MASTER COMMUTATION, RELEASE AND RESTRUCTURING AGREEMENT among XL Capital Ltd; XL Insurance (Bermuda) Ltd; XL Reinsurance America Inc.; X.L. Global Services, Inc.; XL Services (Bermuda) Ltd and X.L. America, Inc.; Security Capital Assurance Ltd; XL...Master Commutation, Release and Restructuring Agreement • July 30th, 2008 • Security Capital Assurance LTD • Surety insurance • New York
WHEREAS, XLI is the record and beneficial owner of approximately forty-six percent (46%) of SCA’s issued and outstanding common shares (the “XL Owned SCA Common Shares”);
MASTER COMMUTATION, RELEASE AND RESTRUCTURING AGREEMENT among XL Capital Ltd; XL Insurance (Bermuda) Ltd; XL Reinsurance America Inc.; X.L. Global Services, Inc.; XL Services (Bermuda) Ltd and X.L. America, Inc.; Security Capital Assurance Ltd; XL...Master Commutation, Release and Restructuring Agreement • July 28th, 2008 • Xl Capital LTD • Surety insurance • New York
WHEREAS, XLI is the record and beneficial owner of approximately forty-six percent (46%) of SCA’s issued and outstanding common shares (the “XL Owned SCA Common Shares”);