Insured Contract definition
Examples of Insured Contract in a sentence
Consultant’s CGL policy shall NOT include any of the following Endorsements (or their equivalent endorsement or exclusions): (a) Contractual Liability Limitation, (CGL Form 21 39 or equivalent), b) Amendment Of Insured Contract Definition, (CGL Form 24 26 or equivalent), (c) Limitation of Coverage to Designated Premises or Project, (CGL Form 21 44 or equivalent), (d) any endorsement modifying or deleting the exception to the Employer’s Liability exclusion, (e) any “Insured vs.
The Insured Contract must specify the nature and quantity of the goods and/or services to be sold, the Contract Currency and the terms of payment.
Indemnification for a claim shall be paid in accordance with the original Due Dates established by the Insured Contract and the Insured shall be obligated to pay Premium in accordance with the terms of this Policy up to the original Due Date of each payment.
The policy shall not contain any intra-insured exclusions as between insured persons or organizations, but shall include coverage for liability assumed under this Lease as an "Insured Contract" for the performance of Lessee's indemnity obligations under this Lease.
The Insured must ensure that at the time of risk attachment to this Policy, the Insured Contract will not be materially altered or amended whereby such amendment increases the risk to Insurers without Insurer’s prior written consent, such agreement not to be unreasonably withheld or delayed.