Policy Holders definition

Policy Holders. - means holder of a motor insurance policy with Saffron Insurance Services Ltd.
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Policy Holders means actual and prospective third party customers of Customer (or the specified Authorized Entity, as applicable) who hold or intend to purchase, insurance policies offered by carriers for whom Customer (or the specified Authorized Entity, as applicable) acts as an authorized agent.
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Policy Holders means holders of Policy Obligations.
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Examples of Policy Holders in a sentence

  • Insurers shall have at least a Policy Holders Rating of A-, and Financial Rating of Class VI as identified in the latest issue of ‟Best's Key Rating Guide” unless otherwise accepted by the Owner in writing.

  • Insurers shall have at least a Policy Holders Rating of A-, and Financial Rating of Class IV as identified in the latest issue of "Bests Key Rating Guide" unless otherwise accepted by the City of Mexico Beach in writing.

  • Insurance shall be placed only in Commonwealth of Kentucky authorized insurance companies rated A+ VIII or A VIII in “Best Policy Holders Ratings” or their financial equivalent.

  • All insurance policies shall be with an insurer having a "Best Policy Holders" rating of "A-X" or better, and be in such form, amount and deductibles as are satisfactory to Lessor.

  • The surety company shall have at least the following minimum ratings in the latest revision of Best’s Key Rating Guide: Best’s Policy Holders Ratings –A- (minimum); Best Financial Category – Class 1.

  • Insurance required hereunder shall be placed with companies holding a "General Policy Holders Rating" of "", or better, as set forth in the most current issue of "Bests Insurance Guide", or its equivalent.

  • The TENANT commits to procure a Civil Non-Contractual Liability Policy (the “Policy”) with a legally established Colombian insurance company, which is deemed as acceptable by OPAIN, with the following conditions: Policy Holders: OPAIN S.A. NIT 900.105.860-4, FIDUCIARIA OPAIN S.A.-FIDUCIARIA BANCOLOMBIA, NIT 830.054.539-0, and the TENANT.

  • Insurance Companies General Policy Holders rating of not less than A- and Financial ratings not less than Class VII (7) as rated in the most current available best’s key rating guide.

  • Except as described on Schedule 4.16, none of the TFS Companies is subject to any contractual prohibition or restriction on its ability to own, manage or operate any business, or solicit any current, former or potential customers, Borrowers, lessees, or Policy Holders that will be binding on Purchaser or the TFS Companies after Closing.

  • If your insurance policy is secured with Lloyd’s, kindly be aware of certain details and safeguards undertaken in the interest of Policy Holders.


More Definitions of Policy Holders

Policy Holders and “Insureds” means all persons, partnerships, joint ventures, corporations, companies, or unincorporated organizations which are policy holders or insureds of PINNACLE, which meet underwriting eligibility requirements established by PINNACLE and whose applications for insurance coverage have been accepted by PINNACLE.” Note - any and all references to “Participating Members” or “Member” in the remainder of the Management Company Contract shall be deemed to refer to “Policy Holders” and “Insureds” rather than “Participating Members” or “Members”.
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Policy Holders and “Insureds” means all persons, partnerships, joint ventures, corporations, companies, or unincorporated organizations which are policy holders or insureds of AmCOMP, which meet underwriting eligibility requirements established by AmCOMP and whose applications for insurance coverage have been accepted by AmCOMP.
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Related to Policy Holders

  • Equity Holders means the Stockholders and the Option Holders.

  • Initial Holders has the meaning set forth in the preamble.

  • Key Holders means the persons named on Schedule B hereto, each person to whom the rights of a Key Holder are assigned pursuant to Subsection 3.1, each person who hereafter becomes a signatory to this Agreement pursuant to Subsection 6.9 or 6.17 and any one of them, as the context may require.

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • Initial Shareholders means the Sponsor and any Insider that holds Founder Shares; (v) “Private Placement Warrants” shall mean the 5,000,000 warrants (or 5,450,000 warrants if the over-allotment option is exercised in full) that the Representative and Sponsor have agreed to purchase for an aggregate purchase price of $5,000,000 (or $5,450,000 if the over-allotment option is exercised in full), or $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering, plus up to 1,500,000 Private Placement Warrants that may be used upon conversion of working capital loans; (vi) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).