Outside Entity Director definition

Outside Entity Director means any Insured Person who did or does, or during the Policy Period begins to serve, at the specific request or direction of a Company, as a director or officer, trustee (except a pension trustee), governor or equivalent of an Outside Entity including any Outside Entity Juristic Person Director and its natural person representative.
Outside Entity Director means any Director who at the specific request of the Company becomes a Director or Officer or member of any management board or committee of an Outside Entity.
Outside Entity Director means a natural person who did, does or during the Period of Insurance begins to serve as a director, officer, or trustee or in an equivalent executive position, including as a de facto or shadow director, for an Outside Entity at the Insured Organisation’s specific request or as part of the duties regularly assigned to the Insured Person by the Insured Organisation.

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.


More Definitions of Outside Entity Director

Outside Entity Director means any Director or Officer who, at the specific request of the Company, becomes a director or officer of an Outside Entity;
Outside Entity Director means a Director or any natural person who was, is or during the Policy Period becomes a director, managerial officer, supervisor of the board, trustee, governor or equivalent of an Outside Entity at the specific request of the Company including any Outside Entity Juristic Person Director and its natural person representative. 茲經雙方約定,要保人所投保之美國國際產物董監事及經理人責任保險-尊榮防護版(以下簡稱主 保險契約),主保險契約第四條第三十項「外派董事」應予刪除,並以下列約定代之。 指董事或任何自然人過去、現在或保險期間內經被保險公司的特定要求擔任外部機構之董事、經理人、監察人、受託人、主管或其他類似職務者,包括外派法人董事及其自然人代表。外派董事 *本保險單為英文保單,中文節譯僅供參考,應以英文條款內容為準。 不保事項: 依主保險契約之約定 銷售予金融消費者之保險商品預定附加費用率: 7.6%~46.6% 短期費率表: 依主保險契約之約定 保費退費係數表: 依主保險契約之約定 理賠申請文件及程序: 請參照本公司網站「理賠服務」欄- General Provision Consent Amended核准日期及文號:98.09.07 (98)邦保商企字第 0426 號 98.11.23(98)美亞保精字第 0001 號函備查 102.03.04(102)美亞保精字第 0030 號函備查105.09.01 依金融監督管理委員會 105.07.18 金管保產字第 10502524121 號函修正 承保範圍:It is hereby understood and agreed that Section H, 3. Consent is deleted in its entirety and replaced by the following: 3. Consent An Insured shall not, in respect of any Claim, admit or assume any liability, enter into any settlement agreement, or consent to any judgment, without Our prior written consent, which We will not unreasonably withhold. If any Insured shall settle any Claim or potential Claim without Our prior written consent, this policy shall afford no cover in connection with that Claim or potential Claim. 茲經雙方約定,要保人所投保之美國國際產物董監事及經理人責任保險-尊榮防護版(以下簡稱主 保險契約),主保險契約第七項第三條「同意」應予刪除,並以下列約定代之。被保險人在未取得本公司的書面同意前,不應承認或承擔任何關於賠償請求的賠償責任,或對此達成任何和解協議或因認同任何判決而放棄上訴之權 利。本公司如無正正當理由,不得拒絕同意上述請求。若被保險人於取得本公司事前的書面同意前,已對賠償請求或潛在的賠償請求作出和解,則本保險契約對於該賠償請求或潛在的賠償請求不予承保。三、同意 *本保險單為英文保單,中文節譯僅供參考,應以英文條款內容為準。不保事項: 依主保險契約之約定銷售予金融消費者之保險商品預定附加費用率: 7.6%~46.6% 短期費率表: 依主保險契約之約定 保費退費係數表: 依主保險契約之約定 理賠申請文件及程序: 請參照本公司網站「理賠服務」欄- General Provision Allocation Amended核准日期及文號:98.09.07 (98)邦保商企字第 0427 號 98.11.23(98)美亞保精字第 0001 號函備查 102.03.04(102)美亞保精字第 0030 號函備查105.09.01 依金融監督管理委員會 105.07.18 金管保產字第 10502524121 號函修正
Outside Entity Director means any natural person who, at the specific written request of the Company, during the Policy Period was, is or becomes an executive member, administrator or trustee or holds an equivalent position in an Outside Entity.
Outside Entity Director means a natural person who did, does or during the Policy Period begins to serve, at the specific request or direction of a Company, as a director or officer or Shadow Director of an Outside Entity.
Outside Entity Director means a Director or any natural person who was, is or during the Policy Period becomes a director, managerial officer, supervisor of the board, trustee, governor or equivalent of an Outside Entity at the specific request of the Company including any Outside Entity Juristic Person Director and its natural person representative. Subject otherwise to the terms, exclusions and conditions of this policy.查詢本公司資訊公開說明文件,請上本公司網站,網址:www.aig.com.tw,或至本公司索取。免費申訴電話:0809-090570 AIG Taiwan Management Liability Protection for You & Your Business General Provision Consent Amended98.09.07(98)邦保商企字第 0426 號函備查98.11.23(98)美亞保精字第 0001 號函備查102.03.04(102)美亞保精字第 0030 號函備查105.09.01 依金融監督管理委員會 105.07.18 金管保產字第 10502524121 號函修正 It is hereby understood and agreed that Section H, 3. Consent is deleted in its entirety and replaced by the following: 3. ConsentAn Insured shall not, in respect of any Claim, admit or assume any liability, enter into any settlement agreement, or consent to any judgment, without Our prior written consent, which We will not unreasonably withhold. If any Insured shall settle any Claim or potential Claim without Our prior written consent, this policy shall afford no cover in connection with that Claim or potential Claim. Subject otherwise to the terms, exclusions and conditions of this policy.查詢本公司資訊公開說明文件,請上本公司網站,網址:www.aig.com.tw,或至本公司索取。免費申訴電話:0809-090570 AIG Taiwan Management Liability Protection for You & Your Business General Provision Allocation Amended98.09.07(98)邦保商企字第 0427 號函備查98.11.23(98)美亞保精字第 0001 號函備查102.03.04(102)美亞保精字第 0030 號函備查105.09.01 依金融監督管理委員會 105.07.18 金管保產字第 10502524121 號函修正 It is hereby understood and agreed that Section H, 13. Allocation is deleted in its entirety and replaced by the following: 13. AllocationIf an Insured becomes involved in a Claim which is made against both covered and non-covered parties and / or involves both covered matters and matters not covered under this policy, We will have no obligation to make a payment to the Insured for that part of the Claim which is not covered under this policy. Where any Claim involves both covered matters and matters not covered by this policy, a fair and proper allocation of any Defence Costs, judgments and / or settlements shall be made between the Insured Person, the Company and Us, taking into account the relative legal and financial exposures attributable to covered matters and matters and / or parties not covered under this policy. With respect to: (i) Defence Costs jointly incur...
Outside Entity Director means a Director or any natural person who was, is or during the Policy Period becomes a director, managerial officer, supervisor of the board, trustee, governor or equivalent of an Outside Entity at the specific request of the Company including any Outside Entity Juristic Person Director and its natural person representative.
Outside Entity Director means any insured individual who at the specific request of the company serves as a director, officer, or other equivalent executive position, in an outside entity.