Examples of Shared Insurance Policies in a sentence
The Debtors only pay an allocated portion of the payments due under the Premium Finance Agreement with respect to the Shared Insurance Policies and Programs that are financed thereunder.
As noted above, the Insurance Policies and Programs include two categories: (i) Insurance Policies and Programs directly obtained by the Debtors; and (ii) Shared Insurance Policies and Programs obtained by Glass Holdings and certain non-debtor affiliates pursuant to which the Debtors are a named insured.
The Company shall be responsible for complying with terms of the Shared Insurance Policies to obtain coverage for such Covered Claims, including if the Shared Insurance Policy requires any payments to be made in connection therewith (including self-insured retentions or deductibles), and the Company shall make any such requiredpayments and maintain any required or appropriate accruals or reserves for such Covered Claims.
By this Motion, the Debtors request authority, but not direction, to maintain, continue, and renew their Insurance Policies and Programs, and to honor their Insurance Obligations, including with respect to their Shared Insurance Policies and Programs, as they come due, each in the ordinary course of business during these chapter 11 cases.
While most of the Shared Insurance Policies and Programs’ payments are allocated based upon the sales generated by the applicable insured entity, the Property Insurance Policy’s allocation is based upon the total insurable value of that insured entity’s property.
Shared Insurance Policies: Statutes and Rules ................................................................(pg 9)c.
In connection with the Shared Insurance Policies and Programs, other than the Real Estate Environmental Liability Policy, the Debtors and their non-debtor affiliates collectively finance their premiums and, therefore, each pay an allocated portion of the payments made pursuant to the Premium Finance Agreement, as discussed in more detail below.
Complaints regarding any such alleged conduct will be dealt with in accordance with the Complaints Procedure and accompanying guidelines.
Non-debtor affiliate Office Support Services, LLC (“OSS”) arranges financing for the premiums for the Shared Insurance Policies and Programs.
The Insurance Policies and Programs include two categories: (i) Insurance Policies and Programs directly obtained by the Debtors; and (ii) Shared Insurance Policies and Programs obtained by Glass Holdings and certain non-debtor affiliates pursuant to which the Debtors are a named insured.