Initial Policy definition

Initial Policy means the first loan policy of title insurance issued in connection with a loan that is secured by an interest in real estate. Any new policy or endorsement to an existing policy issued in conjunction with an extension or modification agreement pursuant to this Section 3.11 shall not be considered an Initial Policy.
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Initial Policy means the first loan policy of title insurance issued in connection with a loan to be secured by an interest in real estate. Any new policy or
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Initial Policy has the meaning specified in the definition of "Policy".
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Examples of Initial Policy in a sentence

  • It is agreed that Our liability to make will be subject to a Waiting Period of 24 months unless the payment under the Policy in respect of any claim made in that condition is directly caused by Cancer (covered after Initial Policy Year will only commence once the Deductible has been Waiting Period of 30 days) or an Accident (covered from day 1) exhausted.

  • Each of KSL and KSI hereby agree that after, with respect to each KSI Insurance Policy, the termination of such KSI Insurance Policy's Initial Policy Period, the terms of this Article 4 are subject to change and re-negotiation in full after such Initial Policy Period, but only with respect to such KSI Insurance Policy.

  • Cleveland Community Police Commission, “Use of Force: Summary Report & Initial Policy Recommendations” (Mar.

  • Each of KSL and KSI hereby agree that the terms and conditions of this Article 4 shall be in full force and effect, with respect to each KSI Insurance Policy, during such KSI Insurance Policy's respective Initial Policy Period.

  • English Heritage’s Initial Policy for the Management of Maritime Archaeology in England) addressed the protected wreck site post- excavation backlog.

  • Initial Policy Response to COVID-19 Saint Lucia approached the COVID-19 response with a three pronged triaged approach, starting with Public Health Response which included strengthening the Public Health System (Quarantine and Isolation facilities, PPE, ventilators), border closures, curfews, state of emergency and school closures.

  • The FERC Penalty Guidelines are appended to the Revised Policy Statement on Penalty Guidelines.477 Revised Policy Statement on Enforcement, 123 FERC ¶ 61,156; Enforcement of Statutes, Orders, Rules and Regulations, 113 FERC ¶ 61,068 (2005) (Policy Statement on Enforcement).478 Initial Policy Statement on Penalty Guidelines, 130 FERC ¶ 61,220 at P 32 (“We do not intend to depart from the Penalty Guidelines regularly, but neither will we always adhere to a rigid application of them.”).

  • Aon shall determine the Allocated Shares of KSL during the Initial Policy Periods, which may be different for each Annual Premium and which determination shall be based on the historical losses, exposures to risk, projected expected losses and possible magnitude of losses of KSI and KSL and their respective Subsidiaries.

  • With respect to periods after such Initial Policy Period, KSL and KSI hereby agree to re-negotiate the terms of this Article 4 in full based on the changes in each others' business, increases in the applicable Annual Premium and on the recommendations of Aon with respect to the allocation of such Annual Premium, but only with respect to the applicable KSI Insurance Policy whose Initial Policy Period has expired.

  • Upon the termination of such Initial Policy Period, if the parties have not agreed on the terms and conditions of the allocations of such Annual Premium or on the continuation, amendment, or termination of the other terms and conditions contained in this Article 4, then the terms and conditions of this Article 4 shall terminate and shall be of no further force and effect with respect to, and only with respect to, such KSI Insurance Policy.

Related to Initial Policy

  • Fundamental Policies means the investment policies and restrictions as set forth from time to time in any Registration Statement of the Trust filed with the Commission and designated as fundamental policies therein, as they may be amended from time to time in accordance with the requirements of the 1940 Act.

  • Environmental Policy means to conserve energy, water, wood, paper and other resources, reduce waste and phase out the use of ozone depleting substances and minimise the release of greenhouse gases, volatile organic compounds and other substances damaging to health and the environment, including any written environmental policy of the Customer;

  • Tariff Policy means a Tariff Policy adopted by the Council in terms of Section 74 of the Local Government: Municipal Systems Act 32 of 2000.

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • Portability means transfer by an individual health insurance policyholder (including family cover) of the credit gained for pre-existing conditions and time-bound exclusions if he/she chooses to switch from one insurer to another.

  • Flood Insurance means the insurance coverage provided under the National Flood Insurance Program.

  • Flood Insurance Regulations means (a) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (c) the National Flood Insurance Reform Act of 1994 (amending 42 USC § 4001, et seq.), as the same may be amended or recodified from time to time, and (d) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Business Travel Policy means our business travel policy. A copy of our current Business Travel Policy is attached as Schedule 1 to Exhibit B.

  • Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Tail Policy has the meaning set forth in Section 6.18(b).

  • Budget-related Policy means a policy of a municipality affecting or affected by the annual budget of the municipality, including-

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Policy Statement means a written description of the current approach of an agency, entitled a policy statement by the agency head or its designee, to implementation of a statute or other provision of law, of a court decision, or of an agency order, including where appropriate the agency's current practice, procedure, or method of action based upon that approach.

  • Flood Insurance Study (FIS means an examination, evaluation, and determination of flood hazards, corresponding water surface elevations (if appropriate), flood hazard risk zones, and other flood data in a community issued by the FEMA. The Flood Insurance Study report includes Flood Insurance Rate Maps (FIRMs) and Flood Boundary and Floodway Maps (FBFMs), if published.

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • Flood Insurance Study means the official report provided by the Federal Insurance Administration that includes flood profiles, the Flood Insurance Rate Map, the Flood Boundary and Floodway Map, and the water surface elevation of the base flood.

  • Statement of policy means the summary explanation of information and facility policies

  • Health Insurance Portability and Accountability Act means the Health Insurance Portability and Accountability Act of 1996, Pub. L. No. 104-191, 110 Stat. 1936, as amended.

  • Board Policy means any and all policies adopted by the School Board and in effect at the time the RFP is published and as they may be amended from time to time (“Board Policy”). All Board Policies are incorporated by reference into this Solicitation and into all Proposals submitted by a Proposer.

  • R&W Policy means those certain buyer-side representations and warranties insurance policies purchased by Buyer in connection with this Agreement.

  • Consensus Policies are those policies established (1) pursuant to the procedure set forth in ICANN’s Bylaws and due process, and (2) covering those topics listed in Section 1.2 of this Specification. The Consensus Policy development process and procedure set forth in ICANN’s Bylaws may be revised from time to time in accordance with the process set forth therein.

  • CSR Policy means the present Corporate Social Responsibility Policy of the Company, which covers the activities to be undertaken by the Company as specified in Schedule VII to the Act and the CSR Expenditure thereon.

  • Federal poverty guidelines means the poverty guidelines published annually in the federal register by the United States department of health and human services under its authority to revise the poverty line under section 673(2) of subtitle B of title VI of the omnibus budget reconciliation act of 1981, 42 USC 9902.

  • Health insurance plan means any health insurance policy or health benefit plan offered by a health insurer or a subcontractor of a health insurer, as well as Medicaid and any other public health care assistance program offered or administered by the State or by any subdivision or instrumentality of the State. The term includes vision care plans but does not include policies or plans providing coverage for a specified disease or other limited benefit coverage.

  • Flood Insurance Rate Map means the most recent flood hazard map published by the Federal Emergency Management Agency under the National Flood Insurance Act of 1968 (42 U.S.C. Section 4001 et seq.).