General Insurance Provisions definition

General Insurance Provisions. All lines: Any insurance carrier providing insurance coverage hereunder shall be admitted to the State of North Carolina and have an A M BEST rating of not less than A: VIII (A:8) unless such requirements are waived, in writing, by the University risk manager. If the University’s risk manager waives a requirement for a particular insurer such waiver is only valid for that specific insurer and only for one policy term. The Contractor must declare its insurance self-insured retention for each coverage required herein. If any such self-insured retention exceed $500,000 per occurrence each such retention shall have the prior written consent of the University’s risk manager before the commencement of operations under this Agreement. Upon notification of self-insured retention unacceptable to the University, and at the election of the University’s risk manager, Contractor’s carriers shall either; 1) reduce or eliminate such self-insured retention as respects this Agreement with the University, or 2) procure a bond which guarantees payment of losses and related investigations, claims administration, and defense costs and expenses.
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General Insurance Provisions. Concessionaire's insurance shall be primary and noncontributory with respect to any other insurance available to or for the benefit of the Board. Concessionaire's insurance policies shall contain a severability of interest clause. Any other insurance or self-insured retention of the Board shall be considered excess insurance only. All policies required hereunder must be satisfactory to the Board including the quality of the insurer, deductible, or retentions. By requiring insurance herein, the Board does not represent that coverage and limits will necessarily be adequate to protect Concessionaire, and such coverage limits shall not be deemed as a limitation on Concessionaire’s liability under the indemnities granted to the Board under this Agreement. Failure of the Board to demand such certificates or other evidence of full compliance with these insurance requirements or failure of the Board to identify a deficiency from evidence that is provided shall not be considered as a waiver of Concessionaire's obligation to maintain such insurance. The Board shall have the right, but not the obligation, of prohibiting Concessionaire from entering the Assigned Premises until such certificates or other evidence of insurance has been placed in complete compliance with these requirements and approved by the Board.
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General Insurance Provisions. The Company's insurance shall be primary and non-contributory with respect to any other insurance available to or for the benefit of the Board. The Company's insurance provisions shall contain a severability of interest clause. Any deductibles or retentions shall be noted on the Certificate(s) of Insurance evidencing such coverage.
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Examples of General Insurance Provisions in a sentence

  • General Insurance Provisions All policies required hereunder other than Workers Compensation, Professional Liability, and Builders Risk shall name the County of Delaware and its departments, county offices or agencies as applicable, and their officers, directors, agents, employees, and volunteers as additional insureds on a primary and noncontributory basis, for losses arising from the negligence of the Contractor or its subcontractors, or anyone for whom they may be liable.

  • General Insurance Provisions Provider shall be responsible for the payment of all deductibles or self-insured retentions applicable to its insurance coverages.

  • Accident/hospital/cancer insurance Section B – General Insurance Provisions All terms and conditions of insurance coverage provided, including, but not limited to, eligibility for coverage, coverage period, and dates of premium payments necessary for such coverage shall be determined by the insurance carrier (company).

  • Buy4Now was the first portal of its kind to take this approach in Europe.The business model, unlike other e-tailing operations, is not based solely on transaction revenues[3].

  • Landlord shall provide Tenant a schedule of current insurance premiums attributable to the Property.7(d) General Insurance Provisions.

  • To be sure, since 1927, when the Radio Act was passed establishing that radio stations had to offer equal opportunity to candidates presenting their viewpoints, TV and radio programming in the United States was regulated by the Federal Communications Commission (FCC) – in line with its normative framework, the Fairness Doctrine.

  • INSURANCE 63 9.1. Insurance Coverages 63 9.2. General Insurance Provisions 65 9.3. Costs and Expenses 67 9.4. Waiver of Subrogation 67 9.5. Indemnification of Landlord 68 9.6. Landlord Advance 69 10.

  • All subcontractors shall be required to comply with the General Insurance Provisions of Section 6 of this Agreement, and Contractor shall cause appropriate provisions to be inserted in all subcontracts related to this Agreement to bind subcontractors to said requirements.

  • No amendment to this Declaration shall make any change in the sections entitled "Insurance" and "General Insurance Provisions", or in the section entitled "Voting Requirements in the Event of Damage or Destruction" unless all the Owners of all of the Units and all the record owners of mortgages encumbering Units in the condominium shall join in the execution of the amendment.

  • This section should be read with reference to the “Guide to General Insurance Provisions in Buy-Sell Agreements”.

Related to General Insurance Provisions

  • general insurance business means any class of insurance business other than long-term insurance business;

  • Collateral Insurance shall have the meaning set forth in Section 4.4(a).

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Additional Insured is defined in Section D of Annex D to the Lease.

  • Additional Insureds has the meaning specified in Section 7.06(a) of the Indenture.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Insurance Ordinance means the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong).

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • Insurance Provider s Tender” means the completed Tendering Document submitted by the Insurance Provider to the Procuring Entity

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Property Insurance is defined in Section 6.10(a).

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • First party insurance means an insurance policy or contract in which the insurer

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Insurance Program or “program” shall mean a program which has been designated as a major program of PRISM under which participating members are protected against designated losses, either through joint purchase of primary or excess insurance, pooling of self-insured claims or losses, purchased insurance or any other combination as determined by the Board of Directors. The Board of Directors, the Executive Committee, or a program’s governing committee may determine applicable criteria for determining eligibility in any insurance program, as well as establishing program policies and procedures.

  • Hazard Insurance A fire and casualty extended coverage insurance policy insuring against loss or damage from fire and other perils covered within the scope of standard extended hazard coverage naming the Servicer, its successors and assigns, as a mortgagee under a standard mortgagee clause, together with all riders and endorsements thereto.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Health insurance carrier or "carrier" means any entity subject to the insurance

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Industrial insured means an insured:

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.

  • Dental Insurance The District shall contribute $175.00 annually toward the cost of dental insurance whether for single or family coverage for full status employees who qualify for and enroll in the plan. The cost of the premium not contributed by the District for family coverage shall be borne by the employee through payroll deduction. This coverage shall continue for the duration of this contract.