Common use of PAYMENT OF AN AMOUNT OF THE LIMIT OF LIABILITY Clause in Contracts

PAYMENT OF AN AMOUNT OF THE LIMIT OF LIABILITY. Prior to or in the course of the conduct of proceedings or compromise negotiations in connection with any claim or series of claims, the Insurer is entitled to pay the amount of the relevant limit or limits of liability, after deducting any amount or amounts already paid as compensation, in which case the Insurer shall relinquish the conduct and control of such claim or claims and will be free from any further liability thereof.

PAYMENT OF AN AMOUNT OF THE LIMIT OF LIABILITY. Prior to or in the course of the conduct of proceedings or compromise negotiations in connection with any claim Claim or series of claimsClaims, the Insurer is entitled to pay the amount of the relevant limit or limits of liability, after deducting any amount or amounts already paid as compensation, in which case the Insurer shall relinquish the conduct and control of such claim Claim or claims Claims and will be free from any further liability thereof.. Authorised Signatory Forming part of Certificate No. 1600454