Business Insurance definition

Business Insurance means appropriate business insurance cover that has been taken out by a Participant for their business and is specified in their Business Plan.
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Business Insurance and " - Regulation" and "Description of Capital Stock" in the Prospectus, insofar as such statements constitute a summary of the legal matters, documents or proceedings referred to therein, provide a summary of such legal matters, documents and proceedings in all material respects;
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Business Insurance shall have the meaning ascribed thereto in Section 5.1.3 hereof.
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Examples of Business Insurance in a sentence

  • If insurance is for business purposes, also complete the Business Insurance Supplement.

  • Maintain in full force and effect Business Insurance as required by the insurance letter agreement between Borrower and Agent attached hereto as Exhibit 6.6.1, all of which shall be written by insurers and in amounts and forms satisfactory to Agent and otherwise comply with the terms of such insurance letter agreement, and deliver to Agent such evidence of compliance with this subsection 6.6.1 as Agent may require.

  • Borrower hereby directs all insurers under all policies of Business Insurance to pay all proceeds payable thereunder directly to Agent and Borrower hereby authorizes Agent to collect all such proceeds.

  • Based on revenues from self-insured clients, Gallagher Bassett currently ranks as the world’s largest multiline, third-party administrator, according to Business Insurance magazine.

  • At least three Business Days prior to the Closing Date, Borrower shall have delivered to Agent evidence satisfactory to Agent that all Business Insurance coverage required pursuant to Section 6.6 is in full force and effect and all premiums then due thereon have been paid in full.

  • The Purchase Agreement provides for the Purchase of all of the shares of the Business Insurance Group, Inc., a Delaware insurance holding company ("BIG") upon the terms of the Purchase Agreement.

  • Providing service to business, public entity, quasi-public entity, individual, trade and professional association clients nationwide, the Company is ranked by Business Insurance magazine as the United States' sixth largest independent insurance intermediary.

  • Providing service to business, public entity, quasi-public entity, individual, trade and professional association clients nationwide, the Company is ranked by Business Insurance magazine as the United States' seventh largest independent insurance intermediary.

  • The Business Insurance Policies will not terminate due to the consummation of the Transactions (assuming payment of any applicable policy premiums arising after the Closing).

  • All of the Business Insurance Policies are in full force and effect.


More Definitions of Business Insurance

Business Insurance has the meaning set forth in Section 8.11. "Business Receivables" has the meaning set forth in Section 11.9(a). "Business Records" has the meaning set forth in Section 2.1. "Buyer" has the meaning set forth in the Background. "Buyer Indemnitee" has the meaning set forth in Section 12.1.1. "Buyer Material Adverse Effect" has the meaning set forth in Section 6. 1. "Buyer Non-Closing Event" has the meaning set forth in Section 9.1.8. "Buyer Permitted Termination" has the meaning set forth in Section 13.4(a). "Buyer's Lenders" shall mean Xxxxx Brothers Xxxxxxxx & Co. and First Union National Bank. "Buyer's Subsidiaries" has the meaning set forth in Section 3.2(a)(iv). "Buyer's Title Commitment" has the meaning set forth in Section 2.6.1(a). "Collection" has the meaning set forth in Section 11.9(b). "Collection Shortfall" has the meaning set forth in Section 11.9(b). "Closing" has the meaning set forth in Section 4.1. "Closing Date" has the meaning set forth in Section 4. 1.
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Related to Business Insurance

  • Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Property Insurance is defined in Section 6.10(a).

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • First party insurance means an insurance policy or contract in which the insurer agrees to pay a claim submitted to it by the insured for the insured's losses.

  • Casualty insurance means liability insurance.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • Franchise insurance means an individual insurance policy provided through a

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Insurance Policies has the meaning set forth in Section 3.16.