Commercial risk definition

Commercial risk means any kind of risk which is not a personal risk.
Commercial risk means any kind of risk which is not a personal risk, as defined in subsection (h) of this Section.
Commercial risk means any kind of risk that is not a

Examples of Commercial risk in a sentence

  • Commercial risk is the risk of insolvency or protracted default of the private debtor.

  • Commercial risk is the risk of insolvency or protracter default of the private debtor.

  • Product „D“ Buyer Credit Insurance 95% for Commercial risk 95% for Political risk Percentage of cover is the same for political and commercial risk.

  • In the event that the Item for repair is subject to emergent component obsolescence which creates unacceptable Commercial risk to the Contractor then all work on this item is to cease and the Authority is to be advised of the problem within 5 working days of the cessation of work.

  • Product „V“ Insurance against the Risk of Losses from Inability of Exporter to Meet Obligations Resulting from an Export Contract (Pre-Shipment Production Insurance) 85% for Commercial risk 85% for Political risk Percentage of cover is the same for political and commercial risk.

  • In the event that the article for repair is subject to emergent component obsolescence which creates unacceptable Commercial risk to the Contractor then all work on this article is to cease and the Authority is to be advised of the problem within 5 working days of the cessation of work.

  • However, FAO will look slightly different as there will be popups and/or an FAO banner that will let you know when a Louisiana or Mississippi Commercial risk is being placed in the Surplus Lines product.


More Definitions of Commercial risk

Commercial risk means a risk which results in financial loss and/or time loss for either of the Parties, where insurance is not generally or commercially available.
Commercial risk means any kind of risk which is not a personal risk. "Developed losses" means losses including loss adjustment expenses, adjusted,

Related to Commercial risk

  • Commercial Rights means any and all rights of a commercial nature connected with the Event including, without limitation, broadcasting rights, sponsorship rights, merchandising and licensing rights, ticketing rights, promotional rights, catering and hospitality rights, New Media rights and interactive games rights;

  • operational risk means the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events, and includes legal risk;