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Common use of One Claim Clause in Contracts

One Claim. The insurance may provide that, when considering what may be regarded as one Claim for the purposes of the limits contemplated by clauses 2.1 and 2.3: (a) all Claims against any one or more Insured arising from: (i) one act or omission; (ii) one series of related acts or omissions; (iii) the same act or omission in a series of related matters or transactions; (iv) similar acts or omissions in a series of related matters or transactions and (b) all Claims against one or more Insured arising from one matter or transaction will be regarded as one Claim.

Appears in 4 contracts

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

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One Claim. The insurance may provide that, when considering what may be regarded as one Claim for the purposes of the limits contemplated by clauses 2.1 and 2.3:2.3:- (a) all Claims against any one or more Insured arising from:from:- (i) one act or omission; (ii) one series of related acts or omissions; (iii) the same act or omission in a series of related matters or transactions; (iv) similar acts or omissions in a series of related matters or transactions and (b) all Claims against one or more Insured arising from one matter or transaction will be regarded as one Claim.

Appears in 1 contract

Samples: Qualifying Insurer’s Agreement

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