Financial protection definition

Financial protection means the ability to respond in damages for pub- lic liability and to meet the cost of in- vestigating and defending claims and settling suits for such damages.
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Financial protection means the amount specified in Item 2 or the Attach- ment annexed hereto.
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Financial protection against “public liability” in the event of a “nuclear incident,” including nuclear liability insurance as required under Atomic Energy Act, as amended, and the NRC’s implementing regulations. If the current requirements respecting the maintenance of nuclear liability insurance and other forms of “financial protection” shall cease to be applicable, the amount of required “financial protection” reduced, or the cap on “public liability” arising out of a “nuclear incident” as established by the Atomic Energy Act shall be increased or eliminated, PS shall continue to provide such protection for Exelon, as is then customary in the nuclear industry, and consistent with the Owners Agreement, against “public liability” in the event of a nuclear incident to the extent available from commercial, industry and governmental sources and customary in the United States. (For purposes of this Article 9.1.4, the terms in quotations shall have the meanings given to them in the Atomic Energy Act, as amended, and the NRC’s implementing regulations.)
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Examples of Financial protection in a sentence

  • Financial protection may include private insurance, private contractual indemnities, self-insurance, other proof of financial responsibility, or a combination that provides the maximum amount required.

  • Financial protection is not required with respect to licenses issued for the con- duct of educational activities to persons found by the Commission to be non-profit educational institutions.

  • The definitions set out in the Act shall apply to this clause.(c) Financial protection.

  • Financial protection under paragraph (2) and indemnification under paragraph (1) shall be the exclusive means of financial protection and indemnification under this section for any De- partment of Energy demonstration reactor li- censed by the Commission under section 5842 of this title.

  • Financial protection may include private insurance, private contractual indemnities, self- insurance, other proof of financial responsibility, or a combination that provides the maximum amount required.

  • Financial protection is vital in the current economic environment to ensure that a business can repay corporate loans should the worst happen.

  • This statement must be clear, prominent and easily legible.Prices• Basic price must include all non-optional extras of a fixed amount• Clients must know the amount of any resort fees before they book• Brochures only - if the amount of extras may change, Members don't need to include them, but they must give clear details near the basic price Financial protection information No advertising, including brochures and websites, should contain anything misleading about bonding and financial protection.

  • Financial protection may include private insurance, private contractual indemnities, self-insurance, other proof of financial responsibility, or a com- bination that provides the maximum amount required.

  • Financial protection is primarily, but not exclusively, associated with out-of- pocket payments at the time of service delivery.

  • Financial protection is vital to allow your business to recover quickly and minimise the impact should the worst happen.


More Definitions of Financial protection

Financial protection means the use of financial instruments to facilitate access to economic resources, as required, to allow for the timely response to and rehabilitation and recovery from, a disaster, and includes –
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Financial protection means being able to access timely and adequate financial resources to:
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Financial protection means the ability to respond in damages for public
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Related to Financial protection

  • fall protection plan means a documented plan, which includes and provides for -

  • Environmental Protection Agency or “EPA” means the United States Environmental Protection Agency.

  • Cathodic protection means a technique designed to prevent the corrosion of a metal surface by making that surface the cathode of an electrochemical cell. For example, protection can be accomplished with an impressed current system or a galvanic anode system.

  • Flood Insurance Regulations means (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 (amending 42 USC 4001, et seq.), as the same may be amended or recodified from time to time, and (iv) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Environmental Protection Agency (EPA) means the United States Environmental Protection Agency.

  • Consumer Protection Act means the Consumer Protection Act, No 68 of 2008;

  • MFN Protection has the meaning set forth in Section 2.14(e)(iii).

  • Rail Safety Act means the Rail Safety Act 1998 (WA);

  • Fire Protection means all aspects of fire safety including but not limited to fire prevention, fire fighting or suppression, pre-fire planning, fire investigation, public education and information, training or other staff development and advising.

  • Community protection zone means the area within eight

  • the 2007 Regulations means the Civil Enforcement of Parking Contraventions (England) General Regulations 2007;

  • application for international protection means a request made by a third country national or a stateless person for protection from a Member State, who can be understood to seek refugee status or subsidiary protection status, and who does not explicitly request another kind of protection, outside the scope of this Directive, that can be applied for separately;

  • Data Protection Act means Act CXII of 2011 on Informational Self-Determination and Freedom of Information.

  • Flood protection system means those physical structural works for which funds have been authorized, appropriated, and expended and which have been constructed specifically to modify flooding in order to reduce the extent of the area within a community subject to a "special flood hazard" and the extent of the depths of associated flooding. Such a system typically includes hurricane tidal barriers, dams, reservoirs, levees or dikes. These specialized flood modifying works are those constructed in conformance with sound engineering standards.

  • Equal Credit Opportunity Act means the Equal Credit Opportunity Act, as amended.

  • 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.

  • Plant Protection Gas means the minimum volumes required to prevent physical harm to the plant facilities or danger to plant personnel when such protection cannot be afforded through the use of an alternate fuel. This includes the protection of such material in process as would otherwise be destroyed, but shall not include deliveries required to maintain plant production. A determination will be made by the Seller of minimum volumes required. Such essential volumes will be dispatched accordingly.

  • Fair Housing Act means the Fair Housing Act, as amended.

  • Electrical protection barrier means the part providing protection against any direct contact to the high voltage live parts.

  • Air Act, as used in this clause, means the Clean Air Act (42 U.S.C. 7401 et seq.).

  • Floodplain Management Regulations means this ordinance and other zoning ordinances, subdivision regulations, building codes, health regulations, special purpose ordinances, and other applications of police power. This term describes federal, state or local regulations, in any combination thereof, which provide standards for preventing and reducing flood loss and damage.

  • Data Protection means the implementation of appropriate administrative, technical or physical means to guard against unauthorized intentional or accidental disclosure, modification, or destruction of data.

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Financial Institutions has the meaning set forth in the preamble in this Agreement.

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);

  • Consumer means any person who is supplied with electricity for his own use by a licensee or the Government or by any other person engaged in the business of supplying electricity to the public under this Act or any other law for the time being in force and includes any person whose premises are for the time being connected for the purpose of receiving electricity with the works of a licensee, the Government or such other person, as the case may be;