Required Insurance definition

Required Insurance shall have the meaning provided in Section 9.03.

Required Insurance has the meaning set forth in Section 6.5(a).

Required Insurance means the insurance required of the Trade Contractor pursuant to the Trade Contract Agreement andAppendix B.

Examples of Required Insurance in a sentence

• Use of an automatic additional insured endorsement form is acceptable providing it satisfies the Required Insurance provisions herein.

• Alternatively, the County may purchase the Required Insurance, and without further notice to Contractor, deduct the premium cost from sums due to Contractor or pursue Contractor reimbursement.

• The full policy limits and scope of protection also must apply to the County and its Agents as an additional insured, even if they exceed the County’s minimum Required Insurance specifications herein.

• Required Insurance must be placed with licensed insurers admitted to transact business in the State of California with a current A.M. Best’s rating of A V or better, or, if insurance is placed with a surplus lines insurer, insurer must be listed on the State of California List of Eligible Surplus Lines Insurers (XXXXX) with a current A.M. Best’s rating of no less than A X.

• Contractors may use a combination of primary, and excess insurance policies which provide coverage as broad as (“follow form” over) the underlying primary policies, to satisfy the Required Insurance provisions.

More Definitions of Required Insurance

Required Insurance means an Insurance Policy with respect to a Financed Vehicle (i) that has been issued to the Obligor by an insurance company acceptable to the Servicer, (ii) that provides comprehensive, collision, fire, theft and other physical damage coverage, (iii) that is in an amount not less than the market value of the applicable Financed Vehicle, and (iv) that has the Servicer noted as the loss payee thereon.

Required Insurance means insurance coverage for the Project satisfying the requirements set forth in Schedule 6.3(b) of the Common Agreement.

Required Insurance means insurance as set forth on Schedule IV-A hereto.

Required Insurance means insurance of the type, deductibles and amounts as set forth on Schedule 3.20.

Required Insurance means, with respect to the Agency and the District, the insurance each Party is required to obtain and maintain during the term of this Agreement as set forth in Exhibit D.

Required Insurance means any insurance product that a borrower is required to obtain as a condition of closing a loan.

Required Insurance. Policy With respect to any Loan, any insurance policy that is required to be maintained from time to time under this Agreement. Reserve Fund The account established and maintained by the Trustee pursuant to Section 3A.02. Responsible Officer When used with respect to the Trustee, any officer assigned to the Corporate Trust Division of the Trustee (or any successor thereto), including any Vice President, any Assistant Vice President, the Secretary, any Assistant Secretary, any Trust Officer or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and having direct responsibility for the administration of this Agreement.