Relevant Insurance definition

Relevant Insurance means all policies of insurance to be obtained (or caused to be obtained) by Project Co in accordance with Article 2 of this Schedule 25.
Relevant Insurance means the Required Insurance and any other insurances as may be required by law other than:
Relevant Insurance the Required Insurances and any other insurances as may be required by law other than;

Examples of Relevant Insurance in a sentence

  • If the Government exercises such option in accordance with Clause 10.7 (Exercise of Termination Option), then in accordance with the provisions of this Clause 11 (Early Termination Purchase Price and Procedure), the Project Property should be valued at the "Project Company Default Purchase Price", which equals to: Outstanding Debt; plus Termination Costs; minus Outstanding Shareholder Commitments; minus Relevant Insurance Proceeds.

  • The Borrower fails to procure and maintain the Relevant Insurance Policies on its assets in accordance with this Agreement.

  • Seller agrees to maintain in full force and effect the Relevant Insurance Policies at Seller's sole cost and expense for a period of at least three (3) years after the Closing Date.

  • If any of the Relevant Insurance Policies are cancelled or expire prior to that time, then Seller agrees to secure, at its sole cost and expense, appropriate replacement coverage with policy limits, deductibles and maximums which are no less favorable than those currently existing under the Relevant Insurance Policies.

  • Receipt of notice of termination or cancellation of any Relevant Insurance Policies or reduction of coverages or amounts thereunder shall entitle the Lenders to renew any such policies, cause the coverages and amounts thereof to be maintained at levels required pursuant to the first sentence of this Section 8.05 or otherwise to obtain similar insurance in place of such policies, in each case at the expense of Borrower.


More Definitions of Relevant Insurance

Relevant Insurance means the Required Insurance and any other insurances as may be required by law other than Construction Period Insurance; Relevant Insurance Inception Date means the date on which the Relevant Insurance is first providing active insurance cover to the TSP, being a date no earlier than the Effective Date;
Relevant Insurance means the Required Insurance and any other insurances as
Relevant Insurance means the Required Insurance and any other insurances as may be required by law other than; Construction Period Insurance;75 Business Interruption Cover except to the extent that it relates to Unavoidable Fixed Costs76; and [any ancillary insurances]77;
Relevant Insurance has the meaning given in Section 7.1(g) of Schedule 24 - Insurance and Performance Security Requirements.
Relevant Insurance the Required Insurance and any other insurances as may be required by law other than:- (a) the Required Insurances relating solely to the Works; (b) Business Interruption Cover except to the extent that it relates to Unavoidable Fixed Costs; “Relevant Insurance Marketin relation to the Relevant Insurance, the PFI Insurance Market and the Power and Engineering Insurance Market, weighted 80:20 in favour of the PFI Insurance Market; “Relevant Insurance Inception Date” the date on which the Relevant Insurance is first providing active insurance cover to the Contractor, being a date no earlier than the Commencement Date; “Relevant Personany person or organisation that is an equity capital share bidder and/or Junior Debt bidder of the Contractor; “Relevant Transfer Date” the date on which any Relevant Employees transfer to the Contractor and/or one or more Sub-Contractors whether by virtue of any Relevant Transfers or deemed Relevant Transfers or otherwise;
Relevant Insurance means the Required Insurance and any other insurances as may be required by law other than: 13 This option is appropriate where the P2P system will not be used.
Relevant Insurance. Policy shall have the meaning as set forth in Section 15(d).