Insurance Record definition

Insurance Record. The record established and maintained by the Claims ---------------- Administrator (in a manner consistent with the Title I provisions set forth in 24 C.F.R. Section 201.32) setting forth the FHA insurance coverage and the Trust Designated Insurance Amount attributable to the FHA Loans hereunder. To the extent consistent with adjustments pursuant to Title I to the FHA Insurance Coverage Reserve Account, the Insurance Record shall be reduced by the amount of claims approved for payment by the FHA with respect to any FHA Loan or Related Series Loan after the date of transfer of the related FHA reserve account to the Contract of Insurance Holder.

Examples of Insurance Record in a sentence

  • Provisions herein regarding Confidentiality, Debarment, Audits, Monitoring and Inspection, Publication, Intellectual Property, Indemnity, Liability and Insurance, Record Retention, Assignment, and Governing Law shall survive upon expiration or termination of this Agreement.

  • Buyer and Seller acknowledge that each party has an obligation to act in good faith, including but not 727 limited to exercising the rights and obligations set forth in the provisions of Financing Conditions and Obligations (§ 5), Title 728 Insurance, Record Title and Off-Record Title (§ 8), Current Survey Review (§ 9) and Property Disclosure, Inspection, 729 Indemnity, Insurability, Due Diligence and Source of Water (§ 10).

  • Employees shall be given their Employment Insurance Record of Employment at time of discharge or layoff on the job or where possible, arrangements made whereby their cheque and Employment Insurance Record of Employment will be mailed to them not later than the following day.

  • Provisions herein regarding Confidentiality, Deregistration Audits, Monitoring and Inspection, Publication, Intellectual Property, Indemnity, Liability and Insurance, Record Retention, Assignment, and Governing Law shall survive upon expiration or termination of this Agreement.

  • If an Officer agrees to pay off as of December of each year, he shall receive from the Company all monies due him less his share of normal payroll deductions to cover the period for which he has been paid, and shall be given his Employment Insurance Record.

  • Buyer and Seller acknowledge that each party has an obligation to act in good faith including, but not 808 limited to, exercising the rights and obligations set forth in the provisions of Financing Conditions and Obligations; Title 809 Insurance, Record Title and Off-Record Title; New ILC, New Survey; and Property Disclosure, Inspection, Indemnity, 810 Insurability and Due Diligence.

  • Upon an employee’s death, their beneficiary, as shown in the Group Life Insurance Record, will be entitled to pro-rate vacation pay based on the appropriate percentage for the employee’s length of service for all regular straight-time earnings from the beginning of the vacation period until their death.

  • Buyer and Seller acknowledge that each party has an obligation to act in good faith including, but not 701 limited to, exercising the rights and obligations set forth in the provisions of Financing Conditions and Obligations (§ 5), Title 702 Insurance, Record Title and Off-Record Title (§ 8), Current Survey Review (§ 9) and Property Disclosure, Inspection, 703 Indemnity, Insurability, Due Diligence, Buyer Disclosure and Source of Water (§ 10).

  • In the event of death, the beneficiary as shown on the Group Insurance Record shall be paid the monies owing.

  • In addition, the Master Servicer shall establish and maintain records for the Insurance Record (which shall be part of each Servicing Record) in which the Master Servicer shall record all claims made under the Contract of Insurance, all payments received by or on behalf of the Contract of Insurance Holder from the FHA for each such claim and the amount of insurance coverage available in the Insurance Record.