Property insurer definition

Property insurer means an insurer licensed to transact property insurance as defined in section 431:1-206.
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Property insurer means an insurance company issuing a Property Insurance Policy.
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Property insurer means an insurer licensed to transact property insurance.
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Examples of Property insurer in a sentence

  • Building Plans must be submitted by SPWB to the State’s Property insurer for review in regard to the fire protection system and earthquake protection, prior to initiation of the construction project.

  • Building Plans must be submitted by SPWD to the State’s Property insurer for review in regard to the fire protection system and earthquake protection, prior to initiation of the construction project.

  • The policy is Domestic Property insurer JLT and Material Damage/ Domestic Property insurer NZI.

  • On February 11, 2008, the Property was damaged by a fire and Plaintiff submitted a claim to the Property insurer, ASI Lloyds.

  • Workers Compensation and Property insurer shall waive all rights of subrogation against the Chicago Transit Authority.

  • In case the Property insurer is not prepared to grant cover for the refurbishment works under the Fire/All Risks policy, a Contract Works policy (EAR e.g.) is to be issued with a number of special considerations, such as the question of specifying clear definition of interfaces, responsibilities for existing property, subrogation rights and waiver of such rights between parties and policies.

  • The Indemnitees shall be entitled to recover their attorneys‟ fees, costs and expert and consultant costs in pursuing or enforcing a right to defense and/or indemnification under this Section 3.18.

  • TBCC and DISTRICT shall exercise best efforts to obtain from each Property insurer a waiver of all rights of subrogation, which the insurer might otherwise have against the other party.

  • SCE suggests that the utilities be allowed to present an alternative transition plan for the conversion to BIP.

  • If all or part of the Property becomes damaged or destroyed, Grantor shall promptly and completely repair and/or restore the Property in a good and workmanlike manner in accordance with sound building practices and notwithstanding the unavailability (for whatever reason) of insurance proceeds from any Property insurer; provided, however this subsection is subject to the provisions of Sections 5.5 and 5.6 above.

Related to Property insurer

  • Property Insurance is defined in Section 6.10(a).

  • Casualty insurance means liability insurance.

  • Credit property insurance means insurance:

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • First party insurance means an insurance policy or contract in which the insurer

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

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

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Company Insurance Policies has the meaning set forth in Section 3.14.

  • Blanket insurance policy means a group policy covering a defined class of

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Property Income means cash rents (excluding non-cash straight-line rent) and other cash revenues received by the Borrower or a Guarantor in the ordinary course for any Property, but excluding security deposits and prepaid rent except to the extent applied in satisfaction of tenants’ obligations for rent.

  • Insurer means a person who insures or guarantees for the benefit of the mortgagee all or any portion of the risk of loss upon borrower default on any of the mortgage loans originated, purchased or serviced by the Company or any of its Subsidiaries, including the Federal Housing Administration, the United States Department of Veterans’ Affairs, the Rural Housing Service of the U.S. Department of Agriculture and any private mortgage insurer, and providers of hazard, title or other insurance with respect to such mortgage loans or the related collateral.

  • 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.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • R&W Insurer means AIG Specialty Insurance Company.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Bond Insurance Policy means the municipal bond new issue insurance policy issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.