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 for such entity and its Insureds shall continue until termination of this Policy but only for any Wrongful Act occurring prior to the date such entity 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 shall be available for such entity Subsidiary and its Insureds shall continue until termination of this Policy Insured Persons, but only for a Wrongful Act of such Insureds occurring before such transaction. No coverage shall be available for any Wrongful Act of such Insureds occurring prior to the date after such entity ceased to be a Subsidiarytransaction.

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

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 entity Subsidiary and its Insureds shall continue until termination of this Policy 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 prior to the date after such entity ceased to be a Subsidiarytransaction.