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Common use of OPERATIVE CLAUSE Clause in Contracts

OPERATIVE CLAUSE. Upon receipt of written proposal and declaration along with premium from the Insured (as named in the Policy Schedule), SBI General Insurance Company Limited (hereafter referred to as “the Company”) agrees to indemnify the Insured as per the indemnity clause contained hereafter.

Appears in 5 contracts

Samples: Errors and Omissions Liability Insurance, Errors and Omissions Liability Insurance, Directors & Officers Liability Insurance

OPERATIVE CLAUSE. Upon receipt of written proposal and & declaration along with premium from the Insured (as named in the Policy Schedule), SBI General Insurance Company Limited (hereafter referred to as “the Company”) agrees to indemnify the Insured as per the indemnity clause contained hereafter.

Appears in 2 contracts

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

OPERATIVE CLAUSE. Upon receipt of written proposal Proposal and declaration along with and in consideration of payment of the premium from the Insured (as named in the Policy Schedule), SBI General Insurance Company Limited (hereafter referred to as “the Company”) agrees to indemnify the Insured as per the indemnity Insuring clause contained hereafter.

Appears in 1 contract

Samples: Professional Indemnity Insurance Policy