Transfer of risk definition

Transfer of risk means, for purposes of this chapter only, an insurance carrier’s transfer of financial risk for the provision of health care services to a network through capitation or other means.
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Transfer of risk means, for purposes of this 94-4 chapter only, an insurance carrier ’s transfer of financial risk for 94-5 the provision of health care services to a network through 94-6 capitation or other means.
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Transfer of risk means, per InsWeb Insurance glossary, shifting all or part of a risk to another party. Insurance is the most common method of risk transfer, but other devices, such as hold harmless agreements, also transfer risk. One of the four major risk management techniques.
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Examples of Transfer of risk in a sentence

  • Transfer of risk of loss and damage to the Scope of Supply shall be in accordance with the stipulated Incoterm applicable at the date of Contractor’s Offer.

  • Transfer of risk, delivery, standards a The risk of loss and deterioration of the goods shall pass to the Customer at the latest: a) if we are obliged to transport the goods, at the time the goods leave our supplying plant, and b) if we are not obliged to transport the goods, at the time the goods are notified as ready for collection or dispatch.

  • Transfer of risk shall take place with delivery as mentioned herein.

  • If there are more applications than places available the preferences will be considered against the published oversubscription criteria.

  • Transfer of risk enables market participants to expand their volume of activity.

  • Transfer of risk of the Goods, shall pass from Supplier to MSF, in accordance with the Incoterm specified in the Purchase Order.

  • Transfer of risk: “TCP” will be liable from the moment “TCP” has accepted the containers at the gate (for valuable goods: from the moment the container is taken from the truck) until the loading on board of the vessel or from the moment of placing in stack (for valuable goods, from the moment of placing the container on the designated truck with chassis) after discharging until loading on vehicle leaving the Terminal.

  • Transfer of risk will take place after delivery of the goods to destination agreed.

  • Transfer of risk and rewards occurs for the sale of goods when the product is delivered along with dispatch documents and invoiced to customers.

  • Transfer of risk is the same as for FOB (as the goods pass the ship’s rail).

Related to Transfer of risk

  • transfer of funds means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:

  • Deportation or forcible transfer of population means forced displacement of the persons concerned by expulsion or other coercive acts from the area in which they are lawfully present, without grounds permitted under international law;

  • Letter of RFP means the letter of invitation being sent by the Procuring Entity to the Consultants.

  • Non-transferability means the occurrence of any event that makes it impossible for the Issuer to deliver Renminbi between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong, other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date and it is impossible for the Issuer, due to an event beyond its control, to comply with such law, rule or regulation).

  • Letter of Understanding means the written agreement signed by the School District and the Architectural Designer that describes, attaches, incorporates, or explains the Scope or Scope of Work, the Task Order, the Project Schedule or Work Schedule, the basis of the applicable Fee method, and other requirements for individual Projects assigned by the School District.

  • Restrictive procedures means the use of physical holding or seclusion of children with disabilities in an emergency. Because the special education director reported the district intends to continue the use of physically holding children with disabilities in an emergency, the district is required to maintain and make publicly accessible a restrictive procedures plan (RPP) for children with disabilities. Minnesota Statute requires that the plan must, at least, list the restrictive procedures the school intends to use; describe how the school will monitor and review the use of restrictive procedures; and include a written description and documentation of the training school personnel completed.

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with the terms of this Subscription Agreement.

  • Reciprocal agreement means an agreement between this state and a higher education compact or 1 or more other states that allows participating colleges to provide distance education to residents of this state and other member states under this act.

  • Transfer Office means the place where the principal register is situate for the time being.

  • Transfer Any direct or indirect transfer or sale of any Ownership Interest in a Residual Certificate.

  • Transfer Form means a standardized form prescribed by the Management Company to be duly filed by the investor to transfer Units and will be stated in this Offering Document.

  • Letter of Agreement means a written document that informally resolves a

  • EEA Agreement means the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 as adjusted by the Protocol signed at Brussels on 17th March 1993;

  • Type II transfer means that phrase as defined under Section 3 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.