Action against the Fund Sample Clauses

Action against the Fund. The Fund Member may not act against the Fund unless, as a condition precedent, the Fund Member has fully complied with all provisions of the Agreements. No person has a right under this Coverage Agreement to join the Fund as a party or otherwise bring it into a suit filed against the Fund Member.
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Action against the Fund. The following provisions apply to actions against the Fund: (A) No action will lie against the Fund or the Fund’s representatives unless, as a condition precedent to it, the Covered Person has fully complied with all provisions, terms, and conditions of this Coverage Agreement and the amount of the Covered Person’s obligation to pay has been finally determined either by judgment or award against the Covered Person after trial, regulatory proceeding, arbitration, or by written agreement of the Covered Person, the claimant, and the Fund; and (B) No person or organization will have the right under this Coverage Agreement to join the Fund as a party to an action or other proceeding against any Covered Person to determine the Covered Person’s liability, nor may the Fund be impleaded by any Covered Person or the Covered Person’s legal representative.
Action against the Fund. No action shall lie against the Fund unless, as a condition precedent thereto, the insured shall have been in full compliance with all of the terms of this certificate and the provisions of applicable Florida Statutes.
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