Operating Insurance definition

Operating Insurance shall have the meaning set forth in the Power Purchase Agreement.
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Operating Insurance means policies of insurance secured or to be secured by the Operating Agent as provided for in the SJPPA.
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Operating Insurance means the Insurance associated with the Facility after final completion of the Facility construction phase, specifically excluding Marine/Inland Marine Cargo, Marine Delay in Start Up, Builder’s Risk, and Workers Compensation coverages, as set forth in Appendix F, which are associated with construction or personnel.
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Examples of Operating Insurance in a sentence

  • Please ensure that all the requirements as specified in the above “ Section B – Operating Insurance Requirements – items 1-9(b)” are in compliance and detailed in the attached Certificate of Insurance form.

  • Tenant agrees to pay its Pro Rata Share of that portion of all Casualty Insurance under Section 2.3e incurred or paid by Landlord in connection with the ownership and operation of the Building ("insurance") during each Adjustment Period which exceeds the amount of Base Operating Insurance subject to proration under Section 2.3.2 below.

  • Owner shall be responsible for obtaining, on such terms and conditions as Owner and its Financing Parties reasonably deem to be appropriate, "all-risk" property insurance (including "business interruption" coverage) for the Facility for the period commencing with the first to occur of Provisional Acceptance, Interim Acceptance and Final Acceptance (the "Operating Insurance"), and Owner shall use all reasonable efforts to obtain such insurance at the lowest available cost.

  • Commencement of any work cannot begin until BC Housing has the Certificate of Insurance in hand.Part 2 To be completed by the Contractor/Society/Consultant’s Agent or Broker (please provide all details as specified under "Operating Insurance Requirements item 1-9 (b)" in the above attached Schedule "A") INSUREDNAMEADDRESSPOSTAL CODEOPERATIONS INSUREDPROVIDE DETAILSTYPE OF INSURANCE List each separately COMPANY NAME, POLICY NO.

  • Present and prosecute claims against insurers and indemnitors providing Operating Insurance or indemnities in respect of any loss of or damage to any property of the California Transmission System or liability of either Party to third parties covered by Operating Insurance or by any indemnity agreement, and to the extent that any such loss, damage or liability is not covered by Operating Insurance or by any indemnity agreement, present and prosecute claims against any parties who may be liable therefor.

  • Arrange for the placement and maintenance of Operating Insurance pursuant to Section 19.2.

  • Operating Insurance Requirements (please carefully read the notes at the bottom of the page): British Columbia Housing Management Commission (“BCHMC”) requires that the Borrower/Owner of the Project obtain a quote from Marsh Canada (“Marsh”), who have set up a Group Insurance Program for non-profit housing societies.

  • Merkel, To What Degree Were AIG’s Operating Insurance Subsidiaries Sound?, THE ALEPH BLOG (Apr.

  • All reimbursement payments received by the Project Company from SCPPA for Taxes and Operating Insurance premiums (as defined in the PPA) shall be deposited into the SCPPA Cost Reserve for application to the Taxes and Operating Insurance premiums for which they were received.

  • Terms of the remaining Directors will be staggered in order to ensure continuity of leadership.


More Definitions of Operating Insurance

Operating Insurance means insurance coverage applicable to Operations and Maintenance Work for the NWRRDS, to be procured and maintained in accordance with Section 15 and Exhibit E.
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Operating Insurance shall have the meaning set forth in the Power
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Operating Insurance. Policies of insurance secured or to be secured and maintained in accordance with Section 31.
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Related to Operating Insurance

  • Underlying insurance means the DESIGNATED UNDERLYING POLICY and all insurances affording professional liability insurance coverage to any INSURED hereunder which are considered to be primary to this insurance, including without limitation, any such mandatory insurance coverage afforded any INSURED by any law society or other program, and any such non-mandatory insurances purchased as coverage or primary to (beneath) this POLICY coverage, but in no case shall include any insurance specifically acquired and stated to be in excess of this POLICY. Signed on behalf of Lawyers’ Professional Indemnity CompanyDaniel E. PinningtonDaniel E. PinningtonPresident and Chief Executive Officer Endorsement No . 1pollutIon exClusIonThis POLICY, subject to all its terms and conditions not in conflict with this endorsement, and further to Part III Exclusion (g), shall include the following:This insurance does not apply to:(a) damage arising out of the actual, alleged or threatened discharge, seepage, dispersal, release or escape of pollutants:

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Franchise insurance means an individual insurance policy provided through a

  • Existing insurer means the insurance company whose policy or contract is or will be changed or affected in a manner described within the definition of “replacement.”

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

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

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

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • 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.

  • Property Insurance is defined in Section 6.10(a).

  • 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.

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.

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

  • Casualty insurance means liability insurance.

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

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • 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.

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Captive generating plant means a power plant set up by any person to generate electricity primarily for his own use and includes a power plant set up by any co-operative society or association of persons for generating electricity primarily for use of members of such cooperative society or association;

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

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • 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.