Insurance Reserve Fund definition

Insurance Reserve Fund means the "KISTA Insurance Reserve Fund" established pursuant to the terms of the Second Indenture to provide, under certain terms and conditions, collision, insurance for the Equipment financed from the proceeds of the Certificates and for the purpose of providing a Debt Service Reserve for Series Certificates.
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Insurance Reserve Fund is defined in Section 4.02(a).
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Insurance Reserve Fund means the Insurance Reserve Fund established pursuant to Section 502(b).
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Examples of Insurance Reserve Fund in a sentence

  • The City’s general liability coverage is provided by the North Dakota Insurance Reserve Fund.

  • If Grantee is a South Carolina governmental body, it may satisfy this requirement by maintaining insurance through the S.C. Insurance Reserve Fund as provided by South Carolina law.

  • Fund Administration and Appropriation – Fund 900 (General Liability Insurance Reserve), Fund 901 (Worker’s Compensation Insurance Reserve), and Fund 006 (Compensated Absences Reserve) .......................................................................

  • The Council maintains an Insurance Reserve Fund to meet its own liability in relation to claims which may be made against the Council, not currently notified, which would not be fully met within the terms and conditions of its insurance policies.

  • This case is being defended by the City and the North Dakota Insurance Reserve Fund has appointed Bryan Van Grinsven of the McGee Law Firm in Minot, North Dakota, to represent the City’s interests.

  • Contributions are deposited in the Health Insurance Reserve Fund, which covers both active State employees and retirement members.

  • The State Insurance Reserve Fund is self-sustaining through member premiums and reinsures through commercial companies for certain claims.

  • The Authority and other entities pay premiums to the State's Insurance Reserve Fund (IRF), which issues policies, accumulates assets to cover the risks of loss, and pays claims incurred for covered losses related to the following assets, activities, and/or events: 1.

  • The County pays an annual premium to the State Insurance Reserve Fund for its general insurance coverage.

  • If Subrecipient is a South Carolina governmental body, it may satisfy this requirement by maintaining insurance through the S.C. Insurance Reserve Fund as provided by South Carolina law.


More Definitions of Insurance Reserve Fund

Insurance Reserve Fund means the fund so designated created pursuant to Section
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Insurance Reserve Fund means the Insurance Reserve Fund established pursuant to Section502(a).
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Insurance Reserve Fund means the fund so designated and created pursuant to Section 502;
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Insurance Reserve Fund means the saved pecuniary assets saved by the insurer from the net income of insurance duties for the purpose of reimbursing damages which may occur to the insured;”
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Insurance Reserve Fund means the fund by such name established pursuant to Article III of this Indenture.
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Insurance Reserve Fund means all amounts on deposit from time to time in the Insurance Reserve Account.
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Related to Insurance Reserve Fund

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Capital Reserve Fund means the reserve fund created and established by the Authority in

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Interest Reserve Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.23 of this Agreement, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2019-B12 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2019-B12, Interest Reserve Account” and which shall be an Eligible Account.