Named Windstorms definition

Named Windstorms means an atmospheric disturbance marked by high winds, with or without precipitation, including such events as hurricanes, typhoons, monsoons, cyclones, rainstorms, tempests, hailstorms, tornados, or any combination of the foregoing events, which in each case is identified by name by any meteorological Governmental Authority, such as the U.S. National Weather Service, National Hurricane Center or the National Oceanic and Atmospheric Administration, including any resulting flood, tidal, wave action or water damage.
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Named Windstorms means a storm and all other atmospheric perils arising out of such storm that are identified and named as a Tropical Storm or Hurricane by the National Hurricane Center of the National Weather Service, operated by the National Oceanographic Administration of the U.S. Government ("NHC"). The duration of such Named Windstorm shall be deemed to be as follows: 1. Beginning at the time a Named Windstorm warning is issued by the NHC for any part of each state in which the Company writes the business reinsured hereunder; 2. Continuing for the time period which the Named Windstorm conditions exist anywhere in such state; and 3. Ending 72 hours following termination of the last Named Windstorm warning by NHC for any part of such state. I. POLICIES "Policies" shall mean each of the Company's binders, policies and contracts of insurance on the business covered hereunder. J. RISK The Company shall be the sole judge of what constitutes one risk provided, however, that: 1. A risk shall never be less than all insurable values within exterior walls and under one roof regardless of fire divisions, the number of Policies involved, and whether there is a single, multiple or unrelated named insureds involved in such risk. EFFECTIVE: JULY 1, 2019 7. POR1238172 P189-0086 7/25/2019 2:47 PM.v3
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Named Windstorms means a storm and all other atmospheric perils arising out of such storm that are identified and named as a Tropical Storm or Hurricane by the National Hurricane Center of the National Weather Service, operated by the National Oceanographic Administration of the U.S. Government ("NHC"). The duration of such Named Windstorm shall be deemed to be as follows: 1. Beginning at the time a Named Windstorm warning is issued by the NHC for any part of each state in which the Company writes the business reinsured hereunder; 2. Continuing for the time period which the Named Windstorm conditions exist anywhere in such state; and 3. Ending 72 hours following termination of the last Named Windstorm warning by NHC for any part of such state. I. POLICIES "Policies" shall mean each of the Company's binders, policies and contracts of insurance on the business covered hereunder. EFFECTIVE: JULY 1, 2020 7. FIN_5166.3 P20-0134 7/28/2020 5:08 PM.v2
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Examples of Named Windstorms in a sentence

  • Enter the sum of the amounts from Form 1041, Schedule G, lines 1a and 1b, or the amount from the applicable line of your return6 Alternative minimum tax:● Individuals.

  • The limit for Designated Named Windstorms (DNWS) was reduced, annual aggregates were implemented and windstorm excess pools were introduced consisting solely of members with DNWS exposures.

  • The first provides coverage for Named Windstorms and catastrophic flood losses up to $50 million.

  • As regards windstorm, other than Named Windstorms, hail, tornado, hurricane, cyclone, including ensuing collapse and water damage, all individual losses sustained by the Company occurring during any period of 120 consecutive hours arising out of and directly occasioned by the same event.

  • Loss, damage or expense of whatsoever nature arising from Named Windstorms.

  • FIGURE 16 ALISON RAMSDELL, CARRIE SANDERSON, FORMER AG ERIC HOLDER, TROY MORLEY, AND KATHRYN RICHFIGURE 18 CAMMY THEELER AND MEGHAN ROCHE * Meghan Woster Roche, an AUSA in the Civil Division, was named the Young Lawyer of the Year by the South Dakota Bar Association.


More Definitions of Named Windstorms

Named Windstorms means a storm and all other atmospheric perils arising out of such storm that are identified and named as a Tropical Storm or Hurricane by the National Hurricane Center of the National Weather Service, operated by the National Oceanographic Administration of the U.S. Government ("NHC"). The duration of such Named Windstorm shall be deemed to be as follows: 
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Named Windstorms means a storm and all other atmospheric perils arising out of such storm that are identified and named as a Tropical Storm or Hurricane by the National Hurricane Center of the National Weather Service, operated by the National Oceanographic Administration of the U.S. Government ("NHC"). The duration of such Named Windstorm shall be deemed to be as follows: 1. Beginning at the time a Named Windstorm warning is issued by the NHC for any part of each state in which the Company writes the business reinsured hereunder; 2. Continuing for the time period which the Named Windstorm conditions exist anywhere in such state; and 3. Ending 72 hours following termination of the last Named Windstorm warning by NHC for any part of such state. EFFECTIVE: JULY 1, 2021 8. FIN_5166.4 I. POLICIES "Policies" shall mean each of the Company's binders, policies and contracts of insurance on the business covered hereunder. J. RISK The Company shall be the sole judge of what constitutes one risk provided, however, that: 1. A risk shall never be less than all insurable values within exterior walls and under one roof regardless of fire divisions, the number of Policies involved, and whether there is a single, multiple or unrelated named insureds involved in such risk. 2. When two or more buildings are situated at the same general location, the Company shall identify on its records at the time of acceptance by the Company, those individual buildings and all insurable values contained therein that are considered to constitute each risk. If such identification is not made, each building and all insurable values contained therein shall be considered to be a separate risk. 3. A risk shall be determined from the standpoint of the predominant peril and such peril shall be noted in the Company's records. K. ULTIMATE NET LIABILITY "Ultimate Net Liability" shall mean the remaining portion of the Company's gross liability on each Policy reinsured under this Agreement after deducting recoveries from all other reinsurance, whether specific or general and whether collectible or not. For avoidance of doubt, it is understood that recoveries under the Company's Property Per Risk Excess of Loss Contract shall inure to the benefit of this Agreement. ARTICLE VI - EXCLUSIONS I. AS RESPECTS PROPERTY BUSINESS COVERED UNDER THIS AGREEMENT THIS AGREEMENT DOES NOT COVER: A. THE FOLLOWING GENERAL CATEGORIES 1. All Lines of Business not specifically listed in Article I - Business Covered. 2. Reinsurance assumed.
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Related to Named Windstorms

  • windstorm means straight line winds of at least 80 miles per

  • Catastrophic Event means a rare circumstance in which mass casualties and/or significant property damage has occurred or is imminent (e.g. September 11th, hurricanes, earthquakes greater than 6.1 on the Richter scale)

  • Catastrophic Damage as used hereunder is major change or damage to In- cluded Timber on Sale Area, to Sale Area, to access to Sale Area, or a combination thereof:

  • Interrelated Wrongful Acts means Wrongful Acts that have as a common nexus any fact, circumstance, situation, event, transaction, cause or series of causally connected facts, circumstances, situations, events, transactions or causes.

  • COVID-19 Pandemic means the SARS-Cov2 or COVID-19 pandemic, including any future resurgence or evolutions or mutations thereof and/or any related or associated disease outbreaks, epidemics and/or pandemics.

  • Pandemic means any outbreaks, epidemics or pandemics relating to SARS-CoV-2 or COVID-19, or any evolutions or mutations thereof, and the governmental and other responses thereto.

  • Sabotage means deliberate damage, with malevolent intent, to a Category 1 or Category 2 quantity of radioactive material, a device that contains a Category 1 or Category 2 quantity of radioactive material, or the components of the security system.

  • Earthquake insurance, if the Leased Property is currently, or at any time in the future, located within a major earthquake disaster area, in amount, and in such form and substance and with such limits and deductibles as are satisfactory to Landlord; and

  • Slippage means the difference between the expected price of a Transaction in a CFD, and the price the Transaction is actually executed at. Slippage often occurs during periods of higher volatility (for example due to news events) making an Order at a specific price impossible to execute, when market orders are used, and also when large Orders are executed when there may not be enough interest at the desired price level to maintain the expected price of trade.

  • Vandalism means destruction of or damage to a Project Asset deliberately

  • Pandemic Measures means any quarantine, “shelter in place,” stay at home,” workforce reduction, social distancing, shut down, closure, sequester, immunization requirement, safety or similar Law, directive, guidelines or recommendations promulgated by any Governmental Authority, including the Centers for Disease Control and Prevention and the World Health Organization, in each case, in connection with or in response to a pandemic, including COVID-19.

  • Special Form property insurance, including insurance against loss or damage by fire, vandalism and malicious mischief, terrorism (if available on commercially reasonable terms), earthquake, explosion of steam boilers, pressure vessels or other similar apparatus, now or hereafter installed in the Hotels, with equivalent coverage as that provided by the usual extended coverage endorsements, in an amount equal to one hundred percent (100%) of the then full replacement cost of the property requiring replacement (excluding foundations) from time to time, including an increased cost of construction endorsement;