Insurance Standard means such insurance policies, coverage amounts, types of coverage, endorsements or deductibles, as applicable, that a Reasonable and Prudent Operator would reasonably be expected to obtain, keep, and maintain, or require to be obtained, kept, and maintained with respect to the Premises and the ownership, operation, and use thereof.

Insurance Standard means such insurance policies, coverage amounts, types of coverage, endorsements or deductibles, as applicable, that (i) in connection with any Construction Work, that a Reasonable and Prudent Developer or Reasonable and Prudent Operator, as applicable, would reasonably be expected to obtain, keep and maintain, or require to be obtained, kept and maintained with respect to the Leased Premises and such Construction Work and (ii) with respect to the operation and use of the Leased Premises, that a Reasonable and Prudent Operator would reasonably be expected to obtain, keep and maintain, or require to be obtained, kept and maintained with respect to the Leased Premises and the ownership, operation and use thereof.

Insurance Standard means such insurance policies, coverage amounts, types of coverage, endorsements or deductibles, as applicable, that a reasonable and prudent operator would reasonably be expected to obtain, keep and maintain, or require to be obtained, kept and maintained with respect to the Parking Facility and the ownership, operation and use thereof.

Examples of Insurance Standard in a sentence

Detail whether there is a limit on the number of claims per annum: Comment: Note: Refer also to the City’s sample insurance certificate form available on the City's web site at www.surrey.ca (search "Insurance Certificates") titled City of Surrey Certificate of Insurance Standard Form.
Long Term Disability Insurance: Standard Insurance: Monthly benefit up to sixty percent (60%) of the employee’s basic monthly earnings.
Employment Insurance Standard Parental Benefit: Employment Insurance Benefit of up to 35 weeks if the employee took Pregnancy Leave or up to 37 weeks if the employee did not take Pregnancy Leave.
A registered health professional not having the required Professional Indemnity Insurance (see Physiotherapy Board of Australia Registration Standard on Professional Indemnity Insurance Standard).
The operation of clause 6.1 limiting the liability of a person is subject to the proviso that the person is able to satisfy the Court that:the person has the benefit of an insurance policy or policies in accordance with the Insurance Standard insuring the person against the Occupational Liability to which the cause of action relates; and the amount payable under the policy or policies in respect of that occupational liability is not less than the amount of the applicable Monetary Ceiling.

More Definitions of Insurance Standard

Insurance Standard means the insurance policies, coverage amounts, types of coverage, endorsement and deductible as applicable, that a reasonable and prudent operator would reasonably be expected to obtain, keep and maintain or would require to be obtained, kept and maintained, with respect to the ownership and operation of the Plaza Buildings, Media Towers, or OEAS, as applicable.

Insurance Standard means the Insurance Standard approved by the Society on 21 June 2021;

Flood Insurance Study means the official report provided by the Federal Insurance Administration that includes flood profiles, the Flood Insurance Rate Map, the Flood Boundary and Floodway Map, and the water surface elevation of the base flood.
Policy means Related Party Transaction Policy.
Coverage means the types of persons to be eligible as the beneficiaries of the Scheme to health services provided under the Scheme, subject to the terms, conditions and limitations.
Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.