OIR definition

OIR means the Florida Office of Insurance Regulation.

OIR means Overnight Interest Rate on funds deposited on each day from and including the originally scheduled Closing Day for such Accepted Note, i.e., the actual rate of interest, if any, received by the Purchaser which intends to purchase such Accepted Note on the overnight deposit of the funds intended to be used for the purchase of such Accepted Note, it being understood that reasonable efforts will be made by or on behalf of the Purchaser to make any such deposit in an interest bearing account; “DTS” means Days to Settlement, i.e., the number of actual days elapsed from and including the originally scheduled Closing Day with respect to such Accepted Note (in the case of the first such payment with respect to such Accepted Note) to but excluding the actual Closing Day or the Cancellation Date with respect to such Accepted Note; and “PA” means Principal Amount, i.e., the principal amount of the Accepted Note for which such calculation is being made. In no case shall the Delayed Delivery Fee be less than zero. The Delayed Delivery Fee for any Accepted Note shall be paid in U.S. Dollars. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be rescheduled from time to time in compliance with Section 3.2.

OIR means the State of Florida Department of Financial Services, Office of Insurance Regulation.

Examples of OIR in a sentence

• OIR will not tolerate any form of violent or aggressive behaviour from members of the public towards our staff.

• CONTRACTOR hereby specifically disclaims any liability to State or OIR for interruptions affecting the services furnished under this Agreement that are attributable to interconnection facilities of State or OIR or to State or OIR’s equipment failures, or to breach of this Agreement by State or OIR.

• Such invoices shall include an OIR administrative charge, the amount of which will be determined by OIR (see Section 8 below) and any regulatory charges or fees incurred by CONTRACTOR pursuant to any federal, state or local telecommunications regulation.

• The CONTRACTOR agrees that it will provide information to OIR about any or all services provided under this Agreement.

• OIR reserves the right to require summary copies of direct-billed statements that must be submitted to OIR at the same time they are provided to direct-billed clients.

• If applicable, Insurer must comply with section 628.4615, F.S., and receive OIR approval before a merger or acquisition can occur.

• The CONTRACTOR will provide this information to OIR promptly upon receiving a request from OIR.

• A copy of any proposal made to a State agency must also be provided to OIR.

• A copy of the written trouble ticket will also be provided to OIR, upon requested.

• The CONTRACTOR is required to provide monthly reports to OIR indicating all services ordered for State entities.

More Definitions of OIR

OIR means the Office of Insurance Regulation of the Financial Services Commission within the Department of Financial Services of the State.

OIR means Office of Insurance Regulation.

OIR has the meaning set forth in the recitals.

OIR means Overnight Interest Rate on funds deposited on each day from and including the originally scheduled Closing Day for such Accepted Note, i.e., the actual rate of interest, if any, received by the Purchaser which intends to purchase such Accepted Note on the overnight deposit of the funds intended to be used for the purchase of such Accepted Note, it being understood that reasonable efforts will be made by or on behalf of each Purchaser to make any such deposit in an interest bearing account; “DTS” shall mean Days to Settlement, i.e., the number of actual days elapsed from and including the original Closing Day with respect to such Accepted Note (in the case of the first such payment with respect to such Accepted Note) or from and including the date of the next preceding payment (in the case of any subsequent delayed delivery fee payment with respect to such Accepted Note) to but excluding the actual date of such payment; and “PA” shall mean Principal Amount, i.e., the principal amount of the Accepted Note for which such calculation is being made. In no case shall the Delayed Delivery Fee be less than zero. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be rescheduled from time to time in compliance with paragraph 2A(9).

OIR means overnight interest rate on funds deposited on each day from and including the originally scheduled Closing Day for such Accepted Note, i.e., the actual rate of interest, if any, received by the Purchaser which intends to purchase such Accepted Note on the overnight deposit of the funds intended to be used for the purchase of such Accepted Note; “DTS” means Days to Settlement, i.e., the number of actual days elapsed from and including the original Closing Day with respect to such Accepted Note (in the case of the first such payment with respect to such Accepted Note) or from and including the date of the next preceding payment (in the case of any subsequent delayed delivery fee payment with respect to such Accepted Note) to but excluding the date of such payment; and “PA” means Principal Amount, i.e., the principal amount of the Accepted Note for which such calculation is being made. In no case shall the Delayed Delivery Fee be less than zero. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be rescheduled from time to time in compliance with paragraph 2B(8).