Notice of Legal Actions. The Broker must notify the Department of any legal actions filed against it for a violation of any laws, rules, codes, ordinances or licensing requirements within 30 days of the action being filed. The Broker must notify the Department of any legal actions filed against it for a breach of a contract of similar size and scope to this Contract within 30 days of the action being filed. Failure to notify the Department of a legal action within 30 days of the action will be grounds for termination for cause of the Contract.
Appears in 4 contracts
Samples: Government Crime Insurance Contract, Contract for Commercial Automobile Insurance, Commercial Automobile Insurance Contract
Notice of Legal Actions. The Within 30 days of the action being filed, the Broker must of Record shall notify the Department of any legal actions filed against it for a violation of any laws, rules, codes, ordinances ordinances, or licensing requirements within 30 days of the action being filedrequirements. The Broker must of Record shall notify the Department of any legal actions filed against it for a breach of a contract of similar size and scope to this Contract within 30 thirty (30) days of the action being filed. Failure to notify the Department of a legal action within 30 thirty (30) days of the action will may be grounds for termination for cause or nonrenewal of the Contract.
Appears in 1 contract
Samples: Broker of Record Agreement
