Fraud or dishonesty Sample Clauses
The 'Fraud or dishonesty' clause defines the consequences and procedures that apply if a party engages in fraudulent or dishonest conduct under the agreement. Typically, this clause allows the non-breaching party to take specific actions, such as terminating the contract or seeking damages, if fraud or dishonesty is discovered. For example, if one party falsifies records or intentionally misleads the other, the clause would trigger remedies outlined in the contract. Its core function is to deter unethical behavior and provide clear recourse in the event of fraud, thereby protecting the integrity of the contractual relationship.
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Fraud or dishonesty. The Insurance may exclude liability of the Insurer to indemnify all Insureds under the relevant Insurance to the extent that any civil liability or related Defence Costs arise from the dishonesty of or a fraudulent act or omission committed or condoned by any Insured.
Fraud or dishonesty. The insurance may exclude liability of the insurer to indemnify any particular person to the extent that any civil liability or related defence costs arise from dishonesty or a fraudulent act or omission committed or condoned by that person, except that:
(a) the insurance must nonetheless cover each other insured; and
(b) the insurance must provide that no dishonesty, act or omission will be imputed to a body corporate unless it was committed or condoned by, in the case of a company, all directors of that company, or in the case of an LLP, all members of that LLP.
Fraud or dishonesty. The insurance may exclude liability of the Insurer to indemnify any particular person to the extent that any civil liability or related Defence Costs arise from dishonesty or a fraudulent act or omission committed or condoned by that person, except that -
(a) the insurance must nonetheless cover each other Insured; and
(b) the insurance must provide that no dishonesty, act or omission will be imputed to a body corporate unless it was committed or condoned by, in the case of a company, all directors of that company, or, in the case of a limited liability partnership, all members of that limited liability partnership.
Fraud or dishonesty. The Insurer is not liable to indemnify any Insured to the extent that any civil liability or related Defence Costs arise from dishonesty or a fraudulent act or omission committed or condoned by that Insured, except that:
(a) this contract nonetheless covers each other Insured; and
(b) no such dishonesty, act or omission will be imputed to a body corporate unless it was committed or condoned by, in the case of a company, all directors of that company or, in the case of a Limited Liability Partnership, all members of that Limited Liability Partnership.
Fraud or dishonesty. To indemnify the Indemnitee for any Expenses incurred by the Indemnitee with respect to any Proceeding if fraud or dishonesty is proved against the Indemnitee; provided that the Indemnitee shall be protected under this Agreement as to any claims upon which suit may be brought against him by reason of any alleged fraud or dishonesty on his part, unless a final judgment or adjudication thereof adverse to the Indemnitee (which is not reversible or contestable) establishes that he committed (A) acts of active and deliberate fraud or dishonesty, (B) with actual fraudulent or dishonest purpose and intent, and (C) which acts were material to the cause of action so adjudicated; or
Fraud or dishonesty. The insurance may exclude liability of the Insurer to indemnify any particular person to the extent that any civil liability or related Defence Costs arise from dishonesty or a fraudulent act or omission committed or condoned by that person, except that -
(a) the insurance must nonetheless cover each other Insured; and
(b) the insurance must provide that no dishonesty, act or omission will be imputed to a body corporate unless it was committed or condoned by all directors of that body corporate.
Fraud or dishonesty. The insurer is not liable to indemnify any insured to the extent that any civil liability or related defence costs arise from dishonesty or a fraudulent act or omission committed or condoned by that insured, except that:
(a) this contract nonetheless covers each other insured; and
(b) no such dishonesty, act or omission will be imputed to a body corporate unless it was committed or condoned by, in the case of a company, all directors of that company or, in the case of an LLP, all members of that LLP.
Fraud or dishonesty. The release and agreement in clause 4.3 shall not apply in relation to any liability where, and to the extent that, the liability arises from or in any way relates to fraud or dishonesty in relation to the Released Party's obligations under the Previous Relationship Documents which:
(a) where the Company, a Subsidiary or LM Gemplus is the Released Party, ▇▇▇▇▇▇ ▇▇▇▇▇▇ or ▇▇▇▇▇ ▇▇▇▇ has committed or is actually aware of;
(b) where ▇▇▇▇▇ ▇▇▇▇ is the Released Party, he has committed or is actually aware of;
(c) where ABN is the Released Party, ▇▇▇▇▇▇ ▇▇▇▇▇▇ has committed or is actually aware of; and
(d) where Limited is the Released Party, ▇▇▇▇▇▇ ▇▇▇▇▇▇ has committed or is actually aware of. For the avoidance of doubt, no provision of this agreement imposes any liability on ▇▇▇▇▇▇ ▇▇▇▇▇▇, and no provision of this clause 4.4 imposes any liability on ▇▇▇▇▇ ▇▇▇▇ that he would not otherwise have as a party to this agreement.
Fraud or dishonesty. The Insurer is not liable to indemnify any Insured to the extent that any civil liability or related Defence Costs arise from the dishonesty of or a fraudulent act or omission committed or condoned by any Insured.
Fraud or dishonesty directly or indirectly based on, arising out of, or in any way involving any dishonesty or fraud found by way of any judgment or other final adjudication to have been committed by any Insured; provided that this Exclusion shall not apply in respect of that element of Loss comprising Defence Costs otherwise covered under Claims Condition B. (“Allocation”) unless and until such time as that Insured has been found by way of any judgment or other final adjudication to have committed such act of dishonesty or fraud;