Insurance Threshold definition

Insurance Threshold is the amount set forth as the Insurance Threshold in Exhibit C to the Indenture.

Insurance Threshold means the applicable one of the following:

Insurance Threshold is the amount set forth as the Insurance Threshold in Exhibit C to the Indenture. “Intercreditor Agreement” means that certain Intercreditor Agreement, dated as of the Issuance Date, among Pass Through Trustees, Liquidity Providers and Subordination Agent, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms; provided that, for purposes of any obligations of Company, no amendment, modification or supplement to, or substitution or replacement of, such Intercreditor Agreement shall be effective unless consented to by Company.

Examples of Insurance Threshold in a sentence

• Each insurance company is hereby authorized and directed to make payment (i) of 100% of all such losses (if such loss exceeds the Insurance Threshold) directly to Lender alone, and (ii) of 100% of all such losses (if such loss is less than or equal to the Insurance Threshold) directly to Borrower alone, and in no case to Borrower and Lender jointly.

• Lender shall have the right to participate in and reasonably approve any settlement for insurance or condemnation claims with respect to the insurance proceeds or condemnation awards which in the aggregate are equal to or greater than the Insurance Threshold.

• Each insurance company is hereby authorized and directed to make payment (i) of 100% of all such losses (if such loss exceeds the Insurance Threshold) directly to Administrative Agent alone, and (ii) of 100% of all such losses (if such loss is less than or equal to the Insurance Threshold) directly to Borrower alone, and in no case to Borrower and Administrative Agent jointly.

• This mechanism is applied to the war game system resources (directories, files, printers …etc).

• In the event of a loss or damage where the loss does not exceed the Insurance Threshold, Borrower may (or may cause Mortgage Borrower to) settle and adjust such claim so long as no Event of Default has occurred and is continuing.

More Definitions of Insurance Threshold

Insurance Threshold has the meaning provided in Section 9.2(b) of this Agreement.

Insurance Threshold means Ten Thousand Australian Dollars ($10,000).

Insurance Threshold means INR 5,00,000

Insurance Threshold means the applicable one of the following: ! Ten Thousand Canadian Dollars ($10,000) (if the Elected Country is Canada), ! One Hundred Thousand Mexican Pesos ($100,000) (if the Elected Country is Mexico),

Insurance Threshold means ten thousand Singapore dollars (S$10,000).

Insurance Threshold means AED37AED 37,000.

Insurance Threshold means $2,000,000.00.