Common use of Loss of Subsidiary Status Clause in Contracts

Loss of Subsidiary Status. If, during or prior to the Policy Period, any entity ceases to be a Subsidiary, then coverage will be available under the Insuring Agreements for such Subsidiary and its Insured Persons, but only for a Wrongful Act of such Insureds occurring before such transaction. No coverage will be available for any Wrongful Act of such Insureds occurring after such transaction.

Loss of Subsidiary Status. If, before or during or prior to the Policy Period, any entity organization ceases to be a Subsidiary, then coverage will shall be available under the Insuring Agreements this Policy for such Subsidiary and its Insured PersonsInsureds, but only for a covered Wrongful Act of such Insureds Acts occurring before such transaction. No coverage will shall be available for any Wrongful Act of such Insureds occurring after such transaction.

Loss of Subsidiary Status. If, during or prior to the Policy Period, any entity ceases to be a Subsidiary, then coverage will be available under the Insuring Agreements for such Subsidiary entity and its Insured Persons, Insureds shall continue until termination of this Policy but only for a Wrongful Act of such Insureds occurring before such transaction. No coverage will be available for any Wrongful Act of occurring prior to the date such Insureds occurring after such transactionentity ceased to be a Subsidiary.

Loss of Subsidiary Status. If, before or during or prior to the Policy Period, any entity ceases to be a Subsidiary, then coverage will shall be available under the Insuring Agreements for such Subsidiary and its Insured Persons, but only for a Wrongful Act of such Insureds occurring before such transaction. No coverage will shall be available for any Wrongful Act of such Insureds occurring after such transaction.