Insured Member Sample Clauses

Insured Member. (Insured) means a person whose name specifically appears under Insured in the Annexure – A (Certificate of Insurance) and is a covered group member.
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Insured Member. Shall refer to the Insured’s corporate customer who has applied for the corporate Payment Card to be used by the Insured Person. Insured Person Shall mean the permanent employee of the Insured Member who is authorized to be issued with the corporate Payment Card. Master Policy Shall mean this policy of insurance between the Insured and the Company. Payment Card Shall mean a valid Visa/MasterCard/American Express/Corporate Purchasing Cards issued by the Insured to the Insured Person for the Insured Member’s business purpose only. Policy Period shall refer to the period stated on the Policy Schedule for which the Insured Member and Insured Person is covered under the terms and conditions of this Master Policy and during which the Company is liable to pay for the Benefits therein. Policy Schedule shall mean a document issued to the Insured and shows details such as the Insured’s name, address, the effective date of cover and the premium payable. It forms part of this Master Policy, and the Insured Member must read it together with the terms and conditions of this Master Policy. Termination Date Shall mean the date on which:
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Insured Member. Shall refer to the Insured’s corporate customer who has applied for the corporate Payment Card to be used by the Insured Person. Insured Person Shall mean the permanent employee of the Insured Member who is authorized to be issued with the corporate Payment Card. Master Policy Shall mean this policy of insurance between the Insured and the Company. Payment Card Shall mean a valid Visa/MasterCard/American Express/Corporate Purchasing Cards issued by the Insured to the Insured Person for the Insured Member’s business purpose only. Policy Period Xxxxx refer to the period stated on the Policy Schedule for which the Insured Member and Insured Person is covered under the terms and conditions of this Master Policy and during which the Company is liable to pay for the Benefits therein.
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Related to Insured Member

  • Death of Member Upon the death of the Member, the Company shall be dissolved. By separate written documentation, the Member shall designate and appoint the individual who will wind down the Company’s business and transfer or distribute the Member's Interests and Capital Account as designated by the Member or as may otherwise be required by law.

  • Covered Person An individual who is currently enrolled with Health Plan for the provision of services under a State Program. A Covered Person may also be referred to as an Enrollee, Member or Customer under the Agreement.

  • Death of the Participant The Advisory Committee will direct the Trustee, in accordance with this Section 6.01(C), to distribute to the Participant's Beneficiary the Participant's Nonforfeitable Accrued Benefit remaining in the Trust at the time of the Participant's death. Subject to the requirements of Section 6.04, the Advisory Committee will determine the death benefit by reducing the Participant's Nonforfeitable Accrued Benefit by any security interest the Plan has against that Nonforfeitable Accrued Benefit by reason of an outstanding Participant loan.

  • Member The Member owns 100% of the limited liability company interests in the Company.

  • Covered Persons As used in this section 6.2, the term “Covered Person” means (i) the Manager and its affiliates, (ii) the members, managers, officers, employees, and agents of the Manager and its affiliates, and (iii) the officers, employees, and agents of the Company, including a Representative, each acting within the scope of his, her, or its authority.

  • Management Committee The Members shall act collectively through meetings as a "committee of the whole," which is hereby named the "Management Committee." The Management Committee shall conduct its affairs in accordance with the following provisions and the other provisions of this Agreement:

  • Contingent Beneficiary While the Annuitant is alive, the Owner may, by written Request, designate or change a Contingent Beneficiary from time to time. The Company shall not be bound by any change of Contingent Beneficiary unless it is made in writing and recorded at the Retirement Resource Operations Center.

  • Withdrawal by a Member A Member has no power to withdraw from the Company, except as otherwise provided in Section 8. SECTION 6 SALARIES, REIMBURSEMENT, AND PAYMENT OF EXPENSES

  • Substituted Member (a) An assignee of any Units or other interests in the Company of a Member, or any portion thereof, shall become a substituted Member entitled to all the rights of a Member if and only if the assignor gives the assignee such right.

  • Death of Account Owner We may continue to honor all transfer orders, withdrawals, deposits, and other transactions on an account until we know of a member's death. Once we know of a member's death, we may pay checks or drafts or honor other payments or transfer orders authorized by the deceased member for a period of ten (10) days after that date unless we receive instructions from any person claiming an interest in the account to stop payment on the checks, drafts, or other items. We may require anyone claiming a deceased owner's account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.

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