Insurance Refund definition

Insurance Refund means any refund resulting from the cancellation or termination of any Forced Placed Insurance, regardless of whether such refund is received prior to or after Closing.
Insurance Refund. Any subsequent insurance premium refunds will be

Examples of Insurance Refund in a sentence

  • All full time undergraduate students will be automatically enrolled in the Tuition Insurance Refund Plan (The Plan).

  • The Insurance Refund represents that portion of the insurance premium paid by the AOAO in 2012 that is currently refundable to the AOAO due to early termination of the coverage.

  • If the amount of the Life Insurance Refund received by the Company is less than the amount of the Estimated Life Insurance Refund, Buyer and the Seller Representatives will promptly execute and deliver to the Escrow Agent a joint written instruction authorizing a disbursement from the Escrow Amount to Buyer in the amount equal to the amount by which the Life Insurance Refund is less than the Estimated Life Insurance Refund in accordance with the terms of the Escrow Agreement.

  • All Parties hereto hereby waive and release any claims and causes of action they may have with regard to the Insurance Refund.

  • All full-time undergraduate students will be automatically enrolled in the Tuition Insurance Refund Plan (The Plan).

  • Seller covenants that it shall not rescind, amend or otherwise modify the instructions contained in the Insurance Refund Letter and in the event an insurer sends any such payment to Seller, Seller shall immediately, no later than one business day following Seller’s receipt of such payment, forward such payment to Buyer via overnight or same day delivery.

  • Upon the request of the Sellers at any time before or after Closing, ------ the Buyer shall execute or cause either Company to execute such documents as the Sellers deems appropriate to effect an assignment of any Insurance Refund from either Company to the Sellers, so that the Sellers may receive such Insurance Refund directly from the applicable insurer.

  • Injury Insurance Refund of NSR fees paid (less 25% administration fee) if you suffer a severe injurythat permanently sidelines you from ever competing in your sport in the future, ultimately preventing you from pursuing a College opportunity in the U.S.

Related to Insurance Refund

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;10

  • 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.

  • Insurance Report means an insurance report in respect of the Insurances confirming that such Insurances are placed with such insurers, insurance companies and/or clubs in such amounts, against such risks and in such form as acceptable to the Agent (acting on the instructions from the Finance Parties) and comply with the requirements under Clause 26.3 (Insurance) and the GIEK Guarantee prepared by Bank Assure Insurance Services Inc., or such other reputable insurance advisor approved by the Agent, and dated on or about 11 June 2010 and addressed to, and capable of being relied upon by, the Finance Parties.

  • 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 Regulator means any Person charged with the administration, oversight or enforcement of any Insurance Regulation.