Required Tax Loss Insurance Coverage Period definition

Required Tax Loss Insurance Coverage Period means the period beginning on the date on which a Tax Loss Insurance Policy is issued to, if prior to the scheduled expiration of a Tax Loss Insurance Policy, the Internal Revenue Service commenced an investigation of a Financing Fund that could result in a Tax Loss Indemnity with respect to such Financing Fund, the date of either (a) the termination of such investigation without a determination by the Internal Revenue Service that results in a Tax Loss Indemnity or (b) a final determination with respect to such investigation and payment of any Tax Loss Indemnity resulting from such final determination.
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Required Tax Loss Insurance Coverage Period means the period from the initial Closing Date to the later to occur of (i) the Anticipated Repayment Date and (ii) if prior to the scheduled expiration of the related Tax Loss Insurance Policy, the IRS commences an investigation of any Financing Fund that could result in a Tax Loss Indemnity with respect to such Financing Fund, the date of either (a) the termination of such investigation without a determination by the IRS that results in a Tax Loss Indemnity or (b) a Final Determination with respect to such investigation and payment of any Tax Loss Indemnity resulting from such Final Determination.
Sample 1Sample 2
Required Tax Loss Insurance Coverage Period means the period from the initial Closing Date to the later to occur of (i) the Anticipated Repayment Date and (ii) if prior to the scheduled expiration of the related Tax Loss Insurance Policy, the IRS commences an investigation of any Financing Fund that could result in a Tax Loss Indemnity with respect to such Financing Fund, the date of either (a) the termination of such investigation without a determination by the IRS that results in a Tax Loss Indemnity or (b) a Final Determination with respect to such investigation and payment of any Tax Loss Indemnity resulting from such Final Determination.
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Related to Required Tax Loss Insurance Coverage Period

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Acceptable Insurance Default shall have the meaning assigned to such term or analogous term in the Servicing Agreement.

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

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