Common use of Control of Loss Clause in Contracts

Control of Loss. If commercially feasible, all policies of insurance required to be maintained pursuant to this Attachment 15, wherein more than one insurer provides the coverage on any single policy, shall have a clause (or a separate agreement among the insurers) wherein all insurers have agreed that the lead insurers shall have full settlement authority on behalf of the other insurers.

Control of Loss. If commercially feasible, feasible all policies of insurance required to be maintained pursuant to this Attachment 15Schedule 9.2, wherein more than one insurer provides the coverage on any single policy, shall have a clause (or a separate agreement among the insurers) wherein all insurers have agreed that the lead insurers insurer shall have full settlement authority on behalf of the other insurers.

Control of Loss. If commercially feasible, all policies of insurance required to be maintained pursuant to this Attachment 15Schedule 8.05, wherein more than one insurer provides the coverage on any single policy, shall have a clause (or a separate agreement among the insurers) wherein all insurers have agreed that the lead insurers insurer shall have full settlement authority on behalf of the other insurers.

Control of Loss. If commercially feasible, all policies of insurance required to be maintained pursuant to this Attachment 15, Article 16 and Appendix MM wherein more than one insurer provides the coverage on any single policy, shall have a clause (or a separate agreement among the insurers) wherein all insurers have agreed that the lead insurers shall have full settlement authority on behalf of the other insurers.