Underlying Policies definition

Underlying Policies means the policies identified in Items 4.(A) and 4.(B) of the Declarations.

Underlying Policies means the policies identified in Items 4 and 5 of the Declarations.

Underlying Policies means the policies set forth in Item 2(a) and Item 2(b) of the Schedule (and each such policy shall be an “Underlying Policy”).

Examples of Underlying Policies in a sentence

• In no event shall this policy grant broader coverage than would be provided by any of the Underlying Policies.

• If this condition is breached then this Policy shall automatically and immediately terminate with effect from the date when the Underlying Policies cease to be maintained or are deemed to have ceased to be maintained.

• We agreed the "Aggregate Original Principal of Eligible Receivables Sold During the Month" and "Aggregate Original Premiums for Underlying Policies" to IPFS's accounting records.

• The term "Underlying Policy Limits/Attachment Point" means an amount equal to the aggregate of all limits of liability as set forth in Item 7 of the Declarations for all Underlying Policies, plus the uninsured retention, if any, applicable to the Underlying Policies.

• The Reinsured shall credit the Reinsurer with its share of all premiums and shall debit the Reinsurer with its share of all losses, allowances and loss adjustment expenses paid by the Reinsured under the Underlying Policies for the business reinsured under this Agreement.

More Definitions of Underlying Policies

Underlying Policies means the Primary Policy and all Underlying Excess Policies providing indemnity in excess of the Primary Policy up to the Underlying Limit of Indemnity specified in the Schedule.

Underlying Policies means all policies identified in the Schedule of Underlying Insurance.

Underlying Policies means the Primary Policy and any other insurance policies set forth in Declarations.

Underlying Policies means the policy or policies as collectively identified in Item 6 of the Declarations including the Primary Policy and the Underlying Excess Policies.

Underlying Policies has the meaning provided in the Administrative Services Agreement.

Underlying Policies means all of the policies identified in ITEM 6 of the Declarations.

Underlying Policies means all policies or coverage sections of policies identified in the above Schedule of “Underlying Policies,” as constituted at their inception (unless the “Insurer” consents to any change thereto by written endorsement to this Policy).