Uninsured Event definition

Uninsured Event means, any event that does not fall within the
Uninsured Event means, any event that does not fall within the insurance required to be taken out by the Franchisee pursuant to Condition E1 of the Station Access Conditions either because the: (a) insurance is not available to the Franchisee in respect of the risk in the rail industry market in the United Kingdom with an insurer who is a member of the Association of British Insurers (other than where the predominant cause of the insurance not being available is any act(s) or omission(s) of the Franchisee or an Affiliate of the Franchisee); or (b) the insurance premium payable for insuring that risk is at such a level that the risk is not generally being insured in the rail industry market in the United Kingdom by a reasonable and prudent Train Operator in the railway industry;
Uninsured Event means, any event that does not fall within the ambit of Condition E.1 of the Franchise Stations Access Condition either because the:

Examples of Uninsured Event in a sentence

  • If Landlord elects to terminate this Lease, this Lease shall terminate 60 days after the date of the occurrence of such Uninsured Event and all rent shall be adjusted as of such termination date.

  • Such election shall be made by Landlord upon notice to Tenant within thirty (30) days after the occurrence of the Uninsured Event.

  • If Landlord elects to terminate this Lease, this Lease shall terminate sixty (60) days after the date of the occurrence of such Uninsured Event and all rent shall be adjusted effective as of the date of occurrence such casualty.

  • Such election shall be made by Landlord upon notice to Tenant within forty-five (45) days after the occurrence of the Uninsured Event.


More Definitions of Uninsured Event

Uninsured Event means, any event that does not fall within the ambit of Condition E.1 of the Franchise Stations Access Condition either because the: (a) insurance is not available to the Franchisee in respect of the risk in the rail industry market in the United Kingdom with an insurer who is a member of the Association of British Insurers; or (b) the insurance premium payable for insuring that risk is at such a level that the risk is not generally being insured in the rail industry market in the United Kingdom by a reasonable and prudent Train Operator in the railway industry;
Uninsured Event means, with respect to the Power Station, any event the risk in respect of which is expressly excluded by the Insurance Policy at the date on which such event occurs or which would have been covered by the Insurance Policy but for any avoidance of liability by the insurer as a result of any act or omission of PowerGen;

Related to Uninsured Event

  • Insured Event means (a) Accidental Damage to Your Covered Equipment and/or (b) Battery Depletion and/or (c) the need to use Technical Support, which occurs during the Coverage Period.

  • Covered Event means any event or occurrence related to the fact that Indemnitee is or was a director, officer, employee, agent or fiduciary of the Company, or any subsidiary of the Company, or is or was serving at the request of the Company as a director, officer, employee, agent or fiduciary of another corporation, partnership, joint venture, trust or other enterprise, or by reason of any action or inaction on the part of Indemnitee while serving in such capacity.

  • Uninsured motor vehicle" means a land motor vehicle or trailer of any type: 1. To which no bodily injury liability bond or policy applies at the time of the accident. 2. To which a bodily injury liability bond or policy applies at the time of the accident. In this case its limit for bodily injury liability must be less than the minimum limit for bodily injury liability specified by the financial responsibility law of the state in which "your covered auto" is principally garaged. 3. Which is a hit-and-run vehicle whose operator or owner cannot be identified and which hits: a. You or any "family member"; b. A vehicle which you or any "family member" are "occupying"; or c. Your covered auto". 4. To which a bodily injury liability bond or policy applies at the time of the accident but the bonding or insuring company: a. Denies coverage; or b. Is or becomes insolvent. 1. Owned by or furnished or available for the regular use of you or any "family member". 2. Owned or operated by a self-insurer under any applicable motor vehicle law, except a self-insurer which is or becomes insolvent. 3. Owned by any governmental unit or agency. 4. Operated on rails or crawler treads. 5. Designed mainly for use off public roads while not on public roads. 6. While located for use as a residence or premises.

  • Uninsured Cause Any cause of damage to a Mortgaged Property such that the complete restoration of such property is not fully reimbursable by the hazard insurance policies required to be maintained pursuant to Section 3.14.

  • Uninsured Trust means any Trust other than an Insured Trust.