Examples of Relevant Insurance in a sentence
At the date of this Agreement the Relevant Insurance Markets are each of New York, Bermuda and London.
Relevant Insurance Markets means the insurance markets which insure the majority of transportation related public-private partnerships in North America.
The Lessor hereby gives you notice that the new Payment Account (if applicable), the new Servicer (if applicable), the new [Loss Payee], changes to the [Financing Parties], changes to the [Indemnitees] and the updated Relevant Insurance Certificate Information are set out the Schedule to this Notice.
Hence, Section 358 (1) BGB would also apply to cases where the consumer withdraws its consent to a Relevant Insurance Policy, i.e. the Loan Agreement would be affected as described above.
If the Government exercises such option in accordance with Clause 10.7 (Exercise of Termination Option), then in accordance with the provisions of this Clause 11 (Early Termination Purchase Price and Procedure), the Project Property should be valued at the "Project Company Default Purchase Price", which equals to: Outstanding Debt; plus Termination Costs; minus Outstanding Shareholder Commitments; minus Relevant Insurance Proceeds.