Insured Organisation definition

Insured Organisation means the Principal Insured and its Subsidiaries.

Insured Organisation means the policyholder, and any Subsidiary.

Insured Organisation means, collectively, those organizations designated in the Policy Schedule and any Subsidiary thereof if covered.

Examples of Insured Organisation in a sentence

• However, the Insured Organisation is not Insured in its own right under this contract.

• Subject to the terms, exclusions and conditions of this Policy or otherwise endorsed hereon, the indemnity granted under this contract extends to cover new organisations acquired or created by Insured Organisation during the Policy period.

• By acceptance of this Policy, the Insured Organisation agrees to act on behalf of all Insureds with respect to the giving and receiving of notices of Claim or termination, the negotiation, agreement to and acceptance of endorsements, and the giving or receiving of any notices provided for in this Policy (except the giving of notice to apply for the Extended Reporting Period), and the Insureds agree that the Insured Organisation shall act on their behalf.

• This insurance does not apply to any liability arising from/out of or based upon or in consequence of any actual or alleged error, misstatement, misleading statement, act, omission, neglect, or breach of duty committed, attempted or allegedly committed or attempted in connection with the rendering of, or actual or alleged failure to render any services performed or required to be performed by an Insured for or on behalf of a customer of an Insured Organisation.

• Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance does not apply to any liability arising from/out of or based upon or in consequence of or brought or maintained by or on behalf of any individual or entity directly or beneficially owning 10% or more of the issued share capital or voting rights representing the present right to vote for election of directors of the Insured Organisation.

• This insurance does not apply to any liability arising from/out of or based upon or in consequence of any claim made against any Insured Person for an accounting of profits made from the purchase or sale by such Insured Person of securities of the Insured Organisation where such Insured Person has improperly benefited as a result of information that is not available to other sellers or purchasers of such securities.

• The “Insured”, either in the singular or plural, means the Insured Organisation and any Insured Person.

More Definitions of Insured Organisation

Insured Organisation means the first named entity stated in the Schedule which is the policyholder or a Subsidiary.

Insured Organisation means the entity designated in Item 1 of the Schedule and any Subsidiary.

Insured Organisation means the Principal Organisation, any Subsidiary, including but not limited to theInvestment Manager of any Fund, and any Fund.

Insured Organisation means an entity which is the Principal Organisation or any Subsidiary.

Insured Organisation means the Insured Fund and the Principal Insured and itsSubsidiaries.

Insured Organisation means those organizations designated in the Policy Schedule and their Subsidiaries unless specifically excluded.5.12 Insured Person