BSA Insurance Policies definition

BSA Insurance Policies means any and all known and unknown contracts, binders, certificates or Insurance Policies currently or previously in effect at any time on or before the Petition Date naming the Debtors, or either of them, or any predecessor, subsidiary, or past or present Affiliate of the Debtors, as an insured (whether as the primary or an additional insured), or otherwise alleged to afford the Debtors insurance coverage, upon which any claim could have been, has been, or may be made with respect to any Abuse Claim, including the policies listed on Schedule 2. Notwithstanding the foregoing, BSA Insurance Policies shall not include: (a) any policy providing reinsurance to any Insurance Company; (b) any Non-Abuse Insurance Policy;(c) any Local Council Insurance Policy; or (d) any Postpetition Insurance Policy.
Sample 1Sample 2Sample 3
BSA Insurance Policies means any and all known and unknown contracts, binders, certificates or Insurance Policies currently or previously in effect at any time on
Sample 1
BSA Insurance Policies means any and all known and unknown contracts, binders, certificates or Insurance Policies currently or previously in effect at any time on or before the Petition Date naming the Debtors, or either of them, or any predecessor, subsidiary, or past or present Affiliate of the Debtors, as an insured (whether as the primary or an additional insured), or otherwise alleged to afford the Debtors insurance coverage, upon which any claim could have
Sample 1

Examples of BSA Insurance Policies in a sentence

  • Except as provided for in an Insurance Settlement Agreement, neither any provision of the Plan nor the occurrence of the Effective Date shall alter, amend, or otherwise impair the rights and obligations of the Debtors, Reorganized BSA, JPM, or any applicable Insurance Company holding one or more letters of credit issued by JPM to secure obligations arising under one or more BSA Insurance Policies.

  • Notably, the Local Councils are named or additional insureds under a substantial portion of the BSA Insurance Policies.

  • Even where, as here, there are multiple insured parties under the BSA Insurance Policies and the Local Council Insurance Policies, “the bankruptcy estate owns only the debtor’s interest, not the co-insured’s interest.” In re Archdiocese of Saint Paul & Minneapolis, 579 B.R. 188, 202 (Bankr.

  • Instead, the Plan proposes to strip the Chartered Organizations of all of their property interests as additional insured in the BSA Insurance Policies and the Local Council Insurance Policies (apparently at the insistence of Chubb and Century), leaving the Chartered Organizations without claims or the adequate protection mandated by the Bankruptcy Code.

  • Such Local Council Insurance Policies are therefore property of the Estate under section 541(a)(7) of the Bankruptcy Code, as are the BSA Insurance Policies issued by the Settling Insurance Companies, which are property of the Estate under section 541(a)(1) of the Bankruptcy Code.

  • Accordingly, the Local Councils would be paying for their liability in full at the low end of the range and provide substantial coverage (almost 60%) even at the high end of the range.27In addition, the Local Councils’ contribution of their rights under the BSA Insurance Policies is also extremely valuable as this contribution allows the Settlement Trust to maximize the value of the policies to the Settlement Trust.

  • Medicaid defines the composite rate reimbursement (CRR) as a comprehensive payment for all modes of treatment in the freestanding facility, renal dialysis unit (RDU) or home setting.

  • As long as the Charter Organization authorizes an activity, it is covered by the Charter Organization, Local Council of the BSA, and the National BSA Insurance Policies.

  • Difference of opinion is the right of every member but majority always rule.

  • The Archdiocese is an insured party under multiple insurance25 contracts issued to the Boy Scouts of America (the "BSA Insurance Policies").

Related to BSA Insurance Policies

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Bond Insurance Policy means the financial guaranty insurance policy issued by the Bond Insurer insuring the payment when due of the principal of and interest on the Bonds as provided therein.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.