Right of recourse. If it is established that a member has ceased to be a member of the Furnmed Sick Benefit Society or Nufawsa Sick Benefit Society, and the Society has in error or contractually paid for any medical expenses incurred by such member and/or his registered dependants, the Fund trustees shall have the right to deduct the amount(s) from the member’s Provident Fund contributions and transfer the amount(s) due to the relevant Society.
Right of recourse. Once the insurer has paid compensation for the damage, the insurer takes over your right to claim compensation from the person who is liable to you for the damage.
Right of recourse. A carrier who has paid compensation pursuant to these Uniform Rules shall have a right of recourse against the carriers who have taken part in the carriage in accor- dance with the following provisions:
Right of recourse. If the policyholder is entitled to a damage claim against a third party, the claim shall pass to the insurer insofar as the insurer compensates the policyholder for the damage (Sec 67 VersVG). As the insurer has paid compensation for damage, the insurer takes over your right to demand compensation from the person who is liable to you in respect of the damage.
Right of recourse is the Right of Recourse of the Seller (to repay the Loan, to pay Interest, delay charges and other related payments) in respect of the Borrower arising from the relevant Loan Agreement. The Individual Terms of Agreement provide the specific amount of the Right of Recourse, other information individualizing the transferable Right of Recourse, details about Loan Agreement, Borrower and security measures applied for execution of Loan Agreement.
Right of recourse. 1. Once the compensation has been paid in respect of the civil liability risk, Zurich has the right of recourse, in respect of the amount spent, against the Policyholder or the Insured who has intentionally caused the damage or has otherwise intentionally harmed Zurich after the accident.
Right of recourse. 1. For the purposes of this Special Condition, once the compensation has been settled, Zurich has the right of recourse, in respect of the amount spent, against the Policyholder or the Insured, owing to:
Right of recourse. 8.1 The Guarantor hereby agrees not to exercise the Rights of Recourse or any other right (including, exercised through interim measures such as the interim attachment, by offset or by any other means), and not to exercise any action or undertake anything that may be connected with these Rights of Recourse or other equivalent rights, except when a contrary intention is expressed herein, or when it is authorized in writing by the Bondholders, until the Secured Bonds have been fully and irrevocably paid.
Right of recourse. In addition to the situations foreseen in clause 31 of the compulsory third party liability motor insurance – Part I – there shall be a right of recourse of Zurich against any person or entity in all other cases in which said right may legally exist. Clause 55 Subrogation Once the compensation has been paid, Zurich is subrogated in its rights against the parties causing or other parties liable for any damages, and it may require the subrogation to be specifically granted in the act of payment and refuse the latter if this is denied it as well as requiring a notary-endorsed receipt to be submitted to it. Zurich Car Insurance Optional covers
Right of recourse. 1. If the Bank makes any payment under the issued guarantee with its own funds, the Client shall compensate the Bank for any sums so paid under the guarantee, including any applicable interest, fees and other costs and expenses.
