Assignment of Reinsurances definition

Assignment of Reinsurances means any assignment of reinsurances entered into, or to be entered into, as the context may require between any Insurer and the Lessor in respect of the Reinsurances (other than third party liability reinsurances) in form and substance satisfactory to the Lessor, the Insurer and the Lessee;

Assignment of Reinsurances means, in respect of an Aircraft, each assignment of reinsurances that may from time to time be entered into between the relevant Insurer, as assignor, and the Owner (or, if applicable, Owner Trustee) and/or Intermediate Lessor of such Aircraft, as assignee, or the Lessee or any Sub-Lessee, as assignee, in relation to the benefit of the Insurances (to the extent of the reinsurances, other than liability reinsurances), together with all notices and acknowledgements to be given or issued thereunder;

Assignment of Reinsurances means each Assignment of Reinsurances, substantially in the form of Exhibit E-9, executed by any Loan Party in favor of the Collateral Agent.

Examples of Assignment of Reinsurances in a sentence

• Deed of Assignment of Reinsurances dated 16 September 2010 with Credit Agricole Corporate & Investment Bank and Oman United Insurance Company SAOG.

• For the purpose of conduct of claims and application of proceeds under any Reinsurance taken out by a Direct Insurer, references to delivery of an Enforcement Notice in this Clause 5 shall include delivery of the notice referred to in Clause 2.2.1 (Enforcement of Assignment) of the Assignment of Reinsurances to such Direct Insurer following an “Insolvency Event” (as defined in the Assignment of Reinsurances).

• MAB / MIAC, Before you sign the dotted line, Ensuring contracts can be managed, Report No. 23, 1997, p.

• As of the Closing Date, no filing, recordation, re-filing or re-recording other than those listed on Exhibit Q is necessary to perfect and maintain the perfection of the interest, title or Liens of the Collateral Documents or the Assignment of Reinsurances.

• The Reinsurers acknowledge that by an assignment contained in the Assignment of Reinsurances dated [ ] between the Reinsured and the Security Agent (the “Assignment”), Reinsured assigned by way of security to the Secured Parties all benefits and rights in respect of this insurance and all claims and returns of premiums in respect thereof to which the Reinsured or Insured is or may at a future time become entitled.

More Definitions of Assignment of Reinsurances

Assignment of Reinsurances means each Assignment of Reinsurances, substantially in the form of Exhibit E-9 , executed by each applicable insurer in favor of the Collateral Agent.

Assignment of Reinsurances means any first ranking assignment of reinsurances between a Direct Insurer and the Security Agent.

Assignment of Reinsurances means the first ranking assignment of reinsurances dated 12 August 2010 between each Direct Insurer and the Security Agent.

Assignment of Reinsurances means an assignment of reinsurances dated on or about the Closing Date between each Direct Insurer and the Security Agent.

Assignment of Reinsurances means any first ranking assignment of reinsurances between a Direct Insurer and the Security Agent, including, without limitation, the assignment agreement dated 9 September 2015 between QBE Insurance (International) Limited Macau Branch as assignor and the Security Agent.

Assignment of Reinsurances means, if required in connection with any subleasing of the Aircraft pursuant to clause 9.3(d), an Assignment of Reinsurances, dated on or about the date of the proposed sublease, between Lessor and the relevant Permitted Sublessee’s insurer or insurance broker, as the case may be, together with the Notice and Acknowledgment relating thereto and entered into among each of the foregoing persons and acknowledged by the relevant Permitted Sublessee’s reinsurer or reinsurance broker, as the case may be.

Assignment of Reinsurances means (if required by the Lessor) the assignment of Reinsurances dated on or about the Delivery Date by the Insurers in favor of the Lessor or the Security Trustee as the case may be.