group insurance means blanket insurance and franchise insurance and any other forms of group insurance.
general insurance business means any class of insurance business other than long-term insurance business;
Individual health insurance coverage means health insurance coverage offered to individuals in the
Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.
Additional Insureds has the meaning specified in Section 7.06(a) of the Indenture.
Insurance Contracts means all contracts and policies of insurance and re-insurance maintained or required to be maintained by or on behalf of any Grantor under the Loan Documents.
Insurance Amount has the meaning set forth in Section 6.12(b).
R&W Insurance Policy has the meaning set forth in Section 6.15.
Additional Insured is defined in Section D of Annex D to the Lease.
D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.
Special Hazard Loss Coverage Amount With respect to the first Distribution Date, $5,000,000. With respect to any Distribution Date after the first Distribution Date, the lesser of (a) the greatest of (i) 1% of the aggregate of the principal balances of the Mortgage Loans, (ii) twice the principal balance of the largest Mortgage Loan and (iii) the aggregate of the principal balances of all Mortgage Loans secured by Mortgaged Properties located in the single California postal zip code area having the highest aggregate principal balance of any such zip code area and (b) the Special Hazard Loss Coverage Amount as of the Closing Date less the amount, if any, of Special Hazard Losses allocated to the Certificates since the Closing Date. All principal balances for the purpose of this definition will be calculated as of the first day of the calendar month preceding the month of such Distribution Date after giving effect to Scheduled Payments on the Mortgage Loans then due, whether or not paid.
Asset Coverage means asset coverage, as determined in accordance with Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Trust which are stock, including all Outstanding Series B Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are stock of a closed-end investment company as a condition of declaring dividends on its common stock), determined on the basis of values calculated as of a time within 48 hours (not including Saturdays, Sundays or holidays) next preceding the time of such determination.
Insurance Companies means the companies with whom the Insurance Policies are held.
Group health insurance coverage means in connection with a group health plan, health insurance
Life Insurance Policy has the meaning given in Section 6.11.
Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:
Cash Value Insurance Contract means an Insurance Contract (other than an indemnity reinsurance contract between two insurance companies) that has a Cash Value greater than $50,000.
UK Bail-in Liability means a liability in respect of which the UK Bail-in Powers may be exercised.
Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.
Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.
Reimbursement insurance policy means a policy of insurance
life insurance business means the business of providing or undertaking to provide policy benefits under life policies;
FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.
Insurance group means the persons that comprise an insurance holding company system.
Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.
Insurance Commissioner means the Insurance Commissioner