Common use of Cessation of the Firm’s Practice Clause in Contracts

Cessation of the Firm’s Practice. ‌ If the Firm’s Practice ceases during or on expiry of the Period of Insurance and the Firm has not obtained succeeding insurance in compliance with the Minimum Terms and Conditions (a Cessation), this contract provides run-off cover in accordance with clause 5.2.

Appears in 1 contract

Samples: Authority Agreement

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Cessation of the Firm’s Practice. ‌ If the Firm’s Practice ceases during or on expiry of the Period of Insurance and the Firm has not obtained succeeding insurance in compliance with the Minimum Terms and Conditions (a Cessation)Conditions, this contract provides run-off cover in accordance with clause 5.2.

Appears in 1 contract

Samples: www.sra.org.uk

Cessation of the Firm’s Practice. If the Firm’s Practice ceases during or on expiry of the Period of Insurance and the Firm has not obtained succeeding insurance in compliance with the Minimum Terms and Conditions (a Cessation), this contract provides run-off cover in accordance with clause 5.2.

Appears in 1 contract

Samples: Authority Agreement

Cessation of the Firm’s Practice. ‌ If The insurance must provide that, if the Firm’s Practice ceases during or on expiry of the Period of Insurance and the Firm has not obtained succeeding insurance in compliance with the Minimum Terms these minimum terms and Conditions conditions (a Cessation), this contract provides the insurance will provide run-off cover in accordance with clause 5.2cover.

Appears in 1 contract

Samples: Authority Agreement

Cessation of the Firm’s Practice. ‌ If The insurance must provide that, if the Firm’s Practice ceases during or on expiry of the Period of Insurance and the Firm has not obtained succeeding insurance in compliance with the Minimum Terms these minimum terms and Conditions conditions (a Cessation), this contract provides the insurance will provide run-off cover in accordance with clause 5.2cover.

Appears in 1 contract

Samples: Authority Agreement

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Cessation of the Firm’s Practice. If the Firm’s Practice ceases during or on expiry of the Period of Insurance and the Firm has not obtained succeeding insurance in compliance with the Minimum Terms and Conditions (a Cessation), this contract provides run-off cover in accordance with clause 5.2.

Appears in 1 contract

Samples: Authority Agreement

Cessation of the Firm’s Practice. If The insurance must provide that, if the Firm’s Practice ceases during or on expiry of the Period of Insurance and the Firm has not obtained succeeding insurance in compliance with the Minimum Terms these minimum terms and Conditions conditions (a Cessation), this contract provides the insurance will provide run-off cover in accordance with clause 5.2cover.

Appears in 1 contract

Samples: Authority Agreement

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