Examples of Primary Policies in a sentence
The Umbrella/Excess Policy must follow form of the Primary Policies noted as A, B & C and be extended to “drop down” to become primary in the event the primary limits are reduced or the aggregate limits are exhausted.
Utica moves to preclude Munich from introducing any evidence or arguments on the issue of whether the Primary Policies may have lacked aggregate limits; it argues that even if “certain Primary Policies lacked aggregate limits, Utica would have been required to pay the same amounts under the 1973 and 1977 umbrella policies that Munich reinsures.” (Dkt.
Instead, Munich explains, “[t]hese litigations concern what consideration Utica gave to Goulds, i.e., how much Utica paid, in exchange for Goulds’ agreement in 2007 to impute aggregate limits into the Primary Policies that did not have them.” (Dkt.
Hartford believes that payments made to settle certain Underlying Lawsuits have been sufficient to exhaust the limits of liability for certain Hartford A&I Primary Policies with respect to the Underlying Lawsuits.
Reason: In order to ensure that the development has a satisfactory appearance and to comply with Policy BD1 of the Council's Borough Wide Primary Policies Development Plan Document.