PLEDGE AND SECURITY AGREEMENT FOR GUARANTEE OF DEDUCTIBLE and / or LOSS LIMIT REIMBURSEMENTPledge and Security Agreement • December 29th, 2015 • Itt Educational Services Inc • Services-educational services • Massachusetts
This pledge and security agreement for guarantee of deductible and / or loss limit reimbursement, (" Agreement"), is made and entered into as of 12/15/2015 by and between Liberty Mutual, as defined in ¶ 1 below, and Policyholder, as defined in ¶ 2 below, to secure all of Policyholder's obligations to Liberty Mutual arising out of or in connection with any and all the following insurance policies including any and all renewals, rewrites thereof (singularly the "Insurance Policy" collectively the "Insurance Policies") listed below and any policies with deductible or loss limit provisions which are written by Liberty Mutual for Policyholder subsequent to the execution of this Agreement but prior to the renewal are incorporated herein by reference and made a part hereto.
