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Insured Company definition

Insured Company means the organization(s) listed in Item 1 of the Declarations, whether as a corporation, partnership, joint venture, association, or otherwise, and any Insured Subsidiary.
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Insured Company means the organization(s) listed in Item 1 of the Declarations, whether as a corporation, partnership, joint venture, association, or otherwise, and any Insured Subsidiary. A debtor in possession, or the foreign equivalent thereof, of any Insured Company will also be considered an Insured Company.
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Insured Company means the organization(s) listed in Item 1. of the Declarations, whether as a corporation, partnership, joint venture, association, or otherwise, and any Insured Subsidiary, including any such organization(s) as a debtor in possession within the meaning of the United States Bankruptcy Code or similar legal status under foreign law.
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Examples of Insured Company in a sentence

  • If we decide not to renew this Policy, we will mail or deliver to the Insured Company written notice of non-renewal not less than sixty (60) days before the expiration date.

  • In the event of such purchase by Insured, Company shall execute all documents which may be necessary or advisable to release or otherwise transfer its interest in the Policy to the Insured.

  • Summary of Proposed Market Package Changes The table below lists the various Market Package Changes in detail.

  • The bankruptcy or insolvency of the Insured Company or any Insured Subsidiary shall not relieve us of any obligations hereunder.

  • The Insured Company and Underwriters shall use their best efforts to reach agreement on the question of whether more than a single Coverage Section applies to any Claim.

  • The Insurer shall pay on behalf of the Insured Company all Shareholder Demand Investigation Costs resulting from any Shareholder Demand first made during the Policy Period and reported to the Insurer.

  • The Insurer shall pay on behalf of the Insured Company all Loss as a result of a Claim first made against the Insured Company during the Policy Period for a Wrongful Act and reported to the Insurer.

  • At our sole discretion, coverage may be extended to any individual upon written application by the Insured Company and our written consent.

  • If the Insurer refuses to renew this Policy or the Insured Company cancels or non-renews this Policy, the Insured Company and the Insured Persons shall be entitled to a one-time, automatic extended reporting period of 60 days, which shall become effective immediately upon the end of the Policy Period.

  • Insuring Agreement C., only the Wrongful Acts and knowledge of the Chief Executive Officer, Chief Financial Officer, and the General Counsel of the Insured Company shall be imputed to such Insured Company and its Subsidiaries.


More Definitions of Insured Company

Insured Company means the Named Insured Company and any Subsidiary, including in the event of a bankruptcy, the Named Insured Company and any Subsidiary as a debtor in possession as such term is used in Chapter 11 of the United States Bankruptcy Code or equivalent foreign law or rule.
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Insured Company. ’ means a thrift and loan
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Related to Insured Company

  • Insured means the Executive.

  • Self-insured employer means an employer or group of employers certified under ORS

  • Insured contract means any written: a. leases of premises; b. easement agreements, except those concerning construction or demolition operations abutting railroad property; c. obligation to insure a municipality as required by law or ordinance, except in connection with work for the municipality; d. sidetrack agreements; or e. elevator maintenance agreements.

  • Controlled Company means a company having not more than fifty members and controlled, in the manner described by section 139, by not more than five persons;

  • Material Insurance Subsidiary means any Insurance Subsidiary that is a Material Subsidiary.

  • 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.

  • Insured Trust means a Trust which is comprised entirely of Pre-Insured Bonds and/or Bonds as to which such Trust has obtained Portfolio Insurance.

  • Controlled Entities means those entities (including special purpose entities) over which another party has the power to govern, directly or indirectly, decision making in relation to financial and operating policies, so as to require that entity to conform with such controlling party’s objectives;

  • Insurance group means the persons that comprise an insurance holding company system.

  • Uninsured Trust means any Trust other than an Insured Trust.

  • Child welfare agency means a child-placing agency, child-caring institution or independent foster

  • Captive Insurance Subsidiary means any Subsidiary of the Borrower that is subject to regulation as an insurance company (or any Subsidiary thereof).

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Welfare Plan means a “welfare plan”, as such term is defined in Section 3(1) of ERISA.

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Insurance Subsidiaries means, collectively, MGMM Insurance Company, a Nevada corporation and any Subsidiaries formed for the purpose of facilitating and providing insurance coverage and claims services for the Company and its Subsidiaries.

  • Commonly Controlled Entity an entity, whether or not incorporated, that is under common control with the Borrower within the meaning of Section 4001 of ERISA or is part of a group that includes the Borrower and that is treated as a single employer under Section 414 of the Code.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Approved company means a company approved by the Minister under clause 17A(1)”;

  • Material Group Company means the Issuer or a Subsidiary representing more than 10.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the EBITDA of the Group on a consolidated basis according to the latest Financial Report.

  • Related Companies means the companies within the meaning of Article L. 225-197-2 of the French Commercial Code or any provision substituted for same.

  • Insured Persons means one or more natural persons who were, now are, or shall hereafter be duly elected or appointed directors, trustees, officers, employees, committee members or volunteers of the Insured Organization, or, with respect to a Subsidiary operating outside the United States, their functional equivalent, regardless of title. It also means one or more natural persons who were, now are, or shall hereafter be duly elected or appointed directors, trustees, officers, employees, committee members or volunteers of any Property Manager, but only if

  • Sponsored captive insurance company means a captive insurance company:

  • Combined Company means Holdco and its consolidated subsidiaries after giving effect to the Business Combination.

  • Uninsured motor vehicle" means a land motor vehicle or trailer of any type: 1. To which no bodily injury liability bond or policy applies at the time of the accident. 2. To which a bodily injury liability bond or policy applies at the time of the accident. In this case its limit for bodily injury liability must be less than the minimum limit for bodily injury liability specified by the financial responsibility law of the state in which "your covered auto" is principally garaged. 3. Which is a hit-and-run vehicle whose operator or owner cannot be identified and which hits: a. You or any "family member"; b. A vehicle which you or any "family member" are "occupying"; or c. Your covered auto". 4. To which a bodily injury liability bond or policy applies at the time of the accident but the bonding or insuring company: a. Denies coverage; or b. Is or becomes insolvent. 1. Owned by or furnished or available for the regular use of you or any "family member". 2. Owned or operated by a self-insurer under any applicable motor vehicle law, except a self-insurer which is or becomes insolvent. 3. Owned by any governmental unit or agency. 4. Operated on rails or crawler treads. 5. Designed mainly for use off public roads while not on public roads. 6. While located for use as a residence or premises.

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

Most Referenced Clauses

Most Referenced Definitions