Insurance Policy Coverage Sample Clauses

The Insurance Policy Coverage clause defines the scope and extent of protection provided by an insurance policy. It outlines which risks, events, or losses are covered, specifying the circumstances under which the insurer will pay out claims, such as property damage, liability, or personal injury. This clause is essential for setting clear expectations between the insurer and the insured, ensuring both parties understand what is and is not protected under the policy, thereby reducing disputes and clarifying risk allocation.
Insurance Policy Coverage. Each party will assure that its insurance permits waiver of liability and contains a waiver of subrogation. Each party shall secure an appropriate clause in, or an endorsement to, each insurance policy obtained by or required to be obtained by Landlord or Tenant, as the case may be, under this Lease, pursuant to which the insurance company: (a) waives any right of subrogation against Landlord or Tenant as the same may be applicable, or (b) permits Landlord or Tenant, prior to any loss to agree to waive any claim it might have against the other without invalidating the coverage under the insurance policy. If, at any time, the insurance carrier of either party refuses to write (and no other insurance carrier licensed in Massachusetts will write) insurance policies which consent to or permit such release of liability, then such party shall notify the other party and upon the giving of such notice, this Section 9.6.2 shall be void and of no effect.
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Insurance Policy Coverage. No benefit shall be distributed hereunder if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer denies coverage (i) for material misstatements of fact made by the Executive on an application for life insurance, or (ii) for any other reason.
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Insurance Policy Coverage. EACH PARTY WILL ASSURE THAT ITS INSURANCE PERMITS WAIVER OF LIABILITY AND CONTAINS A WAIVER OF SUBROGATION. EACH PARTY SHALL SECURE AN APPROPRIATE CLAUSE IN, OR AN ENDORSEMENT TO, EACH INSURANCE POLICY OBTAINED BY OR REQUIRED TO BE OBTAINED BY LANDLORD OR TENANT, AS THE CASE MAY BE, UNDER THIS LEASE, PURSUANT TO WHICH THE INSURANCE COMPANY: (A) WAIVES ANY RIGHT OF SUBROGATION AGAINST LANDLORD OR TENANT AS THE SAME MAY BE APPLICABLE, OR (B) PERMITS LANDLORD OR TENANT, PRIOR TO ANY LOSS TO AGREE TO WAIVE ANY CLAIM IT MIGHT HAVE AGAINST THE OTHER WITHOUT INVALIDATING THE COVERAGE UNDER THE INSURANCE POLICY. IF, AT ANY TIME, THE INSURANCE CARRIER OF EITHER PARTY REFUSES TO WRITE (AND NO OTHER INSURANCE CARRIER LICENSED IN CONNECTICUT WILL WRITE) INSURANCE POLICIES WHICH CONSENT TO OR PERMIT SUCH RELEASE OF LIABILITY, THEN SUCH PARTY SHALL NOTIFY THE OTHER PARTY AND UPON THE GIVING OF SUCH NOTICE, THIS SECTION SHALL BE VOID AND OF NO EFFECT.
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Insurance Policy Coverage. Table 4.1 summarizes the insurance policy coverage for REM+ students, according to EACEA rules. European Charter for Researchers and Code of Conduct for the Recruitment of Researchers The European Commission has adopted a European Charter for Researchers and a Code of Conduct for the Recruitment of Researchers. These two documents, addressed to researchers as well as to employers and funders in both the public and private sectors, are key elements in the European Union's policy to make research an attractive career, which is a vital feature of its strategy to stimulate economic and employment growth. Giving individual researchers the same rights and obligations wherever they may work throughout the European Union should help counter the fact that research careers in Europe are fragmented at local, regional, national or sectorial level, and allows Europe to make the most of its scientific potential. As a MSc student, you must be aware of these principles and requirements. Some of them will apply to you right now as MSc student (e.g., admission, administrative tasks, supervision, mentoring, non-discrimination, research environment, funding and salaries, gender balance, access to career advice, intellectual property rights, co-authorship, etc.). You declare that you have applied for an Erasmus Mundus Student scholarship to a maximum of the two (2) joint EMJMD programmes other than the REM+, and that you have not been holder of an ERASMUS MUNDUS MASTERS COURSE (EMMC) or an ERASMUS MUNDUS JOINT MASTER DEGREE (EMJMD) scholarship previously and that you have been duly informed about selection criteria, procedure and timelines in the REM+ Consortium website. You also agree for REM+-JPB to check any of the details provided and understand that any omission or false declaration may result in legal offence derived in disciplinary actions* that may cause the annulment of your application with the reimbursement of scholarships unduly paid. Others will apply to the research career you might be willing to start as a doctoral candidate after the MSc graduation; being aware of them will help you in preparing yourself for this endeavour. The European Charter for Researchers is a set of general principles and requirements which specifies the roles, responsibilities and entitlements of researchers as well as of employers and/or funders of researchers. The aim of the Charter is to ensure that the nature of the relationship between researchers and employers or funders is conduci...
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Related to Insurance Policy Coverage

  • Insurance Policy The Employer agrees to remit to the Union an amount to be applied toward the payment of a premium by the Union for an insurance policy which provides a defense attorney to represent all members of the bargaining unit when they are charged with a criminal act that results from events occurring while the bargaining unit member was acting in an official capacity. The maximum amount payable during the term of the Agreement shall be seven dollars ($7.00) per member per month.

  • R&W Insurance Policy Purchaser shall use its reasonable best efforts to bind the R&W Insurance Policy at or prior to the Closing. Purchaser shall use reasonable best efforts to take all actions necessary to complete the applicable conditions in the conditional binder (other than the condition that the Closing has occurred, to which this sentence does not apply) to the R&W Insurance Policy within the times set forth therein to maintain the R&W Insurance Policy in full force and effect. Following the final issuance of the R&W Insurance Policy, Purchaser agrees to use reasonable best efforts to keep the R&W Insurance Policy in full force and effect for the policy period set forth therein. Purchaser shall provide a copy of the R&W Insurance Policy to Seller upon request. Purchaser agrees that the R&W Insurance Policy shall expressly exclude any right of subrogation against Seller and its Affiliates and their respective officers, directors and employees (except in the case of Fraud), and neither Purchaser nor its Affiliates shall amend or waive such subrogation provisions without Seller’s prior written consent. The Parties acknowledge that Purchaser obtaining the R&W Insurance Policy is a material inducement to Seller entering into the transactions contemplated by this Agreement, and Seller is relying on Purchaser’s covenants and obligations set forth in this Section 5.15(a). The R&W Insurance Policy may not be amended or waived by Purchaser or its Affiliates in any manner that is adverse to Seller or any of its Affiliates without Seller’s prior written consent. At or promptly following the Closing, Seller shall deliver to Purchaser or its Representatives, as reasonably requested by Purchaser, a digital copy of all documents and other information uploaded to the virtual data room established by Seller and its Representatives and to which Purchaser and its Representatives have been granted access as part of their due diligence of the transactions contemplated hereby (the “Data Room”).

  • Group Insurance All employees covered by this Agreement shall receive the same group insurance benefits as provided to other County employees in accordance with the County Benefit Program.

  • Insurance Policies Insurance required herein shall be by companies duly licensed or admitted to transact business in the state where the Premises are located, and maintaining during the policy term a "General Policyholders Rating" of at least B+, V, as set forth in the most current issue of "Best's Insurance Guide", or such other rating as may be required by a Lender. Lessee shall not do or permit to be done anything which invalidates the required insurance policies. Lessee shall, prior to the Start Date, deliver to Lessor certified copies of policies of such insurance or certificates evidencing the existence and amounts of the required insurance. No such policy shall be cancelable or subject to modification except after thirty (30) days prior written notice to Lessor. Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with evidence of renewals or "insurance binders" evidencing renewal thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee to Lessor upon demand. Such policies shall be for a term of at least one year, or the length of the remaining term of this Lease, whichever is less. If either Party shall fail to procure and maintain the insurance required to be carried by it, the other Party may, but shall not be required to, procure and maintain the same.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.