Risk Policy definition

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 a policy that provides risk benefits only or that provides primarily risk benefits;
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

Examples of Risk Policy in a sentence

  • Contractor shall provide a Builder’s Risk Policy to be made payable to the Owner and Contractor, as their interests may appear.

  • For renovation projects and or portions of work contained within an existing structure, the Owner waives subrogation for damage by fire to existing building structure(s), if the Builder’s Risk Policy has been endorsed to include coverage for existing building structure(s) in the amount described in the Special Conditions.

  • 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.

  • Design-Builder shall provide a Builder’s Risk Policy to be made payable to the Owner and Design-Builder, as their interests may appear.


More Definitions of Risk Policy

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 means any policy issued by the insurer during any year
Risk Policy has the meaning set forth in Section 4.25.
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.
Risk Policy means the Policy setting out the principles, terms and conditions for risk exposure and limits applicable for the JV Company in the conduct of the Business, to be agreed between Amyris and Raízen preferably prior to the Closing Date.
Risk Policy means the risk policy of the Buyer, as of the Effective Date, attached hereto as Exhibit A.