REQUIRED TYPES AND AMOUNTS Clause Samples

REQUIRED TYPES AND AMOUNTS. Developer’s financial integrity is of the interest to the City and the Board, therefore, subject to the Developer’s right to maintain reasonable deductibles in such amounts as approved by the City, Developer and/or Developer’s contractor, shall maintain in full force and effect during the construction of all Public Improvements required and any extension hereof, at the Developer’s or the Developer’s contractor’s sole expense, insurance coverage written on an occurrence basis by companies authorized and admitted to do business in the State of Texas and with an A.M. Best’s rating of no less than A– or better by the A.M. Best Company and/or otherwise acceptable to the City, in the following types and for an amount not less than the amounted listed:
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REQUIRED TYPES AND AMOUNTS. Developer’s financial integrity is of the interest to the City and the Board, therefore, subject to the Developer’s right to maintain reasonable deductibles in such amounts as approved by the City, Developer and/or Developer’s contractor, shall maintain in full force and effect during the construction of all Public Improvements required and any extension hereof, at the Developer’s or the Developer’s contractor’s sole expense, insurance coverage written on an occurrence basis by companies authorized and admitted to do business in the State of Texas and with an A.M. Best’s rating of no less than A– or better by the A.M. Best Company and/or otherwise acceptable to the City, in the following types and for an amount not less than the amounted listed: TYPE AMOUNTS 1. Workers' Compensation 2. Employers' Liability Statutory $1,000,000.00/$1,000,000.00/$1,000,000.00
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REQUIRED TYPES AND AMOUNTS. Developer’s financial integrity is of the interest to the City and the Board, therefore, subject to the Developer’s right to maintain reasonable deductibles in such amounts as approved by the City, Developer, Developer’s design consultants, and/or Developer’s contractor, shall maintain in full force and effect during the construction of all Public Improvements and Public Infrastructure required and any extension hereof, at the Developer’s, Developer’s design consultants, or the Developer’s contractor’s sole expense, insurance coverage written on an occurrence basis by companies authorized and admitted to do business in the State of Texas and with an ▇.▇. ▇▇▇▇’s rating of no less than A– or better by the A.M. Best Company and/or otherwise acceptable to the City, in the following types and for an amount not less than the amounted listed:
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REQUIRED TYPES AND AMOUNTS. During the Initial Term and any Extended Term of this Agreement, and until final completion and acceptance of its Services pursuant to this Agreement, Contractor shall procure and maintain insurance for the types and amounts specified in the Rider attached hereto and incorporated herein as Exhibit E.
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REQUIRED TYPES AND AMOUNTS. ▇▇▇▇▇▇▇’s financial integrity is of the interest to the City and the Board, therefore, subject to the Grantee’s right to maintain reasonable deductibles in such amounts as approved by the City, Grantee, ▇▇▇▇▇▇▇’s design consultants, and/or Grantee’s contractor, shall maintain in full force and effect during the construction of all Public Improvements and Public Infrastructure required, and any extension hereof, at the Grantee’s, Grantee’s design consultants, or the Grantee’s contractor’s sole expense, insurance coverage written on an occurrence basis by companies authorized and admitted to do business in the State of Texas and with an A.M. Best’s rating of no less than A– or better by the A.M. Best Company and/or otherwise acceptable to the City, in the following types and for an amount not less than the amounted listed for five (5) years after construction completion:
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REQUIRED TYPES AND AMOUNTS. Developer’s financial integrity is of the interest to the City and the Board, therefore, subject to the Developer’s right to maintain reasonable deductibles in such amounts as approved by the City, Developer and/or Developer’s contractor, shall maintain in full force and effect during the construction of the Project, at the Developer’s or the Developer’s contractor’s sole expense, insurance coverage written on an occurrence basis by companies authorized and admitted to do business in the State of Texas and with an A.M. Best’s rating of no less than A– or better by the A.M. Best Company and/or otherwise acceptable to the City, in the following types and for an amount not less than the amounted listed:
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Related to REQUIRED TYPES AND AMOUNTS

  • Types and Amounts The Issuing Bank shall not have any obligation to: (i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank; (ii) issue any Facility Letter of Credit if, after giving effect thereto, (1) the then applicable Outstanding Facility Amount would exceed the then-current Aggregate Commitment or (2) the then-applicable Outstanding Facility Amount would exceed the then-current Aggregate Commitment or (3) the Facility Letter of Credit Obligations would exceed the Facility Letter of Credit Sublimit; or (iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date beyond the then-current Facility Termination Date, provided, further, that a Facility Letter of Credit may, as a result of its express terms or as the result of the effect of an automatic extension provision, have an expiration date of not more than one year beyond the Facility Termination Date, so long as the Borrower delivers to the Administrative Agent for the benefit of the Lenders no later than the then Facility Termination Date either (1) cash collateral for such Letter of Credit for deposit into the Letter of Credit Collateral Account in an amount equal to the stated amount of such Letter of Credit, (2) a backup Letter of Credit having terms acceptable to the Administrative Agent and issued by a domestic financial institution having a rating assigned by ▇▇▇▇▇’▇ or S&P to its senior unsecured debt of AA/Aa2 or better or (3) other collateral satisfactory to the Administrative Agent. Upon the expiration, cancellation or termination of a Facility Letter of Credit for which cash, a backup Letter of Credit or other collateral has been provided pursuant to the preceding clause (1), (2) or (3), the Administrative Agent shall promptly return any such backup Letter of Credit to the Borrower or release such collateral if such extension is not exercised or is not exercisable.

  • Method of Selecting Types and Interest Periods for New Advances The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") not later than 11:00 a.m. (Chicago time) on the Borrowing Date of each Floating Rate Advance and not later than 11:00 a.m. (Chicago time) three Business Days before the Borrowing Date for each Eurodollar Advance, specifying: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurodollar Advance, the Interest Period applicable thereto. Not later than noon (Chicago time) on each Borrowing Date, each Lender shall make available its Loan or Loans in funds immediately available in Chicago to the Administrative Agent at its address specified pursuant to Article XIII. The Administrative Agent will make the funds so received from the Lenders available to the Borrower at the Administrative Agent's aforesaid address.

  • Adjustments to Required Subordinated Percentages and Amount (a) On any date, the Issuer may, at the direction of the Beneficiary, change the Required Subordinated Percentage of Class D Notes (Unencumbered) for the Class C( - ) Notes, without the consent of any Noteholders; provided that the Issuer has received written confirmation from each applicable Note Rating Agency that the change in such percentage will not result in a Ratings Effect for any Tranche of Outstanding DiscoverSeries Notes. (b) On any date, the Issuer may, at the direction of the Beneficiary, replace all or a portion of the Required Subordinated Amount of Class D Notes for the Class C( - ) Notes with a different form of credit enhancement (including, without limitation, a cash collateral account, a letter of credit, a reserve account, a surety bond, an insurance policy or a collateral interest, or any combination thereof) and may add such definitions and other terms and make such additional amendments to this Terms Document as shall be necessary for such replacement without the consent of any Noteholders, provided that the Issuer has received written confirmation from each applicable Note Rating Agency that such replacement and such other amendments will not result in a Ratings Effect for any Tranche of Outstanding DiscoverSeries Notes.

  • Are There Different Types of IRAs or Other Tax Deferred Accounts? Yes. Upon creation of a tax deferred account, you must designate whether the account will be a Traditional IRA, a ▇▇▇▇ ▇▇▇, or a ▇▇▇▇▇▇▇▇▇ Education Savings Account (“CESA”). (In addition, there are Simplified Employee Pension Plan (“SEP”) IRAs and Savings Incentive Matched Plan for Employees of Small Employers (“SIMPLE”) IRAs, which are discussed in the Disclosure Statement for Traditional IRAs). • In a Traditional IRA, amounts contributed to the IRA may be tax deductible at the time of contribution. Distributions from the IRA will be taxed upon distribution except to the extent that the distribution represents a return of your own contributions for which you did not claim (or were not eligible to claim) a deduction. • In a ▇▇▇▇ ▇▇▇, amounts contributed to your IRA are taxed at the time of contribution, but distributions from the IRA are not subject to tax if you have held the IRA for certain minimum periods of time (generally, until age 59½ but in some cases longer). • In a ▇▇▇▇▇▇▇▇▇ Education Savings Account, you contribute to an IRA maintained on behalf of a beneficiary and do not receive a current deduction. However, if amounts are used for certain educational purposes, neither you nor the beneficiary of the IRA are taxed upon distribution. Each type of account is a custodial account created for the exclusive benefit of the beneficiary – you (or your spouse) in the case of the Traditional IRA and ▇▇▇▇ ▇▇▇, and a named beneficiary in the case of a ▇▇▇▇▇▇▇▇▇ Education Savings Account. U.S. Bank, National Association serves as Custodian of the account. Your, your spouse’s or your beneficiary’s (as applicable) interest in the account is nonforfeitable.

  • Source and Amount of Funds Background of the Offer; Past Contacts, Transactions or Negotiations with the Company.............................