Insurance definition

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.

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Insurance means comprehensive insurance of the vehicle(s) and shall include insurance of the crew and passenger(s).

Insurance means all insurance policies covering any or all of the Collateral (regardless of whether the Administrative Agent is the loss payee thereof).

Examples of Insurance in a sentence

• With respect to each other Purchased Asset, the related special-form all-risk insurance policy and business interruption policy (issued by an insurer meeting the Insurance Rating Requirements) does not specifically exclude Acts of Terrorism, as defined in TRIA, from coverage, or if such coverage is excluded, it is covered by a separate terrorism insurance policy.

• The Seller has not taken any action to convey any right to any Person that would result in such Person having a right to payments received under the related Insurance Policies or the related Dealer Agreements or Dealer Assignments or to payments due under such Receivables.

• The minimum coverage under any such Required Insurance Policy shall be at least equal to the amount required by the applicable Government Agency.

• No provision of this Section requiring such Required Insurance Policy shall diminish or relieve the Seller from its duties and obligations as set forth in this Agreement.

• Any such Required Insurance Policy shall protect and insure the Seller against losses, including forgery, theft, embezzlement, fraud, errors and omissions and negligent acts of such Seller Employees.

More Definitions of Insurance

Insurance means Property Insurance, liability insurance and all other insurance that Lender requires Borrower to maintain pursuant to this Loan Agreement.

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

Insurance means primary insurance, excess insurance, reinsurance, surplus lines insurance, and any other arrangement for shifting and distributing risk which is determined to be insurance under the laws of this state.

Insurance means an undertaking or commitment whereby one or more natural or legal persons is or are obliged, in return for a payment, to provide one or more other persons, in the event of materialisation of a risk, with an indemnity or a benefit as determined by the undertaking or commitment;

Insurance means the insurances which the Contractor is required to obtain under Clause 43 and the Contract Specifics.

Insurance means life insurance, disability insurance,

Insurance means the professional indemnity insurance or coverage required by each Firm pursuant to the Regulations;