INSURANCE CONTRACT. Sums insured and insurance conditions may be changed in the pay settlement period if the insurance contract is amended. In the event of inconsistency between group life insurance regulations and the insurance contract, the insurance contract applies. A copy of the insurance contract in force from time to time can be obtained from the FA and the Financial Services Union.
INSURANCE CONTRACT. (h) Contract continuing for a period of more than six months from the Closing Date.
INSURANCE CONTRACT. The Company shall pay on behalf of an Insured all Loss which such Insured becomes legally obligated to pay on account of any Claim first made against such Insured during the Policy Period or, if exercised, during the Extended Reporting Period, for:
INSURANCE CONTRACT. The entire contract includes Your application for insurance, this Policy, any document attached to this Policy when issued, and any amendment to the contract sent to You in writing after the Policy is issued. No person has authority to change the contract or waive any of its provisions other than by, in the case of the Insurer, a change or waiver clearly expressed in writing by the Insurer.
INSURANCE CONTRACT. This Card abuse Insurance Policy for Corporate Clients and their terms and conditions. Insured Event The incident leading to a Loss covered by the Insurance Contract. Issuer
INSURANCE CONTRACT. An insurance contract means a contract between the insurer Compensa Vienna Insurance Group, ADB Estonian branch (hereinafter Seesam) and the policyholder which is reproducible in written form on the basis of which the policyholder undertakes to pay insurance premiums on time and Seesam undertakes, upon an insured event, to compensate for loss in accordance with the insurance contract.
INSURANCE CONTRACT. It is expressly stipulated and made a condition of this policy that this Company shall not be liable for a greater proportion of any Loss or damage to the property described therein than the amount insured hereunder bears to 100% of the Replacement Cost of said property at the time such Loss or damage shall happen, not for more than the proportion which the amount insured hereunder bears to the total insurance thereon. Therefore the amount of coverage should represent the value of insurable goods. WHAT THIS AGREEMENT COVERS: We will cover Losses occurring during the policy period, to personal property which you own or have leased, including items entrusted to you, except as excluded in the coverage limitations. COVERAGE LIMITATIONS:
INSURANCE CONTRACT refers to the insurance contract and the insurance policy (property insurance) together with any of its valid change or supplementary agreement, signed between the borrower and the PICC Property and Casualty Company Limited (hereinafter referred to as PICC P&C) on pledge gold, with the lender as the only beneficiary. The term of the insurance contract (including renewed term) shall cover the whole pledge term.
INSURANCE CONTRACT. 4 1.7 Insurer.............................................................................. 4 1.8 Plan................................................................................. 4 1.9
INSURANCE CONTRACT. ① The Assignor shall enter into an insurance contract relating to the Assigned Property with such type and amount as specified by the Creditor to the extent necessary to preserve the Secured Obligations against the Assigned Property, and designate the Creditor as a beneficiary. The Assignor shall grant a pledge over its rights under the insurance contract to the Creditor, deliver the certificate of insurance to the Creditor, and maintain such insurance so long as there are any outstanding Secured Obligations under this Agreement. ② If the Assignor enters into any additional insurance contract relating to the Assigned Property other than that specified in the preceding paragraph ①, the Assignor shall promptly notify the Creditor of such additional insurance contract, and if requested by the Creditor for the purpose of preserving the Secured Obligations shall follow the procedures set forth in the preceding paragraph ① with respect to such additional insurance contract. ③ If the Creditor purchases or maintains an insurance policy or makes any payments of insurance premiums instead of the Assignor to preserve the Secured Obligations as a result of the Assignor’s breach of its obligations under paragraph ① or ② above, the Debtor and the Assignor shall jointly and severally be liable for prompt repayment of such insurance premiums and other costs to the Creditor in accordance with Article 4 of the General Terms and Conditions for Credit Transactions(Corporate). ④ Upon receipt of insurance proceeds of the insurance contracts specified in the preceding paragraphs ① through ③, unless there is any reason not to such as provision of other collateral, the Creditor may apply the insurance proceeds to repayment of the Secured Obligations in accordance with Article 12 of the General Terms and Conditions for Credit Transactions(Corporate), even before the maturity of the Secured Obligations.
