Examples of Insurance Fund in a sentence
Any rebates of payments shall accrue to the Health and Welfare Self- Insurance Fund.
All policies shall be from admitted insurers with an A.M. Best rating of at least A-, VII, or better, except that for workers’ compensation coverage, the California State Compensation Insurance Fund (State Fund) is acceptable.
StadCo will pay to the Insurance Fund Custodian, for disbursement in accordance with Section 12.3(b) (Termination/Application of Insurance Proceeds if Agreement Terminated), the amount of the then existing unsatisfied deductible under the property insurance policy described in Section 5.1(e) (Insurance).
The funds in the Insurance Fund shall be invested only in Permitted Investments as directed by StadCo and all earnings and interest thereon shall accrue to the Insurance Fund and shall be available as part of the Insurance Fund.
Neither the Authority nor StadCo shall create, incur, assume or permit to exist any Lien on the Insurance Fund or any proceeds thereof.