ACTION AGAINST INSURER. No action shall lie against the Insurer under any Insuring Agreement of this policy including the Insuring Agreement relating to “Defense - Miscellaneous Payments” unless, as a condition precedent thereto, there shall have been full compliance with all the terms of this policy, nor until the amount of the Insured’s obligation to pay shall have been finally determined either by judgment against the Insured after actual trial or by written agreement of the Insured, the claimant and the Insurer. Every action or proceeding against the Insurer shall be commenced within 1 year next after the date of such judgment or written agreement and not afterwards. If this policy is governed by the laws of Quebec, every action or proceeding against the Insurer shall be commenced within 3 years from the time the right of action arises. Nothing contained in this policy shall give any person or organization any right to join the Insurer as a co-defendant in any action against the Insured to determine the Insured’s liability. Bankruptcy or insolvency of the Insured or of the Insured’s estate shall not relieve the Insurer of any of its obligations he reunder.
Appears in 1 contract
ACTION AGAINST INSURER. No action shall lie against the Insurer under any Insuring Agreement of this policy including the Insuring Agreement relating to “"Defense - Miscellaneous Settlement- Supplementary Payments” " unless, as a condition precedent thereto, there shall have been full compliance with all of the terms of this policy, nor until the amount of the Insured’s 's obligation to pay shall have been finally determined either by judgment against the Insured after actual trial or by written agreement of the Insured, the claimant and the Insurer. Every action or proceeding against the Insurer shall be commenced within 1 one year next after the date of such judgment or written agreement and not afterwards. If this policy is governed by the laws law of Quebec, every action or proceeding against the Insurer shall be commenced within 3 three years from the time the right of action arises. Nothing contained in this policy shall give any person or organization any right to join the Insurer as a co-defendant in any action against the Insured insured to determine the Insured’s 's liability. Bankruptcy or insolvency of the Insured or of the Insured’s 's estate shall not relieve the Insurer of any of its obligations he reunderhereunder.
Appears in 1 contract
Samples: Insurance Agreement
ACTION AGAINST INSURER. No action shall lie against the Insurer under any Insuring Agreement of this policy including the Insuring Agreement relating to “Defense - Miscellaneous Payments” unless, as a condition precedent thereto, there shall have been full compliance with all the terms of this policy, nor until the amount of the Insured’s obligation to pay shall have been finally determined either by judgment against the Insured after actual trial or by b y written agreement of the Insured, the claimant and the Insurer. Every action or proceeding against the Insurer shall be commenced within 1 year next after the date of such judgment or written agreement and not afterwards. If this policy is governed by the laws of Quebec, every action or proceeding against the Insurer shall be commenced within 3 years from the time the right of action arises. Nothing contained in this policy shall give any person or organization any right to join the Insurer as a co-defendant in any action against the Insured to determine the Insured’s liability. Bankruptcy or insolvency of the Insured or of the Insured’s estate shall not relieve the Insurer of any of its obligations he reunderhereunder.
Appears in 1 contract
ACTION AGAINST INSURER. No action shall lie against the Insurer under any Insuring Agreement of this policy including the Insuring Agreement relating to “Defense - Miscellaneous Payments” unless, as a condition precedent thereto, there shall have been full compliance with all the terms of this policy, nor until the amount of the Insured’s obligation to pay shall have been finally determined either by judgment against the Insured after actual trial or by written agreement of the Insured, the claimant and the Insurer. Every action or proceeding against the Insurer shall be commenced within 1 year next after the date of such judgment or written agreement and not afterwards. If this policy is governed by the laws of Quebec, every action or proceeding against the Insurer shall be commenced within 3 years from the time the right of action arises. Nothing contained in this policy shall give any person or organization any right to join the Insurer as a co-defendant in any action against the Insured to determine the Insured’s liability. Bankruptcy or insolvency of the Insured or of the Insured’s estate shall not relieve the Insurer of any of its obligations he reunderhereunder.
Appears in 1 contract
ACTION AGAINST INSURER. No action shall lie against the Insurer under any Insuring Agreement of this policy including the Insuring Agreement relating to “Defense - Miscellaneous – Settlement – Supplementary Payments” unless, as a condition precedent thereto, there shall have been full compliance with all of the terms of this policy, nor until the amount of the Insured’s obligation to pay shall have been finally determined either by judgment against the Insured after actual trial or by written agreement of the Insured, the claimant and the Insurer. Every action or proceeding against the Insurer shall be commenced within 1 one year next after the date of such judgment or written agreement and not afterwards. If this policy is governed by the laws law of Quebec, every action or proceeding against the Insurer shall be commenced within 3 three years from the time the right of action arises. Nothing contained in this policy shall give any person or organization any right to join the Insurer as a co-defendant in any action against the Insured to determine the Insured’s liability. Bankruptcy or insolvency of the Insured or of the Insured’s estate shall not relieve the Insurer of any of its obligations he reunderhereunder.
Appears in 1 contract
Samples: Residential Insurance Policy