, Coverage B definition
, Coverage B. Demolition Cost" and Coverage C: "Increased Cost of Construction" coverages; and (v) may be in the form of a blanket policy provided that, in the event that any such coverage is provided in the form of a blanket policy, Grantor hereby acknowledges and agrees that failure to pay any portion of the premium therefor which is not allocable to the Property or by any other action not relating to the Property which would otherwise permit the issuer thereof to cancel the coverage thereof, would require the Property to be insured by a separate, single-property policy. The blanket policy must properly identify and fully protect the Property as if a separate policy were issued for 100% of Replacement Cost at the time of loss and otherwise meet all of Grantee's applicable insurance requirements set forth in this Section 1.
, Coverage B. Demolition Cost" and Coverage C: "Increased Cost of Construction" coverages. Certificates of insurance with respect to all renewal and replacement Policies shall be delivered to Lender not less than thirty (30) days prior to the expiration date of any of the Policies required to be maintained hereunder which certificates shall bear notations evidencing payment of applicable premiums (the "Insurance Premiums"). Originals or certificates of such replacement Policies shall be delivered to Lender promptly after Borrower's receipt thereof but in any case within thirty (30) days after the effective date thereof. If Borrower fails to maintain and deliver to Lender copies of the Policies or certificates of insurance required by this Security Instrument, upon ten (10) days' prior notice to Borrower, Lender may procure such insurance at Borrower's sole cost and expense.
, Coverage B. Demolition Cost" and Coverage C: "Increased Cost of Construction" coverages.
Examples of , Coverage B in a sentence
This Section includes: Dwelling - Coverage A, Other Structures - Coverage B, Personal Property - Coverage C, Exclusions, Special Limits on Certain Property, Additional Living Expenses and Loss of Rents - Coverage D, Additional Coverages, Deductible, and Property Conditions.
Before the property is repaired or replaced, under Dwelling - Coverage A or Other Structures - Coverage B, you may make a claim for loss on an actual cash value basis, not to exceed the applicable limit of liability shown on the Declarations page.
If the replacement cost of the entire loss under Dwelling - Coverage A or Other Structures - Coverage B is more than $1,000 or 5% of the applicable limit of liability shown on the Declarations page, we will pay no more than the actual cash value of the loss, not to exceed the applicable limit of liability shown on the Declarations page, until the repair or replacement is completed.
VI shall maintain Employers' Liability Insurance - Coverage B, as required by law.
AIC shall maintain an Employers' Liability Insurance - Coverage B, as required by law.
More Definitions of , Coverage B
, Coverage B. Demolition Cost" and Coverage C: "Increased Cost of Construction" coverages. Notwithstanding the foregoing, terrorism insurance coverage shall not be required if it is not available at commercially reasonable rates (as determined by Landlord and Lender in their sole discretion); provided however, if a rating agency in connection with a securitization of a Loan or in connection with its rating surveillance of the certificates issued pursuant to a securitization of a Loan would not provide or maintain a rating for any portion of such Loan or such certificates which would otherwise be available but for the failure to maintain such terrorism insurance, Tenant will so maintain such terrorism insurance if obtainable from any insurer or any governmental authority with the deductibles set forth above.
, Coverage B. Demolition Cost" and Coverage C: "Increased Cost of Construction" coverages. The delivery to Lender of the insurance policies (if required by Lender) or the certificates of insurance as provided above shall constitute an assignment of all proceeds payable under such insurance policies relating to such Properties by Borrower to Lender as further security for the Loan and to be applied or disbursed as provided in the Mortgages. In the event of foreclosure of the applicable Mortgage, or other transfer of title to the subject Property in extinguishment in whole or in part of the Loan, all right, title and interest of Borrower in and to all proceeds payable under such policies then in force concerning the subject Property shall thereupon vest in the purchaser at such foreclosure, or in Lender or other transferee in the event of such other transfer of title. Approval of any insurance by Lender shall not be a representation of the solvency of any insurer or the sufficiency of any amount of insurance. In the event Borrower fails to provide, maintain, keep in force or deliver and furnish to Lender the policies of insurance required by this Article IV or evidence of their renewal as required herein, Lender may, but shall not be obligated to, procure such insurance and Borrower shall pay all amounts advanced by Lender therefor, together with interest thereon at the Default Interest Rate from and after the date advanced by Lender until actually repaid by Borrower, promptly upon demand by Lender. Any amounts so advanced by Lender, together with interest thereon, shall be secured by the Mortgages and by all of the other Loan Documents securing all or any part of the Loan. Lender shall not be responsible for nor incur any liability for the insolvency of the insurer or other failure of the insurer to perform, even though Lender has caused the insurance to be placed with the insurer after failure of Borrower to furnish such insurance. If Borrower shall obtain insurance for the Properties in addition to that required by Lender, Borrower agrees that it shall name Lender as an additional insured on such additional insurance and shall provide Lender with complete copies of all policies evidencing such insurance.
, Coverage B shall refer to the coverage provided under Section 2.1(b) of the LPT Reinsurance Agreement.
, Coverage B. Directors' & Officers' Liability (Claims Made and Reported) Limits of Liability: $3,000,000 Each Claim $3,000,000 Aggregate Deductibles: $0 Each Claim - Each Director or Officer $0 Each Claim - All Directors and Officers $100,000 Corporate Reimbursement Insurer's Participation 100% Notable Endorsements and Other Provisions: o Prior Acts Exclusion May 19, 1992 for Front Royal Environmental Services, Colony Insurance Company, ▇▇▇▇▇▇▇▇ Insurance Company and resulting from Cardinal Insurance Company o Prior Acts Exclusion January 18, 1993 for Front Royal Environmental Insurance Management, Front Royal Environmental Services, Triangle Engineering and Front Royal Insurance Company o Pending and Prior Litigation Exclusion November 1, 1993 for Colony Management Services, Colony Insurance Company, ▇▇▇▇▇▇▇▇ Insurance Company and resulting from Cardinal Insurance Company o Amendment of "professional services" definition to include insurance agents and brokerage operations o Insurance Agents and Brokers Insolvency Exclusion o Pending and Prior Litigation Exclusion - May 19, 1992 o Insured Entities Front Royal, Inc. ▇▇▇▇▇▇▇▇ Insurance Company Colony Management Services, Inc. Front Royal Environmental Insurance Management, Inc. Front Royal Environmental Services, Inc. Triangle Engineering, Inc. Front Royal Insurance Company Colony Insurance Company Front Royal Engineering Services, PC Front Royal Environmental Trust Services, Inc. Coverage C Fiduciary Liability (Claims Made and Reported) Limits of Liability: $1,000,000 Each Claim $1,000,000 Aggregate Deductible: $10,000 Each Claim Employee Benefit Plan: Front Royal, Inc. 401 (k) Profit Sharing Plan Sponsoring Employer: Front Royal, Inc. FRONT ROYAL, INC. Policy Type: Consultants Environmental Liability Policy (Claims Made) Insurer: American International Specialty Lines Insurance Company Policy Number: 8183745 Policy Term: January 23,1996 to January 1,1997 Premium: $55,226.94 (Includes $1,214.55 Surplus Lines Tax/ $32.39 Bureau Fee) Limits of Liability: $3,000,000 Each Claim $3,000,000 Aggregate Deductible: $50,000 Each Claim Covered Professional Services: Remedial investigations; Feasibility studies; Project management of site investigations and remedial activities; Real estate audits; Tank testing and maintenance; Environmental site assessments (Phase I and 11); Groundwater monitoring, sampling and analysis; Site characterization reports; Design of waste water and sewer systems; Design of potable water systems; Regula...
, Coverage B. $100,000 Bodily Injury by Accident (Each Accident) $500,000 Bodily Injury by Disease (Policy Limit) $100,000 Bodily Injury by Disease (Each Employee)
, Coverage B. EMPLOYEES ACCIDENTAL DEATH OR DISMEMBERMENT BENEFIT 12
, Coverage B means each cover for losses arising from Hurricane Events as in effect pursuant to an Endorsement to this Reinsurance Agreement.