Rock Solid Insurance definition

Rock Solid Insurance means Rock Solid Insurance Company, a South Carolina corporation.
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Rock Solid Insurance. Rock Solid Insurance Company, a South Carolina corporation. Rolling Stock: any mobile/portable piece of equipment that typically moves or is moved by its own wheels, tracks, or skids, including but not limited to automobiles, trucks (both on road and off road), trailers, tractors, bulldozers, scrapers, loaders, cranes, excavators, gradalls, drills, pavers, rollers, milling machines, material transfer vehicles, forklifts, travel lifts, portable crushers, portable screens, portable conveyors, light plants, arrow boards included in fixed assets on the Borrower’s Consolidated balance sheet, portable and fixed crash attenuators included in fixed assets on the Borrower’s Consolidated balance sheet, message boards included in fixed assets on the Borrower’s Consolidated balance sheet and any other motor vehicles and mobile equipment; provided, however, that if any of the foregoing is included as Inventory, then it shall not be Rolling Stock. For the sake of clarity, with respect to any ABL Priority Collateral, Rolling Stock shall not include Dedicated Processing Equipment located at any Material Real Property or Specific Real Property. Sale and Leaseback Transaction: any direct or indirect arrangement pursuant to which property is sold or transferred by the Borrower or a Restricted Subsidiary and is thereafter leased back by the Borrower or a Restricted Subsidiary.
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Examples of Rock Solid Insurance in a sentence

  • The fiscal year of the Borrower and each of its Restricted Subsidiaries (other than Rock Solid Insurance) ends February 28 (or 29, as applicable).

  • Each Restricted Subsidiary of the Borrower (other than Rock Solid Insurance) shall have executed and delivered to the Agent a Guaranty and Suretyship Agreement (the “Subsidiary Suretyship”) in substantially the form attached to this Agreement as Exhibit E.

  • These entities include Rock Solid Insurance Company, South Woodbury, L.P., NESL, II LLC, Kettle Creek Partners L.P., Kettle Creek Partners GP, LLC (Non Guarantors).F-34 New Enterprise Stone & Lime Co., Inc.

  • Additionally, the Company is required to provide a letter of credit in the amount of $0.9 million to guarantee payment of the deductible portion of its liability coverages existing prior to January 1, 2008.The Company also maintains a captive insurance company, Rock Solid Insurance Company, for workers compensation (Non PA employees), general liability, auto, and property coverage.

Related to Rock Solid Insurance

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Force-Placed Insurance shall have the meaning set forth in Section 4.4.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Hazard Insurance A fire and casualty extended coverage insurance policy insuring against loss or damage from fire and other perils covered within the scope of standard extended hazard coverage naming the Servicer, its successors and assigns, as a mortgagee under a standard mortgagee clause, together with all riders and endorsements thereto.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Companies means Borrower and its Subsidiaries; and “Company” shall mean any one of them.

  • Sponsored captive insurance company means a captive insurance company:

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • Required Insurance shall have the meaning provided in Section 9.03.