Insurability. Buyer has the right to review and object to the availability, terms and conditions of and premium for 490 property insurance (Property Insurance). Buyer has the Right to Terminate under § 25.1, on or before Property Insurance 491 Termination Deadline, based on any unsatisfactory provision of the Property Insurance, in Buyer’s sole subjective discretion.
Insurability. This Contract is conditional upon Xxxxx’s satisfaction, in Xxxxx’s subjective discretion, with the availability, terms and 358 conditions of and premium for property insurance. This Contract shall terminate upon Seller’s receipt, on or before Property Insurance Objection 359 Deadline (§ 2.3), of Buyer’s written notice that such insurance was not satisfactory to Buyer. If said notice is not timely received, Buyer shall have 360 waived any right to terminate under this provision.
Insurability. Many different issues can affect the insurability and the rates of insurance for property. These include factors such as changes in the Flood Zone Certifications, changes to the earthquake zones maps, the insurability of the buyer, and previous claims made on the Property. It is the right and responsibility of Buyer to determine the insurability, coverage and the cost of insuring the Property. It is also the responsibility of Buyer to determine whether any exclusions will apply to the insurability of said Property.
Insurability. It is the right and responsibility of Buyer to determine the insurability, coverage and the cost of insuring the Property. It is also the responsibility of Buyer to determine whether any exclusions will apply to the insurability of said Property.
Insurability. Sellers have not received any notice from any insurance company of any material defects or inadequacies in the Real Property or any part thereof, which would materially, adversely affect the insurability of the same or of any termination or threatened termination of any policy of insurance.
Insurability. The Medical Group shall cooperate with the Management Company in (i) ensuring that its Medical Personnel are insurable or (ii) instituting proceedings to terminate within two business days any Medical Personnel who is not insurable or who loses his or her insurance eligibility. The Medical Group shall notify the Management Company in writing of any change in the insurance status of any Medical Personnel within two days after the Medical Group receives notice of any such change. The Medical Group shall require all Medical Personnel to participate in an on-going risk management program.
Insurability. The Medical Group shall cooperate with the Management Company in (i) ensuring that its Medical Personnel are insurable under commercially available malpractice insurance policies or (ii) instituting proceedings to terminate within thirty business days any Medical Personnel who is not so insurable or who loses his or her malpractice insurance eligibility unless the Medical Group makes (within such 30-day period) other arrangements reasonably appropriate under the circumstances and reasonably acceptable to the Management Company. The Medical Group shall notify the Management Company in writing of any change in the insurance status of any Medical Personnel within two days after the Medical Group receives notice of any such change. The Medical Group shall require all Medical Personnel to participate in an on-going risk management program.
Insurability. Employees who do not elect participation in the insurance programs within thirty-one (31) calendar days of initial employment or change participation in the insurance program during the scheduled open enrollment periods shall establish insurability and eligibility as required by the appropriate insurance carrier.
Insurability. For all loans, the Lender shall assure, and the Authority shall have determined to its satisfaction, in accordance with reasonable and prudent business practices, for each loan that: the loan is a legally valid, and binding obligation of the borrower; each such loan was made and serviced in compliance with applicable laws and regulations; and the insurance on such loan is in full force and effect. A Lender shall comply with due diligence requirements established by the U.S. Department of Education and the Authority in making, disbursing, servicing, and collecting loans insured pursuant to this contract. Failure to exercise such due diligence, with regard to any loan insured hereunder, may, without precluding other remedies, constitute grounds for avoidance by the Authority of its insurance obligation on that loan. This Lender warrants that it has and will continue to maintain itself or by contract, sufficient present capacity to exercise due diligence in the making, servicing, and collection of student loans and the maintenance of records pertaining thereto. Compliance by the Lender with the terms and conditions of this contract and applicable laws and regulations shall be deemed a condition precedent to the insurance obligation imposed upon the Authority hereunder. The Authority agrees that its insurance on any loan disbursed hereunder will remain in full force and effect if the loan becomes ineligible for federal reinsurance due to the Authority's acts or omissions in performing its obligations under this contract. If, at any time, any loan is determined to be either ineligible for reinsurance or legally unenforceable due to the Lender's acts or omissions in performing its obligations under the applicable law or this contract, then the Authority's insurance shall be voided and revoked and the Authority may require the Lender to repurchase the loan.
Insurability. The inspection or inspection report does not determine whether the property is insurable.
