OVERSIGHT FUNCTIONS definition

OVERSIGHT FUNCTIONS means those activities, functions and responsibilities listed under the heading "Bell" in Exhibits O-1 and O-2;
OVERSIGHT FUNCTIONS means an Insurer’s (defined above to also include reciprocal insurance exchanges and incorporated insurers, including farm mutuals) functions that are responsible for providing independent, enterprise-wide oversight to operational management for each significant activity of the Insurer, including the Insurer’s: actuarial, compliance, risk management, internal audit, Senior Management, and the Board.

Related to OVERSIGHT FUNCTIONS

  • School function means any school-sponsored extra-curricular event or activity.

  • critical functions means activities, services or operations the discontinuance of which is likely in one or more Member States, to lead to the disruption of services that are essential to the real economy or to disrupt financial stability due to the size, market share, external and internal interconnectedness, complexity or cross-border activities of an institution or group, with particular regard to the substitutability of those activities, services or operations;

  • Essential functions means the fundamental job duties of the employment position the individual with a disability holds or desires. “Essential functions” does not include the marginal functions of the position.

  • Essential job functions means the fundamental job duties of the employment position an individual holds. A job function may be considered essential if-

  • Trustee Functions means the functions set out in paragraph 6;