Chubb Agreement definition

Chubb Agreement means that certain General Agreement of Indemnity dated as of April 7, 2015 by and among certain of the Borrowers, Chubb and the other parties thereto from time to time.
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Chubb Agreement means the underwriting and reinsurance arrangement set forth in the Summary of Indicative Terms and Conditions, dated as of October 25, 2002, by and between Chubb Re, Inc. and Trenwick America Reinsurance Corporation.
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Chubb Agreement shall have the meaning assigned in Section 7.2(u).
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Examples of Chubb Agreement in a sentence

  • The services furnished by TORS hereunder are not to be deemed exclusive and TORS shall be free to furnish similar services to others so long as its services under this Agreement are not impaired thereby.

  • In the event that either or both of the Indemnitees cease to be employed by the Company, then the Company shall thereafter use and shall continue to use its best efforts to have the Indemnitees released from any and all obligations under the Chubb Agreement, whether as a result of the Company's replacement of the Bonds with other collateral or otherwise.

  • Neither the Company nor any Indemnitee shall request Chubb at any time to issue any Bond or Bonds under the Chubb Agreement (nor shall any Bond be renewed or extended) without the prior written consent of both Indemnitees.

  • Neither the Company nor the Subsidiaries will recognize any cancellation of indebtedness income after the Closing pursuant to the implementation of the Chubb Agreement.

  • Pursuant to that certain General Agreement of Indemnity dated May 7, 2003 (the "Chubb Agreement") executed by the Company and the Indemnitee in favor of Federal Insurance Company (an affiliate of the Chubb Group of Insurance Companies) and its affiliates (collectively, "Chubb"), the Company and the Indemnitee agreed as provided therein to indemnify Chubb from and against Chubb's obligations under any bonds and other like undertakings ("Bonds") issued by Chubb upon request of the Company and the Indemnitee.