Casualty Insurance Policy definition

Casualty Insurance Policy means any insurance policy maintained by any Group Company covering losses with respect to Casualties.
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Casualty Insurance Policy means any insurance policy maintained by or on behalf of the Borrower covering losses with respect to Casualties involving one or more Portfolio Railcars or other items of Collateral.
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Casualty Insurance Policy means any insurance policy maintained by or on behalf of the Borrower covering losses with respect to Casualties involving one or more Portfolio Railcars or other items of Collateral. “Casualty Proceeds” means all proceeds under any Casualty Insurance Policy, and all other insurance proceeds, damages, awards, claims and rights of action of the Borrower with respect to any Casualty. “Closing Date” means June 27, 2002. “Code” means the Internal Revenue Code of 1986, as amended, and any successor statute thereto, as interpreted by the rules and Treasury Regulations issued thereunder, in each case as in effect from time to time. Reference to particular sections of the Code shall be construed also to refer to any successor sections. “Collateral” means all of the property which is subject or is purported to be subject to the Liens granted by the Collateral Documents. “Collateral Agent” means Wilmington Trust Company in its capacity as collateral agent and representative for the Protected Parties under the Security Agreement and the Depository Agreement. “Collateral Deficiency” means, as of any date of determination, the Dollar amount of the excess, if any, of (x) the aggregate outstanding principal amount of the Loans as of such date over (y) the Borrowing Base calculated as of such date. “Collateral Documents” means, collectively, the Security Agreement, each Perfection Certificate, the Depository Agreement, the Customer Collections Account Administration Agreement, the Asset Contribution and Purchase Agreement, the Marks Company Trust Agreement, any additional pledges, security agreements, patent, trademark or copyright filings or mortgages required to be delivered pursuant to the Loan Documents and any instruments of assignment, control agreements, lockbox letters or other instruments or agreements executed pursuant to the foregoing. “Collection Account” means the Collection Account established by the Depositary pursuant to the Depository Agreement. “Commitment” means, with respect to any Committed Lender, the commitment of such Committed Lender, in an aggregate principal amount at any time outstanding of up to such Committed Lender’s Commitment Percentage of the Committed Amount, to make Loans in accordance with the provisions of Section 2.01, in each case as set forth on Schedule 1.01 or in the applicable Assignment and Acceptance as its Commitment, as any such amount may be increased or decreased from time to time pursuant to this Agreement.
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Examples of Casualty Insurance Policy in a sentence

  • This Act may be cited as the Property and Casualty Insurance Policy Simplification Act.

  • Often a normal distribution is used when a distribution is unknown.

  • The MDA has established a Failure Review Board to determine the root cause of this failure.• A Failure Review Board concluded that the failure to intercept in FTI-01 was caused by a faulty memory chip in the SM-3 Block IA guided missile’s Inertial Measurement Unit (IMU).

  • Lastly, power analysis was used to determine the minimum number of samples required to observe significant change expected to occur if sequestration is occurring at the current estimated rate.

  • SeePl.’s Facts Ex. 5 [#26-5] (Atlantic Casualty Insurance Policy).

  • Casualty insurance covering the premises (the "Premises Casualty Insurance Policy"), with code upgrade endorsements, with coverage in an amount equal to at least one hundred percent (100%) of the full replacement cost (adjusted annually to reflect the then, current replacement cost) of the premises and all ancillary structures and appurtenances, including the foundation and excavating costs, and the full cost of removal of debris after the occurrence of a casualty.

  • On the consent agenda is a motion to approve the Auto, General Liability, and Property and Casualty Insurance Policy for the 2020-2021 school year.

  • Specimen Casualty Insurance Policy for Mitigation Banks for Fort Worth District 2012.14.

  • All homeowner’s are required to maintain a Fire and Casualty Insurance Policy for the full replacement value of their home and to name The Woods Edge Homeowner’s Association as an additional insured.

  • To approve the Auto, General Liability, and Property and Casualty Insurance Policy form Ohio School Plan in the amount of $33,891.00 for the fiscal year beginning July 1, 2021 and ending June 30, 2022.


More Definitions of Casualty Insurance Policy

Casualty Insurance Policy means any insurance policy maintained by any Group Company covering losses with respect to Casualties. "CASUALTY PROCEEDS" means, subject to SECTION 2.10(c)(ii)(A) and (B), the amount by which the aggregate amount of Net Cash Proceeds received by the Parent Borrower or any of its Subsidiaries from a Casualty Event exceeds US$5,000,000. Following any Casualty/Condemnation Event Offer with respect to any Casualty, the amount of Casualty Proceeds shall be reset to zero.
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Casualty Insurance Policy means the casualty insurance policy in the amount of $151,000,000 issued by USF&G to insure the Project with respect to certain casualty events and rental interruption events described therein and naming the Trustee as insured thereunder, and any replacement policy delivered to the Trustee pursuant to Section 4.11.
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Related to Casualty Insurance Policy

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Insurance and Condemnation Proceeds shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.