Examples of Insured Entity in a sentence
In the event the Insurer refuses to renew this Policy or the Insured Entity cancels or non- renews this Policy, the Insured Entity and the Insured Persons shall have the right to elect an extension of the coverage provided by this Policy for the time period and subject to the additional premium set forth in Item 7.
Insured Entity Claim The Insurer shall pay on behalf of the Insured Entity all Loss as a result of a Claim first made against the Insured Entity during the Policy Period for a Wrongful Act and reported to the Insurer as required by this Coverage Part.
The Insurer shall pay on behalf of the Insured Entity all Loss for which the Insured Entity indemnifies the Insured Persons, as a result of a Claim first made against the Insured Person during the Policy Period for a Wrongful Act and reported to the Insurer as required by this Coverage Part.
In the event of any payment under this Policy, the Insurer shall be subrogated to all of the Insureds’ rights of recovery and the Insured Entity and Insured Persons shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents as may be necessary to enable the Insurer to effectively bring suit in the name of any Insured Persons or the Insured Entity.
Any notice provided pursuant to this section shall be given as soon as practicable after the Chief Executive Officer, Chief Financial Officer, In-House General Counsel, Risk Manager or equivalent position of the Insured Entity first learns of such Claim, but in no event later than sixty (60) days after the end of the Policy Period.