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 regarding the policy, then the same shall apply to this Agreement and the Insured represents that it is authorized to sign on behalf of all insureds. If not, then all insureds' names must be shown on this agreement unless a separate agreement appoints an insured to act for the others.

Appears in 2 contracts

Samples: Afco Premium Financing Agreement, Premium Finance Agreement

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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 regarding with respect to any actions relating to the policy, then the same shall apply to this Agreement and the Insured represents that it is authorized to sign on behalf of all insuredsagreement. If notsuch is not the case, then all insureds' names must be shown on this agreement unless a separate agreement appoints an specifies one insured to act I all matters for the others.

Appears in 1 contract

Samples: It Group Inc

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 regarding the policy, then the same shall apply to this Agreement and the Insured represents that it is authorized to sign on behalf of all insureds. If not, then all insureds' names must be shown on this agreement unless a separate agreement appoints an insured to act for the others.

Appears in 1 contract

Samples: Premium Finance Agreement (Neose Technologies Inc)

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 regarding with respect to any actions relating to the policy, then the same shall apply to this Agreement and the Insured represents that it is authorized to sign on behalf of all insuredsagreement. If notsuch is not the case, then all insureds' names must be shown on this agreement unless a separate agreement appoints an specifies one insured to act in all matters for the others.. (11)

Appears in 1 contract

Samples: Cryolife Inc

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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 regarding with respect to any actions relating to the policy, then the same shall apply to this Agreement and the Insured represents that it is authorized to sign on behalf of all insuredsagreement. If notsuch is not the case, then all insureds' names must be shown on this agreement unless a separate agreement appoints an specifies one insured to act in all matters for the others.

Appears in 1 contract

Samples: Cryolife Inc

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