Risk assumption definition

Risk assumption means a decision to absorb the entity's
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Risk assumption means a decision to absorb the entity’s
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Risk assumption means a decision to absorb the entity's financial exposure to a risk of loss without the creation of a formal program of advance funding of anticipated losses.
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Examples of Risk assumption in a sentence

  • Its payment takes place in the manner and at the time(s) specified in the given Agreement.1.7.4 Risk assumption(a) Risk assumption fee: Fee paid by the Client to the Factor for the event that the latter assumes the risk of non-performance stemming from the Insolvency of the Buyer.

  • Risk assumption means that the government accepts the risk associated with a risk event.

  • Risk assumption policyThe policy contains the possible credit risk assumption services of the Bank and the general requirements applying to risk assumption of the given type, the special rules of assumption of large exposures and the regime of the monitoring of the assumed risks.

  • Risk assumption means taking on the upside and downside consequences of the risk with the result that the party assuming a risk will also bear the financial and other consequences if the risk materializes.

  • Risk assumption – is any assumptions pertaining to the risk itself.

  • Risk assumption means taking on the upside and downside consequences of the risk, with the result that the party assuming a risk will also bear the financial and other consequences if the risk materialises.

  • What this means is that beyond the advance disbursed at the time of the purchase of the receivables, the Bank’s additional financial obligation only becomes effective in the event of the full performance of the Obligor within the stipulated deadline.(iii) Risk assumption arrangement: the Bank takes on the full risk of non-performance by the Obligor.

  • District: Ananthapur Andhra Pradesh, India Contact Details 8688881005 Policy number: 1046665000 Subject: Risk assumption for Kotak Group Accident Protect Dear Sri Balaji Educational Society, We welcome you to Kotak Mahindra General Insurance Company Limited and thank you for choosing us as your preferred service provider.

  • Risk assumption services data will be sourced from publicly available information but, in some cases, may require additional sources.

  • Risk assumption by x-clear eases risk management for the trading partners, since all trades involve the same central counterparty, which the trading partners know in advance and which also guarantees that the claims will be met.Anonymity of trading partnersThe SIX Swiss Exchange and LSE electronic trading platforms enable their members to remain anonymous before the conclusion of a trade (pre-trade anonymity).


More Definitions of Risk assumption

Risk assumption or "risk sharing" means, for the purpose of this regulation, a transaction whereby the chance of loss, including the expenses for the delivery of service, with respect to the health care of a person, is transferred to or shared with another entity, in return for a consideration. Examples include but are not limited to, full or partial capitation agreements, withholds, risk corridors, and indemnity agreements;
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Risk assumption means taking on the upside and downside consequences of the risk with the result that the party assuming a risk will also bear the financial and other consequences if the risk materialises. A party performing part of the risk management functions may not assume the risk that is the subject of its management activity, but may be hired to perform risk mitigation functions under the direction of the risk-assuming party.
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Risk assumption or “risk sharing” means a transaction whereby the chance of loss, including the expenses for the delivery of service, with respect to the health care of a person is transferred to or shared with another entity (e.g., Carrier, including an LSLPN), in return for a consideration. Examples include, but are not limited to, full or partial capitation agreements, withholds, risk corridors, and indemnity agreements. For the purposes of this regulation, fee-for-service, per diem payments, diagnostic-related group payment agreements, and employee assistance programs (EAPS) are not considered to be risk assumption or risk sharing arrangements.
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Risk assumption means taking on the upside and downside consequences of the risk with the result that the party assuming a risk will also bear the financial and other consequences if the risk materializes. A party performing part of the risk management functions may not assume the risk that is the subject of its management activity, but may be hired to perform risk mitigation functions under the direction of the risk-assuming party. (c) Financial capacity to assume risk can be defined as access to funding to take on the risk or to lay off the risk, to pay for the risk mitigation functions and to bear the consequences of the risk if the risk materializes. Access to funding by the party assuming the risk takes into account the available assets and the options realistically available to access additional liquidity, if needed, to cover the costs anticipated to arise should the risk materialize. (d) Control over risk involves the first two elements of risk management defined in (a), that is:
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Related to Risk assumption

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

  • Assignment and Assumption means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the consent of any party whose consent is required by Section 10.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit E or any other form approved by the Administrative Agent.

  • Assignment and Assumption Agreement means the Assignment and Assumption Agreement in substantially the form attached hereto as Exhibit A.

  • Assignment and Acceptance means an assignment and acceptance entered into by a Lender and an Eligible Assignee, and accepted by the Administrative Agent, in substantially the form of Exhibit C hereto.

  • Assignment and Acceptance Agreement means an assignment and acceptance agreement entered into by a Lender, an Eligible Assignee and the Administrative Agent, and, if required, the Borrower, pursuant to which such Eligible Assignee may become a party to this Agreement, in substantially the form of Exhibit C hereto.

  • Transfer Supplement has the meaning set forth in Section 6.3(c) of this Agreement.

  • Transfer facility means any transportation related facility including loading docks, parking areas, storage areas and other similar areas where shipments of hazardous waste are held during the normal course of transportation.