Insurance Policy

Insurance Policy. Means any individually purchased Insurance Policy, together with additional policy benefits and riders, if any, issued by the Insurance Carrier pursuant to the Plan. Unless required otherwise by the Plan, Insurance Policy terms used herein shall have the same meaning as in the Insurance Policy. In amplification but not in limitation of the foregoing, such Insurance Policy terms as "policy year," "dividend," and "policy loan" shall have the same meaning for purposes of this Plan as for purposes... of the Insurance Policy. View More

Insurance Policy. The Shareholders' Vendors Indemnity and Warranty Insurance Policy (the "Insurance Policy") shall have been delivered to the Holding, together with evidence satisfactory to the Holding and the Shareholders that the insurance premium for the Insurance Policy has been paid or shall be paid by Holding or, alternatively the Shareholders may increase the Escrow Funds within 14 days after the... Closing with US$ 238,000 which may be used at the option of the Shareholders to take the Insurance Policy within 6 months from Closing and, alternatively this amount shall stay in escrow until it is in all reasonableness evident to Buyer based on amongst others, a tax risk assessment prepared by Ernst & Young, that there are no breaches of the tax representations and warranties as contained in section 3.17 anticipated. Such amount or any amounts remaining shall be released by Buyer to the Shareholders within 7 years hereof. This amount shall substitute the Insurance Policy where relevant. View More

Insurance Policy. The Declaration Executive Liability and Indemnification Policy. Policy No.8127 63 23-B that the Corporation has obtained from Federal Insurance Company of the Chubb Group of Insurance Companies on behalf of its directors and officers as such policy is renewed or continued from time to time, or any other comparable policy or policies of insurance that the Corporation may obtain on behalf of its directors and officers in substitution or replacement thereof.

Insurance Policy. Means with respect to a Contract and Financed Vehicle, any insurance policy required to be maintained by the Obligor that covers physical damage to and theft of the Financed Vehicle or any liability arising out of the use of such Financed Vehicle.

Insurance Policy. The Directors and Officers Liability Policy that the Corporation has obtained from Executive Liability Underwriters, on behalf of its directors and officers for the policy period commencing April 24, 2003 and ending April 24, 2004.

Insurance Policy. The Directors and Officers Liability Policy that the Corporation has obtained from CNA, and the Excess Directors and Officers Liability Policies that the Corporation has obtained from Reliance Insurance Co. and Chubb/Federal Insurance Company, on behalf of its directors and officers for the policy period commencing September 27, 1999 and ending September 27, 2000.

Insurance Policy. Shall have the meaning ascribed to such term in the Insurance Servicing Agreement.

Insurance Policy. Means the insurance policy with Appendix in favour of the Lending Banks to cover the risk of damage by fire and explosion and any other risk related to building normally insured according to good business practice, taken out by the Borrower with a leading insurance company acceptable to the Lead Bank, with terms and conditions accepted by the Lead Bank (i) for a period of time renewable until complete redemption of the Loan; 5 (ii) for a total amount of Euro... 5,488,000.00 (five million four hundred and eighty-eight thousand point zero zero); View More

Insurance Policy. Collectively, (i) the Directors and Officers Liability Policy that the Corporation has obtained from Continental Casualty Company (C.N.A.) (Policy #132032175), (ii) the Excess Directors and Officers Liability Policies that the Corporation 1 has obtained from Landmark American Insurance Company (Policy #LHS616828), Illinois Union Insurance Company (Policy #DOX G216-48553-003), Executive Risk Specialty Insurance Company (Policy #8151-6730) and American... International Specialty Lines Company (Policy #459-73-71), and (iii) the Side (Clause) A Difference-in-Conditions policy that the Corporation has obtained from XL Specialty Insurance Company (Policy #ELU087029-04) for the policy period commencing September 27, 2004 and ending September 27, 2005. View More

Insurance Policy. One or more life insurance contracts issued by the Insurer on the life of a Participant.