Insurance In Joint Names Sample Clauses

Insurance In Joint Names. (a) The Assignor shall during the terms of the Loan Agreement, this Assignment and/or the Security Documents always keep insured the Property and the building fixture or structure and all effects whatsoever now or at any time hereafter erected thereon or affixed to the Property properly insured against loss or damage by fire, explosion, lightning, tempest, flood, riot, civil commotion, strike, malicious acts and against such other risks as the Bank may from time to time require or think expedient up to the full insurable value thereof to the satisfaction of the Bank in the joint names of the Assignor and the Bank with an insurance company as may from time to time be acceptable to the Bank and keep the same so insured throughout the duration of this Assignment to the satisfaction of the Bank. The Assignor shall cause the interest of the Bank as an assignee and loss payee to be indorsed on the Insurance Policies so taken up and shall from time to time pay the premium thereon and deliver the receipts for the same to the Bank. The Assignor will deposit the policy or policies of such insurance with the Bank as the assignee. The Bank may at any time require the Assignor to increase the amount insured.
Sample 1
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Insurance In Joint Names. The Borrower shall during the term of this Agreement and/or the Security Documents and the Charge always keep the Property building fixture or structure whatsoever now or at any time hereafter erected on or affixed to the Property properly insured against loss or damage by fire lightning, tempest flood, riot, civil commotion, malicious acts and against such other risks as the Bank may from time to time require up to the full insurable value thereof to the satisfaction of the Bank in the joint names of the Borrower and/or the Security Party and the Bank with such insurance company as may from time to time be nominated by the Bank and will deposit the policy or policies of such insurance with the Bank as assignee and will from time to time pay the premium thereon and deliver the receipts for the same to the Bank. In addition to and not in derogation of the agreements and stipulations implied and the obligations imposed and the rights created by law custom and this Agreement and/or the Security Documents and the Charge the Borrower will if so required by the Bank at the cost and expense of the Borrower insure and keep insured the whole of the Property thereon of an insurable nature against loss or damage by fire and such other risks and contingencies of whatsoever nature for such amount in such names and with such insurers and through such agencies as the Bank may from time to time stipulate.
Sample 1
Insurance In Joint Names. The Borrower shall during the term of this Agreement keep the building fixture or structure whatsoever now or at any time hereafter erected on or affixed to the Property properly insured against loss or damage by fire and such other risks as the Bank may require up to the full insurable value thereof in the joint names of the Borrower and the Bank with such insurance company as may from time to time be nominated by the Bank and will deposit the policy or policies of such insurance with the Bank as assignee and will from time to time pay the premium thereon and deliver the receipts for the same to the Bank. In addition to and not in derogation of the agreements and stipulations implied and the obligations imposed and the rights created by law custom and this Agreement the Borrower will if so required by the Bank at the cost and expense of the Borrower insure and keep insured the whole of the property thereon of an insurable nature against loss or damage by fire and such other risks and contingencies of whatsoever nature for such amount in such names and with such insurers and through such agencies as the Bank may from time to time stipulate.
Sample 1

Related to Insurance In Joint Names

  • Insurance Information The Borrower shall deliver to the Administrative Agent information concerning insurance at the times and in the manner specified in Section 7.8;

  • Insurance Matters The Loan Trustee shall have received an insurance report of an independent insurance broker and the related certificates of insurance, each in form and substance reasonably satisfactory to the Loan Trustee, as to the compliance with the terms of Section 7.06 of the Indenture relating to insurance with respect to the Aircraft.

  • Insurance Reimbursement If you have health insurance, your behavioral health treatments may be covered in whole or in part. The BHCTC will assist you in determining your insurance coverage and will help you fill out any forms needed. Many managed care plans often require an authorization before treatment can begin. You may be required to contact your insurance company to obtain this authorization and/or receive it from your primary care physician. Many managed care plans limit counseling and therapy services to short-term treatment designed to work out specific problems that prevent people from living and working as they normally do. As this is the BHCTC’s model of treatment, this often works out well. Where necessary, we may request more sessions from the managed care plan. In order to do so, we are typically required to complete the insurance company’s forms which may include providing your diagnosis, the reasons you have sought treatment from the BHCTC, the symptoms you are suffering, and how long we believe treatment will or should continue. The information provided will become part of the insurance company’s files. Insurance companies are obligated to keep this information confidential; however, please note that the BHCTC has no control over the handling of this information by the insurance company. If you receive treatment from one of our NJ Licensed Psychologists, your insurance company may request that you authorize the psychologist to disclose certain confidential information in order to obtain insurance coverage benefits for these services. This disclosure can occur only if it is pursuant to a valid authorization and the information is limited to: 1) administrative information (name, age, sex, fees, dates, nature of sessions, etc.); 2) diagnostic information; 3) the status of the patient (voluntary/involuntary; inpatient/outpatient); 4) the reason for continuing psychological services (limited to an assessment of the current level of functioning and the level of distress both rated as mild, moderate, severe or extreme); and 5) a prognosis, limited to the estimated minimal length of treatment. If the Insurance Company has reasonable cause to believe that the psychological treatment in question may not be usual, customary or is unreasonable, it may request an independent review of such treatment by an independent review committee. While a lot can be accomplished in short-term therapy, some people feel they need more services after their insurance benefits end. If this is the case with you, we will discuss what our fees are and the best way for you to arrange payment in order to receive continued treatment. If your insurance company does not allow us to see you after your benefits end, we will be happy to assist you in finding another therapist who will work well with you. It is also important to remember that you always have the right to pay for your treatment yourself to avoid any insurance issues discussed above.

  • Travel Insurance The Employer shall provide and pay the full cost for travel insurance to cover all members of the bargaining unit for all modes of travel, in the amount of $200,000.00. The travel insurance policy shall also cover employees while on union business.

  • Contractors Pollution Liability Insurance (If Applicable $1,000,000 per occurrence and $2,000,000 aggregate or whatever amount is acceptable to the City for any exposure to “hazardous materials” as this term is defined in applicable law, including but not limited to waste, asbestos, fungi, bacterial or mold. Lower tier sub-subcontractors, Truckers, Suppliers: Evidence confirming lower tier subcontractors, truckers and suppliers are maintaining valid insurance prior to beginning work on the project to meet the requirements set forth herein on Subcontractor, including but not limited to all additional insured requirements of Subcontractor. ALL COVERAGES Coverage shall not be suspended, voided, canceled, or non-renewed by either CONTRACTOR or by the insurer, reduced in coverage or in limits except after thirty (30) days' prior written notice has been given to CITY except for ten (10) days’ notice for nonpayment of premium.

  • Insurance Indemnity 16.1 The NZOC will arrange travel and public liability insurance for all members of the Team, a summary of which will be provided to you by the NZOC as soon as practicable.

  • Air Travel Insurance (a) In the event of death or disability incurred while travelling by commercial aircraft on business of the Employer, regular and auxiliary employees will be covered by the terms and conditions of the Employer blanket insurance policy.

  • Insurance – Liability Contractor shall purchase and maintain at their own expense the insurance noted below. All insurance shall apply on a primary, non-contributory basis and remain in effect for the duration of the contract terms. Any policy written on a ‘claims made’ basis may only be done so with the written approval and authorization of the City of Bend and coverage written in this manner shall extend for two years past completion and acceptance of Contractor’s work or services.

  • INSURANCE/INDEMNIFICATION A. The School agrees to provide the following proof of insurance:

  • Commercial Business Automobile Liability Insurance The Contractor shall provide Commercial Business Automobile Liability Insurance that shall include coverage for bodily injury and property damage arising from the operation of any owned, non-owned, or hired automobile. The Commercial Business Automobile Liability Insurance Policy shall provide not less than $1,000,000 Combined Single Limits for each accident. Additional Requirements for Commercial Business Automobile Liability Insurance are shown below at Paragraph 1.5.3.3.6.

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