Errors or Omissions. Errors or omissions of an administrative nature on the part of the Company shall not invalidate the reinsurance under this Agreement, provided such errors or omissions are corrected promptly after discovery thereof; but the liability of the Reinsurer under this Agreement or any exhibits, addenda, or endorsements attached hereto shall in no event exceed the limits specified herein nor be extended to cover any risks, perils, lines of business or classes of insurance generally or specifically excluded herein.
Appears in 7 contracts
Samples: Interests and Liabilities Contract (Commerce Group Inc /Ma), Reinsurance Agreement (Safety Insurance Group Inc), Reinsurance Agreement (Philadelphia Consolidated Holding Corp)
Errors or Omissions. Errors or omissions of an administrative a ministerial nature on the part of the Company shall not invalidate the reinsurance under this Agreement, provided such errors or omissions are corrected promptly after discovery thereof; but the liability of the Reinsurer under this Agreement or any exhibits, addenda, or endorsements attached hereto shall in no event exceed the limits specified herein nor be extended to cover any risks, perils, lines of business or classes of insurance generally or specifically excluded herein.
Appears in 3 contracts
Samples: Reinsurance Agreement (Mercury General Corp), Reinsurance Agreement (Mercury General Corp), Philadelphia Consolidated Holding Corp
Errors or Omissions. Errors or omissions of an administrative nature on the part of the Company shall not invalidate the reinsurance under this Agreement, provided such errors or omissions are corrected promptly after discovery thereof; but the liability of the Reinsurer under <PAGE> 21 of 26 this Agreement or any exhibits, addenda, or endorsements attached hereto shall in no event exceed the limits specified herein nor be extended to cover any risks, perils, lines of business or classes of insurance generally or specifically excluded herein.
Appears in 1 contract
Samples: Combined Property and Liability Quota Share Reinsurance Agreement (Commerce Group Inc /Ma)
Errors or Omissions. Errors or omissions of an administrative administration nature on the part of the Company shall not invalidate the reinsurance under this Agreement, provided such errors or omissions are corrected promptly after discovery thereof; but the liability of the Reinsurer under this Agreement or any exhibits, addenda, or endorsements attached hereto shall in no event exceed the limits specified herein nor be extended to cover any risks, perils, lines of business or classes of insurance generally or specifically excluded herein.
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