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 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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Examples of Assignment of Insurance Proceeds in a sentence

  • 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.

  • The Borrower fails to enter into the Assignment of Insurance Proceeds (if applicable) within 60 days of the Satellite suffering a Total Loss or Constructive Total Loss except in circumstances where the Contract is cancelled, repudiated or terminated prior to the expiry of those 60 days.

  • 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.

  • Any such prepayment shall include but shall not be limited to the amount of any payments applied pursuant to, respectively, the Délégation or the Assignment of Insurance Proceeds.

  • 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.

  • The Borrower fails to enter into the Assignment of Insurance Proceeds and (if applicable) within 60 days of the Satellite suffering a Total Loss or Constructive Total Loss except in circumstances where the Contract is cancelled, repudiated or terminated prior to the expiry of those 60 days.

  • On or before September 26, 2004, ALHI shall purchase key man insurance on Keith St. Clair with a xxxx xxxxnt of at least $3,000,000 naming the Xxxxxny as beneficiary and assign all such rights and benefits under the insurance policy to Lender pursuant to an Assignment of Insurance Proceeds in the form of Schedule 4.6 hereto which shall also be duly executed and delivered by ALHI to the Lender on or before September 26, 2004.

  • Terms defined in the Assignment of Insurance Proceeds shall have, when used in this consent to assignment, the same meaning herein as therein unless the context otherwise requires.

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

  • F158 Pursuant to the Assignment of Insurance Proceeds dated 7 February 2000, Chaparral Resources, Inc.


More Definitions of Assignment of Insurance Proceeds

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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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.
Sample 1
Assignment of Insurance Proceeds means the document in the form of Schedule 3 (Form of Assignment of Insurance Proceeds).
Sample 1

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 10.05.

  • 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 has the meaning set forth in Section 6.15.

  • 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 each collateral assignment of insurance pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s rights under key-man life, business interruption or other insurance policies as Agent deems appropriate, as security for the Obligations.

  • 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 municipal bond insurance policy, if any, issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds and constitutes a Bond Facility under the Indenture.

  • 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 Financial Guaranty Insurance Policy No. CA01172A, and all endorsements thereto dated the Closing Date, issued by the Certificate Insurer for the benefit of the Class AF-3 Certificateholders.

  • 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.