Insurance Report definition

Insurance Report means an insurance report in respect of the Insurances confirming that such Insurances are placed with such insurers, insurance companies and/or clubs in such amounts, against such risks and in such form as acceptable to the Agent (acting on the instructions from the Finance Parties) and comply with the requirements under Clause 26.3 (Insurance) and the GIEK Guarantee prepared by Bank Assure Insurance Services Inc., or such other reputable insurance advisor approved by the Agent, and dated on or about the date of this Agreement and addressed to, and capable of being relied upon by, the Finance Parties.

Insurance Report means a letter from the Insurance Consultant which confirms that the insurance coverages for both the construction and operation periods of the Facility comply with the insurance described in Annex 2.

Insurance Report means the Insurance Due Diligence Summary prepared by Xxxxx- XxXxxxx, LLC, to be dated on or before the Initial Funding Date.

Examples of Insurance Report in a sentence

• Each insurance carrier must be rated at least “A-” Class “VII” in the most recently published Best’s Insurance Report.

• All Bidders Bonds and Performance Bonds must meet the following criteria: The Bond submitted must be from a surety company authorized to do business in Louisiana and with a rating of “A” or better in the most current edition of the A.M. Best Insurance Report.

• If, during the term of a policy, a carrier’s rating falls below “A-” Class “VII”, the insurance must be replaced no later than the renewal date of the policy with an insurer licensed or authorized by the New York State Department of Financial Services to issue insurance in the State of New York and which is rated at least “A-” Class “VII” or better in the most recently published Best’s Insurance Report.

• Such approval shall not be unreasonably withheld.The Contractor shall require that any subcontractors hired, carry insurance with the same limits and provisions provided herein.Each insurance carrier must be rated at least “A-” Class “VII” in the most recently published Best’s Insurance Report.

• In addition, each surety company shall be admitted and licensed to do business in the State of Michigan by the Michigan Department of Labor and Economic Growth Office of Finance and Insurance and have a minimum A.M. Best Company's Insurance Report Rating of A or A- (Excellent).

More Definitions of Insurance Report

Insurance Report means an insurance report in form satisfactory to the Agent in respect of the Insurances confirming that such Insurances are placed with such insurers, insurance companies and/or clubs in such amounts, against such risks and in such requirements under Clause 24.3 (Insurance) prepared by AoN UK Ltd., or such other reputable insurance advisor approved by the Agent and the Borrowers.

Insurance Report has the meaning given to it in the Common Terms Agreement.

Insurance Report means the report referred to in paragraph (c) of the definition of “Report”.

Insurance Report means the report in the agreed form on the insurance of the Group prepared by Xxxxx Ltd;

Insurance Report means an insurance opinion in the agreed form prepared by BankServe Insurance Services Ltd and dated on or before the Closing Date and addressed to, and/or capable of being relied upon by, the Arranger and the other Secured Parties.

Insurance Report means in relation to the Properties, a report substantially in the form of the Original Insurance Report carried at the cost and expense of the Borrower, specifying the maximum foreseeable loss and estimated maximum loss for the Properties, carried out by an Approved Insurance Consultant such report to be addressed to the Agent.

Insurance Report means in relation to the Properties, a report substantially in the form of the Original Insurance Report carried at the cost and expense of the Borrower, specifying the maximum foreseeable loss and estimated maximum loss for the Properties, carried out by an Approved Insurance Consultant, such report to be addressed to the Agent.