Additional Assured definition

Additional Assured is defined in Section 9.3.1.
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Additional Assured means a Person named as an Additional Assured in the Policy Schedule.
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Examples of Additional Assured in a sentence

  • Lessee shall obtain and keep in force Protection and Indemnity liability insurance, written on a form acceptable to the Port, protecting Lessee and the Port, as an Additional Assured, against claims involving or arising out of operations in which owned or non-owned vessels, boats, work skiffs, or floating platforms, are used on or about the Premises.

  • This insurance shall name Owner as Additional Assured and waive certain rights of subrogation against Owner and the Unit, but only to the extent that Builder is obligated to indemnify Owner pursuant to Article XIII (Liability and Indemnity).

  • Builder shall be named as an Additional Assured and favored with a waiver of subrogation as respects the indemnities assumed by Owner in this contract, and coverage provided to Builder shall be primary to any other insurance available to Builder.

  • CLIENT shall provide to GATEWAY copies of such insurance policies evidencing GATEWAY’s Additional Assured status.

  • Ocean/air cargo, storage, and inland transit insurance for the Products shall be arranged as needed by CLIENT, and such coverage shall have been pre-approved by GATEWAY and shall name GATEWAY as an Additional Assured.

  • All such policies shall be endorsed to waive subrogation against all members of the Buyer Group, as defined in Article XXII below, the Vessel and any Owner or Charterer of the Vessel and, with the exception of Worker’s Compensation, shall name the Buyer, the Vessel, and any Charterer of the Vessel as an Additional Assured to the extent of risks expressly assumed by Builder under this Contract.

  • CLIENT shall provide to GATEWAY copies of such insurance policy evidencing GATEWAY’s Additional Assured status.

  • Ocean/air cargo, storage, and inland transit insurance for the Products shall be arranged as needed by CLIENT, and such coverage shall have been pre-approved by PFI and shall name PFI as an Additional Assured.

  • CLIENT shall provide to PFI copies of such insurance policies evidencing PFI’s Additional Assured status.

  • Buyer shall be named as Additional Assured and Loss Payee as respects their interests SDG&E as Additional Insured.

Related to Additional Assured

  • Additional Assets means (1) any property or assets used in a Related Business; (2) the Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary; or (3) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary; provided, however, that any such Restricted Subsidiary described in clause (2) or (3) above is primarily engaged in a Related Business.

  • Additional Financing has the meaning set forth in Section 16.3(a).

  • Initial Additional Authorized Representative has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Additional Tier 1 Instrument means any contractually subordinated obligation (créditos subordinados) of Banco Santander according to Article 92.2º of the Spanish Insolvency Law, ranking as an additional tier 1 instrument (instrumentos de capital adicional de nivel 1) under Additional Provision 14.3º(c) of Law 11/2015.

  • National Assembly (“Cynulliad Cenedlaethol”) means the National Assembly for Wales;