Required Operating Period Insurance definition

Required Operating Period Insurance has the meaning set forth in Section 4.7(a) hereof. “Residential User” has the meaning of one residential household with an estimated number of individuals and domestic sewer flow as delineated in the definition of ERU.
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Required Operating Period Insurance has the meaning set forth in Section 4.7(a) hereof. “Service Area” means the areas of the Parish and outside the Parish covered by the map attached hereto as Appendix I.
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Required Operating Period Insurance has the meaning specified in Appendix 5 hereto.
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Examples of Required Operating Period Insurance in a sentence

  • If one or more Required Operating Period Insurance policies is or are not generally available or appears to be available only on terms not considered by the Operator to be commercially reasonable, the Operator will promptly notify the District in writing of such determination and work with the District to determine whether a reasonable alternative exists.

  • If one or more Required Operating Period Insurance policies already procured by the Operator ceases to be available or appears to no longer be available on terms considered by the Operator to be commercially reasonable, then the Operator will promptly notify the District in writing, but in no event less than sixty (60) days prior to the expiration of any such Required Operating Period Insurance policy, and the parties shall work together to find a reasonable alternative.

  • Until such insurance policy shall become available on commercially reasonable terms, such insurance policy shall not be deemed to be a Required Operating Period Insurance policy.

  • The Operator shall include the District Indemnified Parties as additional named insureds, where applicable, and shall obtain waivers of subrogation on all Required Operating Period Insurance policies.

  • The electrodes are lowered through the roof of the furnace and are energized by three phase alternating current, creating arcs that melt the metallic charge with their heat.

  • LIPA agrees to waive and to cause the insurance companies providing any Required Operating Period Insurance to waive subrogation rights it or they may have under any Required Operating Period Insurance policies with respect to claims against the Service Provider Indemnified Parties.

  • Any such optional insurance will neither expand the Company’s obligations under this Agreement nor limit any obligation of the Company under this Agreement to provide the Required Operating Period Insurance.

  • If, as a result of material changes in the market for insurance products, one or more Required Operating Period Insurance policies is or are not generally available or appears to be available only on terms not considered to be commercially reasonable, the Service Provider will promptly notify LIPA, in writing, but in no event less than sixty (60) days prior to the expiration of any Required Operating Period Insurance.

  • To the extent that the costs of any Facility Modification incurred pursuant to this Article can be recovered by either Party from any insurer providing the Required Operating Period Insurance, or from another third party, such Party shall exercise with due diligence such rights as it may have to effect such recovery.

  • To the extent that any costs or losses incurred under this Agreement can be recovered from any insurer providing the Required Operating Period Insurance, Required Service Provider Insurance or from another third party, the Parties shall exercise with due diligence such rights as they may have to effect such recovery.


More Definitions of Required Operating Period Insurance

Required Operating Period Insurance has the meaning set forth in Appendix 3.
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Required Operating Period Insurance has the meaning specified in Schedule 17 hereto.
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Related to Required Operating Period Insurance

  • Approved Operating Expenses means Operating Expenses incurred by Borrower or by any Manager on Borrower’s behalf (excluding any Restricted Payments) which (i) are included in the Approved Annual Budget for the current calendar month, (ii) are for real estate taxes, insurance premiums, electric, gas, oil, water, sewer or other utility service to the Properties, (iii) are for Management Fees, or (iv) have been approved in writing by Lender as Approved Operating Expenses; provided, however, that Approved Operating Expenses shall also include, for any calendar month in which Operating Expenses exceed the Monthly Operating Expense Budgeted Amount, the amount of such excess Operating Expenses up to and not to exceed ten percent (10%) of the Monthly Operating Expense Budgeted Amount for such calendar month as to which Borrower provides to Lender a reasonably detailed explanation of the reasons for and expenditures resulting in Operating Expenses exceeding the Monthly Operating Expense Amount.

  • insurance period means a contribution period or an equivalent period;

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • Flood Insurance Study (FIS means an examination, evaluation, and determination of flood hazards, corresponding water surface elevations (if appropriate), flood hazard risk zones, and other flood data in a community issued by the FEMA. The Flood Insurance Study report includes Flood Insurance Rate Maps (FIRMs) and Flood Boundary and Floodway Maps (FBFMs), if published.

  • Required Insurance shall have the meaning provided in Section 9.03.

  • Insurance score means a number or rating that is derived from an algorithm, computer application, model, or other process that is based in whole or in part on credit information for the purposes of predicting the future insurance loss exposure of a consumer.

  • Flood Insurance Study means the official report provided by the Federal Insurance Administration that includes flood profiles, the Flood Insurance Rate Map, the Flood Boundary and Floodway Map, and the water surface elevation of the base flood.

  • Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.

  • General air quality operating permit or "general permit" means an air quality operating permit that meets the requirements of ARM 17.8.1222, covers multiple sources in a source category, and is issued in lieu of individual permits being issued to each source.

  • Required Insurances means collectively the Project Facility Insurances and the Contractor Insurances.

  • Debt Service Coverage means that for every $1.00 of debt service required to be paid there must be $1.15 of Net Operating Income available. A worksheet for the calculation of Debt Service Coverage is found in the Report of Operations attached hereto as Exhibit "H" and incorporated herein by this reference.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Discontinued Operations means operations that are accounted for as discontinued operations pursuant to Applicable GAAP of the Issuer for which the Disposal of such assets has not yet occurred.

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Reporting Period With respect to each Payment Date and for purposes of making calculations with respect to the hypothetical structure and Reference Tranches as set forth in this Agreement:

  • Insurance carrier means every insurance carrier duly

  • Adopt a comprehensive land use plan means to enact a new

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • 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.