Insurance Retention definition

Insurance Retention shall have the meaning ascribed to it in Section 6.04.C.

Insurance Retention means the insurance policy deductible; however, for any insurance obtained through the blanket insurance programs, "Insurance Retention" shall mean the Retirement Community's per occurrence limit for any loss or reserve as established for the Retirement Community, which limit shall be the same as is applied to other similar retirement communities participating in the blanket insurance programs, or such higher amount if mandated by the insurer for high hazard risks such as earthquake, flood and wind.

Insurance Retention means the Retirement Community's per occurrence limit for any loss or reserve as established for the Retirement Community, which limit shall be the same as is applied to other similar retirement communities participating in the blanket insurance programs, or such higher amount if mandated by the insurer for high hazard risks such as earthquake, flood and wind.

Examples of Insurance Retention in a sentence

• The blanket insurance programs may include deductibles or risk retention levels; however, the Retirement Community's responsibility for such deductibles or risk retention levels shall be limited to the Insurance Retention as defined in Section 9.3(c).

• The Retirement Community's allocated Insurance Retention for general liability insurance and workers' compensation insurance shall not exceed One Hundred Thousand Dollars ($100,000) unless such greater amount is agreeable to both Landlord and Tenant.

• A title insurer shall receive and retain at least 30% of the risk premium for policies sold by agents in accordance with Minimum Insurance Retention Schedule, including risk premium for endorsements, and it shall not be decreased, directly or indirectly, by an insurer providing services to any agent for less than actual cost.

• The Required Insurance policies may not obligate County to pay any portion of Contractor’s deductible or Self Insurance Retention (SIR).

• The minimum balance of the Insurance Retention Reserves shall be set at $60,000.2. If the balance in the Insurance Retention Reserves drops below $60,000, the ASI Executive Director or designee will examine the financial position of the Corporation and recommend a plan to fund the reserves until they meet the minimum balance requirements.

More Definitions of Insurance Retention

Insurance Retention means the amount of any loss or reserve allocated to the Hotel, not to exceed the insurance policy deductible.

Insurance Retention shall have the meaning given such term in Section 9.3B.

Insurance Retention means the amount of any loss or reserve under Marriott's blanket insurance or self-insurance programs which is allocated to the Hotel, not to exceed the higher of (A) the maximum per occurrence limit established for similar hotels participating in such programs, or (B) the insurance policy deductible on any loss which may fall within high hazard classifications as mandated by the insurer (e.g., earthquake, flood, windstorm on coastal properties, etc.). If the Hotel is not a participant under Marriott's blanket insurance or self-insurance programs, "Insurance Retention" shall mean the amount of any loss or reserve allocated to the Hotel, not to exceed the insurance policy deductible.

Insurance Retention means the insurance policy deductible; however, for any insurance obtained through the blanket insurance programs, “Insurance Retention” shall mean the Cypress Premises per occurrence limit for any loss or reserve as established for the Cypress Premises, which limit shall be the same as is applied to other similar projects participating in the blanket insurance programs, or such higher amount if mandated by the insurer for high hazard risks such as earthquake, flood and wind.

Insurance Retention means the Cypress Premises per occurrence limit for any loss or reserve as established for the Cypress Premises, which limit shall be the same as is applied to other similar projects participating in the blanket insurance programs, or such higher amount if mandated by the insurer for high hazard risks such as earthquake, flood and wind.

Insurance Retention means the insurance policy deductible; however for any insurance obtained through the blanket insurance programs, "Insurance Retention" shall mean the Business's per occurrence limit for any loss or reserve as established for the Business, which limit shall be the same as is applied to other similar Business participating in the blanket insurance programs, or such higher amount if mandated by the insurer for high hazard risks such as earthquake, flood and wind.

Insurance Retention means the Project’s per occurrence limit for any loss or reserve as established for the Project, which limit shall be the same as is applied to other properties participating in the blanket insurance programs, or such higher amount if mandated by the insurer for high hazard risks such as earthquake, flood and wind.