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;
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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 2.01(a) hereof;
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Obligatory Insurance means an insurance taken out as an imposition made by internal regulation.
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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.

  • Even though they can reach LODs in the fMrange [12] (see table 1), their current complexity in terms of time-consumption, expensive materials and complex realization [12], as well as the occurrence of interference from other analytes commonly present in natural waters, still represent an issue to overcome [21].

  • 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.

  • 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.

  • 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.

  • 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.

  • Suez Canal Company for Life Insurance.Wathak Takaful Insurance Company Egyptian Mogamaa for Obligatory Insurance.

  • Some countries restructured their Ministries of Health, Funds of Obligatory Insurance and other agencies in an attempt to decrease general costs and increase efficiency (Bulgaria, Croatia, Czech Republic, England, Iceland, Latvia, Lithuania, Portugal and Romania).

  • The exhibitor wishes to contractat 65 €/m² (16 to 32 m²)at 55 €/m² (48 to 64 m²)at 50 €/m² (from 80 m² onwards)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.

  • 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 (Official) Duties (February 7, 2005) that became effective on July 1, 2005.The amount of insurance premium payable by an employer depends on insurance risks and wages.


More Definitions of Obligatory Insurance

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;
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Related to Obligatory 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.

  • 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.

  • Insurances means, in relation to a Ship:

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

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

  • 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.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • contract of insurance means an agreement between the Secretary of Education and either the Trustee or the Seller providing for the insurance by the Secretary of Education of the principal of and accrued interest on a FFELP Loan to the maximum extent permitted under the Higher Education Act.

  • 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;

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

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • 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.

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.

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

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a resident 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.

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

  • 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.

  • 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.

  • Required Insurance shall have the meaning provided in Section 9.03.

  • Franchise insurance means an individual insurance policy provided through a

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

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