Insurance Payout definition

Insurance Payout means any payment made by the SEADRIF Insurance Company to a Beneficiary Country from the proceeds of the Capitalization Funds, pursuant to an Insurance Contract and “Insurance Payouts” means the plural thereof.
Insurance Payout means the Insurance Payout as defined in the Loan Satisfaction Agreement.
Insurance Payout. <…> means an amount of money or any other agreed form of payout payable by the insurer or the Bureau of Insurers of Motor vehicles of the Republic of Lithuania

Examples of Insurance Payout in a sentence

  • Insurance Payout for Damaged Dump/Plow Truck Resolution No. 147-20 Moved by Councillor HolmesSeconded by Councillor FergusonTHAT Council defer the Insurance Payout for Damaged Dump/Plow Truck report until May 5, 2020.

  • Subscribers participating in the Bundle Incentive Promotion are not eligible to participate in the following promotions: Welcoming Rewards Promotion, Additional Line Promotion, Encore Bonus Promotion, CCB Enhanced Answers Bundle Promotion, Unlimited Upgrade Promotion, or the Business Unlimited MRC Waiver Promotion.

  • That fatwā opened the equity capital markets to Shari’ah- compliant investors despite the lack of purity in compliance; it also had profound effects on private equity investment as scholars began to develop rules for direct equity investment in entities that were not purely Shari’ah compliant.4Shari’ah-compliant access to the “debt” capital markets was a more difficult accomplishment, not occuring until between 2001 and 2003.

  • Insurance Payout for Damaged Dump/Plow TruckPages 31-35 Recommendation:That Council receive the Insurance Payout for Damaged Dump/Plow Truck report as information, as prepared by the A/Director of Roads & Public Works on May 5, 2020 as information; And that Council direct staff to pursue one of the following Options, or a combination of the following Options, regarding the insurance claim for Truck #23 in the Roads & Public Works department fleet.

  • The Financial Assistance Method is more cost-effective and causes less confusion compared to the Insurance Pay-out Method.

  • S Determining Eligibility for a Crop Insurance Payout Ruby and Ryan had a flax crop out in the field.

  • Prior to making an Insurance Payout to a Beneficiary Country, (i) the Recipient shall have entered into an Insurance Contract with the Beneficiary Country, under terms and conditions acceptable to the Bank and as set forth in the SEADRIF Sub- trust A Operations Manual; and (ii) an Applicable Event shall have occurred.

  • The financing under this component is only for the purposes of enabling the PCRIC to: Invest and generate income for the Company to finance its operations; Make Insurance Payout rapidly and be partially reimbursed by the reinsurers; Provide the ability to retain and manage a portion of the risk while the rest is passed to the reinsurance markets.

  • Brugger, Cannabis Farmer Gets Over $1 Million Insurance Payout, SANTA BARBARA INDEP.

  • Sources include but are not limited to: FEMA, Hazard Insurance Payout, a community foundation, SBA, or other funders.


More Definitions of Insurance Payout

Insurance Payout means any payment made by the SEADRIF Insurance Company to a Beneficiary Country following an Applicable Event pursuant to an Insurance Contract.

Related to Insurance Payout

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • insurance period means a contribution period or an equivalent period;

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Insurance carrier means every insurance carrier duly

  • Insurance Account shall have the meaning set forth in Section 8.6 hereof.

  • Insurance score means a number or rating that is derived from an algorithm, computer application, model, or other process that is based in whole or in part on credit information for the purposes of predicting the future insurance loss exposure of a consumer.

  • 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.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Insurance Affordability Program means a program that is one of the following:

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;20

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.

  • Credit unemployment insurance means insurance:

  • Insurance Fund means the pest control insurance fund established pursuant to this compact.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Unemployment Insurance means the contribution required of Vendor, as an employer, in respect of, and measured by, the wages of its employees (or subcontractors) as required by any applicable federal, state or local unemployment insurance law or regulation.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Social Security Benefit means the Primary Insurance Amount to which a Participant becomes entitled at age sixty-five (65) under Social Security legislation in effect on the earliest of his Normal Retirement Date, early retirement date or Termination Date.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Medicare benefit means the Medicare benefit payable within the meaning of Part II of the Health Insurance Act 1973 with respect to a professional service.

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Disability Benefit means the benefit set forth in Article 8.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.