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Common use of Claims and Settlements Clause in Contracts

Claims and Settlements. Each Insured shall, within ten days after the making of any claim under the Policy, provide the other Insureds with written notice of the amount and nature of such claim. Each Insured shall, within ten days after the receipt thereof, provide the other Insureds with written notice of the terms of settlement of any claim made under the Policy by such Insured.

Appears in 10 contracts

Samples: Joint Fidelity Bond Agreement (Senior Credit Investments, LLC), Joint Fidelity Bond Agreement (Brookfield Investment Funds), Joint Fidelity Bond Agreement

Claims and Settlements. Each Insured shall, within ten five days after the making of any claim under the Policy, provide the other Insureds with written notice of the amount and nature of such claim. Each Insured shall, within ten days after the receipt thereof, shall provide the other Insureds with written notice of the terms of settlement of any claim made under the Policy by such InsuredInsured within five days after the receipt thereof.

Appears in 1 contract

Samples: Joint Insurance Agreement (Guinness Atkinson Funds)