AISLIC definition
Examples of AISLIC in a sentence
AISLIC has paid, has agreed to pay and will pay, through the date of the establishment of the Defense Fund under Section 8.4, defense costs and expenses incurred by or on behalf of ▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇▇, former employees of CCL, that are named as defendants in certain of the actions identified in Section 2.4 above.
Upon the Payment, the CCL Policies shall be deemed to be rescinded and the Receiver shall have obtained the Rescission Order as provided in Section 5.15 that the CCL Policies are rescinded; provided however, that in the event this Settlement Agreement is terminated for any of the reasons set forth under Section 15.14, the Receiver, AISLIC, ▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇▇ agree to cooperate to cause such Rescission Order to be vacated.
AISLIC has also agreed to contribute to the Payment provided for in Section 4.1. In consideration of the defense costs and expenses paid by AISLIC and agreed to be paid by AISLIC and the contribution by AISLIC to the Payment under Section 4.1, ▇▇▇▇▇▇▇ ▇.
AISLIC and the AISLIC Insured Parties agree to a mutual reservation of rights by AISLIC and the AISLIC Insured Parties with respect to the amount or applicability of coverage that may apply with respect to matters not otherwise released herein.
A portion of the AISLIC contribution to the Payment is the return of premium paid for the CCL Policies.
If ▇▇▇▇▇▇▇▇▇ provides such notice indicating that AISLIC’s determination of coverage is not acceptable to ▇▇▇▇▇▇▇▇▇, or if AISLIC fails to provide any determination of coverage within the requisite sixty (60) period, then no Plaintiff may elect to initiate the arbitration process..
In its letter to AISLIC requesting a determination of coverage, and thereafter, ▇▇▇▇▇▇▇▇▇ shall provide to AISLIC all information and documents relating to the Circumstance as have been provided to ▇▇▇▇▇▇▇▇▇, and ▇▇▇▇▇▇▇▇▇ shall request that AISLIC provide a determination of coverage as soon as possible, and AISLIC shall respond no later than sixty (60) days following AISLIC's receipt of information and documents reasonably necessary to make a coverage determination.
Prior to performing any disinfection of any of the Subject ▇▇▇▇▇ or Threatened ▇▇▇▇▇, Plaintiffs agree to provide ▇▇▇▇▇▇▇▇▇ and AISLIC with 10 days written notice.
AISLIC has denied coverage under the FI Policy for the Claimants’ Actions and has not paid any of the defense costs or fees incurred by or on behalf of any of the AISLIC Insured Parties.
Plaintiffs and Defendants and AISLIC shall, within fifteen (15) Working Days after receipt of a Demand for Arbitration pursuant to Section 13.2.1, above, provide written statements of position to the arbitrator, with copies to the other Parties, setting forth their respective positions.