Insurance Claim. A claim or claims that would normally be covered by insurance according to industry practices is made against GIC for the payment of more than One Million Dollars ($1,000,000) individually or in the aggregate and is not 57 covered by reinsurance; or all or a material part of GIC's reinsurance policies shall be terminated for any reason.
Appears in 2 contracts
Samples: Credit Agreement (United Grocers Inc /Or/), Credit Agreement (United Grocers Inc /Or/)
Insurance Claim. A claim or claims that would normally be covered by insurance according to industry practices is is/are made against GIC for the payment of more than One Million Dollars ($1,000,000) 1,000,000 individually or in the aggregate and is which is/are not 57 covered by reinsurance; or all or a material part of GIC's reinsurance policies shall be terminated for any reason.
Appears in 1 contract
Insurance Claim. A claim or claims that would normally be covered by insurance according to industry practices is made against GIC for the payment of more than One Million Dollars ($1,000,000) individually or in the aggregate and is not 57 covered by reinsurance; or all or a material part of GIC's reinsurance policies shall be terminated for any reason.. Section 9.2
Appears in 1 contract
