Named Entity Insureds definition

Named Entity Insureds means the Named Entity, Subsidiaries, Property Manager and Insured Persons covered under under any Coverage Part designated as “Included” in the Declarations.
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Examples of Named Entity Insureds in a sentence

  • Should two or more Coverage Parts apply to the same Loss, the Insurer will not pay more than the actual Loss incurred by the Named Entity Insureds.

  • The Named Entity Insureds agree that this Policy, consisting of the Application, the Coverage Parts, and all endorsements listed in the Declarations, constitute the entire contract existing between them and the Insurer or any of its agents relating to this insurance.

  • The rules of the American Arbitration Association shall apply with respect to the selection of the arbitration panel, which shall consist of one arbitrator selected by the Named Entity Insureds, one arbitrator selected by the Insurer, and a third independent arbitrator selected by the first two arbitrators.

  • If, after exerting their best efforts, the Named Entity Insureds and the Insurer are unable to agree upon such an allocation after taking into account due consideration for the respective parties' willingness to pay the expenses of making any recovery, the Insurer, if requested by the Named Entity Insureds, shall submit the dispute to binding arbitration.

  • The Named Entity Insureds represent and acknowledge that the statements contained in the Application are true, are the basis of this Policy and are to be considered as incorporated into and constituting a part of this Policy, and shall be deemed material to the acceptance of this risk or the hazard assumed by the Insurer under this Policy.

  • If the Named Entity Insureds, other than any Property Manager, unreasonably refuse to consent to a settlement or compromise recommended by the Insurer, and acceptable to the claimant, then the applicable limit of liability under this Policy shall be reduced to the amount for which the Liability Claim could have been settled.

  • The Insurer shall not settle a Liability Claim without the consent of the Named Entity Insureds, other than any Property Manager, which consent shall not be unreasonably withheld.

  • The insolvency or bankruptcy of the Named Entity Insureds or the insolvency of their estate, shall not release the Insurer from the payment of damages for injury sustained or loss occasioned during the life of and with the coverage of this Policy.

  • If the Named Entity Insureds, other than any Property Manager unreasonably refuse to consent to a settlement or compromise recommended by the Insurer, and acceptable to the claimant, then the applicable limit of liability under this Policy shall be reduced to the amount for which the Liability Claim could have been settled plus all Defense Costs incurred up to the time the Insurer made its recommendation.

  • The Named Entity Insureds represent and acknowledge that the statements contained in the Application are true, are the basis of this Policy and are to be considered as incorporated into and constituting a part of this Policy.

Related to Named Entity Insureds

  • First party insurance means an insurance policy or contract in which the insurer

  • Insureds Premises Not An "Insured Location" a. Owned by an "insured"; b. Rented to an "insured"; or c. Rented to others by an "insured"; that is not an "insured location";

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Property Insurance is defined in Section 6.10(a).

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • general insurance business means any class of insurance business other than long-term insurance business;

  • Alien insurer means an insurer domiciled outside the United States.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Blanket travel insurance means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Named Insured means the person or organization named in Item 1 of the Declarations.

  • Additional Insureds has the meaning specified in Section 7.06(a) of the Indenture.

  • Member insurer means any person who:

  • Controlled insurer means a licensed insurer that is either directly or indirectly

  • Blanket insurance policy means a group policy covering a defined class of

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

  • R&W Insurer means AIG Specialty Insurance Company.

  • Adopt a comprehensive land use plan means to enact a new

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.