Subject of Insurance Sample Clauses

Subject of Insurance property determined by article 1.1., being in an ownership/lawful possession of the Insured and listed in the relevant insurance policy/application; Besides, Subject of Insurance under this Agreement shall not be as follows (i.e. not covered by the insurance):
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Subject of Insurance a particular vehicle specified in the Insurance Policy issued according to the application filled in by the Insured for the insurance risks set forth in Clause 1.1.1 herein; civil liability for the insurance risks set forth in Clause 1.1.2.; authorized driver’s and his/her passengers life and health for the insurance risks set forth in Clause 1.1.3.; Totals loss (destruction) of Vehicle – a vehicle is damaged by 75% or more, i.e. the vehicle is deemed destructed (completely damaged), if the replacement cost of the vehicle is 75% or more its market value or 75% or more of vehicle is damaged; Vehicle market value – amount required to purchase a vehicle of model, brand and other parameters similar to the insured vehicle on domestic market; Earned insurance premiumamount of premium by particular date within the insurance period which is proportional to the period of time elapsed since the beginning of the insurance period till such date; Unearned insurance premium – amount of premium by particular date within the insurance period which is proportional to the period of time left until the expiration of insurance period. The terms other than given above used in the present Wording shall have their common meanings. In addition, if the definition of the terms used in the Wording is obscure, among the various interpretations the preference shall be given to the legal definition, in case such definition is provided for under the existing legislation of Georgia.
Subject of Insurance the cargos of the Insured, the detailed denomination, specification and the quantity of which shall be indicated in the Insured’s application and in the appropriate insurance policy.
Subject of Insurance. The insurance under the present Insurance Contract shall apply to all items of items of artistic, historical value or collector's interest owned by the Czech Republic and managed by the National Gallery in Prague pursuant to Act No. 219/2000 Coll., on the Property of the Czech Republic and its Position in Legal Relations, as amended, and special legislation (hereinafter referred to as the "Insured Items"or "Art Objects"). Pojistná událost
Subject of Insurance. 1. The subject of insurance is the tort third party liability (the civil and legal liability resulting from a tort) of the Insured in private life for personal and material damage caused during travelling to third parties, to the redressing of which the Insured is obliged pursuant to the provisions of the country where he/she stays.
Subject of Insurance. 1. The subject of insurance is the travel luggage belonging to the Insured if it is under a direct care of the Insured or if:
Subject of Insurance. This Form insures:
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Related to Subject of Insurance

  • Effect of Insurance Acceptance of the insurance required by this Agreement shall not relieve CONTRACTOR from liability under this provision. This provision shall apply to all claims for damages related to CONTRACTOR’s performance hereunder, regardless of whether any insurance is applicable or not. The insurance policy limits set forth herein shall not act as a limitation upon the amount of indemnification or defense to be provided hereunder.

  • Cost of Insurance The cost of all insurance required herein to be secured and maintained by Engineer shall be borne solely by Engineer, with certificates of insurance evidencing such minimum coverage in force to be filed with County. Such Certificates of Insurance are evidenced as Exhibit F herein entitled “Certificates of Insurance.”

  • Assignment of Insurance As additional security for the payment and performance of the Obligations, the Borrower hereby assigns to the Lender any and all monies (including, without limitation, proceeds of insurance and refunds of unearned premiums) due or to become due under, and all other rights of the Borrower with respect to, any and all policies of insurance now or at any time hereafter covering the Collateral or any evidence thereof or any business records or valuable papers pertaining thereto, and the Borrower hereby directs the issuer of any such policy to pay all such monies directly to the Lender. At any time, whether or not a Default Period then exists, the Lender may (but need not), in the Lender's name or in the Borrower's name, execute and deliver proof of claim, receive all such monies, endorse checks and other instruments representing payment of such monies, and adjust, litigate, compromise or release any claim against the issuer of any such policy.

  • Requirements of Insurance All such insurance shall (i) provide that no cancellation, material reduction in amount or material change in coverage thereof shall be effective until at least 10 days (or, to the extent reasonably available, 30 days) after receipt by the Collateral Agent of written notice thereof (the Borrower shall deliver a copy of the policy (and to the extent any such policy is cancelled or renewed, a renewal or replacement policy) or other evidence thereof to the Administrative Agent and the Collateral Agent, or insurance certificate with respect thereto) and (ii) name the Collateral Agent as loss payee (in the case of property insurance) or additional insured on behalf of the Secured Parties (in the case of liability insurance) (it being understood that, absent an Event of Default, any proceeds of any such property insurance shall be delivered by the insurer(s) to the Borrower or one of its Subsidiaries and applied in accordance with this Agreement), as applicable.

  • Evidence of Insurance Receipt by the Administrative Agent of copies of insurance policies or certificates of insurance of the Loan Parties evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including, but not limited to, naming the Administrative Agent as additional insured (in the case of liability insurance) or loss payee (in the case of hazard insurance) on behalf of the Lenders.

  • Policies of Insurance At City’s request, the Artist shall provide City with the actual policies providing the coverage required above.

  • Form of insurance The form of the insurance shall be approved by the Director and the City Attorney; such approval (or lack thereof) shall never (a) excuse non-compliance with the terms of this Section, or (b) waive or estop the City from asserting its rights to terminate this Contract. The policy issuer shall (1) have a Certificate of Authority to transact insurance business in Texas, or (2) be an eligible non-admitted insurer in the State of Texas and have a Best's rating of at least B+, and a Best's Financial Size Category of Class VI or better, according to the most current Best's Key Rating Guide.

  • Maintenance of Insurance Policies The Servicer shall, in accordance with its customary practices, policies and procedures, require that each Obligor shall have obtained physical damage insurance covering the Financed Vehicle as of the execution of the related Receivable. The Servicer shall, in accordance with its customary practices, policies and procedures, track such physical damage insurance with respect to each Receivable.

  • Review of insurance requirements The Security Trustee shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners or the Ships and their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

  • Proof of Insurance Insurance Certificate:

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