Ransom Monies definition

Ransom Monies means any monies which you or an insured person has paid (or lost in-transit/delivery) under circumstances described in the Description of Cover. The term ‘Monies’ includes cash, monetary instruments, bullion, or the fair market value of any securities, property or services.
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Ransom Monies means any monies which the Insured or Insured Person(s) has paid or lost under circumstances described in Insured Event A or C. The term “Monies” as used herein includes cash, monetary instruments, bullion, or the fair market value of any securities, property or services.
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Ransom Monies means any monies which the Named Insured or an Insured Person has paid (or lost in-transit/delivery) as a direct result of a Kidnapping or alleged Kidnapping of an Insured Person. The term ‘Monies’ includes cash, monetary instruments, bullion, or the fair market value of any securities, property or services.
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Examples of Ransom Monies in a sentence

  • This exclusion will not apply to the payment of Ransom Monies in a situation where local authorities have declared such payment illegal; orB.

  • Payment or Loss of Extortion or Ransom Monies and Expenses; and3.

  • Kidnap, Ransom & Extortion If, during the Period of Insurance, and whilst on a Journey, an Insured Person is Kidnapped or allegedly Kidnapped or the subject of Extortion outside of their Country of Residence, We will reimburse the Extortion or Ransom Monies paid up to the sum insured shown on the Policy Schedule against Section 7 – Kidnap, Ransom & Extortion.

  • Wrongful Detention means the arbitrary or capricious involuntary confinement of an Insured Person (without demanding Ransom Monies) by person(s) acting as agents(s) of or with the tacit approval of any government or government entity, or acting or purporting to act on behalf of any insurgent party, organisation or group.

  • Kidnapping means any event or connected series of events of seizing, detaining or carrying away by force or fraud, of one or more Insured Persons (except a minor by his or her parent or guardian) for the purpose of demanding Ransom Monies.

  • Further, the Board of Directors of your Company constituted a Committee known as Corporate Governance Committee, which recommends the best practices in the Corporate Governance.A separate report on Corporate Governance along with Auditors’ Certificate on compliance with the Corporate Governance norms as stipulated in Clause 49 of the Listing Agreement and a report on the Management Discussions & Analysis, forming part of this report are provided elsewhere in this Annual Report.

  • In addition to all of the other Exclusions contained in this policy, we will not be liable for Consultant & Advisors Costs related to any Extortion cause by or resulting either directly or indirectly from: 2.1 the fraudulent, dishonest or criminal acts of any Insured or any person authorised by the Insured to have custody of Ransom Monies.

  • Ransom Monies Ransom Monies paid by the relevant person with their approval resulting directly from a Kidnapping or Extortion occurring during the Policy Period.

  • This exclusion does not apply to the payment of Ransom Monies by the Named Insured in a situation where local authorities have declared such payment to be illegal.

  • The Sublimit of liability for the total of all Ransom Monies Paid and In-Transit/Delivery will be 10% of the Limit of Liability stated in the Schedule.


More Definitions of Ransom Monies

Ransom Monies means cash and/or marketable goods or services that an Insured Entity
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Ransom Monies means cash and/or marketable goods to be surrendered by you or by an authorised third party on your behalf to terminate acyber extortion threat.
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Ransom Monies means any monetary loss which you incur in the delivery of cash, marketable goods, services or property to secure the release of the kidnapped insured person or pay an extortion demand.
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Ransom Monies means any monies which the Insured has paid or lost as a direct result of an Extortion which is covered under this Endorsement. The term monies as used herein includes cash, monetary instruments, bullion or the fair market value of any securities, property or services.
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Ransom Monies means any monies which you or the insured person(s) has paid or delivered (or attempted to deliver to perpetrators or purported perpetrators of a kidnapping) as a direct result of a kidnapping. The term monies as used herein includes cash, monetary instruments, bullion, or the fair market value of any securities, property or services.
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Related to Ransom Monies

  • Personal watercraft means a vessel that uses an outboard motor or an inboard engine powering

  • Catechumen means a member of the catechumenate of a Catholic Church. This will normally be evidenced by a certificate of reception into the order of catechumens.

  • Hovercraft means a vehicle which is designed to be supported when in motion wholly or partly by air expelled from the vehicle to form a cushion of which the boundaries include the ground, water or other surface beneath the vehicle;

  • MHBE means the Maryland Health Benefit Exchange.

  • APC means the Ambulatory Payment Classification system under 42 CFR 419.31 used by Medicare for grouping clinically and resource-similar procedures and services.

  • Personal Services means “the performance of any work or labor and shall also include acting as an independent contractor or providing any consulting advice or assistance, or otherwise acting as an agent pursuant to a contractual relationship.”

  • Interim Monitor means any monitor appointed pursuant to Paragraph III of this Order or Paragraph III of the related Order to Maintain Assets.

  • IMRO means the Irish Music Rights Organisation CLG.

  • CSAM or "Credit Suisse" (or any combination thereof).

  • CFS means cubic feet per second.

  • Outboard motor means a detachable self-contained propulsion unit, excluding

  • SERFF means the system for electronic rate and form filing. SERFF is a proprietary NAIC computer-based application that allows insurers and other entities to create and submit rate, rule and form filings electronically to the commissioner.

  • Accenture means the Accenture entity that is a party to the Agreement and its Affiliates (collectively, “Accenture”).

  • Drone means an unmanned aerial vehicle or UAV, being an aircraft of any size that operates without a pilot on board.

  • Cemetery merchandise means merchandise described in section 4(1)(k)(i).

  • CGS means the Connecticut General Statutes.

  • HMIS means the Homeless Management Information System, which is a client-level data collection and management system implemented at the community level that allows for better coordination among agencies providing services to clients.

  • Accenture Data means all information, data and intellectual property of Accenture or its clients or other suppliers, collected, stored, hosted, processed, received and/or generated by Supplier in connection with providing the Deliverables to Accenture, including Accenture Personal Data.

  • Universal Digital Loop Carrier (UDLC means the DLC system that has a CO terminal channel bank that is connected to the CO switches on the analog side.

  • DCS means DaimlerChrysler Services North America LLC, a Michigan limited liability company, and its successors and permitted assigns.

  • Copper Loop is a stand-alone local loop comprised entirely of copper wire or cable. Copper Loops include two-wire and four-wire analog voice-grade copper Loops, digital copper Loops (e.g., DS0s and integrated services digital network lines), as well as two-wire and four-wire copper Loops conditioned to transmit the digital signals needed to provide digital subscriber line services, regardless of whether the copper Loops are in service or held as spares. The copper Loop includes attached electronics using time division multiplexing technology, but does not include packet switching capabilities.

  • Watercraft means:any vessel, craft or thing made or intended to float on or in or travel on or through water, other than model boats.

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • AEMO means the Australian Energy Market Operator Limited (ABN 94 072 010 327);

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Customer Property ’ means cash, a se- curity, or other property, or proceeds of such cash, security, or property, received, acquired, or held by or for the account of the debtor, from or for the account of a customer—