Insurance Indemnity definition

Insurance Indemnity means the amount of money payable by the Insurer under the Contract upon occurrence of the Insurable Event, the specific amount of which shall be calculated and paid in accordance with the procedure and time limits set by the General Insurance Terms and Conditions and Special Terms and Conditions and/or any other indemnity related to the Contract.
Insurance Indemnity. Each party hereto waives their respective right of subrogation against the other part. Landlord shall not be liable to Tenant or any other person for any loss, injury or damage to Tenant, and employee, agent, or guest or Tenant, to the personal property of Tenant or any other person arising from any cause what so ever including, without limitation any acts of negligence, improper construction to failure to repair any building or improvements on the premises. Tenant hereby agrees to indemnify Landlord and hold it harmless from any loss, expense claims arising out of such damage or injury, nor shall Landlord be liable to Tenant for any loss or damage that may occasioned by or through the act of omission of other Tenants of the premises, or of any other person whatsoever. Xxxxxx further agrees to indemnify and hold Landlord harmless from and against any damage caused by any act or omission by Tenant, employees, agents, or guests of Tenant, or caused by the use of the premises by Xxxxxx.
Insurance Indemnity means the amount of money to be paid as compensation for the loss suffered as a result of an insured event.

Examples of Insurance Indemnity in a sentence

  • Such use shall be controlled by the section, LIABILITY, INSURANCE, INDEMNITY.

  • INSURANCE; INDEMNITY 14.1 Tenant Waiver 14.2 Indemnity 14.3 Landlord's Responsibility 14.4 Tenant's insurance 14.5 Policies 14.6 Landlord's Insurance 14.7 Proceeds 14.8 Waiver of Subrogation 14.9 Notification of Accidents 15.

  • INSURANCE, INDEMNITY, SUBROGATION 13 8.01 Insurance and Indemnity 13 8.02 Landlord’s Insurance 13 8.03 Waiver of Recovery 13 8.04 Indemnity 14 SECTION IX.

  • Such policy or policies shall insure against all risks of direct physical loss or damage (except the perils of flood and/or earthquake), including coverage for debris removal and the enforcement of any Applicable Requirements requiring the upgrading, demolition, reconstruction or replacement of any portion of the INSURANCE; INDEMNITY - continued Premises as the result of a covered loss.

  • The limitation and disclaimers’ of liability shall not apply to, amend or alter either party’s liabilities under the clauses entitled USE OF INFORMATION, CONFIDENTIALITY, WARRANTY OF INFRINGEMENT, INSURANCE, INDEMNITY, IDENTIFICATION, WARRANTY and COMPLIANCE WITH LAWS.

  • TENANT'S AND LANDLORD'S INSURANCE, INDEMNITY........................


More Definitions of Insurance Indemnity

Insurance Indemnity means the amount payable by the Insurer as damages and as compensation for necessary legal costs.
Insurance Indemnity means any amount of money under, arising out of, or relating to an insurance indemnity, insurance premium reimbursement, or any other pecuniary benefit from or on behalf of an insurance institution, or any right of an insurance institution to demand or arrange for any pecuniary benefit from a third party, and any right to subrogation in rights of an insurance institution, in connection with the Private Unit or the Project or any unit or part thereof, including, without limitation, under any insurance agreement, insurance policy, endorsement, or letter of insurance coverage.
Insurance Indemnity means the amount paid by an insurance company to a policyholder arising from an insured event.
Insurance Indemnity means financial compensation paid under the insurance contract in order to indemnify the loss caused as a consequence of an insured event and costs for legal assistance and expert assessment.
Insurance Indemnity means the amount of money payable by the Insurer to the Beneficiary under the Contract upon occurrence of the Insurable Event.
Insurance Indemnity. Each party hereby agrees:

Related to Insurance Indemnity

  • Reimbursement insurance policy means a policy of insurance

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

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • 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.

  • Tax Indemnity Agreement means the Tax Indemnity Agreement, dated as of even date with the Participation Agreement, between Lessee and Owner Participant.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • protection and indemnity risks means the usual risks covered by a protection and indemnity association managed in London, including pollution risks and the proportion (if any) of any sums payable to any other person or persons in case of collision which are not recoverable under the hull and machinery policies by reason of the incorporation in them of clause 6 of the International Hull Clauses (1/11/02 or 1/11/03), clause 8 of the Institute Time Clauses (Hulls) (1/11/95) or clause 8 of the Institute Time Clauses (Hulls) (1/10/83) or the Institute Amended Running Down Clause (1/10/71) or any equivalent provision;

  • Funding Indemnity Letter means a funding indemnity letter, substantially in the form of Exhibit N.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Limit of Indemnity means the amount stated in the Schedule pursuant to Clause 5 of this Policy.

  • First party insurance means an insurance policy or contract in which the insurer agrees to pay a claim submitted to it by the insured for the insured's losses.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Commercial Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Commercial Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 47 of Schedule 4;

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

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

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).