Mandatory Insurances definition

Mandatory Insurances means the P&I, Hull and Machinery/Increased Valuation and War P&I/H&M/IV.
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Mandatory Insurances means the
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Mandatory Insurances means the insurances to be taken out in respect of each Vessel owned by a Restricted Group Company, including:
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Examples of Mandatory Insurances in a sentence

  • Insurance policy requirements The insurance policies referred to in clause 19.1 (Mandatory Insurances) must be obtained from a reputable and solvent insurer with a financial rating of at least A- as rated by Standard & Poor's (Australia) Pty Limited or an equivalent rating from another internationally recognised rating agency.


More Definitions of Mandatory Insurances

Mandatory Insurances means employer’s liability insurance and such other insurance as may from time to time be required by any Law; and
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Related to Mandatory Insurances

  • obligatory insurances means, in relation to a Ship, all insurances effected, or which the Borrower owning that Ship is obliged to effect, under Clause 13 or any other provision of this Agreement or another Finance Document;

  • Insurances means all policies and contracts of insurance (including all entries in protection and indemnity or war risks associations) which are from time to time taken out or entered into in respect of or in connection with the Vessel or her increased value or the Earnings and (where the context permits) all benefits under such contracts and policies, including all claims of any nature and returns of premium.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.