Loss Payee definition

Loss Payee. Has the meaning specified in Section 13.02(b)(i) of the Lease.
Sample 1Sample 2Sample 3
Loss Payee has the meaning given to such term at Clause 21.4(c)(ii) (Launch Insurance).
Sample 1Sample 2Sample 3
Loss Payee means a party to whom an insurance settlement must be paid, which in the context of the Agreement is the Credit Provider.
Sample 1Sample 2Sample 3

Examples of Loss Payee in a sentence

  • In such a case we require documentary evidence of the existence of this cover, the details thereof, and that we have been named as a Loss Payee under the policy up to the settlement value of the Agreement (as per Form 23 of the Act).

  • We require you to maintain credit life insurance to cover your outstanding obligations under the Agreement at any time, and that we are named as Loss Payee under this policy.


More Definitions of Loss Payee

Loss Payee means the Credit Provider nominated under a credit life insurance policy that applies to this Agreement.
Sample 1Sample 2Sample 3
Loss Payee means Lessor, except as otherwise provided in a consent and acknowledgment described in Section 8.3.2(b) of the Participation Agreement.
Sample 1Sample 2Sample 3
Loss Payee. The Board of Regents of the Nevada System of Higher Education on behalf of Owner shall be named as loss payee as respects their interest in any property that the Contractor has an obligation to insure on behalf of Owner.
Sample 1Sample 2
Loss Payee means the Lessor or, if the Lessor so notifies the Lessee in writing, the Security Trustee;
Sample 1Sample 2
Loss Payee means Lessor, except as otherwise provided in a Lessee Consent. [NAME OF OWNER PARTICIPANT] DEFINITION ANNEX LA 1 – Annex A
Sample 1Sample 2
Loss Payee means the Lessor or, if the Lessor so notifies the Lessee in writing, the Security Trustee.
Sample 1
Loss Payee means a CLIENT who:
Sample 1