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 notices of Claim or termination, the negotiation, agreement to and acceptance of endorsements, and the giving or receiving of any notices provided for in this policy (except the giving of notice to apply for the Extended Reporting Period), and each Insured agrees that the Principal Organisation shall act on their behalf.

Authorisation Clause. By acceptance of this policy, the Principal Organisation Organization agrees to act on behalf of all Insureds Insured’s with respect to the giving and receiving of notices of Claim or Loss or termination, the negotiation, agreement to and acceptance of endorsements, and the giving or receiving of any notices provided for in this policy (except the giving of notice to apply for the Extended Reporting Period), and each Insured agrees that the Principal Organisation Organization shall act on their behalf.