Individual Insureds definition

Individual Insureds means any persons who were, now are, or shall be directors, trustees, officers, Employees, volunteers or committee members of the Organization, including their estates, heirs, legal representatives or assigns in the event of their death, incapacity or bankruptcy.
Individual Insureds means Joseph Thomson, Gerald McRae, Andre Sian, Ernest Eves, Timothy Huxley, Michael Leskovec, Grant Walsh and Larry Smith;
Individual Insureds means any persons who were, now are, or shall be directors, trustees, officers, Employees, or committee members of the Organization, including their estates, heirs, legal representatives or assigns in the event of their death, incapacity or bankruptcy. J. “Insured(s)” means the Organization and the Individual Insureds. K. “Loss” means damages, settlements, front pay and back pay, pre-judgment and post judgment interest awarded by a court and punitive or exemplary damages to the extent such damages are insurable under applicable law, but does not include fines, penalties, taxes, the multiplied portion of any multiple damage award, and other monetary sanctions that are uninsurable by operation of law. For the purpose of determining the insurability of punitive damages and exemplary damages, the laws of the jurisdiction most favorable to the insurability of such damages shall control, provided that such jurisdiction has a substantial relationship to the relevant Insured or to the Claim giving rise to the damages. L. “Organization” means:

Examples of Individual Insureds in a sentence

  • The Plaintiffs also argue that the AWAC E&O Policy does not impose a mandatory arbitration requirement on MFGI, the Individual Insureds, or their assignees because those parties themselves did not specifically agree to mandatory arbitration in Bermuda.But the bulk of the Plaintiffs’ Omnibus Reply rests on the argument that the resolution of this dispute will require the adjudicating body to interpret and enforce the Previously Entered Orders in response to Allied World’s potential coverage defenses.

  • MFGI and the Individual Insureds are clearly “person[s] or [an] entity deriving rights through or asserting rights on behalf of the Named Insured.” (AWAC E&O Policy at 8.) The plain text of the arbitration clause, indeed the very first sentence in Section IX of the policy, plainly provides that Allied World and MFGH, “or any person or entity deriving rights through or asserting rights on behalf of” MFGH, agreed to arbitration.

  • If coverage under this Part А is excluded, suspended or lost for an Individual Insured due to that Individual Insured's failure to notify the Insurer of the Claim or Occurrence as required by paragraphs (a) and (b) of Condition 4.3, or to cooperate with the Insurer and ALIA in accordance with Condition 4.4(b), coverage shall continue to apply for the benefit of any Additional Insured against whom the Claim in question, or a Claim arising out of the Occurrence in question, is made.

  • Endorsement Retroactive Date: Individual Insured: Public Benefit Corporation(s) of which the Individual Insureds are an Officer or Director: In consideration of the Named Insured’s payment of premium, and in reliance upon the Named Insured’s statements made in the application for this Community Service Endorsement, incorporated herein by reference, Great Divide Insurance Company (“the Company”) agrees with the Named Insured as follows: The following section is added to I.

  • The amount of insurance proceeds expended to date for the defense of the Individual Insureds has been staggering, even before the first deposition has been taken.


More Definitions of Individual Insureds

Individual Insureds means a past, present or future duly elected or appointed director, officer, trustee, trustee emeritus, executive director, department head, committee member (of a duly constituted committee of the Organization), staff or faculty member (salaried or non-salaried), or Employee of the Organization, and an Outside Entity Executive. Coverage will automatically apply to all new persons who become Individual Insureds after the inception date of this policy.
Individual Insureds means, with respect to each Coverage Section, an Individual Insured, as that term is defined within each Coverage Section.
Individual Insureds means any person(s) who were, now are, or will be:
Individual Insureds means a past, present or future duly elected or appointed director, officer, trustee, trustee emeritus, executive director, department head, committee member (of a duly constituted committee of the Organization), staff or
Individual Insureds means any persons who were, now are, or shall be directors, trustees, officers, Employees, or committee members of the Organization, including their estates, heirs, legal representatives or assigns in the event of their death, incapacity or bankruptcy.J. “Insured(s)” means the Organization and theIndividual Insureds.K. “Loss” means damages and settlements, front pay and back pay, and pre-judgment interest awarded by a court.Loss does not include:
Individual Insureds means the following:
Individual Insureds means all persons who were, now are, or shall be directors, officers or employees of the "company", including their estates, heirs, legal representatives or assigns in the event of their death, incapacity or bankruptcy.