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What is an omnibus clause?

omnibus clause. n. 1) an automobile insurance policy clause which provides coverage no matter who is driving the car. 2) a provision in a judgment distributing the estate of a deceased person, giving "all other property" (not specifically mentioned) to the beneficiaries named in the will.

What is the meaning of omnibus?

Definition of omnibus. (Entry 1 of 2) 1 : a usually automotive public vehicle designed to carry a large number of passengers : bus took a seat on the omnibus. 2 : a book containing reprints of a number of works (as of a single author or on a single subject) The omnibus contained all of the author's short stories.

What is an Omnibus amendment?

Definition of Omnibus Amendment. Omnibus Amendment means the Omnibus Amendment and Reaffirmation Agreement (Security Agreements, Guaranties, and Securities Pledge Agreement), dated as of March 26, 2008, among each Borrower, each Guarantor, and the Administrative Agent.


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