AUTHORIZATION AND NOTICES. The Named Insured shall act on behalf of all Insureds with respect to this policy including: (1) the giving of notice of Claim; (2) the giving and receiving of notice of cancellation or nonrenewal; (3), the payment of premiums; (4) the receiving of any return premiums; (5) the receipt and acceptance of any endorsements issued to form a part of this policy; and (6) the exercising of any right to a Discovery Period.
Appears in 3 contracts
Samples: Managerial and Professional Liability Insurance Policy, Managerial and Professional Liability Insurance Policy, Managerial and Professional Liability Insurance Policy
AUTHORIZATION AND NOTICES. The Named Insured shall act on behalf of all Insureds with respect to all matters as respects this policy Policy including: (1) the giving of notice of Claim; (2) the defense or settlement of a Claim; (3) giving and receiving of all correspondence and information; (4) giving and receiving notice of cancellation or nonrenewalcancellation; (3), the 5) payment of premiums; (46) the receiving of any return premiums; (57) the receipt receiving and acceptance accepting of any endorsements issued to form a part of this policyPolicy; and (6) 8) the exercising of any right to a Discovery Period.
Appears in 1 contract
