Examples of Named Member in a sentence
Bankruptcy or insolvency of the Named Member will not relieve the Pool of its obligations under this Coverage Document.
By accepting this Coverage Document for which a contribution has been made to the Pool, the Named Member agrees that the statements in the Named Member’s application for coverage, and any subsequent annual renewal questionnaire forms are accurate and complete, and that the Pool has issued this Coverage Document in reliance upon those representations.
Any additional limits of liability purchased from the Pool by a Named Member in excess of those limits of liability stated in Section II.
Unless otherwise agreed in writing by the Pool, the Named Member shall complete the reconsideration procedures set forth in this Section prior to making any request for binding arbitration under the Pool Intergovernmental Agreement.
Upon exhaustion of the aggregate limit by such payments, the Pool will have no further obligations or liability of any kind to any Named Member.