Examples of Insured Company in a sentence
Company's Computer System means a computer system (including, but not limited, to hardware, software and/or computer programs) leased, owned or operated by or which is made available or accessible to the Insured Company or its outsource service provider(s) for the purpose of storing and processing the Insured Company's electronic data or software.
Insured Company means the Policyholder or any Subsidiary of the Policyholder declared to the Insurer prior to commencement of the Period of Insurance.
The Insurer will pay on behalf of an Insured Person any Loss resulting from a Claim first made against that Insured Person in the Period of Insurance and for which that Insured Person has not been indemnified by an Insured Company.2. The Insurer will pay to an Insured Company any Loss resulting from a Claim first made against an Insured Person in the Period of Insurance where that Insured Company has indemnified that Insured Person for that Loss that exceeds the Excess.
Pension Scheme Sponsor means an Insured Company and its Employees, only when acting on the authority of an Insured Trustee, in the performance of duties or exercise of powers under a pension scheme, plan or arrangement.
Derivative Claims Under this Section the definition of Loss is extended to include claimant’s costs resulting from a Claim, against anInsured Person, that is a derivative action brought by a shareholder in the name of the Insured Company.
If we decide not to renew this Policy, we will mail or deliver to the Insured Company written notice of non-renewal not less than sixty (60) days before the expiration date.
The salary or wage of an Insured Person, or the overheads of an Insured Company, are not covered by this extension.
This extension does not apply to any periodic regulatory supervision, inquiries or compliance audits or internal investigations or audits or any other general investigation into the sector, trade or industry in which the Insured Company conducts business.
Acquisitions Under this Section the definition of Subsidiary is extended to include any entity that is created or acquired by anInsured Company during the Period of Insurance provided that the Insured Company: 1.
Civil Fines and Penalties Under this Section the definition of Loss is extended to include civil fines and penalties imposed on an Insured Person by any duly empowered governmental or statutory authority, regulatory body or similar agency in the United Kingdom, to the extent permissible by law and provided that the Insured Person is not otherwise indemnifiable by an Insured Company.