Financial protection Clause Samples
The Financial Protection clause is designed to safeguard one or both parties against potential financial losses arising from the agreement. Typically, this clause may require one party to maintain insurance, provide guarantees, or set aside funds to cover possible liabilities or damages. By establishing clear financial safeguards, the clause ensures that adequate resources are available to address unforeseen costs, thereby reducing the risk of non-payment or unfulfilled obligations.
Financial protection. Except as hereafter permitted or required in writing by DOE, the contractor will not be required to provide or maintain, and will not provide or maintain at Government expense, any form of financial protection to cover public liability, as described in paragraph (d)(ii) below. DOE may, however, at any time require in writing that the contractor provide and maintain financial protection of such a type and in such amount as DOE shall determine to be appropriate to cover such public liability, provided that the costs of such financial protection are reimbursed to the contractor by ▇▇▇.
Financial protection. The Supplier/ Principal ATOL holder confirms that the arrangements for the protection of consumers’ monies with respect to the Supplier/ Principal ATOL holder’s products sold under this agreement are as follows: Licensable products: protected under ATOL number 1866.
Financial protection. Except as hereafter permitted or required in writing by DOE, the Contractor will not be required to provide or maintain, and will not provide or maintain at Government expense, any form of ▇▇▇▇▇- cial protection to cover public liability, as described in paragraph (d)(2) below. DOE may, however, at any time require in writing that the Contractor provide and maintain fi- nancial protection of such a type and in such amount as DOE shall determine to be appro- priate to cover such public liability, pro- vided that the costs of such financial protec- tion are reimbursed to the Contractor by DOE.
Financial protection. We are a member of Protected Trust Services: Textile Travels Ltd. Member Number 5509. This ensures that in the event of our or our suppliers’ failure, your money will be protected.
Financial protection. The Corporation shall obtain and maintain, at its expense, financial protection to cover public liability, as described in paragraph (d)(2) below in such amount and of such type as is commercially available at commercially reasonable rates, terms and conditions, provided that in the event NRC grants a license for a uranium enrichment facility not located on federally-owned property, the amount is no more than the amount required by the NRC for the other facility.
Financial protection. Your payments will be held in a client account at Bank of America until such time as payments are made by the Operator to the suppliers of the travel experience.
Financial protection. Amsaan UK is a member of the Association of Bonded Travel Organisers Trust Limited, which provides financial protection when you buy a travel package (tour) through Amsaan UK. In the case of any alternative travel arrangements, which were not included in the tour but were purchased by you, this protection does not apply. The Association of Bonded Travel Organisers Trust Limited (hereinafter – “ABTOT”) provides financial protection under The UK Package Travel and Linked Travel Arrangements Regulations 2018 for Amsaan Accessible Tours UK Ltd, membership No. 5526, and in the event of insolvency, protection is provided for: ● Non-flight packages: ABTOT cover provides for a refund in the event you have not yet travelled or repatriation if transportation was included in your package. Please note that bookings made outside the UK are only protected by ABTOT when purchased directly with Amsaan Accessible Tours UK Ltd. In the unlikely event that you require assistance whilst abroad due to our financial failure, please call our 24/7 helpline on 01702 811397 and advise you are a customer of an ABTOT protected travel company. You can access The UK Package Travel and Linked Travel Arrangements Regulations 2018 here. You can find out more about ABTOT here.
Financial protection. ABTOT
1. Non-flight packages and
2. Flight inclusive packages that commence outside of the EU, which are sold to customers outside of the EU. ABTOT cover provides for a refund in the event you have not yet travelled or repatriation if you are abroad. Please note that bookings made outside the EU are only protected by ABTOT when purchased directly with Personal Overseas Development Ltd t/a Pod Volunteer. In the unlikely event that you require assistance whilst abroad due to our financial failure, please call our 24/7 helpline on 01702 811397 and advise you are a customer of an ABTOT protected travel company. You can access The Package Travel and Linked Travel Arrangements Regulations 2018 here: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.▇▇/ukdsi/2018/9780111168479/contents
Financial protection. ABTOT
1. Non-flight packages commencing in and returning to the UK;
2. Non-flight packages commencing and returning to a country other than the UK; and
3. Flight inclusive packages that commence outside of the UK, which are sold to customers outside of the UK.
Financial protection. Textile Travels Ltd is a company committed to customer satisfaction and consumer financial protection. We are therefore pleased to announce that, at no extra cost to you, and in accordance with ''The Package Travel, Package Tours Regulations'' all passengers booking with Textile Travels Ltd are fully protected for the initial deposit, and subsequently the balance of monies paid as detailed in your booking confirmation form. Your money is fully protected and paid into an independent Trust Account, managed by Protected Trust Services Ltd of ▇▇▇-▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ and its Trustees, chartered accountants - Elman Wall Ltd of 8th Floor, Becket House, ▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇.