Insurance Event definition

Insurance Event means any casualty or other insured damage to all or any part of any assets of the Borrower or any Restricted Subsidiary.

Insurance Event means any event that results in the Borrower or its Subsidiaries receiving Net Cash Proceeds of the type described in clause (b) of the definition of Net Cash Proceeds.

Insurance Event means as event upon the happening of which the liability under an insurance contract arises;

Examples of Insurance Event in a sentence

• Any claim where You have failed to notify Us of the Insurance Event within a reasonable time of it occurring and where this failure adversely affects Our ability to defend the claim or to limit Our liability.

• Any liability directly or indirectly arising through action not brought under the jurisdiction of the courts of the country in which the Insurance Event giving rise to the claim occurred unless otherwise agreed by Us.

• We will not pay for any losses that are not directly associated with the Insurance Event causing the claim, for example loss of earnings if You are unable to work or the cost of replacing locks if You lose keys.

• Where more than one Insured Person is involved in the same Insurance Event, the maximum We will pay in total is the individual sum insured shown in the Table of Benefits.

• IfYou purchase this Policy after the Insurance Event has occurred.

More Definitions of Insurance Event

Insurance Event means an occurrence that arises during the term of the insurance and which is covered by the insurance. You should contact Bliwa’s Healthcare Centre if you need advice and/or care as a consequence of an

Insurance Event means any damage or destruction of the Building by any of the Insured Risks which at the date of such damage or destruction is covered by any policy of insurance maintained by the Superior Landlord under the Superior Lease or the Landlord under this Lease.

Insurance Event means any loss or damage to the assets of the Borrower that gives rise to a claim and payment to the Borrower under any insurance policy maintained by the Borrower (excluding any claim under a business interruption insurance policy).

Insurance Event. , means the future event that evolves independently of the will of the Insured. Such event is the sudden death of the Insured within the insurance period or the survival of the later until the eventual temination of the insurance duration.

Insurance Event any damage or destruction of the Premises, or any accessway or access ways (or any part of them) to them or any essential services to them by any of the Insured Risks which at the date of such damage or destruction is covered by any policy of insurance maintained by the Tenant under this Lease or would be so covered but for any breach by the Tenant of the obligations under clause 5.1.

Insurance Event shall have the meaning specified in Section 2.03.

Insurance Event means an event the occurrence of which the Contractor has insured against in accordance with Clause 6;