Mandatory Insurance definition

Mandatory Insurance means the insurance mandated by the Compulsory Automotive Insurance Act R.S.O. 1990, c.C.25, as amended;
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Mandatory Insurance has the meaning given in Section 3.4 of the Schedule 18 [Insurance Requirement];
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Mandatory Insurance has the meaning given in clause (a).
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Examples of Mandatory Insurance in a sentence

  • All income of the subcommittee in excess of its approved operating funds and after paying all expenses lawfully incurred by the subcommittee, must be transferred to the primary bank account of the Association as soon as possible or as the Association decides.20.10 Mandatory Insurance CoverThe Association must purchase and maintain the insurance cover required by the Director- General by notice published from time-to-time in the gazette.

  • All income of the subcommittee in excess of its approved operating funds will be transferred to the primary bank account of the Association as and when the Association determines.19.10 Mandatory Insurance CoverThe Association must purchase and maintain the insurance cover required by the Director- General by notice published from time-to-time in the gazette.

  • The General Conditions of Contract between County & Contractor (Section B) are incorporated and made part of this Informal Solicitation and any resultant contract, except that the insurance requirements listed in Provision 21 are replaced by the Mandatory Insurance Requirements listed in Attachment B.

  • In addition, that according to legislation on the employment terms of wage earners and Act No. 55/1980 on the Mandatory Insurance of Pension Rights, collective wage agreements determine minimum terms.

  • The Mandatory Insurance covers both exhibitor's staff and all visitors to their stands during the full tenancy of the show including build up and breakdown.

  • However, Paragraph 21, Insurance of the General Conditions will be superseded by the Mandatory Insurance Requirements listed on Page 22.

  • If an event occurs which, in the opinion of the Port User, may give rise to a claim against Southern Ports that is covered under any Mandatory Insurance Policy, the Port User must notify the other parties and must fully inform them as to the progress of any such claim to the extent that this is possible.

  • Compliance with Rhode Island Mandatory Insurance requirements shall be verified on a regular basis.

  • The taking out of the Mandatory Insurance Policies or any other insurance by the Port User does not in any way affect or limit its contractual rights, obligations and liabilities in these Port Standards and Procedures.

  • At this time the Division of Motor vehicles will use the information contained within the database solely to ensure vehicle owner’s compliance with Rhode Island’s Mandatory Insurance requirements.


More Definitions of Mandatory Insurance

Mandatory Insurance includes the insurance policies that are required to be obtained and maintained by Project Co pursuant to Sections 1, 2 and 3 of this Schedule 13 [Insurance] (the minimum required terms or sublimits thereof are specified herein) and any Additional Insurance, but excluding Elective Insurance or Supplemental Insurance.
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Mandatory Insurance is defined in Section 4.15.
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Mandatory Insurance means the insurance specified in Section 13.d. of the Agreement (as incorporated into this UK Addendum), and any insurance that Marqeta is required to take out and maintain under Applicable Law.
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Mandatory Insurance means any insurance that the Law makes it compulsory for any category or categories of persons to obtain;
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Related to Mandatory Insurance

  • obligatory insurances means, in relation to a Ship, all insurances effected, or which the Borrower owning that Ship is obliged to effect, under Clause 13 or any other provision of this Agreement or another Finance Document;

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Insurance Provider s Tender” means the completed Tendering Document submitted by the Insurance Provider to the Procuring Entity

  • Insurances means, in relation to a Ship:

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Type of insurance means coverage afforded under the particular policy that is being placed.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Force-Placed Insurance shall have the meaning set forth in Section 4.4.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • statutory instrument means an instrument (including a regulation) made or in force under or for the purposes of this Law, and includes an instrument made or in force under any such instrument;

  • Net Insurance Proceeds Insurance Proceeds, to the extent such proceeds are not to be applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the express requirements of the Mortgage or Note or other Loan Documents included in the Mortgage File or in accordance with the Servicing Standard, or with respect to the environmental insurance policy, applied to pay any costs, expenses, penalties, fines or similar items; provided that, in the case of an Outside Serviced Mortgage Loan, “Net Insurance Proceeds” under this Agreement shall be limited to any related Insurance Proceeds that are received by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations set forth in the related Co-Lender Agreement.

  • Self-insurance means the licence holder's financial capacity to meet any liability to a third party in respect of which the licence holder does not otherwise have insurance.

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Underlying insurance means the DESIGNATED UNDERLYING POLICY and all insurances affording professional liability insurance coverage to any INSURED hereunder which are considered to be primary to this insurance, including without limitation, any such mandatory insurance coverage afforded any INSURED by any law society or other program, and any such non-mandatory insurances purchased as coverage or primary to (beneath) this POLICY coverage, but in no case shall include any insurance specifically acquired and stated to be in excess of this POLICY. Signed on behalf of Lawyers’ Professional Indemnity CompanyDaniel E. PinningtonDaniel E. PinningtonPresident and Chief Executive Officer Endorsement No . 1pollutIon exClusIonThis POLICY, subject to all its terms and conditions not in conflict with this endorsement, and further to Part III Exclusion (g), shall include the following:This insurance does not apply to:(a) damage arising out of the actual, alleged or threatened discharge, seepage, dispersal, release or escape of pollutants:

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.