Business Insurance definition

Business Insurance means appropriate business insurance cover that has been taken out by a Participant for their business and is specified in their Business Plan.
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Business Insurance shall have the meaning ascribed thereto in Section 5.1.3 hereof.
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Business Insurance and " - Regulation" and "Description of Capital Stock" in the Prospectus, insofar as such statements constitute a summary of the legal matters, documents or proceedings referred to therein, provide a summary of such legal matters, documents and proceedings in all material respects;
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Examples of Business Insurance in a sentence

  • The contractor shall maintain Comprehensive Business Insurance for protection from claims under the Workmen’s Compensation Act, claims for damage because of bodily injury, death, or property damage to others, including employees of the Board of Education; and claims for damages arising out of the operation of motor vehicles, which may arise during the performance of the contract whether caused by the contractor or by any subcontractor or anyone directly or indirectly employed by either of them.

  • If insurance is for business purposes, also complete the Business Insurance Supplement.

  • MODULEAU: AuthorisationCHAPTERAU-1: Authorisation Requirements AU-1.4 Definition of Regulated Insurance Services (continued)Carrying on of Insurance Business (Insurance Firms) AU-1.4.7The carrying on of insurance business includes the carrying out and effecting of insurance contracts as principal, including with limitation contracts of long-term insurance or contracts of general insurance.

  • The Company’s results are reported in the following three business segments — Business Insurance, Bond & Specialty Insurance and Personal Insurance.

  • Please contact us for further information in relation to Business Insurance.

  • All premiums due and payable for such Compression Business Insurance Policies have been duly paid, and such Compression Business Insurance Policies or extensions or renewals thereof in the amounts described are in full force and effect.

  • None of the Contributor Parties or the Compression Group Entities have received any notice from the insurer under any Compression Business Insurance Policy cancelling or materially amending any such Compression Business Insurance Policy.

  • Based on revenues from self-insured clients, Gallagher Bassett currently ranks as the world’s largest multiline, third-party administrator, according to Business Insurance magazine.

  • We set out below a summary of the available covers provided by each Section of the Community Underwriting Not for Profit Business Insurance Policy.

  • The Business Insurance Policies will not terminate due to the consummation of the Transactions (assuming payment of any applicable policy premiums arising after the Closing).


More Definitions of Business Insurance

Business Insurance has the meaning set forth in Section 8.11. "Business Receivables" has the meaning set forth in Section 11.9(a). "Business Records" has the meaning set forth in Section 2.1. "Buyer" has the meaning set forth in the Background. "Buyer Indemnitee" has the meaning set forth in Section 12.1.1. "Buyer Material Adverse Effect" has the meaning set forth in Section 6. 1. "Buyer Non-Closing Event" has the meaning set forth in Section 9.1.8. "Buyer Permitted Termination" has the meaning set forth in Section 13.4(a). "Buyer's Lenders" shall mean Xxxxx Brothers Xxxxxxxx & Co. and First Union National Bank. "Buyer's Subsidiaries" has the meaning set forth in Section 3.2(a)(iv). "Buyer's Title Commitment" has the meaning set forth in Section 2.6.1(a). "Collection" has the meaning set forth in Section 11.9(b). "Collection Shortfall" has the meaning set forth in Section 11.9(b). "Closing" has the meaning set forth in Section 4.1. "Closing Date" has the meaning set forth in Section 4. 1.
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Related to Business Insurance

  • Excess Insurance shall not apply to any insurance coverage currently held by The Government of Bermuda, or to our Self-Insured Retentions of whatever nature.

  • 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.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Property Insurance is defined in Section 6.10(a).

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • 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.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a resident licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • First party insurance means an insurance policy or contract in which the insurer

  • Casualty insurance means liability insurance.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Blanket travel insurance means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • Franchise insurance means an individual insurance policy provided through a

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.