Protected cell liabilities definition

Protected cell liabilities means all liabilities and other obligations identified with and attributable to a specific protected cell of a protected cell company.
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Protected cell liabilities means all liabilities and other obligations identified with and attributable to a specific protected cell of a sponsored captive insurance company.
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Protected cell liabilities means all liabilities and other obligations identified with and attributable to
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Examples of Protected cell liabilities in a sentence

  • The company funds its liability to each participant through one or more protected cells and segregates the assets of each protected cell from the assets of other protected cells and from the assets of the protected cell captive insurance company's general account.(35) Protected cell liabilities.

  • Protected cell liabilities" means all liabilities and other obligations identified with and attributable to a specific protected cell of a protected cell company.HISTORY: 2000 Act No. 238, Section 2; 2001 Act No. 58, Section 16, eff May 29, 2001.

  • Protected cell liabilities" means all liabilities and other obligations identified with and attributable to a specific protected cell of a protected cell company.

  • The company funds its liability to each participant through one or18 more protected cells and segregates the assets of each protected cell19 from the assets of other protected cells and from the assets of the20 protected cell captive insurance company's general account.21 (35) Protected cell liabilities.

  • The company funds its liability to each participant through one or17 more protected cells and segregates the assets of each protected cell18 from the assets of other protected cells and from the assets of the19 protected cell captive insurance company's general account.20 (35) Protected cell liabilities.

  • This ruling allows Plaintiffs to resume their lawsuit against Defendants.


More Definitions of Protected cell liabilities

Protected cell liabilities means all liabilities and
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Protected cell liabilities means all liabilities and other obligations identified with and attributed to a specific protected cell of a protected cell captive insurance company; and
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Protected cell liabilities means all liabilities _a_n_d
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Protected cell liabilities means all liabilities and other obligations identified with
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Related to Protected cell liabilities

  • Eligible Liabilities and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Assumed Environmental Liabilities has the meaning specified in Section 7.4.

  • Environmental Liabilities and Costs means all liabilities, monetary obligations, Remedial Actions, losses, damages, punitive damages, consequential damages, treble damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any claim or demand by any Governmental Authority or any third party, and which relate to any Environmental Action.

  • Environmental Liabilities means all liabilities, obligations, responsibilities, remedial actions, removal costs, losses, damages of whatever nature, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts and consultants and costs of investigation and feasibility studies), fines, penalties, sanctions and interest incurred as a result of any claim, suit, action or demand of whatever nature by any Person and which relate to any health or safety condition regulated under any Environmental Law, environmental permits or in connection with any Release, threatened Release, or the presence of a Hazardous Material.

  • Third Party Liability has the meaning ascribed thereto in Section 8.3.2;

  • Retained Environmental Liabilities means all Environmental Liabilities of Seller or its Affiliates arising out of or relating to operations or activities that are not primarily related to the Business, whether arising or related to the period before or after Closing.

  • Total Liabilities is on any day, obligations that should, under GAAP, be classified as liabilities on Borrower’s consolidated balance sheet, including all Indebtedness.

  • Senior Higher Priority Liabilities means any obligations in respect of principal of the Issuer under any Notes and any other unsecured and unsubordinated obligations (créditos ordinarios) of the Issuer, other than the Senior Non Preferred Liabilities; and

  • Company Intellectual Property means any Intellectual Property that is owned or purported to be owned by the Company or any of its Subsidiaries.

  • Environmental Liability means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Company or any Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Employment Liabilities means all claims, demands, actions, proceedings, damages, compensation, tribunal awards, fines, costs (including but not limited to reasonable legal costs), expenses and all other liabilities whatsoever;