Examples of Outside Entity Director in a sentence
If any Claim made against an Outside Entity Director is insured under any other policy issued by the Insurer, its parent, a subsidiary or affiliate, then payment under such policy on account of a Claim also covered under this policy, shall reduce by the amount of the payment, the Insurer’s Limit of Liability under this policy with respect to such Claim.
Such retentions include all Costs and Expenses and are to be borne by the Director, Outside Entity Director or the Company (as the case may be) and are not to be insured.
LOS advised the Workgroup that the Industry Update from Ofgem and the presentation from SAGE North Sea Limited in respect of the pre-Modification discussion under agenda item1.51.
Coverage for such Outside Entity Director shall cease after thirty (30) days after the date of commencement unless the Insurer accepts in writing such outside directorship.
Subject to the provisions of Section 8.6 “Outside Directorship Conditions”, the Insurer will pay to or on behalf of each Outside Entity Director or the Company the Loss of each Outside Entity Director.