Fraud event means any of the following, when such event results in direct financial loss to an “insured”:
Fraud event. As defined in Section 10.7.
Fraud event means any of the following, when such event results in direct financial loss to “you”:
Examples of Fraud event in a sentence
Public Contract Code 10232 Statement In conformance with Public Contract Code Section 10232, the Contractor, hereby states under penalty of perjury, that no more than one final unappealable finding of contempt of court by a federal court has been issued against the Contractor within the immediately preceding two year period because of the Contractor's failure to comply with an order of a federal court which orders the Contractor to comply with an order of the National Labor Relations Board.
Thus, if the CPE suffers any subsequent CPE Remote Access Fraud event after notification but prior to the expiration of the "30-day fraud-free period," that CPE Remote Access Fraud will not be covered.
Definition of default The bank considers loan to be in default if any of the following criteria are met:► Loans past due more than 90 days;► Bankruptcy proceedings and/or legal proceedings that may affect the company’s ability to service its obligations;► Death of borrower, liquidation of the borrower’s company (if legal entity);► Fraud event or other force−majeure that may affect the borrower’s ability to repay the loan.
More Definitions of Fraud event
Fraud event means a deceptive act or omission, or series of deceptive acts or omissions intentionally committed by a person(s) to obtain advantage, financial gain, or benefits beyond that to which one is entitled to with regard to any policy, claim, provision of goods or services or other occurrence related to automobile insurance, and for greater clarity includes but is not limited to instances of:
Fraud event means any of the following, when such event is wholly or partially perpetrated through acomputing device or connected home device and results in direct financial loss to a Member:
Fraud event means the occurrence of any of the following events: (a) Guarantor and/or any Borrower have misappropriated (or Guarantor has caused any Borrower to misappropriate) any proceeds of any Collateral or the proceeds of any loans made to the Borrowers pursuant to the Loan Agreement, (b) Guarantor has embezzled funds from a Borrower, (c) Guarantor and/or a Borrower have converted (or Guarantor has caused a Borrower to convert) any material real or personal property of a Borrower, including but not limited to any Collateral or (d) Guarantor and/or a Borrower have committed (or Guarantor has caused a Borrower to commit) fraud against the Laurus, including any material and willful misrepresentation made (or caused to be made) by the Guarantor and/or by a Borrower with respect to any of the representations and warranties contained in the Loan Agreement or the accuracy of any information provided to the Laurus concerning the Collateral, including but not limited to Equipment, Accounts and/or Inventory, or in any other document delivered to the Laurus in connection with the making of any loan, the extension of any credit, the forbearance from taking action or in connection with any other transaction contemplated thereby. Guarantor acknowledges that Guarantor (a) has had ample opportunity to consult with its own counsel and any such other persons as deemed advisable prior to signing and delivering this Guaranty, (b) understands the provisions of this Guaranty, including all waivers contained herein, and (c) signs and delivers this Guaranty freely and voluntarily, without duress or coercion. This Guaranty shall be governed by the laws of the State of New York. WITHOUT LIMITING THE RIGHT OF LAURUS TO ENFORCE THIS GUARANTY IN ANY JURISDICTION AND VENUE PERMITTED BY APPLICABLE LAW: (I) GUARANTOR AGREES THAT THIS GUARANTY MAY AT THE OPTION OF LAURUS BE ENFORCED BY LAURUS IN EITHER THE STATE OF NEW YORK OR IN ANY OTHER JURISDICTION WHERE GUARANTOR, BORROWER OR ANY COLLATERAL FOR THE OBLIGATIONS OF BORROWER MAY BE LOCATED, (II) GUARANTOR IRREVOCABLY SUBMITS TO JURISDICTION IN THE STATE OF NEW YORK AND VENUE IN ANY STATE OR FEDERAL COURT IN THE COUNTY OF COOK FOR SUCH PURPOSES, AND (III) GUARANTOR WAIVES ANY AND ALL RXXXXS TO CONTEST SAID JURISDICTION AND VENUE AND THE CONVENIENCE OF ANY SUCH FORUM AND ANY AND ALL RIGHTS TO REMOVE SUCH ACTION FROM STATE TO FEDERAL COURT. GUARANTOR FURTHER WAIVES ANY RIGHTS TO COMMENCE ANY ACTION AGAINST LAURUS IN ANY JURISDICTION EXCEPT IN THE...
Fraud event means the occurrence of any of the following events: (i) Company or any Subsidiary has misappropriated (or any Subsidiary or Company has caused the other to misappropriate) any proceeds of any Collateral (as defined in the Documents), (ii) Company or any Subsidiary has embezzled funds from the other, (iii) any Subsidiary and/or Company has converted (or Company or any Subsidiary has caused the other to convert) any real or personal property of Company or any Subsidiary, including but not limited to any Collateral, (iv) any Subsidiary and/or Company has committed (or Company or any Subsidiary has caused the other to commit) fraud against Laurus, including any material and willful misrepresentation made (or caused to be made) by any Subsidiary and/or by Company with respect to any of the representations and warranties contained in the Documents or the accuracy of any information provided to Laurus concerning the Collateral, or in any other document delivered to Laurus in connection with the transactions contemplated by the Documents or, (v) any director or shareholder of Company or of any Subsidiary shall have taken any action referred to in any of the foregoing clauses (i) - (iv).
Fraud event means the occurrence of any of the following events: (i) the Borrower or any of its Subsidiaries have misappropriated (or any Subsidiary or the Borrower has caused the other to misappropriate) any proceeds of any Collateral (as defined in the Laurus Related Agreements) or the proceeds of any advances made by the Holder to the Borrower under the Laurus Notes in each case in excess of $10,000, (ii) the Borrower or any Subsidiary has embezzled funds from the other, (iii) any Subsidiary and/or the Borrower has converted (or the Borrower or any Subsidiary has caused the other to convert) any material real or personal property of the Borrower or any Subsidiary, including but not limited to any Collateral, in each case in excess of $10,000 or (iv) any Subsidiary and/or the Borrower have committed (or the Borrower or any Subsidiary has caused the other to commit) fraud against the Holder, including any material and willful misrepresentation made (or caused to be made) by any Subsidiary and/or by the Borrower with respect to any of the representations and warranties contained in the Laurus Purchase Agreements or the accuracy of any information provided to the Holder concerning the Collateral, or in any other document delivered to the Holder in connection with the making of any advance under the Laurus Notes, the extension of any credit, the forbearance from taking action or in connection with any other transaction contemplated thereby.