Insured Vehicle Sample Clauses

Insured Vehicle. The vehicle purchased by You or the company with whom You have a Finance Agreement.
Sample 1Sample 2Sample 3See All (11)
AutoNDA by SimpleDocs
Insured Vehicle. If You do not, We will attempt to assess Your claim, however it may be difficult for Us to investigate and settle Your claim adequately. ▪ We reserve the right to subject the Insured Vehicle to an independent assessment. ▪ At the time of claim the Administrator must receive evidence that You purchased the Insured Vehicle. o Such evidence must include the original or a clear bona fide copy of the original printed purchase invoice of the Insured Vehicle. o The invoice must detail the supplying dealer’s name, address and VAT registration number and must show the full cost of the Insured Vehicle including the breakdown of all items, ancillary to the Insured Vehicle or not. ▪ You will need to provide a copy of a valid Driving Licence ▪ We and the Administrator may obtain and share information concerning any claim You make against this policy or any corresponding road risks insurance claim You have made with the Comprehensive Motor Insurer, the supplying dealer of the Insured Vehicle or Your Finance Company, for the purposes of administering Your claim. ▪ We have the right to take proceedings in Your name, in order to recover, for Our benefit, the amount of any payment made under this policy. Once notified of a claim and on the condition that we have all of the required information, we will provide a pre- accident value for the vehicle to you before progressing with the claim In the event of a claim, any arrears in premiums due on Your Finance Agreement at the date of Your claim being met by Us will be deducted from the amount payable by Us under this policy. However, We will not deduct any outstanding future payments due after the date of Your claim being met by Us under this policy.
Sample 1Sample 2Sample 3See All (11)
Insured Vehicle. The vehicle specified in your certificate of motor insurance for the motor insurance policy which is annexed with this service agreement. 12 calendar months from the date of inception of this policy, or until the next expiry date of the motor insurance policy to which this policy is annexed, whichever period is the less. In the event of cancellation or non-renewal of that motor insurance policy, all cover under this policy shall cease. United Kingdom.
Sample 1Sample 2Sample 3
Insured Vehicle. The vehicle purchased by You or the Finance Company (if appropriate) which meets the eligibility criteria set out in this Policy and is within the terms of Your Finance Agreement (if any).
Sample 1Sample 2
Insured Vehicle. The vehicle hired by You which meets the eligibility criteria set out in this Policy and is within the terms of Your Contract Hire or Finance Lease Agreement. The value of the vehicle will exclude any: discount and/or contribution, road fund license, administration fees, fuel, paintwork and/or upholstery protection kits and cherished number plate transfers, all relating to the Insured Vehicle; and insurance premiums (including for this policy), subscription charges or warranty charges; and Negative Equity, arrangement fees, arrears, interest on late payments; and any VAT, if You are VAT registered and able to reclaim the VAT element; and any other costs or associated fees.
Sample 1
Insured Vehicle. Insured vehicle means any motor vehicle (including its standard accessories, spare parts or components fitted to it) shown on the current Certificate of Motor Insurance and the details of which have been disclosed to us. The insured is also covered to drive any replacement vehicle loaned to them by a garage or vehicle repairer as long as it is of the same specification (i.e. commercial or private) and the engine size is no greater than 500cc in excess of the engine size of the insured vehicle. Any persons described in the effective Certificate of Motor Insurance under Section 6 - Drivers, or Classes of Drivers, whose driving is covered. We, our, us, insurer means Euro Insurances DAC whose head office and registered address is XxxxxXxxx Xxxxx, Xxxxxxx Xxxx, Xxxxxxxxxxxx Xxxxxx 00, and is regulated by the Central Bank of Ireland. You, your, means the person named as the insured on the Schedule and/or as the policyholder on the Certificate of Insurance, i.e. the person in whose name and address the policy of insurance has been issued.
Sample 1
Insured Vehicle. The automotive unit described in the Policy title page, including the parts or accessories that the Manufacturer originally adapts to each model and specific type on the market. A vehicle that has a certificate or original invoice issued by an authorized Mexican dealership. A vehicle whose age is greater than 24 years, but its condition, preservation, care and special manufacture or reconditioning is subject to insurance. Said vehicle must have a classic automobile license plate issued by the competent authority.
Sample 1
AutoNDA by SimpleDocs
Insured Vehicle. The vehicle designated in the motor policy provided that: ⋅ The vehicle is not used for public transport of persons or merchandise, for hire with or without driver. ⋅ The vehicle does not exceed 3,500 kilograms in weight. ⋅ The vehicle is not more than eight (8) years old. The mailing address designated on the policy schedule, provided the same is within the Republic of the Philippines.
Sample 1

Related to Insured Vehicle

  • Mortgaged Property The real property securing repayment of the debt evidenced by a Mortgage Note.

  • REO Property (a) In the event the Trust Fund acquires ownership of any REO Property in respect of any Mortgage Loan, the deed or certificate of sale shall be issued to the Trustee, or to its nominee, on behalf of the Certificateholders. The Master Servicer shall use its reasonable best efforts to sell, or cause the applicable Servicer, to the extent provided in the applicable Servicing Agreement any REO Property as expeditiously as possible and in accordance with the provisions of this Agreement and the related Servicing Agreement, as applicable, but in all events within the time period, and subject to the conditions set forth in Article X hereof. Pursuant to its efforts to sell such REO Property, the Master Servicer shall protect and conserve, or cause the applicable Servicer to protect and conserve, such REO Property in the manner and to such extent required by the applicable Servicing Agreement, subject to Article X hereof. (b) The Master Servicer shall deposit or cause to be deposited all funds collected and received by it, or recovered from any Servicer, in connection with the operation of any REO Property in the Collection Account. (c) The Master Servicer and each Servicer, upon the final disposition of any REO Property, shall be entitled to reimbursement for any related unreimbursed Advances and other unreimbursed advances as well as any unpaid Master Servicing Fees or Servicing Fees from Liquidation Proceeds received in connection with the final disposition of such REO Property; provided, that (without limitation of any other right of reimbursement that the Master Servicer or any Servicer shall have hereunder) any such unreimbursed Advances as well as any unpaid Net Master Servicing Fees or Servicing Fees may be reimbursed or paid, as the case may be, prior to final disposition, out of any net rental income or other net amounts derived from such REO Property. (d) The Liquidation Proceeds from the final disposition of the REO Property, net of any payment to the Master Servicer and the applicable Servicer as provided above, shall be deposited in the Collection Account on or prior to the Determination Date in the month following receipt thereof and be remitted by wire transfer in immediately available funds to the Trustee for deposit into the Certificate Account on the next succeeding Master Servicer Remittance Date.

  • Mortgaged Property Undamaged; No Condemnation Proceedings There is no proceeding pending or threatened for the total or partial condemnation of the Mortgaged Property. The Mortgaged Property is undamaged by waste, fire, earthquake or earth movement, windstorm, flood, tornado or other casualty so as to affect adversely the value of the Mortgaged Property as security for the Mortgage Loan or the use for which the premises were intended and each Mortgaged Property is in good repair. There have not been any condemnation proceedings with respect to the Mortgaged Property and the Seller has no knowledge of any such proceedings in the future;

  • Mortgaged Property Undamaged The Mortgaged Property is undamaged by waste, fire, earthquake or earth movement, windstorm, flood, tornado or other casualty so as to affect adversely the value of the Mortgaged Property as security for the Mortgage Loan or the use for which the premises were intended;

  • Restoration of Mortgaged Property The Company need not obtain the approval of the Purchaser prior to releasing any Insurance Proceeds or Condemnation Proceeds to the Mortgagor to be applied to the restoration or repair of the Mortgaged Property if such release is in accordance with Accepted Servicing Practices. For claims greater than $15,000, at a minimum the Company shall comply with the following conditions in connection with any such release of Insurance Proceeds or Condemnation Proceeds: (i) the Company shall receive satisfactory independent verification of completion of repairs and issuance of any required approvals with respect thereto; (ii) the Company shall take all steps necessary to preserve the priority of the lien of the Mortgage, including, but not limited to requiring waivers with respect to mechanics' and materialmen's liens; (iii) the Company shall verify that the Mortgage Loan is not in default; and (iv) pending repairs or restoration, the Company shall place the Insurance Proceeds or Condemnation Proceeds in the Escrow Account. If the Purchaser is named as an additional loss payee, the Company is hereby empowered to endorse any loss draft issued in respect of such a claim in the name of the Purchaser.

  • DISPOSITION OF EQUIPMENT The Grantee shall provide to the State, not less than 30 calendar days prior to submission of the final invoice, an itemized inventory of equipment purchased with funds provided by the State. The inventory shall include all items with a current estimated fair market value of more than $5,000.00 per item. Within 60 calendar days of receipt of such inventory the State shall provide the Grantee with a list of the items on the inventory that the State will take title to. All other items shall become the property of the Grantee. The State shall arrange for delivery from the Grantee of items that it takes title to. Cost of transportation, if any, shall be borne by the State.

  • Collateral Subject to the terms of the applicable Collateral Documents, to secure the payment and performance of the Obligations hereunder, pursuant to a Collateral Account Pledge, a Security Agreement, the related financing statements and the other related documents, the Guarantor shall grant, and shall pledge and/or assign by way of security, to the Administrative Agent, for the benefit of each of the Secured Parties, as applicable, a first priority, security interest and Xxxx in and on its interests in the following, whether now owned or hereafter acquired or arising: (i) any and all Unfunded Capital Commitments of the Investors, whether now or hereafter committed, including but not limited to the right to draw down Investor Capital Contributions on such Unfunded Capital Commitments from such Investors and to issue Investor Capital Calls with respect thereto; (ii) to the extent relating to the Unfunded Capital Commitments of the Investors constituting Collateral in clause (i) above, (x) the Constituent Documents, (y) the Subscription Agreements and Side Letters, if any, of such Investors and (z) any and all guaranties of such Investors’ obligations under the Constituent Documents and Subscription Agreements including but not limited to, in each case of clauses (x), (y) and (z), any and all representations, warranties, covenants and other agreements of such Investors or guarantors contained therein, any and all duties and obligations of such Investors or guarantors thereunder and any and all rights to compel performance and enforce the provisions thereof against such Investors or guarantors and otherwise pursue remedies against such Investors or guarantors with respect thereto; (iii) any and all agreements, instruments and other documents of every kind or description to the extent evidencing or supporting obligations under any of the foregoing Collateral and any and all security and other property with respect to such Collateral; (iv) each Collateral Account, including but not limited to any and all funds and financial assets on deposit therein or credited thereto; and (v) any and all proceeds of any of the foregoing Collateral including, without limitation, all of the records of the Guarantor concerning any of the foregoing Collateral; excluding (A) any funds properly withdrawn from a Collateral Account (or that could be withdrawn pursuant to the Credit Agreement if deposited or credited to a Collateral Account) to the extent used, pursuant to the terms of the Guarantor’s Governing Documents, to purchase Portfolio Investments (other than Permitted Investments deposited in or credited to any such account), to make payments or distributions to Investors in accordance with the terms hereof or for any other purpose permitted under the Guarantor’s Governing Documents and this Credit Agreement, and (B) the proceeds of such withdrawn funds (the items in (A) and (B), collectively “Excluded Proceeds”). Notwithstanding the foregoing or anything to the contrary in this Credit Agreement or any other Loan Document (i) the term “Collateral” shall not include the Unfunded Capital Commitments of the SOX Insiders, including but not limited to the right to draw down Investor Capital Contributions on such Unfunded Capital Commitments, or any other interests of the SOX Insiders, if any, unless so elected by the Guarantor in its discretion, (ii) the term “Collateral” shall not include any Portfolio Investment, any Portfolio Assets or any Excluded Proceeds, (iii) the term “Collateral” shall not include any collateral posted or received in connection with the Swap Agreements, (iv) the Collateral may be subject to Permitted Liens, (v) a Borrower or the Guarantor may maintain other bank accounts or securities accounts in addition to the Collateral Accounts that will not be considered “Collateral” and such other accounts shall not be subject to control agreements or other restrictions and (vi) the Administrative Agent and the Secured Parties shall not have any Lien on any property that is not “Collateral”, except in connection with any Swap Agreement, as provided therein.

  • Real Estate Collateral In the event that following the Issue Date, any Grantor shall acquire any fee simple ownership interest in any parcel of Real Property (except to the extent subject to a Lien permitted by clauses (d), (g), (j) or (p) (as it relates to any of the foregoing) of the definition of “Permitted Liens” in the Indenture to the extent the documentation relating to such Lien prohibits the granting of a Lien thereon to secure the Secured Obligations) with a Fair Market Value in excess of $5,000,000 as of the date of acquisition (a “Specified Real Property”), such Grantor shall provide a Mortgage in favor of the Collateral Agent in such Specified Real Property within 120 days following the date of acquisition thereof. In the event that any Permitted Additional Pari Passu Obligations are incurred following the date any Mortgage is provided, the Grantors shall notify the Collateral Agent thereof in writing and within 120 days following such incurrence take all such action as may be reasonably required to amend each then existing Mortgage in order to ensure that such Permitted Additional Pari Passu Obligations are secured by such Mortgage. In connection with the provision of any new Mortgage or any amendment to any Mortgage pursuant to this Section 3, the related Grantors will provide (a) an Opinion of Counsel stating that such Mortgage creates an enforceable Lien on the applicable Specified Real Property in favor of the Collateral Agent or, if applicable, the relevant Additional Pari Passu Agent, to secure the Secured Obligations, subject to the assumptions and qualifications specified therein, and (b) UCC-1 fixture filings relating to such Specified Real Property filed in the appropriate filing office.

  • Insurer The Insurer shall be bound only by the terms of the Policy. Any payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all entities or persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this Agreement.

  • Operation of Mortgaged Property Hold, lease, develop, manage, operate or otherwise use the Mortgaged Property upon such terms and conditions as Mortgagee may deem reasonable under the circumstances (making such repairs, alterations, additions and improvements and taking other actions, from time to time, as Mortgagee deems necessary or desirable), and apply all Rents and other amounts collected by Mortgagee in connection therewith in accordance with the provisions of Section 5.7.

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