Uninsured Loss definition

Uninsured Loss shall have the meaning set forth in Section 10.5.
Uninsured Loss. Any loss on the Certificates that results from a loss on the Mortgage Loans resulting from defaults by the Mortgagors that was not covered by the Pool Insurance Policy.
Uninsured Loss means Physical Damage to a Property which is either not covered by property insurance, or not covered in an amount sufficient to fully repair such Physical Damage to the Property.

Examples of Uninsured Loss in a sentence

  • Should it be necessary to make such a claim, full details of the losses must be provided to the Insurance Section who will forward all details to the Council’s Uninsured Loss Recovery agents.

  • All the Company policies include an Uninsured Loss Recovery service as standard.

  • If Premises Partial or Total Damage that is an Insured or Uninsured Loss occurs, then Landlord shall, at Landlord’s expense, repair such damage (but not Tenant’s Trade Fixtures or Tenant-Owned Alterations and Utility Installations) as soon as reasonably possible, but only to the extent of the available insurance proceeds, if any (provided Landlord has maintained the insurance coverage required hereunder), and this Lease shall continue in full force and effect.

  • There are certain areas where we have studied the market and have chosen a single or a limited number of providers to work with (these include Family Legal Expenses, Uninsured Loss Recovery, Motor Legal Expenses, Key Recovery, Home Emergency, Vehicle Breakdown, Teacher, Reflexology scheme, Excess Protection, Guaranteed Hire Car, Tools in Transit scheme and Gap cover).

  • All Company policies include an Uninsured Loss Recovery Service as standard.


More Definitions of Uninsured Loss

Uninsured Loss shall have the meaning set forth in Section 12.2.
Uninsured Loss shall herein mean damage or destruction which was caused by an event or casualty which is not required to be covered by the insurance described in Section 7, and which is in fact not covered by any insurance policies obtained by Landlord and/or Tenant.
Uninsured Loss means that the relevant Losses are not recoverable under the Insurances to be taken out by the SP in accordance with clause 46 (Insurance) (assuming that such Insurances have been taken out and maintained in force as required by clause 46 (Insurance) and taking no account of any Losses which are not recoverable as a result of any excess or deductible under any such policy of insurance);
Uninsured Loss means a financial loss to an eligible public assistance applicant due to the costs of repair, restoration, or other actions relating to an eligible category of damages under section 5 of this rule to property that is owned by, maintained by, or operated by or on behalf of an eligible applicant, and which financial loss is not compensated by insurance. The term does not include a deductible amount the insured applicant must pay before any insurance proceeds are paid.
Uninsured Loss. Means any loss sustained by You arising out of an Insured Event where such loss is recoverable from the insurers of the Third Party. We, Us, Our Means ACM and/or the Underwriter where appropriate. You / Your The Insured and any authorised driver of or passenger carried in or on the Insured Vehicle, or their legal representatives in the event of death. Reference to any statute or statutory provision and orders or regulations thereunder shall include a reference to that provision, order or regulation as amended, re-enacted or replaced from time to time whether before or after the policy commencement date. Words importing the singular shall include the plural and vice versa and references to persons include bodies corporate or unincorporated. Words importing any gender shall include all genders. If any term, condition, exclusion or endorsement or part thereof is found to be invalid or unenforceable the remainder shall remain in full force and effect. The headings in this policy are for reference only and shall not be considered when determining the meaning of this policy.
Uninsured Loss shall have that meaning ascribed thereto in Section 8.1(g).
Uninsured Loss means any loss or damage or liability, howsoever caused or arising, including all costs connected therewith, which is not covered by the Insurance Policies, including but not limited to damages resulting from the improper use of the Equipment, the use of Equipment by unauthorised persons losses or liabilities which are excluded from the Insurance Policies on account of a breach of the terms and conditions of such Insurance Policies, and which are declined by insurers for any reason whatsoever.