Risk Policy means an insurance policy or a guaranty or similar instrument obtained by a Lender from a governmental agency or unit or from another third party (other than the Borrower or any Related Person) designed to mitigate such Lender’s political or commercial risk in connection with its Commitments or Advances.

Risk Policy means any policy issued by the insurer during any year of assessment of that insurer commencing on or after 1 January 2016 under which the benefits payable cannot exceed the amount of premiums receivable, except where the policy benefits are solely payable due to death, disablement, illness or unemployment and excludes a contract of 55

Risk Policy means a policy that provides risk benefits only or that provides primarily risk benefits;

Examples of Risk Policy in a sentence

The Builder's Risk Policy shall include endorsements providing coverage for building materials and supplies and temporary premises.
The Builder's Risk Policy shall include an endorsement permitting initial occupancy.
The closing of the sale of Interests to the Purchasing Partner(s) pursuant to this Section 9.1 shall be on an “as is” and “where is” basis with no representations or warranties other than the Required Representations.
The Group’s credit risk management encompasses all areas of credit that may result in potential economic loss, including not just transactions that are recorded on balance sheets, but also off-balance-sheet transactions such as guarantees, loan commitments and derivative transactions.Shinhan Bank's basic policy on credit risk management is determined by the Risk Policy Committee.
Our Insurance Risk Policy sets maximum global retention limits and related management standards and practices that are applied to reduce our exposure to large claims.

More Definitions of Risk Policy

Risk Policy has the meaning set forth in Section 4.25.

Risk Policy means a policy that provides risk benefits only;

Risk Policy shall have the meaning given to such term in the Agency and Services Agreement.

Risk Policy has the meaning given such term in Section 3.11.

Risk Policy means a policy that provides risk benefits only; Comment [IRFD60]: New definition.

Risk Policy means a policy which provides no surrender value and benefit payable on a specified date or dates.

Risk Policy means an insurance policy or third party guarantee obtained by a Bondholder designed to mitigate such Bondholder’s political or commercial risk in connection with the Bonds owned by such Bondholder.