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LSDefine

Simple English definitions for legal terms

restor

Read a random definition: Help America Vote Act of 2002

A quick definition of restor:

RESTOR: A term used in insurance, especially for marine underwriters, to refer to the right to seek compensation from each other based on the date of their insurance. It can also refer to the right of marine insurers to seek compensation from a ship's master if a loss occurs due to their fault or negligence, or the right of someone to seek compensation from a guarantor or other person who has a duty to indemnify them. Restor is sometimes spelled as restaur.

A more thorough explanation:

Definition: Restor is a term used in the insurance industry, especially in marine underwriting. It refers to the recourse that insurers have against each other based on the date of their insurance. It can also refer to the recourse that marine insurers have against a ship's master if a loss occurs due to their fault or negligence. Additionally, it can refer to the recourse that one has against a guarantor or other person under a duty to indemnify.

Example: If two insurers have provided coverage for the same risk, the insurer who provided coverage first has the right to claim against the other insurer in case of a loss. This is an example of restor.

Explanation: This example illustrates the first part of the definition, where restor refers to the recourse that insurers have against each other based on the date of their insurance. In this case, the insurer who provided coverage first has the right to claim against the other insurer in case of a loss.

Example: If a ship's master is found to be at fault or negligent in a loss, the marine insurer can claim against them for compensation. This is an example of restor.

Explanation: This example illustrates the second part of the definition, where restor refers to the recourse that marine insurers have against a ship's master if a loss occurs due to their fault or negligence.

Example: If a guarantor fails to fulfill their obligation to indemnify, the person who was supposed to be indemnified can claim against them for compensation. This is an example of restor.

Explanation: This example illustrates the third part of the definition, where restor refers to the recourse that one has against a guarantor or other person under a duty to indemnify.

restitutory right | restorative justice

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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