Assured Person definition

Assured Person means the Owner of the Vessel and/or any other person whilst aboard the Vessel with the permission of the Owner (provided always that this definition shall not include any person employed by any named Assured).
Sample 1Sample 2Sample 3
Assured Person means any principal, partner, director, officer or Employee of Yours or any member of their family.
Sample 1Sample 2Sample 3
Assured Person means an eligible and enrolled person under contract with the Master Policyholder or under contract to or employed by a person who is under contract with the Master Policyholder.
Sample 1Sample 2Sample 3

Examples of Assured Person in a sentence

  • If the Assured Person suffers Injury, or loss of or damage to clothing and personal effects during the Period of Insurance as a direct result of robbery or attempted robbery in the course of the Business We agree to pay You the appropriate benefit as set out in the Scale of Benefits.

  • Benefits payable and any other declarations or statements made or as may be made hereafter, by the Policyholder/Life Assured/ Person to whom Benefits payable.

  • The beneficiary for the lump sum Accidental Death benefit shall be as provided in the beneficiary designation made by the Assured Person which is on file with the Sponsoring Motor Carrier.

  • The policy covers an Assured Person while flying as a passenger in any aircraft except as excluded under Exclusion No. 16.

  • Upon the purchase of an annuity designating the Assured Person as payee, the Assured Person agrees that the obligation to make the future payments, as outlined in the policy, is transferred to the life insurance company.

  • In the absence of such beneficiary designation, or in the event the designated beneficiary predeceases the Assured Person, benefits for Accidental Death will be paid to the first of the following surviving beneficiaries: The Assured Person's (1) Spouse, (2) dependent child or children, jointly, or if neither of the first two, to the (3) estate.

  • Upon such transfer, the Assured Person will rely solely on the life insurance company to satisfy the schedule of payments and no further demands or claims can or will be made against the Underwriters’.

  • No fact pertaining to or knowledge possessed by any Assured Person shall be imputed to any other Assured Person for purposes of applying the exclusions set forth in this Section III.

  • It is agreed that in the event of the failure of the Underwriters’ hereon to pay any amount claimed to be due hereunder, the Underwriters’ hereon, at the request of the Assured Person or Sponsoring Motor Carrier, will submit to the jurisdiction of any Court of competent jurisdiction within the United States.

  • In the event that an Assured Person is insured against the same risks under another policy or other insurance provided by the same Underwriters’, one maximum amount which such Assured Person may claim from Underwriters’ shall not exceed the greater amount for which he is insured under the policy or such other insurance.


More Definitions of Assured Person

Assured Person means any principal, partner, governor, director, council member, member, officer or trustee of Yours or any Employee or any member of their family.
Sample 1Sample 2

Related to Assured Person

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Injured Person under this section means a Member covered by the EOC who sustains an injury or illness and any spouse, dependent or other person or entity that may recover on behalf of such Member including the estate of the Member and, if the Member is a minor, the guardian or parent of the Member. When referred to in this section, "KFHPWA's Medical Expenses" means the expenses incurred and the value of the benefits provided by KFHPWA under this EOC for the care or treatment of the injury or illness sustained by the Injured Person.

  • Insured Persons means the person/s named in the Schedule to the Policy, who is/are Indian Resident /s and for whom the insurance is also proposed and appropriate premium paid.

  • Covered Person means: (a) any officer, director, shareholder, partner, member, representative, employee or agent of (i) the Trust or (ii) the Trust's Affiliates; and (b) any Holder of Securities.

  • Issuer Covered Person shall have the meaning ascribed to such term in Section 3.1(oo).

  • leprosy cured person means a person who has been cured of leprosy but is suffering from—

  • Company Covered Person means, with respect to the Company as an “issuer” for purposes of Rule 506 promulgated under the Securities Act, any Person listed in the first paragraph of Rule 506(d)(1).

  • Covered Persons has the meaning set forth in Section 20(a).

  • Insured Member means a member insured under this subdivision.

  • Liquidity Indemnitee means the Liquidity Provider, its directors, officers, employees and agents, and its successors and permitted assigns.

  • injured party means any person entitled to claim compensation in respect of any loss or injury caused by a vehicle;

  • Advancing Person As defined in Section 3.22.

  • Director or officer means any of the following:

  • Exculpated Party means, collectively, and in each case in its capacity as such: (a) the Debtors;

  • Related Persons means, with respect to any Person, each Affiliate of such Person and each director, officer, employee, agent, trustee, representative, attorney, accountant and each insurance, environmental, legal, financial and other advisor and other consultants and agents of or to such Person or any of its Affiliates.

  • Exempted Person means the Sponsor, its members and its affiliates, any of their respective direct or indirect transferees of at least 15% of the Corporation’s outstanding common stock and any “group” of which any such person is a part under Rule 13d-5 of the Exchange Act.

  • Fiduciary Indemnified Person means each of the Institutional Trustee (including in its individual capacity), the Delaware Trustee (including in its individual capacity), any Affiliate of the Institutional Trustee or the Delaware Trustee, and any officers, directors, shareholders, members, partners, employees, representatives, custodians, nominees or agents of the Institutional Trustee or the Delaware Trustee.

  • Unrelated Person means any Person other than (i) a Subsidiary of Borrower or (ii) an employee stock ownership plan or other employee benefit plan covering the employees of Borrower and its Subsidiaries.

  • prescribed person means a person prescribed in O. Reg. 208/19 (Environmental Compliance Approval in Respect of Sewage Works) for the purpose of ss. 20.6 (1) of the EPA, and where the alteration, extension, enlargement, or replacement is carried out under an agreement with the Owner.

  • Lead Agent has the meaning given to it above;

  • recognised person means a recognised clearing house or a nominee of a recognised clearing house or of a recognised investment exchange;

  • Investor Party has the meaning set forth in Section 4.7.

  • Interested Person and “Principal Underwriter” shall have the meanings given them in the 1940 Act.

  • Supervised Person means directors, officers and partners of an Adviser (or other persons occupying a similar status or performing similar functions), employees of an Adviser, and any other person who provides advice on behalf of an Adviser and is subject to the Adviser’s supervision and control.

  • Privileged Person The Depositor and its designees, the Initial Purchasers, the Underwriters, the Mortgage Loan Sellers, the Master Servicer, the Special Servicer, any Excluded Mortgage Loan Special Servicer, the Trustee, the Certificate Administrator, any Additional Servicer designated by the Master Servicer or the Special Servicer, any Directing Holder, any Consulting Party, the Operating Advisor, any Affiliate of the Operating Advisor designated by the Operating Advisor, the Asset Representations Reviewer, any affiliate of the Asset Representations Reviewer designated by the Asset Representations Reviewer, any Companion Loan Holder that delivers an Investor Certification (subject to the next sentence and the proviso to this sentence), any other Person who provides the Certificate Administrator with an Investor Certification (subject to the next sentence and the proviso to this sentence), any Rating Agency, and any other NRSRO that delivers a NRSRO Certification to the Certificate Administrator; provided that in no event shall an Excluded Controlling Class Holder be entitled to Excluded Information with respect to a related Excluded Controlling Class Mortgage Loan with respect to which it is a Borrower Party (but this exclusion shall not apply to any other Mortgage Loan). In no event shall a Borrower Party (other than a Risk Retention Consultation Party if it is a Borrower Party) be considered a Privileged Person; provided that the foregoing shall not be applicable to, nor limit, an Excluded Controlling Class Holder’s right to access information with respect to any Mortgage Loan other than Excluded Information with respect to a related Excluded Controlling Class Mortgage Loan. For the avoidance of doubt, each applicable Directing Holder, Controlling Class Certificateholder and Consulting Party (other than the Risk Retention Consultation Party) and the Special Servicer shall, at any given time, only be considered a Privileged Person with respect to any Mortgage Loans or Serviced Loan Combinations for which it is not then a Borrower Party, and the limitations on access to information set forth in this Agreement will apply only with respect to the related Mortgage Loan for which the applicable party is a Borrower Party and only with respect to the related Excluded Information (in the case of the Directing Holder or a Controlling Class Certificateholder) or the related Excluded Special Servicer Information (in the case of the Special Servicer).

  • Disinterested Person means a director who has not, during the period that person is a member of the Committee and for one year prior to commencing service as a member of the Committee, been granted or awarded equity securities pursuant to this Plan or any other plan of the Company or any Parent, Subsidiary or Affiliate of the Company, except in accordance with the requirements set forth in Rule 16b-3(c)(2)(i) (and any successor regulation thereto) as promulgated by the SEC under Section 16(b) of the Exchange Act, as such rule is amended from time to time and as interpreted by the SEC.