Directors and Officers Insurance definition

Directors and Officers Insurance shall have the meaning set forth in Section 13.
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Directors and Officers Insurance shall have the meaning set forth in Section 20.
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Directors and Officers Insurance means a type of liability insurance that protects the personal assets of Committee members and officers, and their spouses, in the event they are personally sued by employees, vendors, investors, customers, or other parties, for actual or alleged wrongful acts in the execution of duties under this chapter.
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Examples of Directors and Officers Insurance in a sentence

  • Directors and Officers Insurance with a minimum of not less than $1,000,000 per claim shall be in place for protection from claims arising out of negligent acts, errors or omissions for directors and officers while acting in their capacities as such.

  • Furthermore, UTIMCO Board approval of UTIMCO management’s services as directors of investee companies shall be conditioned upon the extension of UTIMCO’s Directors and Officers Insurance Policy coverage to UTIMCO management’s services as directors of investee companies.

  • In terms of Listing Regulations, the Company shall undertake a Directors and Officers Insurance for all its Independent Directors.

  • This course will cover the following topics: board participation and voting rights, Board of Directors responsibilities and liabilities, advisory board mentoring duties and shareholding vesting, managing Board of Directors, Directors and Officers Insurance and Compensation of Board Members, Board of Directors role during venture scaling, fundraising, firing hiring CEOs and company officers, board members role during the Merger and Acquisitions transaction and during IPOs, and joining other boards.

  • Directors and Officers Insurance (DNO Insurance): All non-profit organizations should have DNO insurance for their Board of Directors.

  • The Company has a Directors and Officers Insurance Policy in place, which shall also be extended to you as a Non-Executive Director.

  • The Company has in place, a Directors and Officers Insurance Policy.

  • For example, when veterans return home they may find it hard to express the difficulties of their experiences to their friends and family, or they may feel out of place in civilian life.

  • Manager shall at all times maintain in accordance with the terms of Exhibit C, Part II, on its behalf and at its own cost, comprehensive general public liability with a broad form contractual liability endorsement against claims for personal injury, death and/or property damage occurring in or about the Property and Errors and Omission and Director's and Officer's Insurance, as well as employer's liability insurance as set forth on Exhibit C.

  • Ross, Protecting Corporate Directors and Officers: Insurance and Other Alternatives, 40 VAND.

Related to Directors and Officers Insurance

  • Register of Directors and Officers means the Register of Directors and Officers referred to in these Bye-laws;

  • 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.

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

  • 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.

  • D&O Insurance has the meaning set forth in Section 5.10(c).

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • D&O Policies has the meaning set forth in Section 8.06.

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

  • First party insurance means an insurance policy or contract in which the insurer agrees to pay a claim submitted to it by the insured for the insured's losses.

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

  • ' Compensation Insurance With respect to all operations performed, the Party shall carry workers’ compensation insurance in accordance with the laws of the State of Vermont. Vermont will accept an out-of-state employer's workers’ compensation coverage while operating in Vermont provided that the insurance carrier is licensed to write insurance in Vermont and an amendatory endorsement is added to the policy adding Vermont for coverage purposes. Otherwise, the party shall secure a Vermont workers’ compensation policy, if necessary to comply with Vermont law.

  • Officers Certificate” means a certificate signed on behalf of the Company by two Officers of the Company, one of whom must be the principal executive officer, the principal financial officer, the treasurer or the principal accounting officer of the Company, that meets the requirements of Section 12.05 hereof.

  • Officer's Instruction means an instruction in writing given on behalf of the Fund to FDS, and signed on behalf of the Fund by the President, any Vice President, the Secretary or the Treasurer of the Fund;

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.

  • Tail Policy has the meaning set forth in Section 6.18(b).

  • 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.

  • Coverage means the types of persons to be eligible as the beneficiaries of the Scheme to health services provided under the Scheme, subject to the terms, conditions and limitations.

  • Senior Executive Officers means the Company's "senior executive officers" as defined in subsection 111(b)(3) of the EESA and regulations issued thereunder, including the rules set forth in 31 C.F.R. Part 30.

  • D&O Tail Policy has the meaning set forth in Section 5.8(c).