EXCESS CARRIER definition

EXCESS CARRIER means an insurer that provides excess insurance or reinsurance to a fund.
EXCESS CARRIER means an insurer that provides excess insurance or reinsurance to a group. "Excess insurance" means insurance, purchased from an insurance company authorized or
EXCESS CARRIER means a insurer that provides excess insurance or reinsurance to the SPELL, owner group or owner group member.

More Definitions of EXCESS CARRIER

EXCESS CARRIER means (i) The North River Insurance Company, (ii) its parents, direct and indirect subsidiaries, affiliates, divisions, holding companies, merge companies, acquired companies, reinsurers and (iii) all of its present and former offices, directors, shareholders, members, agents, employees, representatives, attorneys, predecessors in interest, successors in interest, and assigns.
EXCESS CARRIER means an insurer that provides excess insurance or reinsurance to a Fund.

Related to EXCESS CARRIER

  • Excess Cash all cash and Cash Equivalents of the Borrower and its Subsidiaries at such time determined on a consolidated basis in accordance with GAAP in excess of $25,000,000.

  • Excess Concentration means the sum of the following amounts, without duplication:

  • Excess Cash Flow Payment Period means, with respect to any Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

  • Generator Forced Outage means an immediate reduction in output or capacity or removal from service, in whole or in part, of a generating unit by reason of an Emergency or threatened Emergency, unanticipated failure, or other cause beyond the control of the owner or operator of the facility, as specified in the relevant portions of the PJM Manuals. A reduction in output or removal from service of a generating unit in response to changes in market conditions shall not constitute a Generator Forced Outage.

  • Excess Cash Flow Application Date as defined in Section 2.12(c).