Financial protection definition

Financial protection means the ability to respond in damages for pub- lic liability and to meet the cost of in- vestigating and defending claims and settling suits for such damages.
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Financial protection means the amount specified in Item 2 or the Attach- ment annexed hereto.
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Financial protection means the use of financial instruments to facilitate access to economic resources, as required, to allow for the timely response to and rehabilitation and recovery from, a disaster, and includes –
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Examples of Financial protection in a sentence

  • Financial protection may include private insurance, private contractual indemnities, self-insurance, other proof of financial responsibility, or a combination that provides the maximum amount required.

  • Financial protection is not required with respect to licenses issued for the con- duct of educational activities to persons found by the Commission to be non-profit educational institutions.

  • The definitions set out in the Act shall apply to this clause.(c) Financial protection.

  • Financial protection under paragraph (2) and indemnification under paragraph (1) shall be the exclusive means of financial protection and indemnification under this section for any De- partment of Energy demonstration reactor li- censed by the Commission under section 5842 of this title.

  • Financial protection may include private insurance, private contractual indemnities, self- insurance, other proof of financial responsibility, or a combination that provides the maximum amount required.

  • Financial protection is vital in the current economic environment to ensure that a business can repay corporate loans should the worst happen.

  • This statement must be clear, prominent and easily legible.Prices• Basic price must include all non-optional extras of a fixed amount• Clients must know the amount of any resort fees before they book• Brochures only - if the amount of extras may change, Members don't need to include them, but they must give clear details near the basic price Financial protection information No advertising, including brochures and websites, should contain anything misleading about bonding and financial protection.

  • Financial protection may include private insurance, private contractual indemnities, self-insurance, other proof of financial responsibility, or a com- bination that provides the maximum amount required.

  • Financial protection is primarily, but not exclusively, associated with out-of- pocket payments at the time of service delivery.

  • Financial protection is vital to allow your business to recover quickly and minimise the impact should the worst happen.


More Definitions of Financial protection

Financial protection against “public liability” in the event of a “nuclear incident,” including nuclear liability insurance as required under Atomic Energy Act, as amended, and the NRC’s implementing regulations. If the current requirements respecting the maintenance of nuclear liability insurance and other forms of “financial protection” shall cease to be applicable, the amount of required “financial protection” reduced, or the cap on “public liability” arising out of a “nuclear incident” as established by the Atomic Energy Act shall be increased or eliminated, PS shall continue to provide such protection for Exelon, as is then customary in the nuclear industry, and consistent with the Owners Agreement, against “public liability” in the event of a nuclear incident to the extent available from commercial, industry and governmental sources and customary in the United States. (For purposes of this Article 9.1.4, the terms in quotations shall have the meanings given to them in the Atomic Energy Act, as amended, and the NRC’s implementing regulations.)
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Financial protection means being able to access timely and adequate financial resources to:
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Financial protection means the ability to respond in damages for public
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Related to Financial protection

  • MFN Protection has the meaning set forth in Section 2.14(e)(iii).

  • application for international protection means a request made by a third country national or a stateless person for protection from a Member State, who can be understood to seek refugee status or subsidiary protection status, and who does not explicitly request another kind of protection, outside the scope of this Directive, that can be applied for separately;

  • Financial Institutions has the meaning set forth in the preamble in this Agreement.

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);

  • Consumer means any person who is supplied with electricity for his own use by a licensee or the Government or by any other person engaged in the business of supplying electricity to the public under this Act or any other law for the time being in force and includes any person whose premises are for the time being connected for the purpose of receiving electricity with the works of a licensee, the Government or such other person, as the case may be;