Assignment of Insurance definition

Assignment of Insurance means each assignment, between either a Co-Issuer or a Mortgaged Vessel Guarantor, as applicable, and the Collateral Trustee, dated the Issue Date or a Vessel Tender Date, as the case may be, as amended from time to time in accordance with the terms of this Indenture and substantially in the form of Exhibit G-2 hereto, together with the documents contemplated thereby, pursuant to which such Co-Issuer or Mortgaged Vessel Guarantor, as applicable, assigns its right, title and interest in, to and under all policies and contracts of insurance in respect of its Mortgaged Vessel as well as any proceeds of such insurance.

Assignment of Insurance each assignment, between either the Company or a Mortgaged Vessel Guarantor, as applicable, and the Administrative Agent, dated the Closing Date or a Vessel Tender Date, as the case may be, as amended from time to time in accordance with this Agreement and the other Loan Documents and substantially in the form of Exhibit K-2, together with the documents contemplated thereby, pursuant to which the Company or Mortgaged Vessel Guarantor, as applicable, assigns its right, title and interest in, to and under all policies and contracts of insurance in respect of its Mortgaged Vessel as well as any proceeds of such insurance.

Assignment of Insurance means a security agreement in the nature of an assignment of the Insurance in respect of the Vessel, to be given by the Borrower to and in favour of the Lender, in a form and content satisfactory to the Lender;

Examples of Assignment of Insurance in a sentence

• Topic #595 Assignment of Insurance BenefitsAssignment of insurance benefits is the process by which a specified party (for example, provider or policyholder) becomes entitled to receive payment for claims in accordance with the insurance company policies.

• Topic #595 Assignment of Insurance BenefitsAssignment of insurance benefits is the process by which a specified party (e.g., provider or policyholder) becomes entitled to receive payment for claims in accordance with the insurance company policies.

• At any time prior to (i) the date of successful completion of the In-Orbit Acceptance Review for the first Satellite or, if that does not occur, then (ii) the date when the Borrower executes the Assignment of Insurance Proceeds, the Contract is terminated or suspended or the Borrower or the Supplier repudiates the Contract, or the Borrower or Supplier defaults in the observance or performance of any of the material covenants or agreements contained in the Contract.

• Assignment of Insurance Benefits: I hereby authorize payment of medical benefits directly to Aulike Health Partners LLC.

• Assignment of Insurance Benefits: I hereby authorize payment of medical benefits directly to Xxxx Pediatrics.

More Definitions of Assignment of Insurance

Assignment of Insurance means each assignment, between either a Co-Issuer or a Future Mortgaged Vessel Guarantor, as applicable, and the Collateral Trustee, dated a Vessel Tender Date, as amended from time to time in accordance with the terms of this Indenture and substantially in the form of Exhibit G-2 hereto, together with the documents contemplated thereby, pursuant to which a Co-Issuer or such Future Mortgaged Vessel Guarantor, as applicable, assigns its right, title and interest in, to and under all policies and contracts of insurance in respect of its Future Mortgaged Vessel as well as any proceeds of such insurance.

Assignment of Insurance means each assignment, between either an Issuer or a Guarantor, as applicable, and the Trustee, dated the Closing Date or a Vessel Tender Date, as the case may be, as amended from time to time in accordance with the terms of this Indenture and substantially in the form required by this Indenture, together with the documents contemplated thereby, pursuant to which such Issuer or Guarantor, as applicable, assigns its right, title and interest in, to and under all policies and contracts of insurance in respect of its Mortgaged Vessel as well as any proceeds of such insurance.

Assignment of Insurance the Assignments of Insurance, each executed and delivered by [the appropriate Borrower], substantially in the form of Exhibit F, as the same may be amended, supplemented or otherwise modified from time to time.

Assignment of Insurance means an Assignment of Insurance substantially in the form attached hereto as Exhibit D.

Assignment of Insurance means each assignment, between either the Issuer or a Mortgaged Guarantor, as applicable, and the Security Agent, for the benefit of the Secured Parties under the Intercreditor Agreement, dated a Delivery Date (or such later date as permitted by this Indenture), as the case may be, as amended from time to time in accordance with the terms of this Indenture and substantially similar to the Assignment of Insurance entered into on the Issue Date, together with the documents contemplated thereby, pursuant to which the Issuer or Mortgaged Guarantor, as applicable, assigns its right, title and interest in, to and under all Obligatory Insurances and the Assigned Rights in connection therewith.

Assignment of Insurance means each assignment, between either the Issuer or a Mortgaged Guarantor, as applicable, and the Security Agent, for the benefit of the secured parties under the Intercreditor Agreement, dated a Delivery Date (or such later date as permitted by the indenture), as the case may be, as amended from time to time in accordance with the terms of the indenture and substantially in the form required by the indenture, together with the documents contemplated thereby, pursuant to which the Issuer or Mortgaged Guarantor, as applicable, assigns its right, title and interest in, to and under all Obligatory Insurances and the Assigned Rights in connection therewith.

Assignment of Insurance means the collateral assignment of insurance provided by the Corporation and the Subsidiary Guarantors to the Lender as security for the Obligations.