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Safety National Casualty Corporation 4/25/2020
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Safety National Casualty Corporation 4/25/2020
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Last modified
3/10/2021 12:04:49 PM
Creation date
3/10/2021 12:04:06 PM
Metadata
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Contracts
Contractor's Name
Safety National Casualty Corporation
Approval Date
4/25/2020
Council Approval Date
4/15/2020
Department
Legal
Department Project Manager
Tim Benedict
Subject / Project Title
Settlement and Site Release GTS Parcel
Tracking Number
0002818
Total Compensation
$0.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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whether primary, umbrella, excess or otherwise, and whether liability, first party, environmental <br /> hazard, environmental impairment, inland marine liability, bumbershoot, automobile or <br /> otherwise, issued or allegedly issued by Safety National: (i) to the City of Everett; or (ii) under <br /> which the City of Everett claims it is entitled to insurance, rights or benefits. <br /> L. "Safety National" means Safety National Insurance Company, formerly named <br /> Safety Mutual Insurance Company; <br /> M. "Safety National Releasees" means: <br /> (i) Safety National; and <br /> (ii) each of its present and future, direct and indirect parents, subsidiaries, <br /> partners,joint ventures, and affiliates; <br /> (iii) the past, direct and indirect parents, subsidiaries, partners,joint ventures, <br /> reinsurers, and affiliates of any of the foregoing but only if an entity <br /> described in (i) or (ii) above has the power or authority to act on such <br /> Person's behalf; <br /> (iv) the past, present and future officers, directors, employees, representatives, <br /> agents, and/or administrators, members, principals, authorized claims <br /> handling agents, attorneys and shareholders of any of the foregoing but <br /> only in their capacity as such; and <br /> (v) the predecessors, successors and assigns of any of the foregoing. <br /> Notwithstanding the foregoing, "Safety National Releasees" shall not include any Person <br /> that is first acquired by, first acquires, or first merges into Safety National (as constituted on the <br /> Effective Date) after the Effective Date other than with respect to Claims against such Person <br /> under, arising from or relating to Policies issued by Safety National as constituted on or before <br /> Settlement Agreement and Site Release <br /> Page-6 <br /> 2625918/1470.0003 <br />
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