Joint Insureds. In the event there is more than one Insured, each of the Insureds together will be treated for all purposes under this Policy as a single entity. Representations by any of the Insureds will be considered representations of all, and breaches of any provision of this Policy by one will be considered breaches by all. The performance by any of the Insureds of any duty or obligation of the Insured under this Policy will be considered performance by all. Any limits imposed upon the Insured under this Policy will apply to all Insureds in the aggregate and not to each individually.
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Samples: Excess of Loss Trade Credit Insurance Policy, Trade Credit Insurance Policy, Commercial Tenant Default Insurance Policy
Joint Insureds. In the event there is more than one Insured, each of the Insureds together will be treated for all purposes under this Policy as a single entity. Representations by any of the Insureds will be considered representations of all, and breaches of warranties, conditions or any provision other terms or provisions of this Policy by one will be considered breaches by all. The performance by any of the Insureds of any duty or obligation of the Insured under this Policy will be considered performance by all. Any limits imposed upon the Insured under this Policy will apply to all Insureds in the aggregate and not to each individually.
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