Zurich Insurers definition

Zurich Insurers means American Zurich Insurance Company, American Guarantee & Liability Insurance Company, and Steadfast Insurance Company; provided that the term “Zurich Insurers” 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, 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’ 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, 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’ performance of their obligations under such policies whether for defense, settlement of claims, or otherwise .
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Examples of Zurich Insurers in a sentence

  • Within sixty (60) business days of entry of the Order, the Zurich Insurers shall present to the Settling Attorneys General and the Settling Insurance Regulators a written report that it has implemented or is in the process of implementing a compliance program consistent with the terms set out in the Order for their review.

  • In addition to providing direct notice to all parties in interest in the bankruptcy case (including all known claimants against Debtors), Debtors shall provide appropriate broad notice by publication and otherwise to ensure that the injunctions protecting the Zurich Insurers and the Zurich Affiliated Insurers against Abuse Claims shall be effective as against all persons who assert, have asserted, or may in the future assert, Abuse Claims.

  • If the Zurich Insurers believe the duties of specific employees are significantly specialized, they may offer specialized compliance programs for those employees.

  • Suitable access shall be provided to permit proper cleaning and maintenance.Swales or ditches on terraces shall have a minimum gradient of 5 percent and must be paved with reinforced concrete not less than 3 inches in thickness or an approved equal paving.

  • 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.

  • On the Release Date, all Abuse Claims against insureds and co-insureds covered under insurance policies issued by the 6 For the avoidance of doubt, the releases, protections, and limitations provided in this Term Sheet and the Agreement, including to Zurich Insurers and Zurich Affiliated Insurers, shall be no broader and no narrower than those provided in the Century Term Sheet to the “Settling Insurers” as defined in the Century Term Sheet.

  • In the event that the Confirmation Order is reversed or vacated on appeal following the Effective Date, such that the Release Date does not occur (a “Reversal”), the Parties and State Court Counsel agree that the Settlement Amount and all Net Income accrued thereon in the Escrow Account shall be released from the Escrow Account to Zurich Insurers promptly following the Reversal (or any exercise of a Fiduciary Out by BSA).

  • In agreeing to the terms of the Regulatory Settlement Agreement, each of the Zurich Insurers waives its rights to an administrative hearing and appeal under the applicable laws of the state represented by each Settling Insurance Regulator.

  • The Zurich Insurers shall not enter into, engage in, or solicit or otherwise seek to enter any agreement, not permitted by applicable law, with any Broker or Agent, or with any insurance company, reinsurance company, insurance exchange, or any person employed by, or an agent of, any such entity to allocate customers or markets, to rig bids or quotes, or to submit bids or quotes that would violate Paragraph II.

  • Zurich Insurers and Zurich Affiliated Insurers shall not participate in or otherwise interfere with the administration of the Trust.

Related to Zurich Insurers

  • Insurers means the underwriters or insurance companies with whom any Obligatory Insurances are effected and the managers of any protection and indemnity or war risks association in which any or the Collateral Vessels may at any time be entered.

  • Reinsurers shall be understood to mean “Reinsurers”, “Underwriters” or whatever other term is used in the attached reinsurance document to designate the reinsurer or reinsurers.

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • Insured means the Executive.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Unemployment Insurance means the contribution required of Vendor, as an employer, in respect of, and measured by, the wages of its employees (or subcontractors) as required by any applicable federal, state or local unemployment insurance law or regulation.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • The Insured means the person specified as such in the Schedule.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • R&W Insurer means AIG Specialty Insurance Company.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • First party insurance means an insurance policy or contract in which the insurer

  • Plagiarism means to take and present as one's own a material portion of the ideas or words of another or to present as one's own an idea or work derived from an existing source without full and proper credit to the source of the ideas, words, or works. Plagiarism includes, but is not limited to:

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Insureds Premises Not An "Insured Location" a. Owned by an "insured"; b. Rented to an "insured"; or c. Rented to others by an "insured"; that is not an "insured location";

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Medical malpractice judgment means any final order of any court entering judgment against a

  • Health insurance issuer means an insurance company, or insurance organization (including a health

  • Regulated Insurance Company means any Subsidiary of the Borrower, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

  • Credit unemployment insurance means insurance:

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

  • Health insurance means protection which provides payment of benefits for covered sickness or injury.

  • Credit insurance means insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.