Other Risks definition

Other Risks means any other risks that may render any Entrusted Loan unable to be recovered on time or both in full and on time, excluding those described above.
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Other Risks. Other risks in using derivatives include the risk of differing valuations of derivatives arising out of different permitted valuation methods and the inability of derivatives to correlate perfectly with underlying securities, rates and indices. Many derivatives, in particular OTC derivatives, are complex and often valued subjectively and the valuation can only be provided by a limited number of market professionals which often are acting as counterparties to the transaction to be valued. Inaccurate valuations can result in increased cash payment requirements to counterparties or a loss of value to a Fund. The value of any OTC derivatives shall be the value obtained from the counterparty, the Administrator or another party and shall be valued daily. Such valuations will be approved or verified at least weekly by a party independent of the counterparty who may either be the Investment Manager, the Administrator or sourced by the Administrator as appropriate and who has been approved for such purpose by the Depositary. Derivatives do not always perfectly or even highly correlate or replicate the value of the securities, rates or indices they are designed to replicate. Consequently, a Fund's use of derivative techniques may not always be an effective means of, and sometimes could be counterproductive to, following such Fund's investment objective. OTC Counterparty Rating Downgrade Risk The Company will enter into OTC transactions only with those counterparties that it believes to be sufficiently creditworthy. If an OTC counterparty (which is not a Relevant Institution) engaged by the Company, in respect of a Fund, is subject to a credit rating downgrade, this could potentially have significant implications for the relevant Fund both from a commercial perspective and a regulatory perspective. Pursuant to the Central Bank Rules, a rating downgrade for such OTC counterparty to A-2 or below (or a comparable rating) shall require the relevant Fund without delay to conduct a new credit assessment of the OTC counterparty. Regardless of the measures the Company, in respect of a Fund, may implement to reduce counterparty credit risk, however, there can be no assurance that a counterparty will not default or that the relevant Fund will not sustain losses on the transactions as a result.
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Other Risks. Other risks in using derivatives include the risk that there are differing valuations for such derivatives arising out of different permitted valuation methods. Many derivatives, in particular OTC derivatives, are complex and often valued subjectively and the valuation can only be provided by a limited number of market professionals which often are acting as counterparties to the transaction to be valued. Inaccurate valuations can result in increased cash payment requirements to counterparties or a loss of value to a Fund. The value of any OTC derivatives shall be the value obtained from the Approved Counterparty or the Administrator and shall be valued daily. Such valuations will be approved or verified at least weekly by a party independent of the Approved Counterparty as determined by the Board of Directors and approved by the Depositary. Alternatively, the valuation methodology explained in Section 7.2 could be used. Derivatives do not always perfectly or even highly correlate or replicate the value of the securities, rates or indices they are designed to replicate. Consequently, a Fund's use of derivative techniques may not always be an effective means of, and sometimes could be counterproductive to, implementing such Fund's investment objective. Investors should note that where an OTC derivative is terminated and the Directors and the Investment Manager decide to invest in a new OTC derivative in its place, the terms of the new OTC derivative may be different and in some cases less favourable than the terms of the previous OTC derivative.
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Examples of Other Risks in a sentence

  • This procedure is intended to estimate the amount considered to be the liability in respect of any claims outstanding and which will be recoverable from the Clinical Negligence and Other Risks Indemnity Scheme in the event of payment by an individual health body.

  • Withdrawal of investment or termination of agreement before expiry of portfolio tenure will be subject to early exit charges as mentioned in the client agreement.• In case of adverse price movement in equity market, the client may lose full or part of the capital invested in equity / equity related instruments.For Other Risks associated with investment in securities, kindly refer section ‘RISK FACTORS’ given in this document.

  • Costs above this threshold are reimbursed to Boards from a central fund held as part of the Clinical Negligence and Other Risks Indemnity Scheme (CNORIS) by the Scottish Government.

  • Other Risks: RiskManagement Excess production / Glut situation inMarket Crop failureCrop insurance Price volatility-low prices Pests and Diseases Natural calamities- fire, cyclone, Floodsetc.

  • In such case concentration risk will be high.For Other Risks associated with investment in securities, kindly refer section ‘RISK FACTORS’ given in this document.

  • Unlike NHS Boards, Dundee City Integration Joint Board does not have any ‘shared risk’ exposure from participation in Clinical Negligence and Other Risks Indemnity Scheme (CNORIS).

  • Unlike NHS Boards, the IJB does not have any “shared risk” exposure from participation in the Clinical Negligence and Other Risks Indemnity Scheme (CNORIS).

  • Other Risks Unless otherwise noted, it is management’s opinion that the Company is not exposed to significant interest rate risk and commodity price risk arising from financial instruments.

  • Other Risks and Uncertainties The Company’s securities should be considered a highly speculative investment and investors should carefully consider all of the information disclosed in the Company’s Canadian regulatory filings prior to making an investment in the Company.

  • See Note 7, Principal and Other Risks, in the Notes to Financial Statements on risks of the Portfolio.


More Definitions of Other Risks

Other Risks shall include all transit risks for the full reinstatement value of the Goods supplied to the Company and such policy shall include the interest of the Company in the Goods supplied). The Supplier’s insurance company must be ‘A’ rated and acceptable to the Company. The Company reserves the right to inspect and approve such policies of insurance and the Company requires the Supplier to provide a Certificate of Insurance evidencing current policy levels. The Certificate of Insurance shall contain the following minimum information, (i) named insured, (ii) address, (iii) business description, and (iv) period of cover, and further comply with the following requirements:
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Other Risks shall include any actual, threatened or reported: 345 arrest or restraint of princes, rulers or people; insurrections; riots or civil commotions; disturbances; 346 acts of God; epidemics; quarantine; labour troubles; labour obstructions; strikes; lock-outs; embargoes; 347 seizure of the Tow under legal process or any other cause outside the control of the Tugowner as a 348 result of which it would be impossible or unsafe or commercially impracticable for the Tug or Tow or 349 both to enter or attempt to enter or leave or attempt to leave the place of departure or any port or place 350 of call or refuge or to reach or attempt to reach or enter the port or place of destination of the Tow and 351 there deliver the Tow and leave again, all of which safely and without unreasonable delay, the Tug may 352 leave the Tow or any part thereof at the place of departure or any other port or place where the Hirer 353 may take repossession and this shall be deemed a due fulfillment by the Tugowner of this Agreement 354 and any outstanding sums and all extra costs of delivery at such place and any storage costs incurred 355 by the Tugowner shall thereupon become due and payable by the Hirer. 356
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Other Risks. Allegro Rainbow is uniquely protected against the various risks affecting every business, such as political and economic risks. During times of recession consumers often cocoon, providing insulation during economic downturns. Additionally, during times of economic strength, new consumers are capable of purchasing more of the services for leisure and education. More risk minimization strategies: Intellectual Property (IP): Allegro Rainbow currently has 3 patents pending on its game concepts, with more to follow. Additional trademarks, copyrights and trade secret protections are all strategically complementing these fundamental, unique and valuable assets. These broad patents are being filed simultaneously internationally.
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Other Risks means all the other Pillar 2 risks which are not separately addressed in this procedure and which the individual banks have defined as part of their own ICAAP processes.
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Related to Other Risks

  • All Risks property insurance in an amount adequate to cover the full replacement cost of all Tenant Additions to the Premises, equipment, installations, fixtures and contents of the Premises in the event of loss; (d) In the event a motor vehicle is to be used by Tenant in connection with its business operation from the Premises, Comprehensive Automobile Liability Insurance coverage with limits of not less than Three Million and No/100 Dollars ($3,000,000.00) combined single limit coverage against bodily injury liability and property damage liability arising out of the use by or on behalf of Tenant, its agents and employees in connection with this Lease, of any owned, non-owned or hired motor vehicles; and (e) such other insurance or coverages as Landlord reasonably requires.

  • Insured Risks means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

  • Risks means any risk associated, either directly or indirectly, with Participant's presence at and/or participation in any Activities;

  • War Risks means the risks according to Institute War and Strike Clauses (Hull Time) (1/10/83) or (1/11/95), or equivalent conditions, including, but not limited to risk of mines, blocking and trapping, missing vessel, confiscation, vandalism, sabotage and malicious mischief and all risks excluded from the standard form of English or other marine policy.

  • All Risk property insurance on a full replacement cost basis insuring CLEC’s property situated on or within any CenturyLink Premises. CLEC may elect to insure business interruption and contingent business interruption, as it is agreed that CenturyLink has no liability for loss of profit or revenues should an interruption of service occur.

  • protection and indemnity risks means the usual risks covered by a protection and indemnity association managed in London, including pollution risks and the proportion (if any) of any sums payable to any other person or persons in case of collision which are not recoverable under the hull and machinery policies by reason of the incorporation in them of clause 6 of the International Hull Clauses (1/11/02 or 1/11/03), clause 8 of the Institute Time Clauses (Hulls) (1/11/95) or clause 8 of the Institute Time Clauses (Hulls) (1/10/83) or the Institute Amended Running Down Clause (1/10/71) or any equivalent provision;

  • Country Risks means with respect to any Foreign Depository: (a) the financial infrastructure of the country in which it is organized, (b) such country’s prevailing custody and settlement practices, (c) nationalization, expropriation or other governmental actions, (d) such country’s regulation of the banking or securities industry, (e) currency controls, restrictions, devaluations or fluctuations, and (f) market conditions which affect the order execution of securities transactions or affect the value of securities.

  • Sovereign Risk means nationalization, expropriation, currency devaluation, revaluation or fluctuation, confiscation, seizure, cancellation, destruction or similar action by any governmental authority, de facto or de jure; or enactment, promulgation, imposition or enforcement by any such governmental authority of currency restrictions, exchange controls, taxes, levies or other charges affecting a Fund's Assets; or acts of armed conflict, terrorism, insurrection or revolution; or any other act or event beyond the Custodian's or such other Person's control.

  • fall risk means any potential exposure to falling either from, off or into;

  • operational risk means the risk of loss for the individual portfolio resulting from inadequate internal processes and failures in relation to people and systems of the investment service provider or from external events, and includes legal and documentation risk and risk resulting from the trading, settlement and valuation procedures operated on behalf of the individual portfolio;

  • excess risks means, in relation to a Ship, the proportion of claims for general average, salvage and salvage charges not recoverable under the hull and machinery policies in respect of the Ship in consequence of its insured value being less than the value at which the Ship is assessed for the purpose of such claims;

  • Tail risk means a risk that occurs either where the frequency of low probability events is higher than expected under a normal probability distribution or where there are observed events of very significant size or magnitude.

  • Other Contractors means any contractor (other than the entity which executed this Contract or its Subcontractors) who or which has a contract with the City for work on or adjacent to the building or Site of the Work.

  • Low risk means normal, uncomplicated prenatal course as determined by adequate prenatal care and prospects for a normal, uncomplicated birth as defined by reasonable and generally accepted criteria of maternal and fetal health.

  • Minimal risk means that the probability and magnitude of harm or discomfort anticipated in the research are not greater in and of themselves than those ordinarily encountered in daily life or during the performance of routine physical or psychological examinations or tests.

  • Impervious cover means a surface composed of material that significantly impedes or prevents natural infiltration of water into soil.

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.

  • windstorm means straight line winds of at least 80 miles per

  • Earthquake insurance, if the Leased Property is currently, or at any time in the future, located within a major earthquake disaster area, in amount, and in such form and substance and with such limits and deductibles as are satisfactory to Landlord; and

  • Vandalism means destruction of or damage to a Project Asset deliberately

  • 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.

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • systemic risk means a risk of disruption in the financial system with the potential to have serious negative consequences for the financial system and the real economy;

  • Marine means pertaining to tidally influenced waters, including oceans, sounds, straits, marine channels, and estuaries, including the Pacific Ocean, Puget Sound, Straits of Georgia and Juan de Fuca, and the bays, estuaries and inlets associated therewith.

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

  • Errors and Omissions Policy As defined in each of the Servicing Agreements.