Insurance Adjustment definition

Insurance Adjustment means the adjustment calculated in accordance with Schedule 25 - Insurance and Performance Security Requirements.
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Insurance Adjustment at any time means the Insurance Cost Differential calculated as of the most recent Insurance Review Date;
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Insurance Adjustment has the meaning given in Section 7.3 of Schedule 25 – Insurance and Performance Security Requirements.
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Examples of Insurance Adjustment in a sentence

  • When the Policy Declarations indicates that the Property Insurance Adjustment condition applies: The limit of liability shown on the Policy Declarations for Coverage A Dwelling Protection will be revised at each policy anniversary to reflect the rate of change in the Index identified on the Policy Declarations.

  • In 2008, Athens blocked the Alliance’s offer of NATO membership to Skopje.

  • Merseylink organised a number of site visits for Halton Employment Partnership (HEP) members during Q1.

  • The Authority will adjust the Service Payments in accordance with such agreed Insurance Adjustment.

  • The first Operation Payment after the State's notification of acceptance must include the aggregate of all insurance adjustments for all Operation Months after the Insurance Adjustment Date.

  • The ability to regulate conduct is not considered in the Insurance Adjustment Bureau opinion, and the exclusion of such may very well have been the death knell for the Pennsylvania’s statute’s constitutionality.

  • On each Insurance Review Date thereafter, the Insurance Adjustment will be applied in accordance with this Part B.

  • Insurance Adjustment Bureau, 905 A.2d at 468-69 (some internal citations omitted).Plaintiffs rely on Federal Ins.

  • Continental Casualty Co., 2006 WL 3386625 (W.D. Pa. 2006), wherein the court reached the following conclusion as to the import of Prudential Property and Insurance Adjustment Bureau:In the wake of The Insurance Adjustment Bureau, Inc.

  • If the State accepts the Contractor's application, all Operation Payments after the Insurance Adjustment Date must include the insurance adjustment set out in the Contractor's application.


More Definitions of Insurance Adjustment

Insurance Adjustment has the meaning set out in Section 3.2 of Schedule 5 [Insurance]; “Insurance Cost Report” has the meaning set out in Section 3.3 of Schedule 5 [Insurance];
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Insurance Adjustment has the meaning given in section 1 of Schedule 4. Intellectual Property means anything, whether tangible or intangible, that attracts, or is susceptible of protection by, Intellectual Property Rights. Intellectual Property Rights means any and all intellectual and industrial property rights and rights relating to all systems and information (including the Confidential Information and in any developments, improvements, modifications and enhancements to the Confidential Information), trade secrets, know-how, goodwill and business reputation, whether registered or unregistered, including rights in or to or arising under copyright, patents, inventions, trade marks, designs, plant varieties, circuit layouts or Laws relating to breach of confidence or passing off.
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Insurance Adjustment has the meaning given to such term in Section 2.06(c) of this Agreement.
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Insurance Adjustment means that amount determined by multiplying $4.00 by a fraction, the numerator of which will be the Face Value, and the denominator of which shall be $6,000,000. In no event will the Insurance Adjustment exceed $4.00.
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Related to Insurance Adjustment

  • Insurance adjuster means a person who directs or conducts the investigation, negotiation, or settlement of a claim under an insurance policy other than life insurance or an annuity, on behalf of an insurer, policyholder, or a claimant under an insurance policy.

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building. If the parties insert a dollar amount in Paragraph 1.9, such amount shall be considered the "BASE PREMIUM." If a dollar amount has not been inserted in Paragraph 1.9 and if the Building has been previously occupied during the twelve (12) month period immediately preceding the Commencement Date, the "Base Premium" shall be the annual premium applicable to such twelve (12) month period. If the Building was not fully occupied during such twelve (12) month period, the "Base Premium" shall be the lowest annual premium reasonably obtainable for the Required Insurance as of the Commencement Date, assuming the most nominal use possible of the Building. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under Paragraph 8.2(b).

  • Insurance Add-On Amount means the premium charged to the Obligor in the event that the Servicer obtains Force-Placed Insurance pursuant to Section 4.4.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Insurance Schedule means Schedule 3 attached hereto.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Special Hazard Coverage The Special Hazard Coverage on the most recent anniversary of the Cut-Off Date (calculated in accordance with the second sentence of this paragraph) or, if prior to the first such anniversary, $4,725,230, in each case reduced by Special Hazard Losses allocated to the Certificates since the most recent anniversary of the Cut-Off Date (or, if prior to the first such anniversary, since the Cut-Off Date). On each anniversary of the Cut-Off Date, the Special Hazard Coverage shall be reduced, but not increased, to an amount equal to the lesser of (1) the greatest of (a) the aggregate principal balance of the Mortgage Loans located in the single California zip code area containing the largest aggregate principal balance of Mortgage Loans, (b) 1.0% of the aggregate unpaid principal balance of the Mortgage Loans and (c) twice the unpaid principal balance of the largest single Mortgage Loan, in each case calculated as of the Due Date in the immediately preceding month, and (2) $4,725,230, as reduced by the Special Hazard Losses allocated to the Certificates since the Cut-Off Date. The Special Hazard Coverage may be reduced upon written confirmation from the Rating Agencies that such reduction will not adversely affect the then current ratings assigned to the Certificates by the Rating Agencies.

  • Loss Adjustment Expense means costs and expenses incurred by the Company in connection with the investigation, appraisal, adjustment, settlement, litigation, defense or appeal of a specific claim or loss, or alleged loss, including but not limited to:

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • Special Hazard Loss Any Realized Loss suffered by a Mortgaged Property on account of direct physical loss, but not including (i) any loss of a type covered by a hazard insurance policy or a flood insurance policy required to be maintained with respect to such Mortgaged Property pursuant to Section 3.10 to the extent of the amount of such loss covered thereby, or (ii) any loss caused by or resulting from:

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.