Examples of Not For Profit Organisation in a sentence
Not For Profit Organisation means the Policyholder and its Subsidiaries.
Loss of or damage to Documents the Company shall pay on behalf of the Not For Profit Organisation or the Trustee all costs and expenses reasonably incurred by the Not For Profit Organisation the Trustee in replacing or restoring Documents.
A person’s circumstances are assessed against the income test and the asset test and the test that produces the lower pension is the test that applies.
If an Insured incurs both Loss covered by this Policy and Loss not covered by this Policy (either because a Claim is made against both Insured Persons and the Not For Profit Organisation or because a Claim includes both Loss which is covered and that which is not) the Company shall negotiate in good faith with the Insured to determine a fair and reasonable allocation of the Loss taking into account the relative legal exposures of the parties with respect to covered and uncovered Loss.
If any Not For Profit Organisation acquires or creates a Subsidiary that falls within the parameters specified in Policy Condition A.