Insurance Event definition

Insurance Event means any casualty or other insured damage to all or any part of any assets of the Borrower or any Restricted Subsidiary.
Insurance Event means an occurrence that arises during the term of the insurance and which is covered by the insurance. You should contact Bliwa’s Healthcare Centre if you need advice and/or care as a consequence of an
Insurance Event means any event that results in the Borrower or its Subsidiaries receiving Net Cash Proceeds of the type described in clause (b) of the definition of Net Cash Proceeds.

Examples of Insurance Event in a sentence

  • To RSD's knowledge since inception there has not been any damage, destruction or loss, which could have been deemed as an "Insurance Event".

  • To NHT's knowledge since NHT's inception there has not been any damage, destruction or loss, which could have been deemed as an "Insurance Event".

  • On the date of receipt by the Borrower or any Restricted Subsidiary, or by the Collateral Agent as loss payee, of any Net Proceeds in respect of any Insurance Event, the Borrower shall prepay the Term Borrowings in an aggregate amount equal to 100% of such Net Proceeds.

  • Any compensation due to the Insured may be reduced or refused, if use of alcohol or narcotics by the Insured has affected the occurrence of an Insurance Event.

  • When an Insurance Event occurs or when there is an immediate threat of the occurrence of an Insurance Event, the Insured shall to the best of his ability have the property damage or loss prevented or restricted.


More Definitions of Insurance Event

Insurance Event shall have the meaning specified in Section 2.02(d).
Insurance Event means as event upon the happening of which the liability under an insurance contract arises;
Insurance Event means any damage or destruction of the Building by any of the Insured Risks which at the date of such damage or destruction is covered by any policy of insurance maintained by the Landlord under this Lease.
Insurance Event means any damage or destruction of the Building by any of the Insured Risks which at the date of such damage or destruction is covered by any policy of insurance maintained by the Superior Landlord under the Superior Lease or the Landlord under this Lease.
Insurance Event means an occurrence that arises during the term of the insurance and which is covered by the insurance. You should contact Bliwa’s Healthcare Centre if you need advice and/or care as a consequence of an insurance event. Contact details are shown on the reverse of the pre-sale information. If the insurance applies subject to a requirement for a referral, you must have been given a referral by a physician or by an optician to an ophthalmologist in the case of an eye complaint before Bliwa’s Healthcare Centre can book you a care appointment.
Insurance Event means any casualty or other insured damage to all or any part of any assets of the Borrower or any Restricted
Insurance Event means an event the occurrence of which the Contractor has insured against in accordance with Clause 6;