Control of Well Insurance definition

Control of Well Insurance control of well; underground blowout; cost of re-drilling/extra expense; seepage, pollution and clean up; deliberate well firing; care custody and control; and evacuation coverage; and with respect to “Comprehensive General Liability Insurance”: pollution liability; contractual liability; tortious liability; contractor’s protective liability; and products and completed operations liability.
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Control of Well Insurance with a limit of liability for its respective Participating Interest share of at least $[],000,000.00 (based on a 100% Participating Interest); and
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Control of Well Insurance. Such insurance shall be in the minimum amount of $20,000,000 for the total loss of a well.
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Examples of Control of Well Insurance in a sentence

  • He reported that since the prior meeting Endeavor has added Control of Well Insurance.

  • To the extent of its cost sharing interest Participant agrees to be covered by the Operator's Control of Well Insurance and Grantor agrees to make suitable arrangements in that regard.

  • This is not a realistic reflection of the performance of Booysendal as the current year’s unit costs were lower owing to the processing of the pre-production stockpile.

  • Control of Well On or prior to final completion, Control of Well Insurance including Unlimited Extended Redrilling / Restoration (subject to policy limit), Seepage, Pollution, Clean-up and Containment, Underground Blowout, Extra Expense, Evacuation Expenses, Deliberate Well Firing, Making Wellx Xxxe.

  • Sharp, Offshore Oil and Gas Insurance Ch. 3 Control of Well Insurance 66 (1994).86 16 CR 4091, 4102.87 3 CR 892 893; 2 CR 562 572; 15 CR 3982 3984; 2nd Supp.

  • To the extent of the respective cost sharing interests the parties agree to be covered by Operator’s Control of Well Insurance and Operator agrees to make suitable arrangements in that regard.

  • Such coverages may include, but shall not be limited to, the following: Commercial General Liability Insurance, Excess/Umbrella Liability Insurance, Operator’s Extra Expense Insurance, Control of Well Insurance, “All Risk” Property Insurance, Directors’ and Officers’ Liability Insurance, “Key Man” life insurance coverage for any Manager who is an individual, and other insurance coverages as may be necessary and appropriate to the prudent management of the Company.

Related to Control of Well Insurance

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • general insurance business means any class of insurance business other than long-term insurance business;

  • Industrial insured means an insured:

  • Blanket travel insurance means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Blanket insurance policy means a group policy covering a defined class of

  • 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.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Property Insurance is defined in Section 6.10(a).

  • Collateral Insurance shall have the meaning set forth in Section 4.4(a).

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • 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.

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • First party insurance means an insurance policy or contract in which the insurer

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

  • Airport hazard means any structure, object of natural growth, or use of land which obstructs the airspace required for the flight of aircraft in landing or taking off at an airport, or is otherwise hazardous to such landing or taking off of aircraft.

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

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Material Insurance Subsidiary means a Material Subsidiary that is also an Insurance Subsidiary.

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • Casualty insurance means liability insurance.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.