Named Organization definition

Named Organization means any organization who has applied to and been accepted by Volunteers Insurance Service Association as a qualified member, and is shown on the certificate.

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Named Organization means the organization named in Item 1 of the Declarations.

Named Organization means the entity designated as such in ITEM 1 of the Declarations.

Examples of Named Organization in a sentence

• Each Insured agrees that the First Named Organization shall act on its behalf with respect to all such matters.

• If this Policy is cancelled by the Named Organization, Underwriters shall retain the customary short rate proportion of the premium hereon.

• The strap will be non-functional, fastened with one matching button.

• Upon satisfactory proof of payment by the Named Organization, the Underwriter will reimburse the Named Organization, up to the General Counsel Replacement Expenses Limit stated in Section V(B) of this Coverage Section, for General Counsel Replacement Expenses actually paid by the Named Organization in connection with a General Counsel Injury Event; provided, that such General Counsel Injury Event is reported to the Underwriter in accordance with Section VII of this Coverage Section.

• Within sixty (60) days of making any payment of General Counsel Replacement Expenses, the Insureds must provide the Underwriter with a detailed breakdown of all General Counsel Replacement Expenses for which the Named Organization seeks reimbursement under Insuring Agreement (C) of this Coverage Section, together with satisfactory proof of payment and any additional information as the Underwriter may reasonably request.

• For purposes of this provision, the Named Organization set forth in Item 1 of the Declarations, is the duly appointed agent of all the Insureds and is authorized to execute, in the name of the Insureds, all documents required to secure Underwriters’ rights of subrogation.

• Except as may be provided by a “direct action” Statute, this Policy does not provide any third-party right to join Underwriters as a party to any action brought against an Insured, nor shall Underwriters be impleaded into any action by the Named Organization or any Insured.

• The Named Organization shall act on behalf of all Insureds regarding all matters under this Policy, including, without limitation, cancellation, election of the Extended Reporting Period, transmission and receipt of notices, reporting of Claims, acceptance of endorsements, payment of premiums, and receipt of return premiums.

• The Coverage Section is also void if the Named Organization or any other Insured, at any time, intentionally conceals or misrepresents a material fact concerning this Coverage Section, the property covered under this Coverage Section, the Insured’s interest in the property covered under this Coverage Section, or a claim under this Coverage Section.

• Bodily Injury, Property Damage, Personal Injury, Advertising Injury if prior to this Policy’s inception date, such Bodily Injury, Property Damage, Personal Injury or Advertising Injury is known to have occurred, whether in whole or in part, by any person authorized by the Named Organization to give notice of Claim pursuant to the REPORTING PROVISIONS set forth below.

More Definitions of Named Organization

Named Organization means the non-profit organization named in the Declarations as the named organization

Named Organization means the Named Insured(s) shown in the Policy Declarations Page and any other person(s) or organization(s) qualifying as a Named Insured under this Policy named in Item 1 of the Declarations Page.