Common use of Cessation of Subsidiaries Clause in Contracts

Cessation of Subsidiaries. If an organisation ceases to be a Subsidiary, before or after the inception date of this policy, coverage with respect to such Subsidiary and the Insured Persons in relation thereto shall continue until termination of this policy or any renewal thereof, but only with respect to Claims for Wrongful Acts occurring prior to the date such organisation ceased to be a Subsidiary.

Appears in 3 contracts

Samples: www.hdfcergo.com, www.hdfcergo.com, www.hdfcergo.com

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Cessation of Subsidiaries. If an organisation ceases to be a Subsidiary, before or after the inception date of this policy, coverage with respect to such Subsidiary and the Insured Persons in relation thereto shall continue until termination of this policy or any renewal thereof, but only with respect to Claims for Wrongful Acts occurring prior to to, and Investigations into conduct occurring prior to, the date such organisation ceased to be a Subsidiary.

Appears in 2 contracts

Samples: www.hdfcergo.com, www.hdfcergo.com

Cessation of Subsidiaries. If an organisation any Organization ceases to be a Subsidiary, before or after the inception date of this policy, then coverage with respect to such Subsidiary and the Insured Persons Insureds in relation thereto shall continue until the termination of this policy policy, or any renewal thereof, but only with respect to Claims for Wrongful Acts occurring occurring, or Formal Investigations into conduct occurring, prior to the effective date of such organisation ceased to be a Subsidiarycessation.

Appears in 2 contracts

Samples: Signature Professional Indemnity Insurance, Signature Professional Indemnity Insurance

Cessation of Subsidiaries. If 9.3 In the event an organisation ceases to be a Subsidiary, Subsidiary before or after the inception date of this policy, coverage with respect to such Subsidiary and the Insured Persons in relation thereto shall continue until termination of any law governing the construction of this policy. If any of the provisions of this policy or are inconsistent with any renewal thereof, but only with respect to Claims for Wrongful Acts occurring prior to law governing its construction then the date such organisation ceased provisions of this policy shall be deemed to be a Subsidiaryamended so as to comply with such law.

Appears in 1 contract

Samples: www.hdfcergo.com

Cessation of Subsidiaries. B If an organisation organization ceases to be a Subsidiary, before or after the inception date of this policyPolicy Period, coverage with respect to such Subsidiary and the Insured Persons in relation thereto shall continue until termination of this policy Policy or any renewal thereof, but only with respect to Claims for Wrongful Acts occurring occurring, or Loss or Expense first incurred, prior to the date such organisation organization ceased to be a Subsidiary.Subsidiary and on or after the Retroactive Date shown in Item 7 of the Schedule Acquisition of Organisation C.

Appears in 1 contract

Samples: www.bharti-axagi.co.in

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Cessation of Subsidiaries. If 9.3 In the event an organisation ceases to be a Subsidiary, Subsidiary before or after the inception date of this policy, coverage with respect to such Subsidiary and the Insured Persons in relation thereto shall continue until termination of this policy or any renewal thereof, thereof but only with respect to Claims for Wrongful Acts occurring prior to the date such organisation ceased to be a Subsidiary.. Representations and Severability

Appears in 1 contract

Samples: www.hdfcergo.com

Cessation of Subsidiaries. If during the Policy Period, an organisation ceases to be a Subsidiary, before or after the inception date of this policy, then coverage with respect to such Subsidiary and the its Insured Persons in relation thereto shall continue until termination of this policy or any renewal thereofPolicy, but only with respect to Claims for Wrongful Acts occurring prior to the date such organisation ceased to be a Subsidiary.

Appears in 1 contract

Samples: www.hdfcergo.com

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