Common use of NOTIFICATION EXTENSION CLAUSE Clause in Contracts

NOTIFICATION EXTENSION CLAUSE. Should the Insured notify the Company during the Period of Insurance in accordance with General Condition 17.1 of any specific event or circumstance which the Insured accept may give rise to a claim or claims which form the subject of indemnity by this Policy then acceptance of such notification means that the Company will deal with any Claims subsequently arising from such circumstance(s) and such claim or claims shall be considered to have been made during the Policy Period or the Extended Reporting Period in which the circumstances were first reported to the Company. The extension granted under this clause will be subject to the claim being made against the Insured within three (3) years from such notice to the Company.

Appears in 3 contracts

Samples: Errors and Omissions Liability Insurance Policy, Errors and Omissions Liability Insurance Policy, Errors and Omissions Liability Insurance Policy

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NOTIFICATION EXTENSION CLAUSE. Should the Insured notify the Company during the Period of Insurance in accordance with General Condition Condition 17.1 of any specific event or circumstance which the Insured accept may give rise to a claim or claims which form the subject of indemnity by this Policy then acceptance of such notification means that the Company will deal with any Claims subsequently arising from such circumstance(s) and such claim or claims shall be considered to have been made during the Policy Period or the Extended Reporting Period in which the circumstances were first reported to the Company. The extension granted under this clause will be subject to the claim being made against the Insured within three (3) years from such notice to the Company.

Appears in 3 contracts

Samples: Errors and Omissions Liability Insurance, Errors and Omissions Liability Insurance, Errors and Omissions Liability Insurance

NOTIFICATION EXTENSION CLAUSE. Should the Insured notify the Company during the Period of Insurance in accordance with General Condition 17.1 Condition 18.1 of any specific event or circumstance which the Insured accept may give rise to a claim or claims which form the subject of indemnity by this Policy then acceptance of such notification means that the Company will deal with any Claims subsequently arising from such circumstance(s) and such claim or claims shall be considered to have been made during the Policy Period or the Extended Reporting Period in which the circumstances were first reported to the Company. The extension granted under this clause will be subject to the claim being made against the Insured within three (3) years from such notice to the Company.

Appears in 3 contracts

Samples: Commercial General Liability Insurance Contract, Commercial General Liability Insurance Contract, Commercial General Liability Insurance

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NOTIFICATION EXTENSION CLAUSE. Should the Insured notify the Company during the Period of Insurance in accordance with General Condition 17.1 Condition 21.1 of any specific event or circumstance which the Insured accept may give rise to a claim or claims which form the subject of indemnity by this Policy then acceptance of such notification means that the Company will deal with any Claims subsequently arising from such circumstance(s) and such claim or claims shall be considered to have been made during the Policy Period or the Extended Reporting Period in which the circumstances were first reported to the Company. The extension granted under this clause will be subject to the claim being made against the Insured within three (3) years year from such notice to the Company.

Appears in 2 contracts

Samples: Directors & Officers Liability Insurance, Directors & Officers Liability Insurance

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