AIG Policy definition

AIG Policy means the Pollution Legal Liability Select Clean-Up Cost Cap Policy purchased by the Port from AIG Environmental on January 27, 2005.

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AIG Policy. That policy no. 649-8512, dated July 28, 1998, of AIG in favor of FIB, which insures the AIG Loans, as such policy or successor policy may be replaced or renewed from time to time, so long as the Deal Agent, as agent for the Secured Parties, is (i) named as a loss payee, or as an additional insured, on such policy and on such renewal or replacement policy or (ii) otherwise satisfied that the AIG Policy inures to its benefit.

AIG Policy means the Contract of Lender’s Insurance Against Inconvertibility, Expropriation and Political Violence between National Union Fire Insurance of Pittsburgh, PA, the Company and the Creditor and any subsequent endorsements and amendments thereto.

Examples of AIG Policy in a sentence

It is anticipated that the AIG Policy will be available to pay for 50% of the anticipated costs of the cleanups required under this Agreement.
The Agency shall report to Contact Person any alleged or suspected violation of any AIG Policy as soon as reasonably practicable and shall use its reasonable endeavours to assist AIG in rectifying any such non-compliance.
Prior to the date of this Agreement, the Port has invested over $32,511,309 for planning, Site Cleanups, property acquisitions, demolition, permit and design of Facilities, capital maintenance and related expenditures within the Waterfront District, including $22,916,818 used to purchase the AIG Policy from AIG Environmental.
The intern will be insured by the University against accidents at work (AIG Policy IAH0008180/20003).
Without limiting any of the rights or obligations of the parties pursuant to this Section 8.6, AIG and Corebridge acknowledge that, as of immediately prior to the Insurance Termination Time, AIG intends to take such action as it may deem necessary or desirable to remove the members of the Corebridge Group and their respective employees, officers and directors as insured parties under any policy of insurance issued to any AIG Policy.
If (i) HCL is the Buyer, and (ii) HCL Bermuda receives a payment under the AIG Policy (a "Policy Payment"), and (iii) in order to enable HCL to fund the Tax Loss (as defined in such AIG Policy) HCL Bermuda transfers all or a portion of the Policy Payment to HCL, then (and only then) PSC shall pay to HCL Bermuda an amount equal to the lesser of (1) the amount of any Austrian capital transfer tax (i.e., Gesellschaftsteuer) imposed on such transfer or (2) one percent of the amount of such transfer.
Buyer shall be responsible for the payment for all costs for maintaining the AIG Policy.
Claims for indemnification under Sections 8.8 shall survive and may be brought or initiated until the expiration of the applicable statute of limitations, and claims for indemnification under Section 8.9 shall survive and may be brought or initiated until one (1) year following the expiration of the AIG Policy.
Delete Primary Coverage (Aggregate Impairment) Carrier: National Union Fire Insurance Co. (AIG) Policy Number: 6▇▇-▇▇-▇▇ Policy Period: October 1, 2006 – October 1, 2007 Description of Coverage: In the event that the limits of liability provided under the Primary and First Excess Fiduciary Liability policies are exhausted, the limits provided under the Second Excess Fiduciary Liability policy will provide coverage for insured individuals.
All references in the Purchase Agreement to "AIG Policy" are hereby changed by replacing all such references to "Liberty Policy".

More Definitions of AIG Policy

AIG Policy means the R&W Insurance Policy issued by AIG Specialty Insurance Company, the form of which is attached hereto as Exhibit D-1.

AIG Policy means [_____________________________].

AIG Policy means Illinois National Insurance Company Executive Edge Broad Form Management Liability Insurance Policy number 01-637-29-30.

AIG Policy means the Buyer’s Warranty and Indemnity Insurance Policy, dated as of February 22, 2017, issued by AIG Europe Limited for the benefit of the Company, related to the provision of warranty and indemnity insurance in connection with the IP Cleaning Acquisition.