Equipment Insurance Policy definition

Equipment Insurance Policy. With respect to any item of Equipment, an insurance policy covering physical damage to the related Equipment or covering any liabilities arising from the related Equipment or use thereof.
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Equipment Insurance Policy. With respect to any item of Equipment, an insurance policy covering physical damage to the related Equipment or covering any liabilities arising from the related Equipment or use thereof. Equipment Insurance Proceeds: Proceeds paid by any Equipment insurer pursuant to any Equipment Insurance Policy covering an item of Equipment or the related Contract, net of the reasonable costs of collecting such proceeds which are not otherwise reimbursed; provided, however, that with respect to Equipment Insurance Proceeds related to liability insurance, such amounts shall be treated as an Excluded Amount for purposes of (x) the ICF Relevant Documents to the extent such amounts are not payable to the ICF Indenture Trustee or the ICF Noteholders and (y) the ICI Relevant Documents to the extent such amounts are not payable to the ICI Indenture Trustee or the ICI Noteholders.
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Examples of Equipment Insurance Policy in a sentence

  • Documents placed before the Forum: ✓ Written Complaint dated 25/02/2020 to the Insurance Ombudsman✓ Insurer’s repudiation letter dated 27/01/2020✓ Complainant’s representation dated 05/02/2020 to the Insurer✓ Electronic Equipment Insurance Policy with Terms & Conditions✓ Claim form✓ CSR NO 2/2020 dated 07/01/2020 of G-1, Vepery P.S. Chennai✓ CSR Status details24.

  • The Physical Damage Equipment Insurance Policy shall pay the “Insured Value” (as defined in the Physical Damage Equipment Insurance Policy) of an item of Equipment (which shall in no event be less than the related Prepayment Amount) where a User has failed to pay on behalf of the Additional Insureds any or all of such amount and the Commercial General Liability Insurance Policy shall pay to the Additional Insureds any and all liability claims thereunder.

  • The Physical Damage Equipment Insurance Policy shall provide that violations of the terms, conditions or warranties of such policy by an Additional Insured shall not invalidate the insurance thereunder insofar as the interests of the other Additional Insureds, loss payees and/or innocent mortgagees are concerned.

  • The Servicer shall at all times have in effect, maintain and keep in force for the benefit of the Trust, or cause the Trust to have in effect, maintain and keep in force, the Physical Damage Equipment Insurance Policy and the Commercial General Liability Insurance Policy in such forms and in such amounts as are customary in the industry and acceptable to the ICF Global Requisite Majority (such acceptance not to be unreasonably withheld).

  • The intent of this solicitation is to obtain the most cost effective multi-year Electronic Data Processing (EDP) Equipment Insurance Policy for the Named Insured while maximizing the quality and level of service in Policy administration.

  • Insurance coverage with SBMA as “assured party” for at least One (1) year through GSIS Electronic Equipment Insurance Policy.

  • These products are not being regulated currently because they do not have tobacco in them but they do have nicotine.

  • With product like SBI General's Electronic Equipment Insurance Policy, you can safeguard your Electronic Equipments that you value most.

  • This General Product Information (“GPI”) is designed to help you understand what you need to know about the Equipment Insurance Policy so that you can make an informed choice about whether to acquire this product.

  • Preventive Maintenance within the warranty period Provision of insurance coverage with SBMA as “assured party” for at least one (1) year through Government Service Insurance System (GSIS) Electronic Equipment Insurance Policy.

Related to Equipment Insurance Policy

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Reimbursement insurance policy means a policy of insurance

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

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

  • Life Insurance Policy has the meaning given in Section 6.11.

  • 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.

  • 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.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

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

  • 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.

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

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

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

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • 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.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • 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.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • 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.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.