Common use of LIMITATION AND EXCLUSION CLAUSE Clause in Contracts

LIMITATION AND EXCLUSION CLAUSE. No (re)insurer shall be deemed to provide cover and no (re)insurer shall be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that (re)insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, United Kingdom or United States of America.

Appears in 4 contracts

Samples: Insurance Circular, Reliance Property All Risk Insurance Policy, Home Shield Insurance Policy

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LIMITATION AND EXCLUSION CLAUSE. No (re)insurer shall be deemed to provide cover and no (re)insurer shall be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that (re)insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, United Kingdom or United States of America.. 15/09/10 LMA3100

Appears in 3 contracts

Samples: General Terms & Conditions, Accident General Terms & Conditions, General Terms & Conditions

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