Loss Payee definition

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

Examples of Loss Payee in a sentence

  • The County will be included as a Loss Payee in this coverage for County owned equipment, tools, supplies, and contents.

  • Seller shall include a client coverage endorsement written for limits of at least $1,000,000 and shall include Buyer as Loss Payee.

  • All Risk Property Insurance Replacement Value (covering property of Buyer or Buyer’s customer in the care, custody or control of Seller and include Buyer as Loss Payee.

  • Policies shall name the Contractor as Named Insured and list the City as both an Additional Insured and a Loss Payee as its interest may appear.

  • Loss Payee: Canada as its interest may appear or as it may direct.


More Definitions of Loss Payee

Loss Payee means the Credit Provider nominated under a credit life insurance policy that applies to this Agreement.
Loss Payee means Lessor, except as otherwise provided in a consent and acknowledgment described in Section 8.3.2(b) of the Participation Agreement.
Loss Payee means the Lessor or, if the Lessor so notifies the Lessee in writing, the Security Trustee;
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.
Loss Payee means Lessor, except as otherwise provided in a Lessee Consent. [NAME OF OWNER PARTICIPANT] DEFINITION ANNEX LA 1 – Annex A
Loss Payee means the Lessor or, if the Lessor so notifies the Lessee in writing, the Security Trustee.
Loss Payee as defined in Section 13(a) of the Sublease.