Loss Payee definition

Loss Payee. Has the meaning specified in Section 13.02(b)(i) of the Lease.

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Loss Payee has the meaning given to such term at Clause 21.4(c)(ii) (Launch Insurance).

Loss Payee means the Credit Provider nominated under a credit life insurance policy that applies to this Agreement.

Examples of Loss Payee in a sentence

• Policies shall name the Contractor as Named Insured and list the City as both an Additional Insured and a Loss Payee as its interest may appear.

• A Loss Payee endorsement evidencing that the County of Orange is a Loss Payee shall accompany the Certificate of Insurance.

• Lender shall be named Mortgagee and Loss Payee on a Standard Mortgagee Endorsement.

• This policy shall name Dallas Fort Worth International Airport Board as Loss Payee, as their interest may appear.

• For vehicles funded by this Contract that COMMISSION has an ownership interest in, automobile physical damage shall be required on an actual cash value basis for comprehensive and collision coverage with maximum deductibles of one thousand dollars ($1,000) per accident and COMMISSION shall be named as Loss Payee, as COMMISSION’s interest may appear.

More Definitions of Loss Payee

Loss Payee means a party to whom an insurance settlement must be paid, which in the context of the Agreement is the Credit Provider.

Loss Payee means Lessor, except as otherwise provided in a consent and acknowledgment described in Section 8.3.2(b) of the Participation Agreement.

Loss Payee means Lessor, except as otherwise provided in a Lessee Consent.

Loss Payee. The Board of Regents of the Nevada System of Higher Education on behalf of Owner shall be named as loss payee as respects their interest in any property that the Contractor has an obligation to insure on behalf of Owner.

Loss Payee means the Lessor or, if the Lessor so notifies the Lessee in writing, the Security Trustee;

Loss Payee means the Lessor or, if the Lessor so notifies the Lessee in writing, the Security Trustee.

Loss Payee. The Bank of New York Mellon Trust Company, N.A. as Collateral Agent, as first loss payee Conditions: 30 days’ notice of cancellation or non-renewal except 10 days for non-payment of premium Acceptable loss payable clause Non-vitiation wording in favor of the Collateral Agent and the Secured Parties Waiver of subrogation in favor of the additional insureds