Common use of Newly Acquired Subsidiaries Clause in Contracts

Newly Acquired Subsidiaries. During the Policy Period, if the Named Insured or any Subsidiary acquires another entity whose annual revenues are more than ten percent (10%) of the Named Insured’s total annual revenues for the four quarterly periods directly preceding inception of the Policy Period, such acquired entity shall not be a Subsidiary, and no Insured shall have coverage under this Policy for any Claim or Loss that arises out of any act, error omission, incident or event whether committed before or after such acquisition:

Newly Acquired Subsidiaries. During If during the Policy Period, if the Named Insured or any Subsidiary acquires another entity whose annual revenues are more than ten percent (10%) of the Named Insured’s total annual revenues as set forth in the most recent application for the four quarterly periods directly preceding inception of the Policy Periodinsurance, such acquired entity shall not be a Subsidiary, and then no Insured shall have coverage under this Policy for any Claim or Loss requirement to pay Privacy Notification Costs that arises out of any act, error omission, incident or event whether committed before or after such acquisition:

Newly Acquired Subsidiaries. During the Policy Period, if the Named Insured or any Subsidiary acquires another entity whose annual revenues are more than ten percent (10%) of the Named Insured’s total annual revenues for the four quarterly periods directly preceding inception of the Policy Period, such acquired entity shall not be a Subsidiary, and no Insured shall have coverage under this Policy for any Claim or Loss that arises out of any act, error error, omission, incident or event whether committed before or after such acquisition:

Newly Acquired Subsidiaries. During the Policy Period, if the Named Insured or any Subsidiary acquires another entity whose annual revenues are more than ten fifteen percent (1015%) of the Named Insured’s total annual revenues for the four quarterly periods directly preceding inception of the Policy Period, such acquired entity shall not be a Subsidiary, and no Insured shall have coverage under this Policy for any Claim or Loss that arises out of any act, error omission, incident or event whether committed before or after such acquisition: