Risk Transfer definition

Risk Transfer means the entry into one or more hedging, risk participation, derivative or similar transactions (howsoever described or documented).

Risk Transfer means allocation of the probability of losses or other harmful consequences to the Project between the parties of PPP Agreement .

Risk Transfer means holding Premiums due to the Insurer or return Premiums due to Customers as agent for the Insurer;

Examples of Risk Transfer in a sentence

• The Risk of loss of or Damage to the Works shall pass from the Contractor to the Employer on the Risk Transfer Date applicable thereto.

• The Contractor shall be responsible for the care of the Works from the commencement date until the Risk Transfer Date applicable thereto under Sub Clause 38.2.The Contractor shall also be responsible for the care of any part of the Works upon which any outstanding Works is being performed by the Contractor during the Defects Liability period until completion of such outstanding Work.

• In particular, both internal and external interest income and costs for individual segments are determined with the use of the transfer price system within the Risk Transfer System (RTS).

• We work with major Trade Finance / Credit Insurance companies specializing the ART (Alternative Risk Transfer) and create products that can transfer and handle the risk management with Re-insurance companies.

• In some cases premiums are collected in line with a strict agency agreement known as a Risk Transfer and when we collect these premiums, we are acting on behalf of the Insurer.

More Definitions of Risk Transfer

Risk Transfer has the meaning specified in Section 8.08(e).

Risk Transfer means the process of formally or informally shifting the financial consequences of particular risks from one party to another whereby a household, community, enterprise or state authority will obtain resources from the other party after a disaster occurs, in exchange for ongoing or compensatory social or financial benefits provided to that other party;

Risk Transfer. The risk in the Goods will transfer to MSL UK LTD upon their completed delivery to their Facility. The Goods will remain at MSL UK LTD's risk until they are delivered into the possession of the Customer, the Client, or the Customer's designated carrier, agent, or logistics supplier. The transfer of risk should be evidenced by written or electronic receipt.

Risk Transfer. If the REINSURED's auditors in good faith determine and advise the parties in writing by certified or registered mail that this Agreement does not accomplish "risk transfer" pursuant to FASB 113 and NAIC Accounting Practices and Procedures Manual Chapter 22, the REINSURER will amend the terms of this Agreement effective from inception, such amended terms to be reasonably acceptable to the REINSURED, to accomplish such "risk transfer".

Risk Transfer means shifting the burden of financial loss or responsibility for risk financing to another party, through insurance, reinsurance, or other means;

Risk Transfer means substantial (but manageable) financial, technical and legal risk transfer to the Private Party in the performance of the PPP Works and rendering of the PPP Services as opposed to the Institution carrying such risk itself;

Risk Transfer means that risk should be transferred to other companies or organizations. It includes such methods as claiming damages with insurance policy when risk becomes apparent, and outsourcing the operation of internal information system through contracts with other companies to claim damages due to unauthorized access or malware infection based on these contracts.