Qualification, Misrepresentation and Fraud Sample Clauses

Qualification, Misrepresentation and Fraud. The coverage under this Policy shall be void if You do not meet the eligibility requirements for the plan selected as set out in the Application/ Declaration . The eligibility requirements are material to the risk for which insurance is sought . In addition, the coverage under this Policy shall be void if, before or after a loss, You or Your representative misrepresent, conceal or fail to disclose any material fact or matter, or if there is any fraud or false swearing by You or Your representative, pertaining to You or any claim under this Policy .
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Qualification, Misrepresentation and Fraud. The coverage under this Policy shall be void if you do not meet the eligibility requirements for the plan selected as set out in the application . The eligibility requirements are material to the risk for which Insurance is sought . If you qualify for the coverage selected but fail to answer truthfully and accurately any question asked in or at the time of application, any claim will be subject to an extra deductible of $10,000 in addition to any other applicable deductible amount, and no future coverage will be provided under this Policy unless you pay the additional premium reflecting true and accurate answers to those questions . In addition, the coverage under this Policy shall be void if, before or after a loss, you or your representative misrepresent, conceal or fail to disclose any material fact or matter, or if there is any fraud or false swearing by you or your representative, pertaining to you or any claim under this Policy .
Sample 1
Qualification, Misrepresentation and Fraud. The coverage under this Policy shall be void if you do not meet the eligibility requirements for the plan selected as set out in the application The eligibility requirements are material to the risk for which Insurance is sought If you qualify for the coverage selected but fail to answer truthfully and accurately any question asked in or at the time of application, any claim will be subject to an extra deductible of $10,000 in addition to any other applicable deductible amount, and no future coverage will be provided under this Policy unless you pay the additional premium reflecting true and accurate answers to those questions In addition, the coverage under this Policy shall be void if, before or after a loss, you or your representative misrepresent, conceal or fail to disclose any material fact or matter, or if there is any fraud or false swearing by you or your representative, pertaining to you or any claim under this Policy 2 Subrogation–The company will not subrogate against any employment plans if the lifetime maximum limit for all in-country and out-of-country benefits under that plan is $100,000 or less If you acquire any right of action against any person, firm or organization for loss covered hereunder, you shall, if requested by the company, assign and transfer such claim or right of action to the company and will permit suit to be brought in your name under the direction and expense of the company This right of subrogation is in addition to all other rights of subrogation existing under common law, equity or statute You shall do nothing after a loss to prejudice the company’s rights of subrogation In the event that you make any legal claim against a third party based on an event that led to the payment of a claim under this Policy, you will include the amount of that claim in your legal claim against the third party, and will account to the company for any recovery from the third party
Sample 1

Related to Qualification, Misrepresentation and Fraud

  • Misrepresentation Any representation or statement made or deemed to be made by an Obligor in the Finance Documents or any other document delivered by or on behalf of any Obligor under or in connection with any Finance Document is or proves to have been incorrect or misleading in any material respect when made or deemed to be made.

  • Misrepresentations Borrower or any Person acting for Borrower makes any representation, warranty, or other statement now or later in this Agreement, any Loan Document or in any writing delivered to Bank or to induce Bank to enter this Agreement or any Loan Document, and such representation, warranty, or other statement is incorrect in any material respect when made;

  • Representation and Warranty The Executive hereby acknowledges and represents that he has had the opportunity to consult with legal counsel regarding his rights and obligations under this Agreement and that he fully understands the terms and conditions contained herein. Executive represents and warrants that Executive has provided the Company a true and correct copy of any agreements that purport: (a) to limit Executive’s right to be employed by the Company; (b) to prohibit Executive from engaging in any activities on behalf of the Company; or (c) to restrict Executive’s right to use or disclose any information while employed by the Company. Executive further represents and warrants that Executive will not use on the Company’s behalf any information, materials, data or documents belonging to a third party that are not generally available to the public, unless Executive has obtained written authorization to do so from the third party and provided such authorization to the Company. In the course of Executive’s employment with the Company, Executive is not to breach any obligation of confidentiality that Executive has with third parties, and Executive agrees to fulfill all such obligations during Executive’s employment with the Company. Executive further agrees not to disclose to the Company or use while working for the Company any trade secrets belonging to a third party.

  • Representation and Warranties Each Party represents and warrants that the execution, delivery and performance of this Agreement by it has been duly authorized by all necessary corporate and/or governmental actions, to the extent authorized by law.

  • Company Representations and Warranties The Company represents and warrants to and agrees with each Subscriber that:

  • Misrepresentation, Concealment or Fraud This entire policy is void if, whether before or after a loss:

  • FALSE STATEMENTS; BREACH OF REPRESENTATIONS The Parties acknowledge that this Agreement has been negotiated, and is being executed, in reliance upon the information contained in the Application, and any supplements or amendments thereto, without which the Comptroller would not have approved this Agreement and the District would not have executed this Agreement. By signature to this Agreement, the Applicant:

  • Truth of Representations and Warranties The representations and warranties made by the Purchaser in this Agreement or given on its behalf hereunder shall be substantially accurate in all material respects on and as of the Closing Date with the same effect as though such representations and warranties had been made or given on and as of the Closing Date.

  • REPRESENTATIONS AND WARRANTY 8.1 You represent and warrant that you and the Representative, will perform all activities relating to the Service:

  • Client Representations and Warranties You represent that you have the full legal power and authority to enter into this Agreement and that the terms of this Agreement do not violate any obligation or duty to which you are bound, whether arising out of contract, operation of law, or otherwise. If you are an entity (e.g., corporation, partnership, limited liability company, or trust), this Agreement has been duly authorized by the appropriate corporate or other action and when so executed and delivered shall be binding in accordance with its terms. You agree to promptly deliver such corporate resolution or other action authorizing this Agreement at our request. You acknowledge that you have provided us with the information set forth on the “Client Profile” (Exhibit C) and represent that such information is a complete and accurate representation of your financial position and of your investment needs, goals, objectives, and risk tolerance at the time of entering into this Agreement and warrant that you will promptly inform us in writing if and when such information becomes incomplete or inaccurate during the term of this Agreement. You also agree to provide us with any other information and/or documentation that we may request in furtherance of this Agreement or related to your investment needs, goals, objectives, and risk tolerance for the Account, either directly from you or through your designated attorney, accountant, or other professional advisers. You acknowledge that we are authorized to rely upon any information received from such attorney, accountant, or other professional adviser and are not required to verify the accuracy of the information.

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