Insurance obligations of the Trustee Sample Clauses

Insurance obligations of the Trustee. To provide protection against any potential risks, the Trustee can cover its potential risks by taking out a so-called ‘Freight Forwarder Legal Liability Insurance’ (German: Verkehrshaftpflichtversicherung). The Freight Forwarder Legal Liability Insurance is an insurance which covers a freight forwarder or load broker for their liability for physical loss of or damage to customers’ cargo and for their consequential loss resulting from such loss or damage.
Sample 1
AutoNDA by SimpleDocs

Related to Insurance obligations of the Trustee

  • Insurance Obligations Borrower fails to promptly perform or comply with any of the covenants contained in the Loan Documents with respect to maintaining insurance, including the covenants contained in Section 4.4.

  • Obligations of the Tenant The following clauses set out what is expected of the Tenant during the Tenancy in addition to the main terms of the Tenancy Agreement. If any of these terms are broken, the Landlord may be entitled to deduct monies from the Deposit, as set out in the Agreement, claim damages from the Tenant, or seek the court’s permission to have the Tenant evicted from the Property because of the breach.

  • Insurance Obligation During the Term of this Master Contract, Contractor shall possess and maintain in full force and effect, at Contractor’s sole expense, the following insurance coverages:

  • Obligations of the Processor 6.1 The Processor shall:

  • Obligations of the Company Whenever required under this Section 2 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:

  • Obligations of the Parties 2.1 The Trust shall prepare and be responsible for filing with the Securities and Exchange Commission and any state regulators requiring such filing all shareholder reports, notices, proxy materials (or similar materials such as voting instruction solicitation materials), prospectuses and statements of additional information of the Trust. The Trust shall bear the costs of registration and qualification of its shares, preparation and filing of the documents listed in this Section 2.1 and all taxes to which an issuer is subject on the issuance and transfer of its shares.

  • OBLIGATIONS OF THE OWNER 5.1 The Owner agrees to provide the requisite access and authority for Coinllectibles to have access to information necessary for Coinllectibles to carry out the Services hereunder.

  • OBLIGATIONS OF THE LESSEE A. The Lessee shall keep the premises in a clean, sanitary, neat and presentable condition.

  • Obligations of the Student The Student undertakes to assist the Tutor in identifying problem areas in which the Student needs specific tutoring. * The Student agrees that assignments, exercises or homework form an integral part of tutoring and undertakes to complete such work timely.

  • Obligations of City 8.1 City shall –

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!