Insured Organization definition

Insured Organization means the "named insured" and any "subsidiaries" of the "named insured".

Insured Organization means the Named Insured and its Subsidiaries, including any such organization as a debtor in possession within the meaning of the United States Bankruptcy Code or similar legal status under foreign law.

Insured Organization means any entity named in Item I of the Declarations and any

Examples of Insured Organization in a sentence

• Prior to the payment of any Extortion Payment, the Insured Organization shall make every reasonable effort to determine that the Extortion Threat is not a hoax, or otherwise not credible.

• The Insured Organization shall take all steps reasonable and practical to avoid or limit the payment of an Extortion Payment.

• For all purposes under this Policy, the Insured Organization is presumed to indemnify the Insured Persons to the fullest extent permitted by law or pursuant to the by-laws or other organizational documents of the Insured Organization for any Loss, or to advance any Defense Costs on their behalf, except to the extent that the Insured Organization cannot in fact do so for reasons of Financial Impairment.

• The Retention shall not apply, however, if indemnification by the Insured Organization is not permitted by law or if the Insured Organization is not able to indemnify solely by reason of its Financial Impairment.

• Criminal Reward To indemnify the Insured Organization for Criminal Reward Funds.

More Definitions of Insured Organization

Insured Organization means the Named Insured and any Subsidiary.

Insured Organization means the Parent Corporation and any Subsidiary acquired on or before the inception date as set forth in Item 2(A) of the Declarations or, subject to Section VI Changes in Exposure of these General Terms and Conditions, during the Policy Period. Insured Organization shall also mean any such entity as a Debtor in Possession.

Insured Organization means the Named Insured, any Subsidiary, and any such entity as a debtor in possession, as such term is used in Chapter 11 of the United States of America Bankruptcy Code, as amended, or the equivalent of a debtor in possession under any applicable foreign law.

Insured Organization means any entity shown in Item 1. on the Declarations and its “subsidiaries.”

Insured Organization means the organization named in Item 1 of the Declarations and any Subsidiary existing prior to or at the inception date of this policy and listed on the Named Insured Endorsement attached to this policy. In addition, Insured Organization shall mean any Subsidiary created or acquired after the inception date of the policy subject to Section 4. Condition (H) Merger, Consolidation or Acquisition.

Insured Organization means the Parent Organization; any Subsidiary created at any time; and any Subsidiary acquired before the Policy inception date set forth in Item 2(A) of the Declarations or, subject to Section XIII Changes in Exposure, during the Policy Period. Insured Organization shall also mean any such entity as a Debtor in Possession or in an equivalent status under the law of any country other than the United States.

Insured Organization means an Investment Adviser or Subsidiary.