Commercial Lines Business definition

Commercial Lines Business means all insurance contracts, policies, certificates, binders, slips, covers or other agreements of insurance, including all supplements, riders, endorsements, renewals and extensions (other than Personal Lines Business) issued by a Tower Company.

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Commercial Lines Business means short-term insurance business other than in respect of personal lines business;

Commercial Lines Business means competing for or engaging in the marketing, sale or distribution of any commercial property, general liability, automobile, workers compensation, umbrella and associated liability insurance coverages designed for and purchased by businesses to cover business risks and properties.

Examples of Commercial Lines Business in a sentence

From time to time following the Transaction Closing Date, AmTrust may request from ACP any transition services that AmTrust reasonably determines are necessary for the Commercial Lines Business.
From time to time following the Transaction Closing Date, AmTrust may elect to use of all or a portion of the office space used by any of the Companies prior to such date, including, without limitation, employee work stations, telephone and computer equipment and other facilities as AmTrust determines are reasonably necessary for the Commercial Lines Business.
The Commercial Lines Agreement does not restrict Buyer or any of its Affiliates (other than, from and after the Closing, the Companies) from engaging in any business, including the marketing, sale and distribution of Commercial Lines Business (as defined in the Commercial Lines Agreement), at any time or to any Person.
PHYSICAL ADDRESS: ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇: ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ILLOVO, 2196 TEL NO: ▇▇▇▇ ▇▇▇ ▇▇▇ or +▇▇ ▇▇ ▇▇▇ ▇▇▇▇ FAX NO: +▇▇ ▇▇ ▇▇▇ ▇▇▇▇ REGISTRATION NO: 2006/018854/07 VAT NO: 4130230354 MIRABILIS ANNEXURE A THE AUTHORITY Personal Lines Business YES/NO Commercial Lines Business YES/NO The Company authorises and empowers the Intermediary to perform the services set out herein below: a.
Commercial Lines: Business Owners Policy (BOP) including Building, Personal Property, and General Liability.
Each Company and ACP (collectively, the "ACP Parties") acknowledges and agrees that Manager and its Affiliates would be irreparably damaged if any ACP Party were to provide services or to otherwise participate in the business of any Person competing with the Commercial Lines Business in a similar business and that any such competition by an ACP Party would result in a significant loss of goodwill by Manager in respect of the Commercial Lines Business.
By written notice delivered to the Seller and National General within ninety (90) days following the Transaction Closing Date, the Buyer may elect to acquire any assets acquired in the Merger of the Seller or the Affiliates of Tower that are reasonably required to conduct the Commercial Lines Business not included among the Companies that have not previously been transferred to National General or the Personal Lines Companies (the “Post-Closing Purchased Assets”) for no additional consideration.
OF ………… PHYSICAL ADDRESS: ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇ POSTAL ADDRES: ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ TEL NO: ▇▇▇▇ ▇▇▇ ▇▇▇ or +▇▇ ▇▇ ▇▇▇ ▇▇▇▇ FAX NO: +▇▇ ▇▇ ▇▇▇ ▇▇▇▇ REGISTRATION NO: 2006/018854/07 VAT NO: 4130230354 MIRABILIS ANNEXURE A THE AUTHORITY Personal Lines Business YES/NO Commercial Lines Business YES/NO The Company authorises and empowers the Intermediary to perform the services set out herein below: a.
In consideration of the provision of the Buyer Transition Services, the Commercial Lines Companies shall reimburse Buyer and the Companies for their reasonable out-of-pocket costs and expenses in providing the Buyer Transition Services paid to Persons not affiliated with Buyer who customarily provided such services relating to renewal or replacement of insurance contracts relating to the Commercial Lines Business.
PHYSICAL ADDRESS: ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇ POSTAL ADDRES: ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ TEL NO: ▇▇▇▇ ▇▇▇ ▇▇▇ or +▇▇ ▇▇ ▇▇▇ ▇▇▇▇ FAX NO: +▇▇ ▇▇ ▇▇▇ ▇▇▇▇ REGISTRATION NO: 2006/018854/07 VAT NO: 4130230354 MIRABILIS ANNEXURE A THE AUTHORITY Personal Lines Business YES/NO Commercial Lines Business YES/NO The Company authorises and empowers the Intermediary to perform the services set out herein below: a.

More Definitions of Commercial Lines Business

Commercial Lines Business means short-term insurance business in respect of which the policyholder is a legal person;

Commercial Lines Business has the meaning set forth in the Commercial Lines Purchase Agreement.

Commercial Lines Business means short-term insurance business other than in respect of personal lines business which the policyholder is a juristic person;

Commercial Lines Business means all business presently written by the standard commercial lines division and the specialty commercial lines division of OCIC and its Affiliates, including but not limited to commercial automobile, inland marine, business owners policies, workers compensation, package policies, general liability, commercial fire, property, glass, crime, umbrellas and excess general liability policies and related coverages.