Common use of Consolidation; Merger Clause in Contracts

Consolidation; Merger. If, through consolidation or merger with, or purchase of assets of, some other concern, any persons shall become Employees or if the Insured shall thereby acquire the use and control of any additional Premises, the insurance afforded by this Form shall also apply as respects such Employees and Premises, provided the Insured shall give the Insurer written notice thereof within thirty days thereafter and shall pay the Insurer an additional premium computed pro rata from the date of such consolidation, merger or purchase to the end of the current premium period.

Appears in 4 contracts

Samples: premier.qportal.ca, premiergroup.ca, staging.premiergroup.ca

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Consolidation; Merger. A. If, through consolidation or merger with, or purchase of assets of, some other concern, any persons shall become Employees “Employees” or if the Insured shall thereby acquire the use and control of any additional Premises, the insurance afforded by this Form Rider shall also apply as respects such Employees “Employees” and Premises, provided the Insured shall give the Insurer written notice thereof within thirty days thereafter and shall pay the Insurer an additional premium computed pro rata from the date of such consolidation, merger or purchase to the end of the current premium period.

Appears in 2 contracts

Samples: www.semutual.nb.ca, yarmouthmutual.com

Consolidation; Merger. If, through consolidation or merger with, or purchase of assets of, some other concern, any persons shall become Employees or if the Insured shall thereby acquire the use and control of any additional Premises, the insurance afforded by this Form shall also apply as respects such Employees and Premises, provided the Insured shall give the Insurer written notice thereof within thirty days (30) thereafter and shall pay the Insurer an additional premium computed pro rata from the date of such consolidation, merger or purchase to the end of the current premium period.

Appears in 2 contracts

Samples: premiergroup.ca, premiergroup.ca

Consolidation; Merger. If, through consolidation or merger with, or purchase of assets of, some other concern, any persons shall become Employees “employees” or if the Insured shall thereby acquire the use and control of any additional Premises“premises”, the insurance afforded by this Form shall also apply as respects such Employees “employees” and Premises“premises”, provided the Insured shall give the Insurer written notice thereof within thirty days thereafter and shall pay the Insurer an additional premium computed pro rata from the date of such consolidation, merger or purchase to the end of the current premium policy period.

Appears in 1 contract

Samples: www.standardinsurance.ca

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Consolidation; Merger. If, through consolidation or merger with, or purchase of assets of, some other concern, any persons person shall become Employees “employees” or if the Insured shall thereby acquire the use and control of any additional Premises“premises”, the insurance afforded by this Form shall also apply as respects such Employees “employees” and Premises“premises”, provided the Insured shall give the Insurer written notice thereof within thirty days thereafter and shall pay the Insurer an additional premium computed pro rata from the date of such consolidation, merger or purchase to the end of the current premium policy period.

Appears in 1 contract

Samples: clubrunner.blob.core.windows.net

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