Zurich Affiliated Insurers definition

Zurich Affiliated Insurers means all Zurich North America-affiliated underwriting companies and includes, without limitation, Zurich Insurers and Maryland Casualty Company, American General Fire & Casualty Company, and Zurich American Insurance Company, but only with respect to policies issued on or after January 1, 1987. A list of Zurich North America-affiliated underwriting companies is attached to the Zurich Insurance Settlement Agreement. Zurich Insurers, Zurich Affiliated Insurers, and their Representatives and Released Parties (as defined herein) shall not include such Persons and Entities in their capacities as contractual obligors under: (i) Non-Abuse Insurance Policies (including but not limited to D&O Liability Insurance Policies) except to the extent of a request for coverage and/or any Claims or Causes of Action related to, arising from, or in connection with Abuse Claims, any actions, settlements entered into, omissions, or positions taken in connection with the Debtors’ Chapter 11 Cases and related proceedings, and any extra-contractual claims related to, arising from, or connected with actions or omissions occurring prior to the Effective Date, including the Zurich Insurers’ and Zurich Affiliated Insurers' performance of their obligations under such policies whether for defense, settlement of claims, or otherwise, and (ii) Postpetition Insurance Policies, except for any Claims or Causes of Action related to, arising from, or in connection with any actions, settlements entered into, omissions, or positions taken in connection with the Debtors’ Chapter 11 Cases and related proceedings, and any extra-contractual claims related to, arising from, or connected with actions or omissions occurring prior to the Effective Date, including the Zurich Insurers’ and Zurich Affiliated Insurers’ performance of their obligations under such policies whether for defense, settlement of claims, or otherwise.
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Zurich Affiliated Insurers means all Zurich North America-affiliated underwriting companies and includes, without limitation, Zurich Insurers and Maryland Casualty Company, American General Fire & Casualty Company, and Zurich American Insurance Company, but only with respect to policies issued on or after January 1, 1987. A list of Zurich North America-affiliated underwriting companies is attached to the Zurich Insurance Settlement Agreement. Zurich Insurers, Zurich Affiliated Insurers, and their Representatives and Released Parties (as defined herein) shall not include such personsPersons and entitiesEntities in their capacities as contractual obligors under: (i) Non-Abuse Insurance Policies (including but not limited to
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Zurich Affiliated Insurers means all Zurich North America-affiliated underwriting companies and includes, without limitation, Zurich Insurers and Maryland
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Examples of Zurich Affiliated Insurers in a sentence

  • On December 21, 2021 the NEC approved settlement terms and authorized the BSA to enter into a settlement agreement with Zurich Insurers and Zurich Affiliated Insurers (collectively, “Zurich” and the settlement agreement, “Zurich Agreement”).

  • The Trust Distribution Procedures shall further provide that the Settlement Trustee shall require holders of Abuse Claims who receive payment from the Trust to release any Abuse Claim against Zurich Insurers or Zurich Affiliated Insurers under the Zurich Insurer Policies.

  • Such Chartered Organizations may seek coverage and tender claims under such insurance policies pending determination by a court of competent jurisdiction as to whether a Claim is a channeled Abuse Claim, subject to all parties’ contractual rights; 7 This does not include policies issued by Zurich Insurers and Zurich Affiliated Insurers to the BSA or the Local Councils.

  • Zurich Insurers and Zurich Affiliated Insurers shall make no statements about holders of Abuse Claims or any representative thereof; provided, however, that Zurich Insurers and Zurich Affiliated Insurers may make statements to protect their rights in the Chapter 11 Cases, including statements in response to objections or statements by holders of Abuse Claims and their representatives concerning Zurich Insurers and Zurich Affiliated Insurers.

  • If another Settling Insurance Company receives broader releases or protections concerning Causes of Action and Claims related to its policies (including its Abuse Insurance Policies) than those provided to Zurich Insurers or Zurich Affiliated Insurers in the Agreement or Amended Plan, then Zurich Insurers and Zurich Affiliated Insurers shall receive the benefit of those broader releases and protections automatically and without the necessity of further actions by the Parties.

  • The Settlement Trust shall cooperate with any ongoing efforts by such Chartered Organizations and/or Zurich Insurers and Zurich Affiliated Insurers to establish that the Post-Confirmation Interim Injunction and the Channeling Injunction apply.

  • Zurich Insurers and Zurich Affiliated Insurers will not assert or file a Claim, and will dismiss any pending Claims, seeking contribution, indemnity, and/or defense against another Entity in order to recover any portion of the Settlement Amount to be paid by Zurich Insurers under the Agreement or with respect to claims released under the Agreement.

  • Paragraph 170: In addition, the releases provided to the Zurich Insurers and the Zurich Affiliated Insurers are essential to obtain the significant contributions these parties are providing under the Plan.

  • Zurich Insurers and Zurich Affiliated Insurers shall not object to the selection of the Settlement Trustee as provided in the Amended Plan and Settlement Trust Agreement.

  • Zurich Insurers and Zurich Affiliated Insurers shall not seek or direct any additional discovery from such parties, the BSA, or the Local Councils, or any other party in interest in the Chapter 11 Cases or any proceedings related to the Chapter 11 Cases, nor shall Zurich Insurers and Zurich Affiliated Insurers cooperate with any other insurer’s or putative objector’s discovery requests in the Chapter 11 Cases or any proceedings related to the Chapter 11 Cases.

Related to Zurich Affiliated Insurers

  • Affiliated Companies shall include any company controlled by, controlling or under common control with the Company.

  • Companies means Borrower and its Subsidiaries; and “Company” shall mean any one of them.

  • Directors means the directors for the time being of the Company.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Restricted companies means companies that boycott Israel.

  • Employees Stock Option” means the option given to the directors, officers or employees of a company or of its holding company or subsidiary company or companies, if any, which gives such directors, officers or employees, the benefit or right to purchase, or to subscribe for, the shares of the company at a future date at a pre-determined price.

  • Fiduciaries means professional firms such as auditors, accountancy firms, law firms, analysts, insolvency professional entities, consultants, banks etc., assisting or advising the Company.