MUF definition

MUF means MU Finance Limited, a company incorporated in England and Wales with registered number 07088267.
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MUF means Everest Re's management underwriting facility which began in 1977 and was a reinsurance arrangement pursuant to which Everest Re ceded business to a number of insurance and reinsurance companies.
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Examples of MUF in a sentence

  • By this Agreement and subject to the terms and conditions set forth below, the Reinsurer agrees to indemnify the Company for the Company's Uncollectible Reinsurance Recoverables, as defined herein, with regard to business reinsured by or through MUF respecting Direct Excess Business and Gibraltar-Sourced Business, as defined herein.

  • The MUF, ALR, TLR, ICT ad PSG&A factors shall apply to all Products in Appendix "A" and shall vary according to the chart shown below.

  • Each Borrower shall repay its Borrower's Principal Outstanding for the Mining Unit Facility as at the end of its Availability Period (the Borrower's Total MUF Principal Outstanding) by repaying on each Repayment Date for the Mining Unit Facility set out in part 2 of annexure E an amount equal to the percentage set opposite that Repayment Date of the Borrower's Total MUF Principal Outstanding.

  • Each of the Noteholders, MUF, MUL and MUFC agree that it shall not take any position that is inconsistent with such intended treatment.

  • The Seller and Gibraltar shall have entered into an indemnification agreement (the "MUF AGREEMENT") substantially in the form of Exhibit C to this Agreement, relating to certain uncollectible MUF reinsurance recoveries and the Purchaser shall or shall cause Everest Re to provide to the Seller Schedule A to the MUF Agreement on or before the first Business Day following the date on which all of the conditions set forth in Articles IX, X and XI shall have been satisfied or waived.

  • By this Agreement and subject to the terms and conditions set forth below, the Indemnitor agrees to indemnify the Company for the Company's Uncollectible Reinsurance Recoverables, as defined herein, with regard to business reinsured by or through MUF respecting Direct Excess Business and Gibraltar-Sourced Business, as defined herein.

  • The parties hereto intend that this Amendment and Consent is a novation and that effective from and after the Effective Date, MUFC be substituted for MUF for all purposes under the Assigned Contracts.

  • MUFC hereby unconditionally accepts such assignment and assumes all of MUF’s duties, liabilities and obligations under each of the Assigned Contracts, and agrees to pay, perform and discharge, as and when due, all of the obligations of MUF under each of the Assigned Contracts accruing on and after the Effective Date.

  • Each Noteholder hereby agrees that it will recognize MUFC as MUF’s successor-in-interest in and to the Assigned Contracts, and that MUFC by this Amendment and Consent will become entitled to all right, title and interest of MUF in and to the Assigned Contracts as of and after the Effective Date.

  • The Purchaser acknowledges and agrees that, from and after the Closing, its sole and exclusive remedy with respect to any and all claims relating to the subject matter of this Agreement (other than claims under the MUF Agreement and the Additional Stop-Loss Agreement or claims of fraud) shall be pursuant to the indemnification provisions set forth in this Section 12.1(a) and Section 7.4(a) (solely with respect to Taxes).

Related to MUF

  • SIR means self-insured retention or similar deductible.

  • Green means products, materials, methods and processes certified by a “Green Authority” that conserve natural resources, reduce energy or water consumption, avoid toxic or other polluting emissions or otherwise minimize environmental impact.

  • RUB means the lawful currency of the Russian Federation;

  • RFT means Request for Tender.

  • Tree means any object of natural growth.

  • MUFG means MUFG Bank, Ltd.

  • MVAR means megavolt ampere of reactive power.

  • Clone means a non-flowering plant cut from a mother plant that is capable of developing into a new plant and has shown no signs of flowering.

  • Crane means any self-propelled vehicle to which has been permanently mounted or attached any crane, whether or not such vehicle was originally a truck, tractor, or other type of motor vehicle or was designed and built as a complete crane unit. However, the word "crane," as herein defined, shall not be construed to mean any truck or other vehicle equipped with or to which has been affixed any device used for the purpose of providing a means for towing other vehicles.

  • Raffle means a lottery in which the prize is won by (i) a random drawing of the name or

  • CM means City Manager of COE appointed in terms of Section 82 of the Local Government: Municipal Structures Act 117 of 1998

  • Bay means parking bay;

  • Loft means an intermediary floor on a residual space in a pitched roof; above normal floor level with a maximum height of 1.5 metres and which is constructed or adopted for storage purposes;

  • Scalping means the situation where the Client opens too many positions in CFDs at the same time and closes them for less than five minutes or buying at Bid price and selling at Ask price, so as to gain the Bid/Ask difference.

  • Rock means the body of consolidated or partially consolidated material composed of minerals at or below the land surface. Rock includes bedrock and partially weathered rock that is hard and cannot be dug with hand tools. The upper boundary of rock is "saprolite," "soil," or the land surface.

  • Max means maximum;

  • SADC means the Southern African Development Community;