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

  • We will provide you with Cover against all of the following Covered Risks, if the circumstances creating or giving rise to these risks existed or occurred before the Policy Date.

  • 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.

  • The Policy only provides cover for the Covered Risks if the circumstances creating or giving rise to the risks existed or occurred before the Policy Date or during the Registration Period.

  • We insure you against Actual Loss sustained or incurred in relation to the Covered Risks up to the Policy Amount.

  • 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.

  • An act, payment or proceeding to eliminate a matter included within the Covered Risks but not excluded by the Exclusions from Coverage or identified in Schedule B.

  • We will provide you with Cover against all of the following Covered Risks if the circumstances creating or giving rise to these risks existed or occurred before the Policy Date.

  • Section 2.1(i) – (ii): Risks occurring before the Policy Date and during the Registration Period We will provide you with Cover against all of the following Covered Risks, if the circumstances creating or giving rise to these risks existed or occurred before the Policy Date.

  • COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B, AND THE CONDITIONS, BLANK TITLE INSURANCE COMPANY, aBlank corporation (the “Company”) insures as of Date of Policy and, to the extent stated in Covered Risks 11, 13, and 14, after Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the Insured by reason of:1.

  • 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.


More Definitions of Covered Risks

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

  • Insured Risks means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

  • Country Risks means with respect to any Foreign Depository: (a) the financial infrastructure of the country in which it is organized, (b) such country's prevailing custody and settlement practices, (c) nationalization, expropriation or other governmental actions, (d) such country's regulation of the banking or securities industry, (e) currency controls, restrictions, devaluations or fluctuations, and (f) market conditions which affect the order execution of securities transactions or affect the value of securities.

  • War Risks means any event specified in paragraphs (a) and (b) of CC Sub-Clause 37.1 and any explosion or impact of any mine, bomb, shell, grenade or other projectile, missile, munitions or explosive of war, occurring or existing in or near the country (or countries) where the Site is located.

  • operational risk means the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events, and includes legal risk;

  • Sustainability Risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment;

  • Country Risk means all factors reasonably related to the systemic risk of holding Foreign Assets in a particular country including, but not limited to, such country’s political environment, economic and financial infrastructure (including any Eligible Securities Depository operating in the country), prevailing or developing custody and settlement practices, and laws and regulations applicable to the safekeeping and recovery of Foreign Assets held in custody in that country.

  • Minimal risk means that the probability and magnitude of harm or discomfort anticipated in the research are not greater in and of themselves than those ordinarily encountered in daily life or during the performance of routine physical or psychological examinations or tests.

  • Low risk means normal, uncomplicated prenatal course as determined by adequate prenatal care and prospects for a normal, uncomplicated birth as defined by reasonable and generally accepted criteria of maternal and fetal health.

  • excess risks means, in relation to a Ship, the proportion of claims for general average, salvage and salvage charges not recoverable under the hull and machinery policies in respect of the Ship in consequence of its insured value being less than the value at which the Ship is assessed for the purpose of such claims;

  • fall risk means any potential exposure to falling either from, off or into;

  • All Risk property insurance on a full replacement cost basis insuring CLEC’s property situated on or within any CenturyLink Premises. CLEC may elect to insure business interruption and contingent business interruption, as it is agreed that CenturyLink has no liability for loss of profit or revenues should an interruption of service occur.

  • high risk breach means that the threshold for notifying the individual is higher than that for notifying the relevant supervisory authority.

  • All Risks property insurance in an amount adequate to cover the full replacement cost of all Tenant Additions to the Premises, equipment, installations, fixtures and contents of the Premises in the event of loss; (d) In the event a motor vehicle is to be used by Tenant in connection with its business operation from the Premises, Comprehensive Automobile Liability Insurance coverage with limits of not less than Three Million and No/100 Dollars ($3,000,000.00) combined single limit coverage against bodily injury liability and property damage liability arising out of the use by or on behalf of Tenant, its agents and employees in connection with this Lease, of any owned, non-owned or hired motor vehicles; and (e) such other insurance or coverages as Landlord reasonably requires.

  • Tail risk means a risk that occurs either where the frequency of low probability events is higher than expected under a normal probability distribution or where there are observed events of very significant size or magnitude.

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • protection and indemnity risks means the usual risks covered by a protection and indemnity association managed in London, including pollution risks and the proportion (if any) of any sums payable to any other person or persons in case of collision which are not recoverable under the hull and machinery policies by reason of the incorporation in them of clause 6 of the International Hull Clauses (1/11/02 or 1/11/03), clause 8 of the Institute Time Clauses (Hulls) (1/11/95) or clause 8 of the Institute Time Clauses (Hulls) (1/10/83) or the Institute Amended Running Down Clause (1/10/71) or any equivalent provision;

  • Diesel engine means an engine which works on the compression-ignition principle.

  • Sovereign Risk means nationalization, expropriation, currency devaluation, revaluation or fluctuation, confiscation, seizure, cancellation, destruction or similar action by any governmental authority, de facto or de jure; or enactment, promulgation, imposition or enforcement by any such governmental authority of currency restrictions, exchange controls, taxes, levies or other charges affecting a Fund's Assets; or acts of armed conflict, terrorism, insurrection or revolution; or any other act or event beyond the Custodian's or such other Person's control.

  • market risk means the risk of loss for the individual portfolio resulting from a fluctuation in the market value of positions in the portfolio attributable to changes in market variables, such as interest rates, foreign exchange rates, equity and commodity prices, or an issuer's creditworthiness;

  • systemic risk means a risk of disruption in the financial system with the potential to have serious negative consequences for the financial system and the real economy;

  • Lifetime health cover loading means the increased premiums payable by an insured person who does not take out an appropriate hospital cover prior to 1 July following their 31st birthday.

  • High Risk Activities means uses such as the operation of nuclear facilities, air traffic control, or life support systems, where the use or failure of the Services could lead to death, personal injury, or environmental damage.

  • Risks means any risk associated, either directly or indirectly, with Participant's presence at and/or participation in any Activities;

  • Commercial Fishing Worker means Commercial fishing worker as defined in Section 420.503, F.S.

  • windstorm means straight line winds of at least 80 miles per

  • Economic Risk of Loss has the meaning set forth in Treasury Regulation Section 1.752-2(a).