Common use of No Cancellation Clause in Contracts

No Cancellation. This contract cannot be cancelled other than if (and with effect from the date upon which) - (a) the Firm’s Practice is merged into a Successor Practice, provided that there is insurance complying with the Minimum Terms and Conditions in relation to that Successor Practice; or (b) replacement insurance complying with the Minimum Terms and Conditions commences. Cancellation will not affect the rights and obligations of the Insurer and the Insured accrued under this contract prior to the date of cancellation.

Appears in 4 contracts

Samples: Qualifying Insurer's Agreement, Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement

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No Cancellation. This contract cannot be cancelled other than if (and with effect from the date upon which) -): (a) the Firm’s Practice is merged into a Successor Practice, provided that there is insurance complying with the Minimum Terms and Conditions in relation to that Successor Practice; or (b) replacement insurance complying with the Minimum Terms and Conditions commences. Cancellation will not affect the rights and obligations of the Insurer and the Insured accrued under this contract prior to the date of cancellation.

Appears in 2 contracts

Samples: Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement

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No Cancellation. This contract cannot be cancelled other than if (and with effect from the date upon which) - (a) the Firm’s 's Practice is merged into a Successor Practice, provided that there is insurance complying with the Minimum Terms and Conditions in relation to that Successor Practice; oror‌ (b) replacement insurance complying with the Minimum Terms and Conditions commences. commences Cancellation will not affect the rights and obligations of the Insurer and the Insured accrued under this contract prior to the date of cancellation.

Appears in 1 contract

Samples: Qualifying Insurer's Agreement

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