Public Relations Consultancy Fees. The maximum payable by RSA during the Period of Insurance under this extension shall be the lesser of 10% of the Fidelity Limit of Indemnity or the maximum aggregate Sub-Limit of £25,000. Such costs and expenses shall be in addition to the Fidelity Limit of Indemnity.
Public Relations Consultancy Fees. The maximum payable by RSA during the Period of Insurance under this extension shall be the lesser of 10% of the Fidelity Limit of Indemnity or the maximum aggregate Sub-Limit of £25,000. Such costs and expenses shall be in addition to the Fidelity Limit of Indemnity.
B. OWNERSHIP & CLIENT COVERAGE EXTENSION The Money, Securities and Covered Property covered under this Fidelity Policy Section are limited to that owned or leased by the Civil Society. This extension shall extend to include Money, Securities and Covered Property:
1. held by the Civil Society in any capacity; or
2. held by any Client in any capacity and where the Civil Society is legally liable to such Client.
C. ACQUISITION OR CREATION OF SUBSIDIARY COMPANIES Policy condition: Acquisition or Creation of Subsidiary shall be replaced, or shall apply where absent, with the following for this Fidelity Policy Section;
1. If, during the Period of Insurance, the Civil Society acquires or creates any new office, branch or Subsidiary (either directly or through one or more of its Subsidiaries), coverage shall apply from such date of acquisition or creation provided that the new office, branch, or Subsidiary:
(a) has no more than 20% of the total number of Employees previously declared by or on behalf of all of the Civil Society; and
(b) does not undertake activities which vary materially from those declared in the Proposal;
(c) such activities are confined to the UK; and
(d) has not had a loss within the past three years with a quantum greater than 50% of the Retention specified in the Policy Schedule.
2. If the new office, branch or Subsidiary acquired or created falls outside the above conditions, RSA agrees to provide cover from the date of their creation or acquisition for a period of 60 days. During the period of 60 days the Policyholder shall provide any additional information and pay any additional premium as may be reasonably required by RSA. Cover provided under this sub-section in relation to any new office, branch or Subsidiary shall only apply with respect to any Fidelity Loss caused by any act which is committed after the date of their creation or acquisition. However, RSA shall consider the provision of retroactive cover for any new office, branch or Subsidiary in respect of Fidelity Loss otherwise insured hereunder, prior to the date of any such acquisition, upon specific request, subject to payment of any additional premium required and the signing of a written endorsement.
D. FIDELITY...
Public Relations Consultancy Fees. The maximum payable by RSA during the Period of Insurance under this extension shall be the lesser of 10% of the Fidelity Limit of Indemnity or the maximum aggregate Sub-Limit of £25,000. Such costs and expenses shall be in addition to the Fidelity Limit of Indemnity.
B. OWNERSHIP & CLIENT COVERAGE EXTENSION The Money, Securities and Covered Property covered under this Fidelity Policy Section are limited to that owned or leased by the Civil Society. This extension shall extend to include Money, Securities and Covered Property:
1. held by the Civil Society in any capacity; or
2. held by any Client in any capacity and where the Civil Society is legally liable to such Client.
C. ACQUISITION OR CREATION OF SUBSIDIARY COMPANIES Policy condition: Acquisition or Creation of Subsidiary shall be replaced, or shall apply where absent, with the following for this Fidelity Policy Section;
Public Relations Consultancy Fees. If the Insurer shall be liable for Loss in excess of the applicable Retention under Insuring Clause
1. A Directors and Officers Liability Coverage or
