Common use of Authorisation Clause Clause in Contracts

Authorisation Clause. By acceptance of this policy, the Principal Organisation agrees to act on behalf of all Insureds with respect to the giving and receiving of notice of claim or termination, the payment of premiums and the receiving of any return premiums that may become due under this policy, the negotiation, agreement to and acceptance of endorsements, and the giving or receiving of any notice provided for in this policy (except the giving of notice to apply for the Extended Reporting Period), and the Insureds agree that the Principal Organisation shall act on their behalf.

Appears in 3 contracts

Samples: Insurance Contract, Insurance Contract, Insurance Contract

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Authorisation Clause. By acceptance of this policy, the Principal Organisation agrees to act on behalf of all Insureds with respect to the giving and receiving of notice notices of claim Claim or termination, the payment of premiums and the receiving of any return premiums that may become due under this policy, the negotiation, agreement to and acceptance of endorsements, and the giving or receiving of any notice notices provided for in this policy (( except the giving of notice to apply for the Extended Reporting Period), and the Insureds agree each Insured agrees that the Principal Organisation shall act on their behalf.

Appears in 3 contracts

Samples: Directors and Officers Liability Insurance Agreement, Directors and Officers Liability Insurance Agreement, Directors and Officers Liability Insurance Agreement

Authorisation Clause. By acceptance of this policyPolicy, the Principal Insured Organisation agrees to act on behalf of all Insureds with respect to the giving and receiving of notice notices of claim Claim or termination, the payment of premiums and the receiving of any return premiums that may become due under this policy, the negotiation, agreement to and acceptance of endorsements, and the giving or receiving of any notice notices provided for in this policy Policy (except the giving of notice to apply for the Extended Reporting Period), and the Insureds agree that the Principal Insured Organisation shall act on their behalf.

Appears in 2 contracts

Samples: Directors & Officers Liability Insurance Policy, Directors & Officers Liability Insurance Policy

Authorisation Clause. By acceptance of this policy, the Principal Organisation agrees to act on behalf of all Insureds with respect to the giving and receiving of notice notices of claim Claim or termination, the payment of premiums and the receiving of any return premiums that may become due under this policy, the negotiation, agreement to and acceptance of endorsements, and the giving or receiving of any notice notices provided for in this policy (except the giving of notice to apply for the Extended Reporting Period), and the Insureds agree each Insured agrees that the Principal Organisation shall act on their behalf.

Appears in 2 contracts

Samples: Directors and Officers Liability Insurance Policy, Directors and Officers Liability Insurance Policy

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Authorisation Clause. By acceptance of this policyPolicy, the Principal Organisation agrees to act on behalf of all Insureds with respect to the giving and receiving of notice of claim Claim or termination, the payment of premiums premiums, and the receiving of any return premiums that may become due under this policyPolicy, the negotiation, agreement to and acceptance of endorsements, and the giving or receiving of any notice provided for in this policy (except the giving of notice to apply for the Extended Reporting Period)Policy, and the Insureds agree each Insured agrees that the Principal Organisation shall act on their behalf.

Appears in 1 contract

Samples: Insurance Policy

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