Account insurance definition

Account insurance means either the federal NCUA insurer or a state guaranty corporation which has been approved by the regulator who supervises the foreign credit union.

Examples of Account insurance in a sentence

  • Because we are not authorized to provide legal advice, we cannot counsel you as to how to structure your Accounts in order to maximize your Account insurance protection.

  • Borrower will, on reasonable demand of Lender, make available to Lender copies of shipping and delivery receipts evidencing the shipment of goods that gave rise to an Account, insurance verification forms, assignment of benefits, in-take forms or other proof of the satisfactory performance of services that gave rise to an Account, a copy of the claim or invoice for each Account and copies of any written contract or order from which the Account arose.

  • The MSDC shall cause Amtrak or others performing force account work to carry Force Account insurance covering bodily injury, legal liability, liability assumed under this Agreement and property damages resulting from any acts, errors or omissions for the work performed by their employees in connection with this Agreement.

  • Lessee shall, promptly after receiving notice from the administrative agent, deposit an amount equal to the shortfall if the amounts in the Lock-Box Account (insurance subaccount) are not sufficient to pay the total of the insurance bills.

  • The ING Cash Account insurance is linked to an account and can only be taken out once per account.

  • If an employee chooses a District approved H.S.A. (Health Savings Account) insurance plan, the district will contribute the difference between the negotiated (capped) premium contribution amount in the contract and the total cost of premiums for all coverage elected by the employee to a qualified health savings account (H.S.

  • In addition, and if authorized by the Company, an Executive may also direct the Trustee in writing to purchase with the vested accrued benefits in his Account insurance on the life of the Executive from an insurance company licensed to do business under the insurance laws of the State of California.

  • Without limiting the Tenant's indemnification of County and during the term of this Agreement, and until all of its obligations pursuant to this Agreement have been met, Tenant shall provide and maintain at its own expense, (except as provided for as an Operating Expense and is to be paid from the Operating Expense Account), insurance coverage satisfying the requirements specified in this Agreement.