Stay. The term ‘Stay’ means any rental period located worldwide for a maximum and non-renewable duration of 90 consecutive days in a furnished holiday rental and granted in lease by the Owner to the Lessee. The seasonal rental contracted by the Lessee must cumulatively satisfy all of the following conditions: Policyholder: the body or the legal entity or natural person, domiciled in the European Union including Switzerland, United Kingdom and Monaco, who took out the Assur Lodge insurance with the Subscribers and agrees to pay the contributions. Loss: Event that may give rise to the application of cover within the contract.
Appears in 11 contracts
Samples: Collective Insurance Policy, Collective Insurance Policy Contract, Collective Insurance Policy Contract