Loss Payee Sample Clauses

Loss Payee. The Board of Regents of the Nevada System of Higher Education on behalf of the University of Nevada, Las Vegas shall be named as loss payee as respects their interest in any property that the contractor has an obligation to insure on behalf of the Board of Regents of the Nevada System of Higher Education on behalf of the University of Nevada, Las Vegas.
Loss Payee. The following entity is named as loss payee under this Policy: Chase Vehicle Exchange, Inc., X.X. Xxx 0000, Xxx Xxxx Xxxx, Xxx Xxxx, 00000.
Loss Payee. Any loss covered under Client’s Builder’s Risk insurance shall be adjusted with Client and Contractor and made payable to both of them as trustees for the insureds as their interests may appear, subject to any applicable Financing clause. All insurance proceeds received as a result of any loss will be placed in a separate account and distributed in accordance with such agreement as the interested parties may reach. Any disagreement concerning the distribution of any proceeds will be resolved in accordance with Article 20.
Loss Payee. Provided no Default or Even t of Default has occurred and is continuing, the loss, if any, under any policy pertaining to loss by reason of damage to or destruction or condemnation of any portion of the Granted Property shall be adjusted with the insurance companies by the Grantor, subject to the approval of the Indenture Trustees if the loss exceeds 4100,000. The loss so adjusted shall be paid to the Indenture Trustees pursuant to said loss payable clause unless said loss is $100,000 or less in which case said loss shall be paid directly to the Grantor, provided no Default or Event of Default has occurred and is continuing, in which event any such loss shall be paid to the Indenture Trustees.
Loss Payee. All policies of insurance under this Section shall provide, so long as this Agreement is in effect and the Collateral has not been discharged, that payment of all losses shall be made payable to the Administrator for distribution by him to himself, the Shipowner and (in the case of the insurance required by Subsection (a) of this Section) the Shipyard, except that (1) as provided in Subsection (e) of this Section and (2) under the policies required by Subsection (b) of this Section, payment of all losses up to the Maximum Payment Amount of Losses Directly to Shipowner by all insurance underwriters with respect to any one accident, occurrence or event may be made directly to the Shipowner unless there is an existing Default, or if the Administrator shall have assumed the Shipowner’s rights and duties under the Note Purchase Agreement and the Note and made any payments in default under Chapter 537, in which event payment of all losses shall be made payable to the Administrator as aforesaid. Any such insurance recoveries to which the Administrator shall be so entitled shall be applied as follows:
Loss Payee. The Company must cause the Royalty Holder to be named a loss payee (as its interests may appear) on all insurance policies of the Company and its Affiliates covering loss of or damage to the Product.
Loss Payee. UBS AG, Stamford Branch, As Collateral Agent under each of the First and Second Lien Credit Agreements 600 Xxxxxxxxxx Xxxx. Xxxxxxxx, XX 00000 All other terms and conditions remain unchanged. President Energy Industries Property Insurance Loss Payee October 24, 2006 Insurance Coverage Summaries Blue Pearl Mining Ltd. MARSH Marsh & McLennan Companies Insurance Coverage Summaries Blue Pearl Mining Ltd. Contents
Loss Payee. If the loss payee is named on the Declarations Page, we will pay any claim to the loss payee and you as interests appear.