Examples of Excluded Policies in a sentence
The Reinsurance Agreement will serve to cede all of the Company’s obligations and liabilities with respect to the Excluded Business and the Excluded Policies to the Reinsurer.
Each of PK and HGV, on behalf of itself and its Subsidiaries, disclaims any rights that it otherwise may have under the Excluded Policies and agrees not to submit any claim or to pursue any recovery under any Excluded Policy, it being understood that the Excluded Policies are for the sole benefit of HLT and/or other parties.
Section 4.3 explains which policies are Excluded Policies, and why we’ve chosen to exclude them.
Coverage under such NBCU Excluded Policies shall remain available in accordance with (and subject to the terms of) this Section 6.06 with respect to any claim, act, omission, event, circumstance, occurrence or loss that was or is reported in accordance with the terms of such NBCU Related Insurance Policy to the applicable insurer or third party claims administrator prior to the Closing Date.
References to Transferring Policies in this paragraph 5 should be treated as including references to the Excluded Policies.