Material Insurances definition

Material Insurances. All insurances required to be taken out by the Borrower pursuant to the Minimum Insurance Schedule as set out in Schedule 12 (Minimum Insurance Schedule) and Schedule 12a (Minimum Insurance Operation Period Schedule) apart from any employer’s liability or motor vehicle liability insurance.
Material Insurances means all insurance policies of the Group relating to property damage and business interruption.
Material Insurances means all contracts and policies of insurance (including, for the avoidance of doubt, all cover notes) of whatever nature which are from time to time taken out by or on behalf of the Mortgagor or (to the extent of such interest) in which the Mortgagor has an interest, other than contracts and policies of insurance relating to employer's liability, public and products liability, motor fleet, motor uninsured loss, group personal accident and travel, professional indemnity and such other contracts and policies of insurance as the Collateral Agent, acting reasonably, may agree.

Examples of Material Insurances in a sentence

  • In respect of our services during the term of our appointment, we accept responsibility for acting as insurance broker on behalf of the Noteholders in respect of the co-insurance of the Noteholders (or the Noteholder on their behalf) under the Material Insurances on policy terms (including lender endorsements) agreed from time to time by you.

  • Offshore Securities • An English law assignment and charge (the Security Agreement) covering: i) a fixed charge over certain bank accounts (the Offshore Project Accounts as defined in the Security Agreement); andii) an assignment of the reinsurances in respect of Material Insurances which consist of all insurances other than motor vehicle and employers’ liability risk insurances.


More Definitions of Material Insurances

Material Insurances means the each of those insurances specified as being material in the list provided pursuant to paragraph 17 of Schedule 6 and such other insurances as are designated material insurances by the Facility Agent (acting reasonably) for the purposes of this Agreement from time to time.
Material Insurances has the meaning given in Clause 22.18 (Insurance).
Material Insurances means all insurance policies of the Group relating to property damage and business interruption. Minority Investment means any company or other entity in which any member of the Group has an interest from time to time and which company or entity is not a direct or indirect Subsidiary of the Parent. Month means a period starting on one day in a calendar month and ending on the numerically corresponding day in the next calendar month, except that:
Material Insurances means all Insurance other than Insurances of motor vehicles and employers’ liability risks and professional indemnity insurance.
Material Insurances means the following insurance policies of the Group:
Material Insurances has the meaning ascribed to such term in Schedule 13;
Material Insurances means each of those insurances specified as being material in the list provided to the Facility Agent on Closing and such other insurances as are designated material insurances by the Facility Agent (acting reasonably) for the purposes of this Agreement from time to time.