Retained Risk definition

Retained Risk means each of the following:
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Retained Risk means a Transferring Risk in respect of which any liability (whether current or future, actual or contingent) remains unsatisfied or outstanding at the Effective Date and:
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Examples of Retained Risk in a sentence

  • The parties acknowledge that both parties participate in the State of Idaho Risk Management Program comprehensive liability plan utilizing the Retained Risk Account (“Risk Program”).

  • University’s liability coverage obligations shall be administered by the Administrator of the Division of Insurance Management in the Department of Administration for the State of Idaho, and may be covered, in whole or in part, by the State of Idaho’s Retained Risk Program.

  • The Program utilizes the Retained Risk Account, which is funded and in effect subject to limitation on liability of the Tort Claims Act, Idaho Code section 6-901 et seq.

  • The parties acknowledge that both Lessor and ▇▇▇▇▇▇ participate in the State of Idaho Risk Management Program comprehensive liability plan utilizing the Retained Risk Account (“Risk Program”).

  • University's liability coverage obligations shall be administered by the Administrator of the Division of Insurance Management in the Department of Administration for the State of Idaho, and may be covered, in whole or in part, by the State of Idaho’s Retained Risk Account, as provided under Idaho Code Section 6-919.

  • University’s liability coverage obligations shall be administered by the Administrator of the Division of Insurance Management in the Department of Administration for the State of Idaho, and may be covered, in whole or in part, by the State of Idaho’s Retained Risk Account.

  • Actions undertaken by the Interim Executive Director within the scope of this contract are covered under DHCD’s Retained Risk Program, in the same manner and to the same extent as it covers LHA executive directors, board members and staff who are performing duties within the scope their employment.

  • Consultant’s liability coverage obligations shall be administered by the Administrator of the Division of Insurance Management in the Department of Administration for the State of Idaho, and may be covered, in whole or in part, by the State of Idaho’s Retained Risk Account.

  • University's liability coverage obligations shall be administered by the Administrator of the Division of Insurance Management in the Department of Administration for the State of Idaho, and may be covered, in whole or in part, by the State of Idaho's Retained Risk Account, as provided under Idaho Code Section 6-919.

  • The Sellers' obligations with respect to Retained Risk E&C Contracts under Section 13.1 shall not be limited by, nor duplicative of, the Sellers' obligations under this Section 8.4.