Common use of Named Insured Clause in Contracts

Named Insured. If the insurance policy provides that the first named insured in the policy shall be responsible for payment of premiums and shall act on behalf of all other insureds with respect to any actions relating to the policy, then the same shall apply to this agreement. If such is not the case, then all insureds' names must be shown on this agreement unless a separate agreement specifies one insured to act in all matters for the others.

Appears in 2 contracts

Samples: Commercial Premium Finance Agreement (Cryolife Inc), Commercial Premium Finance Agreement (Cryolife Inc)

AutoNDA by SimpleDocs

Named Insured. If the insurance policy provides that the first named insured in the policy shall be responsible for payment of premiums and shall act on behalf of all other insureds with respect to any actions relating to regarding the policy, then the same shall apply to this agreementAgreement and the Insured represents that it is authorized to sign on behalf of all insureds. If such is not the casenot, then all insureds' names must be shown on this agreement unless a separate agreement specifies one appoints an insured to act in all matters for the others.

Appears in 2 contracts

Samples: Commercial Premium Finance Agreement, Commercial Premium Finance Agreement

Named Insured. If the insurance policy provides that the first named insured in the policy shall be responsible for payment of premiums and shall act on behalf of all other insureds with respect to any actions relating to the policy, then the same shall apply to this agreement. If such is not the case, then all insureds' names must be shown on this agreement unless a separate agreement specifies one insured to act in I all matters for the others.

Appears in 1 contract

Samples: Commercial Premium Finance Agreement (It Group Inc)

AutoNDA by SimpleDocs

Named Insured. If the insurance policy provides that the first named insured in the policy shall be responsible for payment of premiums and shall act on behalf of all other insureds with respect to any actions relating to regarding the policy, then the same shall apply to this agreementAgreement and the Insured represents that it is authorized to sign on behalf of all insureds. If such is not the casenot, then all insureds' ’ names must be shown on this agreement unless a separate agreement specifies one appoints an insured to act in all matters for the others.

Appears in 1 contract

Samples: Commercial Premium Finance Agreement (Neose Technologies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!