Misrepresentation or Misconduct Sample Clauses

Misrepresentation or Misconduct. ‌ a. If the Insured or the Insured’s authorized representative has provided any fraudulent, false or misleading statement or information to AFSC, the Insured will not be entitled to any Indemnity for the crop year in which the fraudulent, false or misleading statement or information is provided. b. If AFSC determines that the Insured has engaged in farming practices, management procedures or operations which directly or indirectly contributed to a loss for which the Insured is claiming an Indemnity, AFSC, in its sole discretion, may: i. reduce coverage, or reject or cancel insurance for any time period as AFSC deems appropriate under this Contract; or ii. reduce the amount of an Indemnity by the amount AFSC determines was caused by the said farming practices, management procedures or operations. c. If the loss or damage claimed by the Insured results from reasons stated in subsection (a) or (b) of this section, AFSC will not refund to the Insured any portion of the premium that may have been paid, and the Insured is not relieved from paying any outstanding premium or any amount due and payable to AFSC.
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Misrepresentation or Misconduct. ‌ a. If AFSC determines that the Insured or the Insured’s authorized representative has made any fraudulent, false or misleading statement or information to AFSC, the Insured will not be entitled to any Indemnity pursuant to any Policy between the Insured and AFSC. b. If the Insured or the Insured’s authorized representative has made any fraudulent, false or misleading statement or information to AFSC and the Insured has already received an Indemnity associated with that false or misleading statement, AFSC may require that the Insured repay all such Indemnities. c. If any loss claimed by the Insured results from reasons stated in subsection (a) or (b), , AFSC will not refund to the Insured any portion of the Premium, and the Insured is not relieved from paying any outstanding Premium or any amount due and payable to AFSC.
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Misrepresentation or Misconduct. ‌ 1. If the Insured or the Insured’s authorized representative has provided any fraudulent, false or misleading statement or information to AFSC, then: (i) the Insured will not be entitled to any Indemnity for the Crop Year in which the fraudulent, false or misleading statement or information is provided; and (ii) in its sole and unfettered discretion, AFSC may cancel this Contract, or may cancel any other, or all, contracts of insurance, made between AFSC and the Insured, or made between AFSC and a party related to the Insured for a period of time determined by AFSC. 2. If AFSC determines that the Insured has engaged in farming practices, management procedures or operations which directly or indirectly contributed to a loss for which the Insured is claiming an Indemnity, AFSC, in its discretion, may: a. reduce Coverage b. reduce the amount of an Indemnity by an amount AFSC determines was caused by the said farming practices, management procedures or operations, with such reduction possibly eliminating the payment of an indemnity altogether;
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Misrepresentation or Misconduct a. If the Insured or the Insured’s authorized representative has provided any fraudulent, false or misleading statement or information to AFSC, the Insured will not be entitled to any Indemnity for the crop year in which the fraudulent, false or misleading statement or information is provided. b. If AFSC determines that the Insured has engaged in farming practices, management procedures or operations which directly or indirectly contributed to a loss for which the Insured is claiming an Indemnity, AFSC, in its discretion, may: i. reduce coverage, or reject or cancel insurance for a time period, the length of cancelations are at AFSC’s discretion, under this Contract; or ii. reduce the amount of an Indemnity by the amount AFSC determines was caused by the said farming practices, management procedures or operations. c. If the loss or damage claimed by the Insured results from reasons stated in subsection (a) or (b) of this section, AFSC will not refund to the Insured any portion of the premium, and the Insured is not relieved from paying any outstanding premium or any amount due and payable to AFSC.
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Related to Misrepresentation or Misconduct

  • Misrepresentation A representation (other than a representation under Section 3(e) or (f)) made or repeated or deemed to have been made or repeated by the party or any Credit Support Provider of such party in this Agreement or any Credit Support Document proves to have been incorrect or misleading in any material respect when made or repeated or deemed to have been made or repeated;

  • Misrepresentations Borrower or any Person acting for Borrower makes any representation, warranty, or other statement now or later in this Agreement, any Loan Document or in any writing delivered to Bank or to induce Bank to enter this Agreement or any Loan Document, and such representation, warranty, or other statement is incorrect in any material respect when made;

  • No Fraud or Misrepresentation To the best of the Seller’s knowledge, each Receivable that was originated by a Dealer was sold by the Dealer to the Seller and by the Seller to the Purchaser without any fraud or misrepresentation on the part of such Dealer or the Seller, respectively.

  • No Misrepresentation The representations and warranties of the Company contained in this Agreement, any schedule, annex or exhibit hereto and any agreement, instrument or certificate furnished by the Company to the Investors pursuant to this Agreement, do not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.

  • Misconduct Notwithstanding anything to the contrary in this Agreement, the Options shall terminate in their entirety, regardless of whether the Options are vested, immediately upon Optionee’s discharge of employment or other service relationship for Cause or upon Optionee’s commission of any of the following acts during any period following the cessation of Optionee’s employment or other service relationship during which the Options otherwise would be exercisable: (i) fraud on or misappropriation of any funds or property of the Corporation, or (ii) breach by Optionee of any provision of any employment, non-disclosure, non-competition, non-solicitation, assignment of inventions, or other similar agreement executed by Optionee for the benefit of the Company, as determined by the Administrator, which determination will be conclusive.

  • No Misrepresentations The reports and other submittals by Seller to Buyer under this Agreement are not false or misleading in any material respect.

  • Fraud In this Agreement, Fraud means dishonestly obtaining a benefit, or causing a loss, by deception or other means, and includes alleged, attempted, suspected or detected fraud.

  • Material Breach of Contract In the event Contractor fails to deliver the product and services as contracted for herein, to the satisfaction of the City of Sparks or otherwise fails to perform any provisions of this Contract, the City, after providing five (5) days written notice and Contractor’s failure to cure such breach within the time specified in the notice, may without waiving any other remedy, make good the deficiencies and deduct the actual cost of providing alternative products and/or services from payment due the Contractor. Non-performance after the first notice of non-performance shall be considered a material breach of contract.

  • fraudulent misrepresentation No party guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any party who was not guilty of such fraudulent misrepresentation.

  • No Misrepresentation or Breach of Covenants and Warranties (a) There shall have been no material breach by any ACME Entity in the performance of any of its respective covenants and agreements contained herein. (b) Each of the representations and warranties of the ACME Entities contained or referred to herein that is not qualified as to materiality or Material Adverse Effect shall be true and correct in all material respects on the Closing Date as though made on the Closing Date (except to the extent that they expressly speak as of a specific date or time other than the Closing Date, in which case they need only have been true and correct in all material respects as of such specified date or time), and each of the representations and warranties of the ACME Entities contained or referred to herein that is qualified as to materiality or Material Adverse Effect shall be true and correct in all respects on the Closing Date as though made on the Closing Date, except in any case for changes therein specifically permitted by this Agreement or resulting from any transaction expressly consented to in writing by Buyer. (c) The ACME Entities shall have delivered to Buyer certificates, dated as of the Closing Date, signed on behalf of each ACME Entity by its respective President or any Vice President, certifying that the conditions described in subsections (a) and (b) above have been satisfied.

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