Shared Assurance definition

Shared Assurance means any guarantee, indemnity or other assurance against loss in respect of any of the Liabilities, the benefit of which (however conferred) is, to the extent legally possible, given to all the Secured Parties in respect of their Liabilities.
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Shared Assurance means any guarantee, indemnity or other assurance against loss in respect of any of the Liabilities granted by the Debtors from time to time, the benefit of which (however conferred) is, to the extent legally possible and subject to the Guarantee Limitations, given to all the Primary Creditors in respect of their Liabilities under the relevant Debt Documents (including where the Primary Creditors have, to the extent legally possible and subject to the Guarantee Limitations, separate but equivalent guarantees, indemnities or assurances against loss in respect of their relevant Liabilities).
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Examples of Shared Assurance in a sentence

  • The Cabinet Member (Finance, Property and Assets), Councillor Matthew Tomlinson presented a confidential report of the temporary Head of Shared Assurance Services that informed of the extension of the Council’s Long Term Agreements with its existing insurers for a further two years.

  • It was also agreed that the light touch inspection will be undertaken by the Internal Audit Team within Shared Assurance Services as part of their future Internal Audit Plans.

  • Internal Audit  Strong Internal Audit and Risk Management disciplines are embedded and the Shared Assurance Service maintains excellent working relationships with Senior Management, the Governance Committee and the Council’s External Auditors to provide an integrated approach to the provision of assurance within the Council.

  • The Committee considered a report presented by the Head of Shared Assurance Service and the Chief Executive for Chorley Council on progress in the delivery of key service developments and performance indicators contained in the 2017/18 Business Improvement Plan up to the end of November 2017 and including the Partnership’s projected out-turn financial position.

  • Revenue includes, among other items, revenue from the Medicare and Medicaid programs, patients, insurance carriers, preferred provider organizations, and managed care programs.

  • Pages 9 - 14) To receive and consider the report of the Interim Head of Shared Assurance Services.

  • As the Interim Head of Shared Assurance I am satisfied that, based on the areas reviewed during the financial year 2019/20 that sufficient work has been carried out to form a reasonable conclusion on the adequacy and effectiveness of Chorley Borough Council’s internal control environment.

  • This may include (in conjunction with Shared Assurance Services and other services where necessary) the installation and operation of a communications system other than land lines or mobile phones if necessary, between the ECC and Operational and Tactical Commands and other organisations Shared Assurance Services, where available will support the co-ordination of the ECC and the effective gathering of information to communicate on a multiagency basis.

  • This section covers our responsibilities to provide assurance that effective controls remainin place within Shared Financial Services and Shared Assurance Services and the proposed Shared Revenues and Benefits Service arrangements with South Ribble Borough Council.

  • The 2016/17 savings are attributable to the following key projects:-  Base Budget Review (£0.128m) – Continual robust challenge and update of the base budget to ensure it fully reflects changing levels of requirement  Productivity Gains and Efficiency Savings o Review of the Single Front Office and Shared Assurance Services.

Related to Shared Assurance

  • PJM Reliability Assurance Agreement means that certain Reliability Assurance Agreement Among Load Serving Entities in the PJM Region, on file with FERC as PJM Interconnection L.L.C. Rate Schedule FERC No. 44, and as amended from time to time thereafter.

  • Reasonable assurance means a high degree of confidence that submitted data and statements are valid.

  • Confidential communication means a communication not intended to be disclosed to third persons other than those to whom disclosure is in furtherance of the rendition of professional legal services to the client or those reasonably necessary for the transmission of the communication.

  • Telecommunications company means a person engaged in the furnishing of telecommunications service within this state.

  • Telecommunications Carrier is As Defined in the Act.

  • Telecommunication Services means the offering of Telecommunications for a fee directly to the public, or to such classes of users as to be effectively available directly to the public, regardless of the facilities used.

  • Mental health services provider means an individual, licensed or unlicensed, who performs or purports to perform mental health services, including a:

  • Communication Services means aeronautical fixed and mobile services to enable ground-to-ground, air-to-ground and air-to-air communications for ATC purposes;

  • Regulatory Services Provider means the organization which provides regulatory services to BSEF pursuant to a Regulatory Services Agreement.

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • Private communication service means a telecommunication service that entitles the customer to exclusive or priority use of a communications channel or group of channels between or among termination points, regardless of the manner in which such channel or channels are connected, and includes switching capacity, extension lines, stations, and any other associated services that are provided in connection with the use of such channel or channels.

  • Regulatory Services Agreement means the agreement between BSEF and the Regulatory Services Provider whereby the Regulatory Services Provider provides market surveillance and trade practice surveillance functions as well as other compliance related services to the SEF operated by BSEF.

  • Telecommunications Services means the offering of Telecommunications for a fee directly to the public, or to such classes of users as to be effectively available directly to the public, regardless of the facilities used.

  • Local Utility Services XOOM is an independent retail marketer of natural gas & electricity and is not affiliated with your local utility. Your local utility will continue to deliver your gas, read your meter, send your bill, and make necessary repairs. Your local utility will also respond to emergencies and provide other basic utility services as required. XOOM is not an agent of your local utility and your utility will not be liable for any of XOOM’s acts, omissions, or representations. Price:Your rate for gas purchases will be a fixed price of $0.4490 per therm, plus taxes and fees, if applicable, and a monthly administrative fee of $2.99. You will continue to be responsible for all charges assessed by your local utility for all services it provides, including any other fees or taxes specifically associated with services it continues to provide during the term of this Agreement, including transportation charges payable for Core Aggregation Service.

  • Telecommunications System means a system for conveying visual images, sounds or other information by electronic means;

  • Corporate Services Provider means Computershare Trust Company of Canada, a trust company formed under the laws of Canada, as corporate services provider to the Liquidation GP under the Corporate Services Agreement, together with any successor corporate services provider appointed from time to time;

  • Essential community provider or “ECP” means a provider that:

  • Wireless infrastructure provider means any person, including a person authorized to provide telecommunications service in the state, that builds or installs transmission equipment, wireless facilities, or wireless support structures, but that is not a wireless services provider.

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co-ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • Provider of financial assurance means an entity that provides financial assurance to an Owner or Operator of an underground storage tank through one of the mechanisms listed in these Regulations, including a guarantor, insurer, risk retention group, surety, issuer of a letter of credit, issuer of a state required mechanism, or a state.

  • Performance Assurance means collateral in the form of cash or letters of credit, or other security acceptable to the requesting Party.

  • Corporate Services Agreement means the Corporate Services Agreement dated as of the date hereof between the Borrower and the Services Provider, as amended from time to time in accordance with the terms hereof and thereof.

  • Services Provider means a provider of telecommunications services or other services similar to the Services, including O2 or an O2 Affiliate or any direct or indirect supplier of O2 or an O2 Affiliate;

  • Central Office Switch (CO means the switching entity within the public switched Telecommunications network, including but not limited to:

  • Emergency medical services provider means a person who has received formal training in prehospital and emergency care, and is licensed to attend any person who is ill or injured or who has a disability. Police officers, firefighters, funeral home employees and other persons serving in a dual capacity one of which meets the definition of “emergency medical services provider” are “emergency medical services providers” within the meaning of this chapter.

  • telecommunication service means service of any description (including electronic mail, voice mail, data services, audio text services, video text services, radio paging and cellular mobile telephone services) which is made available to users by means of any transmission or reception of signs, signals, writing, images and sounds or intelligence of any nature, by wire, radio, visual or other electromagnetic means;