insurance obligations. ’ means all obligations (other than the obligations of the policyholder), whether those obligations constitute an obligation to pay one or more sums of money, render services or meet any other obligations, under or arising from insurance policies, and, in respect of life insurance policies, include any guarantees and discretionary participation features;
insurance obligations. ’ means all obligations (other than the obligations of the policyholder), whether those obligations constitute an obligation to pay one or more sums of money, render services or meet any other obligations, under or 15
insurance obligations means all obligations and liabilities relating to, arising under or out of, or in connection with payment, reimbursement, indemnification, collateral and other obligations related to claims, losses, retained amounts or allocated loss adjustment expenses, including deductible and loss reimbursement obligations and premiums payable due to carrier audits, with respect to the Business under policies of insurance held by Sellers and their Affiliates covering the Business and all agreements related to such policies.
More Definitions of insurance obligations
insurance obligations means all obligations, whether those obligations constitute an obligation to pay one or more sums of money, render services or fulfil other obligations, including guaranteed and reasonably expected obligations, of an insurer under or arising from policies entered into by the insurer irrespective of the nature of the risk covered under those policies;
insurance obligations has the meaning ascribed to it in Section 4.4 hereof. -----------
insurance obligations means: (a) obligations under insurance, reinsurance or retrocession contracts or other arrangements by which a person guarantees financial or credit risks in each case entered into in the ordinary course of business and (b) obligations with respect to letters of credit or similar instruments or credit facilities for the purpose of securing or providing funds to pay insurance, reinsurance or retrocessional obligations entered into in the ordinary course of business, to the extent that such letters of credit or similar instruments or credit facilities are not drawn upon, or if and to the extent drawn upon, such drawing is reimbursed not later than the 30th Business Day following a demand for reimbursement (it being understood that such obligations shall no longer be deemed Insurance Obligations upon such 30th Business Day). (For the avoidance of doubt, a stand-by credit facility within the meaning of Commitment Termination Event (as defined in the Investment Units Subscription Agreement) that meets the requirements of clause (b) of this definition shall be included within this definition).
insurance obligations means, without duplication, all of the obligations of the Borrower to the Insurer under (i) the Premium Letter other than Premium, (ii) under the Insurance Agreement, (iii) the Credit Agreement, and (iv) the other Transaction Documents.
insurance obligations means (A) any and all amounts paid by the Bond Insurer under the Bond Insurance Policy and/or DSRF Policy, with interest thereon at the Late Payment Rate as provided in the Second Supplemental Indenture, (B) any and all charges, fees, costs and expenses that the Bond Insurer may reasonably pay or incur in connection with (i) the administration, enforcement, defense or preservation of any rights or security under this Guaranty, the Bonds or the Indenture, (ii) the pursuit of any remedies under this Guaranty, the Bonds, the Indenture or any other related document or otherwise afforded by law or equity, (iii) any amendment, waiver or other action with respect to, or related to, the Bonds, the Indenture, this Guaranty or any other related document whether or not executed or completed, or (iv) any litigation or other dispute in connection with the Bonds, the Indenture, this Guaranty or any other related document or the transactions contemplated thereby, other than costs resulting from the failure of the Bond Insurer to honor its obligations under the Bond Insurance Policy or the DSRF Policy, and (C) any and all other amounts due and payable to the Bond Insurer under the Indenture or the Debt Service Reserve Agreement.
insurance obligations means all obligations, whether those obligations constitute an obligation to pay one of more sums of money, render services or fulfill other obligations, including guaranteed and reasonably expected obligations, of an insurer under and arising from policies entered into by the insurer irrespective of the nature of the risk covered under those policies;
insurance obligations means any obligations of Twin Lakes to carry, maintain, or pay for any insurance, and related obligations, under Sections 12.2(a) and 12.2(b) of the Lease, in the manner and according to the standards described in those Sections of the Lease.