Assignment of Insurance Proceeds definition

Assignment of Insurance Proceeds means the document in the form of Schedule 8 (Form of Assignment of Insurance Proceeds).
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Assignment of Insurance Proceeds shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.
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Assignment of Insurance Proceeds means any assignment by way of security in favour of the Noteholders of receivables arising from the Insurance Policies, which may be entered into as an alternative to the Endorsement of Insurance Policies.
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Examples of Assignment of Insurance Proceeds in a sentence

  • However, intradermally administered influenza vaccination(s) and enhanced immunogenicity are subject to the maximum benefit the Plan allows for intramuscular injectable influenza vaccine without thimerasol per Covered Person per Calendar Year.

  • Both Sable Cove and Edge complained to defendant about this wrongful failure to pay.On February 7, 2014, Sable Cove and Edge entered into a Post-Loss Assignment of Insurance Proceeds wherein Sable Cove assigned to Edge its unpaid, post-loss policy benefits of $153,417.02 for the subject overhead and profit for the workthat has already been completed.

  • The Maryland Plaintiffs would not have entered into the Consolidated Intercreditor Agreement absent the pledge of the Insurance Proceeds, and Commerce would not have extended the Commerce Loan absent the Assignment of Insurance Proceeds between Waterland and Commerce and the Anderson Subordination Agreement between Commerce and Joann Anderson.

  • The execution of the Assignment of Insurance Proceeds by Waterland in favor of Commerce was required as part of the Commerce Loan because it was a high-risk transaction and the “insurance proceeds was a key factor in providing some form of return on this investment, and collateral for the loan.” See Tr. March 28, 2017, pp.

  • The Plaintiffs did not receive any of the Insurance Proceeds from either the Defendant or Waterland, despite provisions in the various loan documents assigning any insurance proceeds to the Plaintiffs and despite the priority scheme applicable to any insurance proceeds set forth in the Consolidated Intercreditor Agreement, the Assignment of Insurance Proceeds, and the Anderson Subordination Agreement.

  • Prior to submitting the Assignment of Insurance Proceeds form, the funeral home will want to verify that the policy is in place and confirm who are the beneficiaries under the policy.

  • Witness: Beneficiary (Name of Funeral Home) By: COUNTY OF , STATE OF , SS: Before me, a notary public, personally appeared , the above-named Beneficiary who acknowledged and executed the foregoing Assignment of Insurance Proceeds this day of , 20 .

  • Seim, DC, DACBN 20010 75th Avenue North Corcoran, MN 55340763-416-4878 Assignment of Insurance Proceeds If you have insurance, please sign this assignment of benefits agreement.

  • IN WITNESS WHEREOF, the Beneficiary and the Funeral Home have executed this Assignment of Insurance Proceeds on the date set forth below.

  • The insurance company did not make the $15,000 check co-payable to SBA, as requested in the Assignment of Insurance Proceeds (AIP) form signed by the borrower.


More Definitions of Assignment of Insurance Proceeds

Assignment of Insurance Proceeds the agreement entitled Assignment Agreement of even date herewith, among the Co-Borrowers and IFC, whereby each of the Co-Borrowers assigns to IFC all of its right, title and interest in and to all insurance proceeds under insurance policies insuring the IFC Security;
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Assignment of Insurance Proceeds means the document in the form of Schedule 3 (Form of Assignment of Insurance Proceeds).
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Assignment of Insurance Proceeds means the Assignment of Insurances made by the Companies in favor of the Lender respecting their interest in the Vessel, in the form of Exhibit O.
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Related to Assignment of Insurance Proceeds

  • Assignment of Insurances shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Insurance Proceeds With respect to each Mortgage Loan, proceeds of insurance policies insuring the Mortgage Loan or the related Mortgaged Property.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Insurance Proceeds Account has the meaning given to such term in the Accounts Agreement.

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Net Insurance Proceeds Insurance Proceeds, to the extent such proceeds are not to be applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the express requirements of the Mortgage or Note or other Loan Documents included in the Mortgage File or in accordance with the Servicing Standard, or with respect to the environmental insurance policy, applied to pay any costs, expenses, penalties, fines or similar items; provided that, in the case of an Outside Serviced Mortgage Loan, “Net Insurance Proceeds” under this Agreement shall be limited to any related Insurance Proceeds that are received by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations set forth in the related Co-Lender Agreement.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Commercial Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Commercial Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 47 of Schedule 4;

  • Insurance and Condemnation Proceeds shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Bond Insurance Policy means the financial guaranty insurance policy issued by the Bond Insurer insuring the payment when due of the principal of and interest on the Bonds as provided therein.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Assignment of Earnings shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • contract of insurance means an agreement between the Secretary of Education and either the Trustee or the Seller providing for the insurance by the Secretary of Education of the principal of and accrued interest on a FFELP Loan to the maximum extent permitted under the Higher Education Act.

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • Casualty insurance means liability insurance.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Evidence of coverage means any certificate, agreement or contract issued to an enrollee setting out the coverage to which the enrollee is entitled.

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Assignment of Contracts shall have the meaning provided in Section 5.07.