Company: KG
Filing Date: 2025-03-10
Form Type: S-4
Source: 0001104659-25-021993
Chunk: 328

Company: Kestrel Group Ltd
Filing Date: 2025-03-10
Form: S-4
Chunk 328
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“ No Vote Termination Fee ” has the meaning set forth in Section 9.03(a)(iii) .

“ Nonparties ” has the meaning set forth in Section 10.14 .

“ Noteholder Litigation Matter ” means the litigation filed in the Supreme Court of the State of New York, New York County, captioned, WUSO Holding Corp. and 683 Capital Partners, LP, v. Maiden Holdings North American, Ltd. and Maiden Holdings, Ltd. , Index No. 659861/2024 and any other claim or litigation arising out of or relating to similar underlying facts.

“ Outside Date ” has the meaning set forth in Section 9.01(b)(i) .

“ Parent ” has the meaning set forth in the preamble.

“ Parent 401(k) Plan ” has the meaning set forth in Section 7.11(a) .

“ Parent Acquisition Agreement ” has the meaning set forth in Section 7.03(a) .

“ Parent Award ” means a Parent Restricted Share or Parent Option, as applicable.

“ Parent Board ” has the meaning set forth in the recitals.

“ Parent Board Recommendation ” has the meaning set forth in Section 6.03(b) .

“ Parent Book-Entry Share ” has the meaning set forth in Section 3.01(c) .

“ Parent Bye-Law Resolutions ” means the Parent Voting Cutback Bye-Law Resolution and the First Merger Approval Bye-Law Resolution.

“ Parent Bye-Laws ” means the Bye-laws of Parent, as amended up to and including five (5) business days prior to the date of this Agreement.

“ Parent Certificate of Merger ” has the meaning set forth in Section 2.03(b) .

“ Parent Disclosure Letter ” has the meaning set forth in Article VI .

“ Parent Insurance Approvals ” has the meaning set forth in Section 6.04 .

“ Parent Insurance Subsidiary ” has the meaning set forth in Section 6.17 .

“ Parent Investment Assets ” has the meaning set forth in Section 6.12(a) .

“ Parent Investment Guidelines ” has the meaning set forth in Section 6.12(a) .

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“ Parent Leases ” has the meaning set forth in Section 6.15(b) .

“ Parent Leased Real Property ” has the meaning set forth in Section 6.15(b) .

“ Parent Material Adverse Effect ” means any effect, change, circumstance