No one is hurt, fortunately, in a large fire at your warehouse, but the cost of repairs will exceed the limits of
your underlying business property coverage.
Not exact matches
The four conglomerates originated in different sectors, but their
underlying business model is the same: cultivate powerful allies in the Communist Party; use those relationships to win regulatory and
property concessions; gather investment from friends, family and other proxies of party elites into a murky, unregulated private holding company; borrow heavily from state - owed banks and other sources to finance prodigious growth plans; invest as aggressively as possible in stock and
property overseas as a hedge against slower growth in China and the risk of a weaker Chinese currency.
Kemper believes the
underlying combined ratio is useful to investors and is used by management to reveal the trends in Kemper's
property and casualty insurance
businesses that may be obscured by catastrophe losses and prior - year reserve development.
«If you acquired your retail
property in the past two years, you are in this situation where if you don't hit certain minimum rents, it can be to the detriment of your
business plan and the
underlying mortgage,» said one mortgage broker who asked to remain anonymous.
Beyond an understanding of intellectual
property matters and the science and technology
underlying them, our attorneys understand the
business models used by our clients to maximize the value of these technologies, and we seek to create or add value to their intellectual
property and technology portfolios.
«The CRA's view is that the writing of a covered call option, whereby a registered plan sells a call option in respect of an
underlying property which it already owns, does not result, in and of itself, in the registered plan being considered to be carrying on a
business.
Numerous legal malpractice claims involving
underlying business, intellectual
property, securities, insurance and real estate litigation and transactions
While these laws vary, the basic
underlying fact of them is similar regardless of where you live:
property owners have an obligation to keep their land and the buildings on top of it safe for authorized visitors and those with
business...
While these laws vary, the basic
underlying fact of them is similar regardless of where you live:
property owners have an obligation to keep their land and the buildings on top of it safe for authorized visitors and those with
business there.
Commercial Umbrella Insurance provides an additional layer of liability insurance, (Bodily Injury and
Property Damage), over and above existing
business liability policies, also known as
underlying policies.
A personal umbrella policy is usually associated with a homeowners or personal auto policy and only extends coverage to
business property if those
underlying policies offer
business coverage, which is rare.
I want to make sure that the sponsor's
business plan makes sense given the
property and market they are targeting, so I look carefully at the
underlying projections to see if they make sense versus other alternatives in the marketplace.