Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent and the Hermes Agent and agreed on the signing hereof and as specified in paragraph 44 of Schedule 4;
Insurance Assignment each collateral assignment of insurance pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s rights under key-man life, business interruption or other insurance policies as Agent deems appropriate, as security for the Obligations.
Insurance Assignment each collateral assignment of insurance pursuant to which a Loan Party assigns to Agent such Loan Party’s rights under any insurance policies as Agent deems appropriate, as security for the Obligations.
Examples of Insurance Assignment in a sentence
Other considerations when settling claims under this Insurance Assignment We will not be bound to accept or be affected by any trust, charge, lien, assignment or other dealing with or relating to this Insurance.
By Signing below I agree to all statements in the Financial Policy, Insurance Assignment and Insurance Authorization and Release above.
Insurance Assignment $195.00 A third-party insurance policy (NOT purchased from Greenlawn) may be used as a pending form of payment.
Phone: (706) 639-9055 ∙ Fax: (706) 639-9057 Release of Medical Information and Insurance Assignment Form Patient Name: Date of Birth: TO MY PHYSICIAN AND INSURANCE CARRIER(S) FOR INSURANCE AND SELF-PAY PROCESSING OF CLAIMS:1.
Insurance Assignment (Fee of $995.00) requires verification, and surrender, of the policy and assignability.
More Definitions of Insurance Assignment
Insurance Assignment means, in relation to a Ship, an assignment of the Insurances of that Ship, in Agreed Form;
Insurance Assignment means, in relation to a Ship, a first priority assignment of the Insurances, in the form set out in Appendix F;
Insurance Assignment means the first priority assignment of insurance made or to be made by (a) the Subsidiary Guarantor in favor of the Collateral Agent in respect of the Mortgaged Vessel and (b) the Company in favor of the Collateral Agent in respect of the Mortgaged Vessel, in each case substantially in the form of Exhibit I or otherwise reasonably satisfactory to the Administrative Agent.
Insurance Assignment means collectively the Required Priority assignments of insurance in favor of the Noteholder Collateral Agent given by the Company and the applicable Guarantor and the applicable Internal Charterer, if any, respecting all insurance covering the Vessels or their respective operations, substantially in the form attached hereto as Exhibits D-1 or D-2, as the same may be amended, restated, supplemented or modified from time to time.
Insurance Assignment means collectively the first priority assignments of insurance in favor of the Collateral Agent given by any Loan Party, including the applicable Internal Charterer, if any, respecting all insurance covering the Vessels or their respective operations in substantially the form of Exhibit E-1 or Exhibit E-2, as applicable, or such other form approved by the Collateral Agent.
Insurance Assignment means (x) the assignment and transfer to the Settlement Trust of (a) the Insurance Actions, (b) the Insurance Action Recoveries,(c) the Insurance Settlement Agreements, and (d) all other rights, claims, benefits, or Causes of Action of the Debtors, Related Non-Debtor Entities, Local Councils, or Contributing Chartered Organizations under or with respect to the Abuse Insurance Policies (but not the policies themselves), and (y) the Participating Chartered Organization Insurance Assignment. The Insurance Assignment does not include (i) any rights, claims, benefits, or Causes of Action under or with respect to any Non-Abuse Insurance Policies, including D&O Liability Insurance Policies or (ii) any Local Council Reserved Rights.
Insurance Assignment means, collectively, the first-priority assignments of insurance in favor of the Collateral Agent given by any Borrower or Guarantor in respect of all insurance covering the Collateral Vessels or their respective operations, substantially in the form of Exhibit D hereto as the same may be amended, supplemented or modified from time to time (it being expected that, as of the Restatement Effective Date, the only Insurance Assignments will be those that are entered into with the owners of each of the Collateral Vessels as of such date).