CCRIF Policy definition

CCRIF Policy means the Parametric Insurance Contract dated 1st June, 2020 which the Government of Barbados has entered into with CCRIF to insure against risks of earthquake, tropical cyclone and excess rainfall, including any documents incorporated by reference therein and any attachments, annexes, appendices or supplements thereto (including but not limited to the applicable coverage summary and associated loss curve data spreadsheet), as such CCRIF Policy may be amended or supplemented from time to time;
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CCRIF Policy means the Parametric Insurance Contract dated [•] which the Borrower has entered into with CCRIF to insure against risks of tropical cyclone 12, including any documents incorporated by reference therein and any attachments, annexes, appendices or supplements thereto (including but not limited to the applicable coverage summary and associated loss curve data spreadsheet), as such CCRIF Policy may be amended or supplemented from time to time. A certified copy of the CCRIF Policy (including all such documents, attachments, annexes, appendices and supplements) as in effect on the date on which the Facility is signed has been provided to the Lender on or before the signing date as a condition precedent.13
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CCRIF Policy means the Parametric Insurance Contract dated June 1, 2022 that Barbados has entered into with CCRIF to insure against risks of earthquake, tropical cyclone and excess rainfall, including any documents incorporated by reference therein and any attachments, annexes, appendices or supplements thereto (including but not limited to the applicable coverage summary and associated loss curve data spreadsheet), as such CCRIF Policy may be amended or supplemented from time to time.
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Examples of CCRIF Policy in a sentence

  • TBD whether maintaining the CCRIF Policy and payment of premium should be a covenant and failure to do so an event of default.

  • The system achieved the minimal requirements of a defined event under the CCRIF Policy by having winds of greater than 39mph somewhere in three member states: Antigua & Barbuda, St Kitts & Nevis and Anguilla.

  • The last significant earthquake registered in Belize was a magnitude5.7 event which occurred on 23 August 1998.Photos of earthquake impacts contributed by: Tatyana Perez CCRIF Policy DevelopmentsIMPROVEMENTS IN HAZARD AND LOSS MODELLINGSecond-Generation Modelling FrameworkExtensive work has been undertaken in the development of the second-generation loss modelling framework by Kinetic Analysis Corporation (KAC) specifically for CCRIF.

  • TBC once the CCRIF Policy to be entered into by the Borrower is in agreed form.

  • The wind footprint below, one of the outputs from the CCRIF 2G model, shows that Richard achieved the minimal requirements of a defined event under the CCRIF Policy by having winds of greater than 39mph in only one member state, Belize.

  • In this issueStakeholder Analysis of CCRIF Recent CCRIF Publications Understanding Key Components ofa CCRIF Policy WFCP ConferenceUpdate on RTFS Usage andDevelopmentsSPECIAL FEATURE: Stakeholder Analysis of CCRIF’s OperationsBetween October and December 2011, CCRIF undertook a stakeholder analysis of its operations.

  • The revenue sharing will begin only after the second haircut is completed. The agreement also includes a hurricane clause which will be triggered by any natural disaster covered by Grenada’s CCRIF Policy if the calculated loss to Grenada from an event is greater than US$15 million.

  • CTC EVENT: (a) Following the occurrence of any Caribbean Tropical Cyclone Event5, as defined in the CCRIF Policy (a "CTC Event"), in respect of which a Policy Payment has been made to the Borrower, and subject to paragraph (b) below, the Borrower may elect to defer payment of the Deferred Payment Amounts so that each such remaining principal and interest payments falls due on the date falling [•] years after its original due date.


More Definitions of CCRIF Policy

CCRIF Policy means the Parametric Insurance Contract dated June 1, 2015 which the Government of Grenada has entered into with CCRIF to insure against risks of earthquake, tropical cyclone and excess rainfall, including any documents incorporated by reference therein and any attachments, annexes, appendices or supplements thereto (including but not limited to the applicable
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CCRIF Policy means the Parametric Insurance Contract dated
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Related to CCRIF Policy

  • Tariff Policy means a Tariff Policy adopted by the Council in terms of Section 74 of the Local Government: Municipal Systems Act 32 of 2000.

  • Statement of Policy means the summary explanation of information and facility policies

  • R&W Policy means that certain representations and warranties insurance policy issued by the R&W Insurer to the Buyer.

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Consensus Policies are those policies established (1) pursuant to the procedure set forth in ICANN’s Bylaws and due process, and (2) covering those topics listed in Section 1.2 of this Specification. The Consensus Policy development process and procedure set forth in ICANN’s Bylaws may be revised from time to time in accordance with the process set forth therein.

  • Safeguard Policy Statement or “SPS” means ADB's Safeguard Policy Statement (2009);

  • New Jersey Stormwater Best Management Practices (BMP) Manual or “BMP Manual” means the manual maintained by the Department providing, in part, design specifications, removal rates, calculation methods, and soil testing procedures approved by the Department as being capable of contributing to the achievement of the stormwater management standards specified in this chapter. The BMP Manual is periodically amended by the Department as necessary to provide design specifications on additional best management practices and new information on already included practices reflecting the best available current information regarding the particular practice and the Department’s determination as to the ability of that best management practice to contribute to compliance with the standards contained in this chapter. Alternative stormwater management measures, removal rates, or calculation methods may be utilized, subject to any limitations specified in this chapter, provided the design engineer demonstrates to the municipality, in accordance with Section IV.F. of this ordinance and N.J.A.C. 7:8-5.2(g), that the proposed measure and its design will contribute to achievement of the design and performance standards established by this chapter.

  • Insider Trading Regulations means the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time.

  • Procurement Policy means ADB’s Procurement Policy - Goods, Works, Nonconsulting and Consulting Services (2017, as amended from time to time);

  • City Policies means any or all (as the context requires) of those procedures, standards and/or standard specifications, requirements, policies and the like listed in Schedule H or notified to the Supplier from time to time, as the same may be updated, modified, expanded, revised, supplemented and/or replaced from time to time by the City (as notified to the Supplier);

  • Chief of Police means the Chief of Police, from time to time, of the Toronto Police Service.

  • Insurance Affordability Program means a program that is one of the following:

  • Best management practices (BMP) means schedules of activities, prohibitions of practices, maintenance procedures, and other management practices to prevent or reduce the pollution of waters of the United States. BMPs include treatment requirements, operation procedures, and practices to control plant site runoff, spillage or leaks, sludge or waste disposal, or drainage from raw material storage.

  • Policy means Related Party Transaction Policy.

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • Best management practice or "BMP" means schedules of activities, prohibitions of practices, including both structural and nonstructural practices, maintenance procedures, and other management practices to prevent or reduce the pollution of surface waters and groundwater systems from the impacts of land-disturbing activities.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.