Reputational Damage. (a) The Subcontractor shall provide the Services and perform all its other obligations arising under or in connection with this Agreement having regard to the standing and reputation of the Authority and, in particular, shall not do anything (by act or omission) that would, or would be reasonably likely to:
(i) damage the reputation of the Authority;
(ii) bring the Authority into disrepute;
(iii) attract adverse publicity to the Authority; or
(iv) harm the confidence of the public in the Authority.
(b) The Subcontractor shall, when providing the Services, pay due regard to the need for persons in a public service environment to observe the highest standards of efficiency, economy, courtesy, consideration and hygiene.
Reputational Damage. The Insurer shall indemnify Insured for Reputational Damage incurred during the Restoration Period that exceeds deductible as stated on the Declarations arising directly from a network outage sustained by the Insured and notified by the Insured to us in wirting, in accordance within section IV of this policy, during the policy period or any extended reporting period, if applicable, provided that such network outage occurred on or after the retroactive date. The total liability of the Insurer for which this coverage applies shall be $5,000 per Claim, subject to an aggregate limit of $5,000. The amount is part of and not in addition to the Policy Aggregate Limit. The Waiting Period and deductible stated on the Declarations Page will apply.
Reputational Damage. The Supplier shall provide the Services/Research and perform all its other obligations arising under or in connection with this Contract having regard to the standing and reputation of the Older People’s Commissioner and, in particular, shall not do anything (by act or omission) that would, or would be reasonably likely to: Damage the reputation of the Older People’s Commissioner; Bring the Older People’s Commissioner into disrepute; Attract adverse publicity to the Older People’s Commissioner; or Harm the confidence of the public in the Older People’s Commissioner.
Reputational Damage. Xxxxxx could experience reputational damage resulting from potential claims disputes and underwriting renewal actions that Xxxxxx may take in connection with the management of potential COVID-19 pandemic losses. Due to the evolving and uncertain nature of the COVID-19 pandemic, Xxxxxx cannot estimate its ultimate impact at this time. Depending on the scope and duration of the COVID-19 pandemic, the events described above may have a material adverse effect on Sirius’s results of operations, financial position and/or liquidity. Moreover, the potential effects of the COVID-19 pandemic could exacerbate the impacts of many other risk factors that Sirius identify in its 2019 Annual Report on Form 10-K, including, but not limited to, risks that can impact Sirius as a result of an economic downturn; potential litigation claims brought against Sirius; further losses from event cancellations in Xxxxxx’s contingency portfolio and other coverages from Xxxxxx’s reinsurance and insurance contracts; negative impact to revenues and earnings; and impairment of goodwill and intangible assets and potential valuation allowances on deferred tax assets. Since the COVID-19 pandemic is continuously evolving, the potential impacts to the risks related to Xxxxxx’s business that are further described in Sirius’s 2019 Annual Report on Form 10-K remain uncertain and new and potentially unforeseen risks beyond those described above and in Sirius’s 2019 Annual Report on Form 10-K may arise. Even after the COVID-19 pandemic subsides, the U.S. and world economies may experience a prolonged economic recession, in which event Xxxxxx’s results of operations, financial position and/ or liquidity may be materially and adversely affected. Xxxxxx writes reinsurance contracts and insurance policies that cover unpredictable catastrophic events. Covered unpredictable catastrophic events, predominantly in its property catastrophe excess line of business, include natural perils and other disasters, such as hurricanes, windstorms, earthquakes, floods, wildfires and severe winter weather. Catastrophes can also include terrorist attacks, explosions and infrastructure failures. Sirius has significant exposure to a potential major earthquake or series of earthquakes in California, the Midwestern United States, Canada, Japan and Latin America and to windstorm damage in Northern Europe, the Northeast United States, the United States Atlantic Coast (i.e., Massachusetts to Florida) and the United States Gulf ...
Reputational Damage
