Common use of DELAYS, ERRORS AND OMISSIONS Clause in Contracts

DELAYS, ERRORS AND OMISSIONS. Any inadvertent error, omission or delay in complying with the terms and conditions of this Agreement shall not be held to relieve either party hereto from any liability that would attach to it hereunder if such error, omission or delay had not been made, provided such error, omission or delay is rectified immediately upon discovery.

Appears in 18 contracts

Samples: Quota Share Reinsurance Agreement (Watford Holdings Ltd.), Quota Share Reinsurance Agreement (Watford Holdings Ltd.), Quota Share Retrocession Agreement (Watford Holdings Ltd.)

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DELAYS, ERRORS AND OMISSIONS. Any No inadvertent errordelay, error or omission or delay in complying with the terms and conditions of this Agreement shall not be held to relieve either party hereto from of any liability that which would attach have attached to it hereunder them under this Contract if such errordelay, error or omission or delay had not been made, provided such error, omission or delay that rectification is rectified made immediately upon discovery.

Appears in 14 contracts

Samples: Excess Cession Reinsurance Contract (Darwin Professional Underwriters Inc), Excess Cession Reinsurance Contract (Darwin Professional Underwriters Inc), Excess Cession Reinsurance Contract (Darwin Professional Underwriters Inc)

DELAYS, ERRORS AND OMISSIONS. Any inadvertent errorInadvertent delays, omission or delay errors and omissions made in complying connection with the terms and conditions of this Agreement shall not be held to relieve either party hereto from any liability that which would attach to it hereunder if have attached had such errordelay, error or omission or delay had not been madeoccurred, provided always that such error, error or omission or delay is be rectified immediately upon as soon as possible after its discovery.

Appears in 8 contracts

Samples: Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.), Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.), Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.)

DELAYS, ERRORS AND OMISSIONS. Any inadvertent delay, error, or omission or delay made in complying connection with the terms and conditions of this Agreement or any transaction hereunder shall not be held to relieve either party hereto from any liability that would attach to it hereunder if have attached had such delay, error, or omission or delay had not been madeoccurred, provided such error, that any error or omission or delay is rectified immediately upon discoveryas soon as reasonably practical.

Appears in 2 contracts

Samples: Adverse Development Reinsurance Agreement (Security Capital Assurance LTD), Adverse Development Reinsurance Agreement (Security Capital Assurance LTD)

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DELAYS, ERRORS AND OMISSIONS. Any inadvertent error, omission or delay in In complying with the terms and conditions of this Agreement Agreement, any inadvertent delay, error or omission shall not be held to relieve either party hereto from any liability that which would attach to it hereunder if such errordelay, error or omission or delay had not been made, provided such error, error or omission or delay is rectified immediately upon discovery.

Appears in 2 contracts

Samples: Residential Property Catastrophe Excess of Loss Reinsurance Agreement (Flagstone Reinsurance Holdings LTD), Umbrella Property Catastrophe Excess of Loss Reinsurance Agreement (Flagstone Reinsurance Holdings LTD)

DELAYS, ERRORS AND OMISSIONS. 1. Any inadvertent error, omission or delay in complying with the terms and conditions of this Agreement shall Contract will not be held to relieve either party hereto from any liability that would attach to it hereunder if such error, omission or delay had not been made, provided such error, omission or delay is rectified immediately upon discovery.

Appears in 1 contract

Samples: Title Insurance Quota Share Reinsurance Contract (Capitol Investment Corp. V)

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