Covered Risks definition

Covered Risks. As defined in Section 3.07(a).

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Covered Risks means the risks specified in Chapter 3 of Part 1 (The Imports Facility) and Part 2 (The Exports Facility) of the Operations Manual (as hereinafter defined) and defined in the general conditions of insurance included in the Standard Form of Insurance Contract (as hereinafter defined), and includes such other risks as may be agreed upon by the Association and ATI at any time;

Covered Risks means the risks, matters and circumstances that this policy protects you against. These are described in the section called Covered Risks.

Examples of Covered Risks in a sentence

• If any of the Covered Risks are determined by the Master Servicer to be excluded from coverage, the Master Servicer shall request the Mortgagor to either (i) purchase insurance acceptable to the Master Servicer in accordance with the Servicing Standard and in accordance with the related loan documents covering such Covered Risks or (ii) provide a written explanation as to its reasons for failing to purchase such insurance.

• If the Stated Principal Balance of the Serviced Loan is greater than $20,000,000, then the Master Servicer must determine that the circumstances in both clauses (1) and (2) of the immediately preceding sentence apply prior to waiving the Mortgagor's requirement to procure insurance with respect to any Covered Risks.

• If the Stated Principal Balance of the Loan is greater than $20,000,000, then the Master Servicer must determine that the circumstances in both clauses (1) and (2) of the immediately preceding sentence apply prior to waiving the Mortgagor's requirement to procure insurance with respect to any Covered Risks.

• The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Exhibit A attached.

• If any of the Covered Risks are determined by the Master Servicer to be excluded from coverage, the Master Servicer shall request the Mortgagor to either (i) purchase insurance acceptable to the Master Servicer in accordance with the Servicing Standard and in accordance with the related Loan documents covering such Covered Risks or (ii) provide a written explanation as to its reasons for failing to purchase such insurance.

• Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A.

• Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Attachment One.

• I certify that I have full knowledge of the nature and extent of the Covered Risks inherent in my guest stay at GGI properties, using any of GGI’s facilities or participating in any of its programs and that I am voluntarily assuming said risks.

• In consideration of receiving services during my guest stay at GGI, I agree to INDEMNIFY AND HOLD HARMLESS Releasees from any and all causes of action, claims, demands, losses, or costs of any nature whatsoever arising out of or related to the Covered Risks and resulting from or in any way related to my presence at or use of any of GGI’s properties or participation in any of GGI’s programs or exposure to or from other members to Coronavirus or COVID-19 or other viruses.

• I understand that I will be solely responsible for any loss or damage, including personal injury, property damage, or death arising out of or related to the Covered Risks, I sustain while being present at GGI’s properties, using any of its facilities or participating in any of its programs.

More Definitions of Covered Risks

Covered Risks means the risks specified in the Facility’s Operational Rules and defined in the Guarantee Contract;

Covered Risks means the risks specified in the Operations Manual (as hereinafter defined) and defined in the relevant general conditions of an Insurance Contract or a Contract of Guarantee that may be issued by ATI to an Insured from time to time and includes such other risks as may be agreed upon in writing by the Association and ATI at any time.

Covered Risks means the risks defined in the General Conditions of Insurance (as hereinafter defined) included in the Standard Form of Insurance Contract (as hereinafter defined) and covered by a contract or a policy for Political Risk Insurance, Exporter Performance Insurance, or Credit Insurance (as these terms are hereinafter defined) under Parts A, C, and D, respectively, of the Project, and includes such other similar risks as may be agreed upon by the Managing Board of SMECA and the Association at any time;

Covered Risks means the risks specified in Part A.2 of the Project, as each of these risks will be defined in the Standard Form of Earthquake Insurance Policy (as hereinafter defined) and will be included in each Earthquake Insurance Policy (as hereinafter defined) and includes such other catastrophic risks as may be agreed upon by the Bank.

Covered Risks means the risks specified in Part A.1 of the Project, as each of these risks is defined in the General Conditions of Guarantee included in the Standard Form of Guarantee Contract and covered by each Guarantee Contract and includes such other similar risks as may be agreed upon from time to time by the Association;

Covered Risks means the risks specified in Part A.1 of the Project, as each of these risks is defined in the General Conditions of Guarantee included in the Standard Form of Guarantee Contract and covered by each Guarantee Contract and includes such other similar risks as may be agreed upon by the Administrator.