Common use of ACTION AGAINST THE UNDERWRITERS Clause in Contracts

ACTION AGAINST THE UNDERWRITERS. No action shall lie against the Underwriters or the Underwriters' representatives unless and until, as a condition precedent thereto, the Insured shall have fully complied with all provisions, terms and conditions of this Insurance and the amount of the Insured’s obligation to pay shall have been finally determined either by judgment or award against the Insured after trial, regulatory proceeding, arbitration or by written agreement of the Insured, the claimant, and the Underwriters. No person or organization shall have the right under this Policy to join the Underwriters as a party to an action or other proceeding against the Insured to determine the Insured’s liability, nor shall the Underwriters be impleaded by the Insured or the Insured’s legal representative. The Insured’s bankruptcy or insolvency or of the Insured’s estate shall not relieve the Underwriters of their obligations hereunder.

ACTION AGAINST THE UNDERWRITERS. No action shall lie against the Underwriters or the Underwriters' representatives unless and until, as a condition precedent thereto, the Insured shall have fully complied with all provisions, terms and conditions of this Insurance and the amount of the Insured’s obligation to pay shall have been finally determined either by judgment or award against the Insured after trial, regulatory proceeding, arbitration or by written agreement of the Insured, the claimant, and the Underwriters. No person or organization shall have the right under this Policy to join the Underwriters as a party to an action or other proceeding against the Insured to determine the Insured’s liability, nor shall the Underwriters be impleaded by the Insured or the Insured’s legal representative. The Insured’s bankruptcy or insolvency or of the Insured’s estate shall not relieve the Underwriters of their obligations hereunder.

ACTION AGAINST THE UNDERWRITERS. No action shall lie against the Underwriters or the Underwriters' ’ representatives unless and until, as a condition precedent thereto, the Insured shall have fully complied with all provisions, terms and conditions of this Insurance Insurance, and the amount of the Insured’s 's obligation to pay shall have been finally determined either by judgment or award against the Insured after trial, regulatory proceeding, arbitration or by written agreement of the Insured, the claimant, claimant and the Underwriters. No person or organization shall have the right under this Policy to join the Underwriters as a party to an action or other proceeding against the Insured to determine the Insured’s liability, nor shall the Underwriters be impleaded by the Insured or the Insured’s legal representativerepresentatives. The Insured’s bankruptcy or insolvency or of the Insured’s estate shall not relieve the Underwriters of their obligations hereunder.

ACTION AGAINST THE UNDERWRITERS. No action shall lie against the Underwriters or the Underwriters' representatives unless and until, as a condition precedent thereto, the Insured shall have fully complied with all provisions, terms and conditions of this Insurance Insurance, and the amount of the Insured’s obligation to pay shall have been finally determined either by judgment or award against the Insured after trial, regulatory proceeding, arbitration or by written agreement of the Insured, the claimant, and the Underwriters. No person or organization shall have the right under this Policy to join the Underwriters as a party to an action or other proceeding against the Insured to determine the Insured’s liability, nor shall the Underwriters be impleaded by the Insured or the Insured’s legal representative. The Insured’s bankruptcy or insolvency or of the Insured’s estate shall not relieve the Underwriters of their obligations hereunder.