Examples of Insured Entity in a sentence
For a Study to be conducted in Australia, the following details are mandatory; Insurance provider Insured Entity Additional Insured Protocol/ CTN number Limits of Liability in AUD/ Per occurrence amount and Annual Aggregate Excess/ deductible/ Self insured risk Guidelines for Compensation for Injury Resulting from Participation in a Company-sponsored Trial.
The Insurer shall pay on behalf of an Insured Entity that Loss, in excess of the retention (if any) and up to the applicable limit of liability, for which such Insured Entity has indemnified an Insured Person and which results from any Claim first made against such Insured Person during the Policy Period or the Extended Reporting Period, if applicable, for a Wrongful Act.
The Insurer shall pay on behalf of the Insured Persons (including Outside Entity Executives) that Loss up to the applicable limit of liability, resulting from any Claim first made against them during the Policy Period or the Extended Reporting Period, if applicable, for a Wrongful Act, except and to the extent that the Insured Entity has indemnified them for such Loss.
If any Insured Entity ceases to be a Subsidiary, coverage under this Policy shall continue for such Subsidiary but only for Wrongful Acts by such Subsidiary or any Insured Person or Plan of such Subsidiary occurring prior to the date such Insured Entity ceased to be a Subsidiary.
The Insurer shall reimburse the Insured, subject to the maximum aggregate Limit of Liability, up to $250,000.00 for all Investigative Costs arising out of all Shareholder Demands first made against an Insured Entity during the Policy Period or the Extended Reporting Period (if applicable).