Examples of Insured Party in a sentence

The Company shall make all premium payments required to maintain such policy in full force and effect; provided, however, each Additional Insured Party, if any, shall pay to the Company, in advance of the due date of such premium, its allocated share of the premium.
Irrespective of whether the Adviser and any Sub-Adviser is a named Additional Insured Party on such policy, the Company shall provide the Adviser and any Sub-Adviser with written notice upon receipt of any notice of: (a) any default under such policy; (b) any pending or threatened termination, cancellation or non-renewal of such policy or (c) any coverage limitation or reduction with respect to such policy.
The Insured Party must repay the amount advanced within one month of the date the advance is made; failure to do so shall result in the charging of interest on the outstanding amount, at the current legal rate.
Coverage shall state that the Contractor's insurance shall apply separately to each Insured Party against whom claim is made or suit is brought.
The Insured Party must, during this communication, make the name of the insurer known with whom another insurance has been taken out and indicate the insured amount.

More Definitions of Insured Party

Insured Party means The Bank of New York Mellon, as Trustee for the benefit of the holders of the Notes.

Insured Party has the meaning set forth in Section 7.1(d).

Insured Party means a First Data Insured Party or a Western Union Insured Party.

Insured Party means a Marathon Oil Insured Party or a Marathon Petroleum Insured Party.

Insured Party means a person, whose property interest is insured;

Insured Party means each of KSI, the KSI Companies, KSL and the KSL Companies.