Insurance Extension Sample Clauses

Insurance Extension. Any employee eligible for sick leave and annual leave benefits, who is unable to resume the duties of his or her employment by the City because of proven illness or injury, shall for a period of six (6) months after exhaustion of said leave and annual leave benefits, continue to be provided the City contribution toward group insurance benefits. The employee will be required to provide a check for his/her portion of the cost by no later than the first of each month. If the check is not received, the insurance will be dropped and the employee will have access to COBRA coverage.
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Insurance Extension. Provided the employee enrolls in COBRA health insurance upon layoff, the City will continue to pay the City portion of health/dental premiums for eligible employees as specified in Article 22, Insurance, for up to three (3) months following the date of layoff as the result of the contracting out or until the laid off employee has obtained alternative health insurance coverage, whichever is earlier.
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Insurance Extension. The extension of insurance coverages will continue during the designated medical or sick leave as specified in the enrollee’s benefit plan and/or as covered by COBRA, FMLA, or other governmental regulation.
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Insurance Extension. PCS and Arcadian shall cooperate to extend, renew or otherwise continue any existing insurance coverage (or to provide new insurance coverage) on and after the Effective Time with respect to claims arising from acts or omissions which occurred on or before the Effective Time. SECTION 6.06.
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Insurance Extension. 31 Section 6.07. Filings; Other Action......................31 Section 6.08. Further Assurances.........................31 Section 6.09. Takeover Statutes..........................32 Section 6.10. No Solicitation............................32 Section 6.11. Public Announcements.......................34 Section 6.12.
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Insurance Extension. MOXY and FSC shall cooperate to extend, renew or otherwise continue any existing insurance coverage (or to provide new insurance coverage) on and after the Effective Time with respect to claims arising from acts or omissions that occurred on or before the Effective Time.
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Related to Insurance Extension

  • Hazard Insurance All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.

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