Insurance Facility definition

Insurance Facility and "Insurance" mean, respectively, the insurance facility specified in Schedule 2 to this Agreement and the insurance provided thereunder;
Insurance Facility or “Insurance” means the Political Risk Insurance Facility, the Exporter Performance Insurance Facility, and the Credit Insurance Facility specified in Parts A, C, and D of the Project, respectively;
Insurance Facility means the insurance and guarantee facility specified in Schedule 1 to this Agreement.

Examples of Insurance Facility in a sentence

  • Facility Amounts shall be retained in the Security Trust Account(s) and, before the Insurance Facility First Closing Date, shall be used on a revolving basis for the purpose of providing new Insurance Contracts under the Insurance Facility.

  • After the Insurance Facility First Closing Date, the Income Amounts or remaining balance thereof shall be released to the Borrower at the request of the Borrower.

  • An increasing number of States participate in the Insurance Facility over the life of the Project.

  • A decreasing trend in cost and an increasing trend in maturity of trade finance available for transactions pertaining to the Borrower – to be measured by surveying users of the Insurance Facility.

  • A decreasing trend in cost and an increasing trend in maturity of trade finance available for transactions pertaining to the Borrower - to be measured by surveying users of the Insurance Facility.

  • Where we believe it suits your risks and needs, we may only recommend an Insurance Facility (rather than alternative insurance products).

  • Provision of support for an Insurance Facility against Covered Risks that will be implemented by ATI in accordance with the Agreement Establishing ATI, with the approval of its Board of Directors.

  • Where we do not have an Insurance Facility suitable to your risks and needs, we will seek quotes from appropriate insurers to help you identify an insurance product.

  • An increasing number of Participating States participate in the Insurance Facility over the life of the Project.

  • The Borrower/Recipient shall build on work undertaken by the GIZ funded, Small and Medium Enterprise project in collaboration with the Borrower/Recipient's Agricultural & Agrarian Insurance Board (AAIB) and the Global Index Insurance Facility (GIIF) in the field of commercial agricultural insurance.


More Definitions of Insurance Facility

Insurance Facility means as the context indicates, an Insurance Policy required to be effected and maintained under Clause 24, or a risk required to be insured under an Insurance Policy required to be effected and maintained under Clause 24.

Related to Insurance Facility

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Blanket insurance policy means a group policy covering a defined class of

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.