Common use of Corporate Liability Clause in Contracts

Corporate Liability. A Corporate Liability Insuring Clause RSA shall indemnify the Civil Society against any Loss incurred by the Civil Society arising from a Claim that first arises during the Period of Insurance, a) such Claim is notified to RSA during the Period of Insurance or any applicable Discovery Period; and b) RSA shall not be liable to indemnify the Civil Society in respect of any applicable Excess.