Insurance Group Parent Entity definition

Insurance Group Parent Entity means the Issuer or any Subsidiary or parent company of the Issuer which from time to time constitutes the highest entity in the relevant insurance group for which supervision of group capital resources or solvency is required pursuant to the Regulatory Capital Requirements in force from time to time;
Insurance Group Parent Entity means Rothesay Limited or, if the Issuer has an ultimate insurance holding company that is subject to consolidated supervision by a United Kingdom regulatory authority for the purposes of the Relevant Rules, such ultimate insurance holding company (such company being, as at the Issue Date, Rothesay Limited);
Insurance Group Parent Entity means Rothesay Holdco UK Limited or, if the Issuer has an ultimate insurance holding company that is subject to consolidated supervision by a United Kingdom or other EEA regulatory authority for the purposes of the Solvency II Directive, such ultimate insurance holding company (such company being, as at the Issue Date, Rothesay Holdco UK Limited);

Examples of Insurance Group Parent Entity in a sentence

  • Insurance Group means the Insurance Group Parent Entity and its direct and indirect subsidiaries.

  • As at the date of this Offering Memorandum, the Insurance Group Parent Entity is the Issuer.

  • Insurance Group Parent Entity means the Issuer or any subsidiary or parent company of the Issuer which from time to time constitutes the highest entity in the relevant insurance group for whichsupervision of group capital resources or solvency is required pursuant to the Applicable Regulations in force from time to time.1 Insurance Undertaking has the meaning given to such term in article 13 of the Solvency II Directive.


More Definitions of Insurance Group Parent Entity

Insurance Group Parent Entity means the Issuer or any Subsidiary or parent company of the Issuer which from time to time constitutes the highest entity in the relevant insurance group or other financial group for which supervision of group capital resources or solvency is required (whether or not such requirement is waived in accordance with the Relevant Rules) pursuant to the Relevant Rules in force from time to time (which, as at the Issue Date, is the Issuer);

Related to Insurance Group Parent Entity

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Insurance group means the persons that comprise an insurance holding company system.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Parent Entities means, collectively, Parent and all Parent Subsidiaries.

  • Parent Entity of a Person means an entity that, directly or indirectly, controls the applicable Person and whose common stock or equivalent equity security is quoted or listed on an Eligible Market, or, if there is more than one such Person or Parent Entity, the Person or Parent Entity with the largest public market capitalization as of the date of consummation of the Fundamental Transaction.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • Business Entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • Captive Insurance Subsidiary means any Subsidiary of the Borrower that is subject to regulation as an insurance company (or any Subsidiary thereof).

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.

  • Parent Companies means Parent and its Subsidiaries;

  • Bank Subsidiary means the subsidiary or subsidiaries or the Bank which may from time to time be specified by the Bank to the Customer;

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Group the Company and its subsidiaries

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Group Business Entity means;

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a Delaware limited liability company that is treated as a disregarded entity for U.S. federal income tax purposes, the primary asset of which consists of Equity Interests in either (i) one or more Foreign Subsidiaries or (ii) a Delaware limited liability company the primary asset of which consists of Equity Interests in one or more Foreign Subsidiaries.

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Portfolio Company means the issuer or obligor under any Portfolio Investment held by any Obligor.

  • Controlled group of corporations has the meaning set forth in Code Section 1563.