

  • Effective January 2001, the Company changed its name from XL Mid Ocean Reinsurance Ltd.

  • Effective February 1999, the Company changed its name from X.L. Mid Ocean Reinsurance Company, Ltd.

  • Each of XL Insurance and XL Mid Ocean shall maintain at all times a claims-paying rating of at least "A" from Standard & Poor's Ratings Services and from A.M. Best Company.

  • Ltd., a corporation organized under the laws of Bermuda, and (ii) from and after consummation of the 1998 Reinsurance Merger Transaction, X.L. Mid Ocean Reinsurance Company, Ltd., a corporation organized under the laws of Bermuda and the resulting corporation of the amalgamation referred to in the definition of the term "1998 Reinsurance Merger Transaction" appearing in this Section.

  • Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of such Borrower and its respective consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP or (in the case of XL Europe, XL Insurance or XL Mid Ocean) SAP, subject to year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (B) of the first sentence of this paragraph.

  • Unless otherwise provided, information with respect to a U.S. Account must be reported annually in the calendar year following the year to which the in- formation relates.

  • The Cedant shall notify XL Mid Ocean, in writing, on the last Business Day of each calendar quarter of any amendment, pursuant to Policy Conditions, to any Policy that has occurred in that preceding calendar quarter.

  • If XL Mid Ocean's Appointed Actuary does not approve the calculation by the Cedant's Appointed Actuary within 10 Business Days of receipt of the calculation, such dispute will be determined in accordance with the provisions of clause 6.6. If XL Mid Ocean fails to object in writing to the calculation within the time period contemplated by this clause 6.4.2, XL Mid Ocean shall be deemed to have approved same.

  • The Capital Improvement Program software should provide a modular architecture such that additional modules, including third party custom applications, can be incorporated through well-defined APIs or Web Services.

  • Each of XL Insurance Ltd and XL Mid Ocean Reinsurance Ltd is and will continue to be wholly owned, either directly or indirectly by XL Capital Ltd, except for a nominal number of shares owned by nominee shareholders as required pursuant to Bermuda Company Law.

Related to XL Mid Ocean

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  • snippet means with respect to any Material Contract, a consent and agreement in favor of the Term Loan Collateral Agent (for the benefit of the Secured Parties) in substantially the form attached hereto as Exhibit F or otherwise in form and substance reasonably satisfactory to the Term Loan Collateral Agent and the Administrative Agent.","hash":"b253905eac2329f4ce5deee359573d97","id":7},{"snippetLinks":[{"key":"the-consent","type":"clause","offset":[6,17]},{"key":"dated-as-of","type":"definition","offset": [32,43]},{"key":"march","type":"clause","offset":[44,49]},{"key":"the-bank","type":"clause","offset":[72,80]},{"key":"sumitomo","type":"definition","offset":[87,95]},{"key":"heavy","type":"clause","offset":[96,101]},{"key":"industries","type":"clause","offset":[102,112]},{"key":"ltd","type":"clause","offset":[114,117]},{"key":"solely-for-purposes-of- section","type":"clause","offset":[120,150]},{"key":"borrower-and","type":"clause","offset":[173,185]},{"key":"certain","type":"clause","offset":[186,193]},{"key":"subsidiaries","type":"clause","offset":[208,220]}],"samples":[{"uri":"/contracts/8I1kKDYnIWF#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/ef30eXHgcuS#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/dwF8yXcI2kh#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21}],"size":6,"snippet":"means the Consent and Agreement dated as of March 30, 2009 by and among the Bank, SEN, Sumitomo Heavy Industries, Ltd. (solely for purposes of Section 2(b) thereunder), the Borrower and certain of Borrower’s Subsidiaries named therein.","hash":"e15b2264efd3078b83ce802817c2631f","id":8},{"snippetLinks":[{"key":"a-consent","type":"clause","offset":[6,15]},

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