First Named Insured definition

First Named Insured means the person or entity as identified in Item 1. of the Declarations to this Policy. The “first named insured” is the party responsible for the payment of any premiums and the payment of, or evidencing payment of, any applicable “self-insured retention” amounts. The “first named insured” shall also serve as the sole agent on behalf of all “insureds” with respect to the provision and receipt of notices, including notice of cancellation or non-renewal, receipt and acceptance of any endorsements or any other changes to this Policy, return of any premium, assignment of any interest pursuant to this Policy, as well as the exercise of any applicable “extended reporting period”, unless any such responsibilities are otherwise designated by endorsement.

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First Named Insured means the Named Insured first listed in the Declarations under Item 1., Named Insured.

First Named Insured means the person or entity as identified in Item 1. of the Declarations to this Policy. The “first named insured” is the party responsible for the payment of any premiums and the payment of any applicable deductible amounts. The “first named insured” shall also serve as the sole agent on behalf of all “insureds” with respect to the provision and receipt of notices, including notice of cancellation or non-renewal,

Examples of First Named Insured in a sentence

• Contractor agrees to provide the same notice of cancellation and non-renewal to the City that is required by such policy(ies) to be provided to the First Named Insured under such policy(ies).

• Any deductible, retention, or self-insurance will be the responsibility of and paid by the First Named Insured and not by the Owner.

• In the event of name changes, mergers, etc., every past and present PSA/SDA/UHS/SOE name must be listed on the policy with the new entity as the First Named Insured.

• Any and all SIRs must be susceptible of being satisfied under the CGL policy through payments made by additional insureds, co-insurers, and/or insureds other than the First Named Insured, including Owner.

• Policies containing any self-insured retention (SIR) provision shall provide or be endorsed to provide that the SIR may be satisfied by either the named or additional insureds, co-insurers, and/or insureds other than the First Named Insured.

More Definitions of First Named Insured

First Named Insured means the first entity named as a Named Insured in the declarations of the policy;

First Named Insured means the entity first listed in Item 1. of the Declarations.

First Named Insured means an entity or person listed first on the Common Declarations Page as a Named Insured.

First Named Insured means the first person or organization listed in Item 1 of the Declarations.

First Named Insured means the person or entity first named in Item 1. of the Declarations.

First Named Insured means the entity first named in ITEM 1 of the Declarations.

First Named Insured means the person or entity as identified in Item 1. of the Declarations to this Policy. The “first named insured” is the party responsible for the payment of any premiums and the payment of, or evidencing