Obligatory Insurance definition

Obligatory Insurance means any policy or contract of insurance and any entry in a protection and indemnity or war risks association effected under or pursuant to Clause 3.01(a) hereof;
Obligatory Insurance means an insurance taken out as an imposition made by internal regulation.
Obligatory Insurance means any policy or contract of insurance and any entry in a protection and indemnity or war risks association effected pursuant to Clause 6;

Examples of Obligatory Insurance in a sentence

  • Other than as notified to and agreed by the Administrative Agent in writing, there have been no material amendments to any of the Obligatory Insurance or Management Agreements, and the copies of the Eligible Charters and Charter Guarantees provided to the Administrative Agent prior to the Closing Date are correct and complete (and there have been no material amendments thereto) as of the Closing Date.

  • State of play during the negotiations In the Republic of Slovenia, the insurance sector is regulated by the Insurance Companies Act and the Act on Obligatory Insurance against Civil Liability in Traffic.

  • The Act on Obligatory Insurance against Civil Liability in Traffic almost fully complied with the acquis, except for the part relating to minimum amounts for personal injuries.

  • Agency : Insurance CompanyEach employee should have employer-paid insurance according to the Law On Obligatory Insurance of The Liability of the Employer for Life and Health Tort to The Employee in Discharge of Labor and (O cial) Duties (February 7, 2005) that became e ective on July 1, 2005.The amount of insurance premium payable by an employer depends on insurance risks and wages.

  • Other than as notified to and agreed by the Administrative Agent in writing, there have been no material amendments to any of the Obligatory Insurance or Management Agreements, and the copies of the Eligible Charters and Charter Guarantees provided to the Administrative Agent prior to the Restatement Date are correct and complete (and there have been no material amendments thereto) as of the Restatement Date.

  • This obligation may be demanded pursuant to the revised text of the Law on Civil Liability and Insurance for Motor Vehicles and the Regulations on Obligatory Insurance and Civil Liability for Motor Vehicles, approved in Royal Decree 1507/2008, dated 12 September.

  • Draft Law intended to implement provisions of EU Directives: 2009/138/EC and 2016/97/EC;- draft Law of Ukraine “On Obligatory Insurance of Civil Liability of Owners of Vehicles” (reg.

  • The Concessionaire shall ensure that all Terminal Contracts (including for the avoidance of doubt all Obligatory Insurance Policies and all contracts entered into with contractors) contain a right to transfer the benefit and the burden of such Terminal Contracts to the ACP or its nominee for nominal or no consideration.

  • In this case since there are optical fibre cables located across the LW32 there is maximum exposure of these two cables and accompanying risk to the mobile telephone network and customers in the Industrial Area.

  • The exhibitor wishes to contract8 m² at 800€12 m² at 1.200 €16 m² at 1.500 €m² at 2.800 € Included: Rent of the exhibition space, Basic Stand, Fitted Carpet, Daily Cleaning, Obligatory Insurance, 12 digits for the lettering, Electric consume of 5.500W, included one plug.

Related to Obligatory Insurance

  • 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.

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

  • Excess Insurance shall not apply to any insurance coverage currently held by The Government of Bermuda, or to our Self-Insured Retentions of whatever nature.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;