MORAL HAZARD Sample Clauses

MORAL HAZARD. No contribution notice or financial support direction under the Pensions Act 2004 has been issued to the Seller in relation to the Business or to any other person in respect of the Pension Scheme and there is no fact or circumstances likely to give rise to any such notice or direction.
Sample 1
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MORAL HAZARD. 39.1 Unless otherwise prohibited under Compulsory Rules and in accordance with the provisions of Recital (94) of the AIFM Regulation, the Depositary may be relieved of the liability resulting from this Agreement in relation to any investment knowingly made or maintained by the AIFM without sufficient and reasonable consideration of the (custody) risks attached to such investments and more generally without sufficient and reasonable consideration of the liability borne in relation to such investments by the Depositary pursuant to Compulsory Rules.
Sample 1
MORAL HAZARD. No person with which the Company is connected or of which the Company is an associate participates, or has participated, as an employer in an occupational pension scheme other than a money purchase scheme (as defined in section 181 of the Pensions Scheme Act 1993). For the purposes of this paragraph, “connected” and “associate” are to be interpreted in accordance with sections 249 and 435 of the Insolvency Xxx 0000.
Sample 1
MORAL HAZARD. The presence of moral hazard is largely responsible for inducing the two-part structure of health insurance. This makes it important to show that moral hazard does not change the implications we have developed. Absent any other market failures, moral hazard leads to a second-best equilibrium. Monopoly with two-part health insurance also achieves this competitive outcome. Studying the moral hazard problem requires incorporating some additional consumer heterogeneity. We continue to assume that consumers are indexed by h ∈[0,1] , and distributed uniformly over this interval. We also keep the assumption that the fraction fall sick, or all consumers for whom h ≤ σ . Sick consumers place value on the medical care good, while healthy consumers do not. Therefore, insurers can easily distinguish healthy from sick patients. However, information on the severity of illness is incomplete. Patients with lower values of h are sicker, but the insurer cannot observe this. Therefore, even though they may benefit from more insurance than the less ill patients, there is no way for the insurer to make payments contingent on actual underlying health state. Payments can only be contingent on the consumer’s observed decision to purchase the medical good or not. It is impossible to insure all consumers fully. The result is a second-best solution, where the insurer charges co-payments below marginal cost. This results in “over-utilization” relative to the first-best, but this is a welfare-enhancing means of delivering some additional insurance in the face of informational incompleteness.
Sample 1
MORAL HAZARD. The Sellers covenant to pay to the Purchaser an amount equal to any liability of the Group Companies arising out of the exercise, or proposed exercise by the Pensions Regulator of any of its powers under sections 38-51 of the Pensions Xxx 0000 to issue a contribution notice or a financial support direction to any of them requiring the recipient to contribute or provide financial support to the E.ON UK Group Pension Scheme. For the avoidance of doubt, any investigation, determination, proceedings, decisions or regulatory action taken or threatened to be taken by the Pensions Regulator shall be a “Third Party Claim” for the purposes of Clause 11.5 (Conduct of Third Party Claims) of this Agreement.
Sample 1
MORAL HAZARD. This Agreement may be terminated by KMGT upon the occurrence of a Moral Hazard Event in relation to the Primary Mortgage Lender and KMGT gives notice to the Primary Mortgage Lender of its intention to terminate this Agreement.
Sample 1
MORAL HAZARD. An individual Guarantee Cover may be terminated by KMGT if a Moral Hazard Event occurs in relation to the Mortgage Loans covered under that Guarantee Cover, and KMGT gives notice to the Primary Mortgage Lender of its intention to terminate the Guarantee Cover.
Sample 1
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MORAL HAZARD. An individual Mortgage Loan may be terminated by KMGT if a Moral Hazard Event occurs in relation to that Mortgage Loan, and KMGT gives notice to the Primary Mortgage Lender of its intention to terminate the guarantee in respect of that Mortgage Loan.
Sample 1

Related to MORAL HAZARD

  • Environmental Hazards Each Party will be solely responsible at its own expense for the proper handling, storage, transport, treatment, disposal and use of all Hazardous Substances by such Party and its contractors and agents. “Hazardous Substances” includes those substances (i) included within the definition of hazardous substance, hazardous waste, hazardous material, toxic substance, solid waste or pollutant or contaminant under any Applicable Law and (ii) listed by any governmental agency as a hazardous substance.

  • Special Hazard Loss Amount $ 0.00 --------------

  • Rectification of Safety Hazard Where, because of the existence of a safety hazard, a site has been stopped for a defined period of time and Employees sent off site by agreement between Site Managers and any combination of Union Official/s, Health and Safety Committee, those people who remain on site to do rectification work will be paid at the rate of double time for all such work.

  • Standard Hazard and Flood Insurance Policies For each Mortgage Loan (other than a Cooperative Loan), the Master Servicer shall maintain, or cause to be maintained by each Servicer, standard fire and casualty insurance and, where applicable, flood insurance, all in accordance with the provisions of this Agreement and the related Servicing Agreement, as applicable. It is understood and agreed that such insurance shall be with insurers meeting the eligibility requirements set forth in the applicable Servicing Agreement and that no earthquake or other additional insurance is to be required of any Mortgagor or to be maintained on property acquired in respect of a defaulted loan, other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance. Pursuant to Section 4.01, any amounts collected by the Master Servicer, or by any Servicer, under any insurance policies maintained pursuant to this Section 9.16 or any Servicing Agreement (other than amounts to be applied to the restoration or repair of the property subject to the related Mortgage or released to the Mortgagor in accordance with the applicable Servicing Agreement) shall be deposited into the Collection Account, subject to withdrawal pursuant to Section 4.02. Any cost incurred by the Master Servicer or any Servicer in maintaining any such insurance if the Mortgagor defaults in its obligation to do so shall be added to the amount owing under the Mortgage Loan where the terms of the Mortgage Loan so permit; provided, however, that the addition of any such cost shall not be taken into account for purposes of calculating the distributions to be made to Certificateholders and shall be recoverable by the Master Servicer or such Servicer pursuant to Section 4.02.

  • Electronic Protected Health Information “Electronic Protected Health Information” means individually identifiable health information that is transmitted by or maintained in electronic media.

  • Denial/Restoral OSS Charge In the event <<customer_name>> provides a list of customers to be denied and restored, rather than an LSR, each location on the list will require a separate PON and, therefore will be billed as one LSR per location. <<customer_name>> will incur an OSS charge for an accepted LSR that is later canceled by <<customer_name>>. Note: Supplements or clarifications to a previously billed LSR will not incur another OSS charge. <<customer_name>> will incur the mechanized rate for all LSRs, both mechanized and manual, if the percentage of mechanized LSRs to total LSRs meets or exceeds the threshold percentages shown below: Year Ratio: Mechanized/Total LSRs 2000 80% 2001 90% The threshold plan will be discontinued in 2002. BellSouth will track the total LSR volume for each CLEC for each quarter. At the end of that time period, a Percent Electronic LSR calculation will be made for that quarter based on the LSR data tracked in the LCSC. If this percentage exceeds the threshold volume, all of that CLEC’s future manual LSRs for the following quarter will be billed at the mechanized LSR rate. To allow time for obtaining and analyzing the data and updating the billing system, this billing change will take place on the first day of the second month following the end of the quarter (e.g. May 1 for 1Q, Aug 1 for 2Q, etc.). There will be no adjustments to the amount billed for previously billed LSRs. Resale Discount Resale Discount Resale Discount Resale Discount Resale Discount Resale Discount Resale Discount Resale Discount Resale Discount 1 Grandfathered Services (Note 1) Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes 8 Mobile Services Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No 9 Federal Subscriber Line Charges Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No 11 End User Line Chg- Number Portability Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No 12 Public Telephone Access Svc(PTAS) Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes 13 Inside Wire Maint Service Plan Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No Applicable Notes:

  • Amendment of Protected Health Information 8.1 To the extent Covered Entity determines that any Protected Health Information is maintained by Business Associate or its agents or Subcontractors in a Designated Record Set, Business Associate shall, within ten (10) business days after receipt of a written request from Covered Entity, make any amendments to such Protected Health Information that are requested by Covered Entity, in order for Covered Entity to meet the requirements of 45 C.F.R. § 164.526. 8.2 If any Individual requests an amendment to Protected Health Information directly from Business Associate or its agents or Subcontractors, Business Associate shall notify Covered Entity in writing within five (5) days of the receipt of the request. Whether an amendment shall be granted or denied shall be determined by Covered Entity.

  • Protected Health Information “Protected Health Information” shall have the same meaning as the term “protected health information” in Section 160.103 and is limited to the information created or received by Contractor from or on behalf of County.

  • Flood Zone None of the Improvements on the Property are located in an area as identified by the Federal Emergency Management Agency as an area having special flood hazards, or, if so located, the flood insurance required pursuant to Section 6.1(a)(i) is in full force and effect with respect to the Property.

  • ACCESS TO PROTECTED HEALTH INFORMATION 7.1 To the extent Covered Entity determines that Protected Health Information is maintained by Business Associate or its agents or Subcontractors in a Designated Record Set, Business Associate shall, within two (2) business days after receipt of a request from Covered Entity, make the Protected Health Information specified by Covered Entity available to the Individual(s) identified by Covered Entity as being entitled to access and shall provide such Individuals(s) or other person(s) designated by Covered Entity with a copy the specified Protected Health Information, in order for Covered Entity to meet the requirements of 45 C.F.R. § 164.524. 7.2 If any Individual requests access to Protected Health Information directly from Business Associate or its agents or Subcontractors, Business Associate shall notify Covered Entity in writing within two (2) days of the receipt of the request. Whether access shall be provided or denied shall be determined by Covered Entity. 7.3 To the extent that Business Associate maintains Protected Health Information that is subject to access as set forth above in one or more Designated Record Sets electronically and if the Individual requests an electronic copy of such information, Business Associate shall provide the Individual with access to the Protected Health Information in the electronic form and format requested by the Individual, if it is readily producible in such form and format; or, if not, in a readable electronic form and format as agreed to by Covered Entity and the Individual.

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