Evidence of Premium Payment Sample Clauses

Evidence of Premium Payment. Lender must be provided with evidence the annual premiums for the required coverages are paid (either paid receipt or paid-stamped invoice). If the annual premium for the current coverage period has not been paid in full, the remaining balance shall be indicated.
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Evidence of Premium Payment. The Borrower shall provide to OPIC such evidence of premium payment as OPIC may from time to time reasonably request.
Evidence of Premium Payment. All insurance provided for in this Article shall be effected under valid and enforceable policies issued by insurers licensed to do business in the state in which the Property is located. Any insurance provided for in this Article 5 may contain a normal deductible clause consistent with the type of policy issued. Each policy of insurance procured pursuant to Section 5.01 and of Section 5.02 shall contain, if obtainable, (a) a waiver by the insurer of the right of subrogation against any tenant of the Property for negligence of such tenant, (b) a statement that the insurance shall not be invalidated should any insured waive in writing prior to the loss any or all right of recovery against any party for loss accruing to the property described in the insurance policy, and (c) a statement that the coverage afforded thereby shall not be affected by the performance of any work in or about the Property.

Related to Evidence of Premium Payment

  • Payment of Premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances effected by it and produce all relevant receipts when so required by the Security Trustee.

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Payment of Premium Increases (a) As used herein, the term "

  • Premium Payments If an employee with at least three years of service in the employ of the Shaker Heights Board of Education should exhaust his/her sick leave within the time specifications of this contract and is granted a leave of absence by the Board, the Board shall continue to pay his/her premiums in accordance with his/her work assignment for the following fringe benefits for a period not to exceed twelve (12) months. The payment of such premiums will cease on the effective date an employee retires, resigns, goes on disability retirement or his/her contract is terminated.

  • Evidence of Payment As soon as practicable after any payment of Taxes by any Loan Party to a Governmental Authority pursuant to this Section 2.17, such Loan Party shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent.

  • Allocation of Premiums No premium shall be paid under the Bond unless the Board of Trustees of the Trust, including a majority of those Trustees who are not “interested persons” of the Trust as defined by Section 2(a)(19) of the 1940 Act, shall approve the portion of the premium to be paid by the Trust, on behalf of each Fund. The premium payable on the Bond shall be allocated between the Trust and the Manager as determined by the Board of Trustees of the Trust.

  • Evidence of Coverage The Contractor shall, upon request by DSHS, submit a copy of the Certificate of Insurance, policy, and additional insured endorsement for each coverage required of the Contractor under this Contract. The Certificate of Insurance shall identify the Washington State Department of Social and Health Services as the Certificate Holder. A duly authorized representative of each insurer, showing compliance with the insurance requirements specified in this Contract, shall execute each Certificate of Insurance. The Contractor shall maintain copies of Certificates of Insurance, policies, and additional insured endorsements for each subcontractor as evidence that each subcontractor maintains insurance as required by the Contract.

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