Common use of Covered Property Clause in Contracts

Covered Property. This bond shall apply to loss of Property (a) owned by the Insured, (b) held by the Insured in any capacity, or (c) owned and held by someone else under circumstances which make the Insured responsible for the Property prior to the occurrence of the loss. This bond shall be for the sole use and benefit of the Insured named in the Declarations.

Appears in 1 contract

Samples: Fidelity Bond Agreement

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Covered Property. This bond shall apply applies to loss of Property (a) Property: 1. that is owned by the Insured, (b) ; 2. that is held by the Insured in any capacity, or (c) owned and held by someone else under circumstances ; or 3. for which make the Insured responsible for the Property is responsible, prior to or at the time of the occurrence of the loss. This bond shall be is for the sole use and benefit of the Insured named in the DeclarationsInsured.

Appears in 1 contract

Samples: Investment Company Bond

Covered Property. This bond shall apply applies to loss of Property (a) Property: 1. owned by the Insured, (b) ; 2. held by the Insured in any capacity, or (c) owned and held by someone else under circumstances ; or 3. for which make the Insured was responsible for the Property prior to the occurrence of the loss. This bond shall be is for the sole use and benefit of the Insured named in the DeclarationsInsured.

Appears in 1 contract

Samples: Credit Union Bond With Extended Coverages

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Covered Property. This bond shall apply applies to loss of Property (a) Property: 1. which is owned by the Insured, (b) ; 2. which is held by the Insured in any capacity, or (c) owned and held by someone else under circumstances ; or 3. for which make the Insured responsible for the Property is responsible, prior to or at the time of the occurrence of the loss. This bond shall be is for the sole use and benefit of the Insured named in the DeclarationsInsured.

Appears in 1 contract

Samples: Insurance Company Bond With Extended Coverages

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