Common use of Interest of the Secured Parties Clause in Contracts

Interest of the Secured Parties. The Insurers acknowledge that the Secured Parties and (in respect of third party liabilities) their respective officers, directors, employees, secondees and assigns are each additional co-insureds under this Policy and that the premium specified in this Policy provides consideration for their being co-insured parties.

Interest of the Secured Parties. The Insurers Reinsurers acknowledge that the Secured Parties and (in respect of third party liabilities) their respective officers, directors, employees, secondees and assigns are each additional co-insureds under this the Original Policy and that the premium specified in this Policy provides consideration for their being co-insured parties.