Insured Capacity definition

Insured Capacity means the position or capacity designated in the definition of Insured Person, but shall not include any position or capacity in any organization, other than the Insured Organisation or any Non-Profit Outside Entity , even if the Insured Organisation directed or requested the Insured Person to serve in such other position or capacity, unless such position is approved by an Authorised Employee of the Company and included by Scheduled Outside Entity Endorsement attached to this Policy.
Insured Capacity means the position held by any Insured Person in any Insured Organization, but shall not include any position in any entity other than such Insured Organization even if such Insured Organization directed or requested that such Insured Person serve in such other position.
Insured Capacity means the position held by any Insured Person in any Educational Institution, but shall not include any position in any entity other than such Educational Institution, even if such Educational Institution directed or requested that such Insured Person serve in such other position.

Examples of Insured Capacity in a sentence

  • Investigation means a formal administrative or formal regulatory inquiry or examination by a governmental, regulatory, self-regulatory, professional, trade, statutory or official body or institution, which is empowered by law to investigate the affairs of an Insured Person, individually or otherwise in his Insured Capacity, or an Organisation.


More Definitions of Insured Capacity

Insured Capacity means the performance of the duties and responsibilities of an Insured in connection with the governance, administration and operation of the Pension Scheme.
Insured Capacity means the position or capacity of an Insured Person that causes him or her to meet the definition of Insured Person. Insured Capacity does not include any position or capacity held by an Insured Person in any organization other than the Organization, even if the Organization directed or requested the Insured Person to serve in such position or capacity in such other organization.
Insured Capacity means, in relevant part, “the position or capacity of an Insured Person that causes him or her to meet the definition of Insured Person set forth in this coverage section. Insured Capacity does not include any position or capacity held by an Insured Person in any organization other than the Organization ” (Id. at 20).
Insured Capacity means the position or capacity held by an Insured as a principal, partner or director in the Professional Business.
Insured Capacity means the position or capacity of an Insured Person that causes him or her to meet the definition of Insured Person set forth in the applicable Coverage Section. Insured Capacity does not include any position or capacity held by an Insured Person in any organization other than the Organization, even if the Organization directed or requested the Insured Person to serve in such position or capacity in such other organization. Insured Person shall have the meaning set forth in the applicable Coverage Section. Loss shall have the meaning set forth in the applicable Coverage Section. Liability Coverage Section means the Directors & Officers Liability and Entity Liability, Employment Practices Liability, and Fiduciary Liability Coverage Sections of this Policy, if purchased as set forth in Item 4 of the Declarations of these General Terms and Conditions.
Insured Capacity means the position or ca- pacity of an "insured person" that causes him or her to meet the definition of "insured per- son" set forth in the applicable Coverage Sec- tion. "Insured Capacity" does not include any position or capacity held by an "insured per- son" in any organization other than the "or- ganization", even if the "organization" directed or requested the "insured person" to serve in such position or capacity in such other organi- zation.
Insured Capacity means the position or capacity designated in the definition of Insured Person held by any Insured Person but shall not include any position or capacity in any organisation other than the Organisation, even if such Organisation directed or requested the Insured Person to serve in such other position or capacity, other than an Outside Directorship.