Restricted Certificate Sample Clauses
A Restricted Certificate clause defines the limitations and specific conditions under which a certificate—such as a license, permit, or qualification—is granted. Typically, this clause outlines the scope of activities, geographic areas, or time periods for which the certificate is valid, and may specify any restrictions on its use or transfer. For example, a professional license might only be valid in certain jurisdictions or for particular types of work. The core function of this clause is to ensure that the certificate holder operates within clearly defined boundaries, thereby managing risk and maintaining regulatory compliance.
Restricted Certificate. Any Class 1-P, Class 2-P, Class 1-X, Class 2-X, Class LT-R-1, Class LT-R-2. Class R-1 or Class R-2 Certificate.
Restricted Certificate. The Class 1-B-4, Class 1-B-5, Class 1-B-6, Class 2-B-4, Class 2-B-5, Class 2-B-6, Class 3-B-4, Class 3-B-5 and Class 3-B-6 Certificates.
Restricted Certificate. Any Class A-IO, Class B-4, Class B-5, Class R or Class LT-R Certificate.
Restricted Certificate. Any Class B4, Class B5 or Class B6 Certificate and any Restricted Global Security.
Restricted Certificate. The Class I-CE, Class I-R, Class II-B-4, Class II-B-5 and Class II-B-6 Certificates and Certificates of any Class that no longer satisfy the applicable rating requirements of the Underwriters’ Exemption as specified in the Preliminary Statement.