Examples of Insured Portion in a sentence
The reduction shall be proportionate to the extent that these items are attributable to the Insured Portion of the Investment.
Class 4 consists of those individuals or entities who (i) have asserted Damage Claims, and (ii) have elected, in the Damage Claim Ballot, to waive any and all deficiency claims against the Debtor, that is, agreed to be paid solely from the proceeds of any applicable Insurance Policy with respect to the Insured Portion of the Claim.
All Allowed Class 4 Damage Claim shall be paid solely by the applicable insurer(s) under any applicable Insurance Policy and solely to the extent of the Insured Portion of each such Claim from proceeds of such applicable Insurance Policy and any other Claims of Holders of Class 4 Claims against the Debtor in excess of the applicable insurance policy are waived as of the Effective Date.
Any resulting Allowed Class 5 Damage Claim shall first be paid by the applicable insurer(s) under any applicable Insurance Policy to the extent of the Insured Portion of each such Claim from the proceeds of such applicable Insurance Policy.
The Authority has adopted the Authority’s Resolution pursuant to which the Authority has approved its insurance of the Insured Portion of the Debt from the Industrial Development Fund on the terms set forth in this Agreement.