Outside Entity Executive definition

Outside Entity Executive means: (1) any Executive of an Organization or other natural person indemnified by the Organization, who is, was, or will be acting at the specific request or direction of such Organization as an Executive, board observer or other position or capacity of: (i) a not-for-profit entity; or (ii) an Outside Entity that is a Portfolio Entity; or (2) any other person listed as an Outside Entity Executive in an endorsement attached to this policy.
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Outside Entity Executive means any Executive of a Company serving in the capacity as director, officer, trustee, trustee emeritus or governor of an Outside Entity, but only if such service is at the specific request or direction of a Company. In the event of a disagreement between a Company and an individual as to whether such individual was acting at the specific request or direction of such Company, this Coverage Section shall abide by the determination of the Named Insured on this issue and such determination shall be made by written notice to the Insurer within 90 days after the Claim first is reported to the Insurer pursuant to the terms of the policy. In the event no determination is made within such period, this Coverage Section shall apply as if the Named Insured determined that such Executive was not acting at such Company’s specific request or direction.
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Outside Entity Executive means any Director or Officer or any Employee of the Company who: (1) did or will serve or act; or (2) during the Period of Insurance is serving or acting, in the capacity as a Director or Officer (or equivalent executive or management position) of an Outside Entity at the Company’s specific direction and request.
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Examples of Outside Entity Executive in a sentence

  • Coverage A shall not apply to Loss arising from a Claim made against an Outside Entity Executive.

  • The Insurer shall pay the Loss of an Organization arising from a Claim first made during the Policy Period (or Discovery Period, if applicable) against an Insured Person (including an Outside Entity Executive) for any Wrongful Act of such Insured Person, but only if the Organization has indemnified the Insured Person for such Loss.

  • Insuring Agreement A shall not apply to Loss arising from a Claim made against an Outside Entity Executive.

  • The Insurer shall pay the Loss of an Outside Entity Executive arising from a Claim first made during the Policy Period (or Discovery Period, if applicable) against such Outside Entity Executive, for any Wrongful Act of such Outside Entity Executive.

  • For any Claim involving an Outside Entity Executive, this policy shall be specifically excess of any indemnification by the Outside Entity and any insurance coverage afforded to any such Outside Entity Executive or Outside Entity.

  • Outside Entity Executive means an Executive of the Insured Entity who is or was acting as a member of the board of directors, board of trustees, board of managers, or functional equivalent thereof, in any Not-For-Profit Outside Entity, provided and so long as such service is at the specific request, consent or direction of the Insured Entity.

  • SPECIMEN In connection with any covered Claim made against an Outside Entity Executive, a leased employee, or an independent contractor, and subject to all other terms and conditions herein, this policy shall apply specifically excess of any indemnification and any other insurance coverage available to an Outside Entity Executive, a leased employee or an independent contractor.

  • This policy shall pay the Loss of an Organization or a General Partner arising from a Claim made against an Insured Person (including an Outside Entity Executive), a General Partner or an Investment Advisor for any Wrongful Act of such Insured, taking place following the retroactive date, but only when and to the extent that such Organization or General Partner has indemnified such Insured Person, General Partner or Investment Advisor for such Loss.

  • In the event that no indemnification is provided for whatever reason by an Outside Entity, nor its Executives applicable to such Claim, the Organization must pay the excess specified in the Schedule and this policy shall only pay the Loss of any Outside Entity Executive in excess of the amount specified in the Schedule.

  • This policy shall pay the Loss of an Organization or a General Partner arising from a Claim made against an Insured Person (including an Outside Entity Executive), a General Partner or an Investment Advisor for any Wrongful Act of such Insured, but only when and to the extent that such Organization or General Partner has indemnified such Insured Person, General Partner or Investment Advisor for such Loss.


More Definitions of Outside Entity Executive

Outside Entity Executive means a natural person who is an employee, director or officer of the policyholder, who serves at the specific request of the policyholder as a director, officer, trustee, governor or equivalent of an outside entity.
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Outside Entity Executive means any: (1) Director(s) or Officer(s) of the Company who is or was acting at the specific written request or direction of the Company as a Director(s) or Officer(s) of an Outside Entity; or (2) any other person listed as an Outside Entity Executive in an endorsement attached to this policy.
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Outside Entity Executive means: (i) any Executive of an Organization serving in the capacity as director, officer, trustee, trustee emeritus or governor of an Outside Entity, but only if such service is at the specific request or direction of an Organization; or (ii) any other person listed as an Outside Entity Executive in an endorsement to this EPLI Coverage Part. It is understood and agreed that, in the event of a disagreement between an Organization and an individual as to whether such individual was acting at the specific request or direction of such Organization, this EPLI Coverage Part shall abide by the determination of the Named Organization on this issue and such determination shall be made by written notice to the Insurer within ninety (90) days after the Claim is first reported to the Insurer pursuant to the terms of the Policy. In the event no determination is made within such period, this EPLI Coverage Part shall apply as if the Named Organization determined that such Individual Insured was not acting at such Organization’s specific request or direction.
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Outside Entity Executive means any: (1) executive of a company who is, was or will be acting at the specific request or direction of a company as (1) an executive of an outside entity;(2) an executive of a not-for-profit entity; (3) a board observer of an outside entity; or (4) other person listed as an outside entity executive in an endorsement attached to this policy.
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Outside Entity Executive means any Executive of the Company serving in the capacity as
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Outside Entity Executive means any Executive of a Fund Organization serving in the capacity as director, officer, trustee, trustee emeritus or governor of an Outside Entity, but only if such service is at the specific request or direction of a Fund Organization or Fund Manager. In the event of a disagreement between a Fund Organization or Fund Manager and an individual as to whether such individual was acting at the specific request or direction of such Fund Organization or Fund Manager, this Coverage Section shall abide by the determination of the Named Insured on this issue and such determination shall be made by written notice to the Insurer within 90 days after the Claim first is reportedto the Insurer pursuant to the terms of the policy. In the event no determination is made within such period, this Coverage Section shall apply as if the Named Insured determined that such Executive was not acting at such Fund Organization or Fund Manager’s specific request or direction.
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Related to Outside Entity Executive

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

  • County Executive means the County Executive of the County.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Protected Employee means any employee of the Company or an Affiliate who was employed by Company or an Affiliate at any time within six (6) months prior to the termination of Grantee’s employment for any reason or any earlier date of an alleged breach by Grantee of the restrictions in Section 17 hereof.

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.

  • Company Employee means any current or former employee, independent contractor or director of the Company or any Company Affiliate.

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • Comparable Employee means as defined in Regulation 5(4) of the AWR being an employee of the Hirer who:

  • Named Executive Officers or “NEOs” means the following individuals: