Leased auto definition

Leased auto means an "auto" leased or rented to you, including any substitute, replacement or extra "auto" needed to meet seasonal or other needs, under a leasing or rental agreement that requires you to provide direct primary insurance for the lessor.
Leased auto means an “auto” you lease to a “lessee” under a “lease agreement” that requires the “lessee” to provide primary insurance for you.
Leased auto means an “auto” designated or described in the Schedule on this endorsement that is leased or rented to you, including any substitute, replacement or extra “auto” needed to meet seasonal or other needs, under a written lease agreement.

Examples of Leased auto in a sentence

  • The second set includes important financial characteristics: firm size (total assets), the firm’s growth potential (market-to-book ratio) and profitability (operating margin).

  • Furthermore, Mr. Chan Ka Chung and Mr. Leung Pak Hou Anson will resign as the chairman and chief executive officer of Rui Kang Pharmaceutical respectively with effect from the day of the closing of the Offer.


More Definitions of Leased auto

Leased auto means an "auto" leased or rented to you, including any substitute,
Leased auto. MEANS AN “AUTO” YOU OWN THAT 1) HAS A GROSS VEHICLE WEIGHT OF 12,500 POUNDS OR LESS; AND 2) IS LEASED BY YOU TO A LESSEE FOR ONE YEAR OR MORE UNDER A WRITTEN LEASE AGREEMENT WHICH REQUIRES THE LESSEE TO PROVIDE PRIMARY INSURANCE FOR YOU.
Leased auto means any “auto” you lease to a lessee under a lease agreement or arrangement.
Leased auto means an “auto” identified in the above Schedule that is leased or rented to you, including any substitute, replacement or extra “auto” needed to meet seasonal or other needs, under a written lease agreement.
Leased auto means an "auto" which you lease for a period of six months or longer for use in your business, including any "temporary substitute" of such "leased auto".
Leased auto means an "auto" you lease to a customer (lessee) for one year or more, including any substitute or extra "auto" you provide under a lease agreement where the lessee is providing primary insurance for you.
Leased auto means an "auto" you lease or rent to a lessee or rentee, including any substitute, re- placement or extra "auto" needed to meet sea- sonal or other needs, under a lease or rental agreement that requires the lessee or rentee to provide primary insurance for you.