SEVERAL LIABILITY NOTICE. The subscribing insurers' obligations under contracts of insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for the subscription of any co-subscribing insurer who for any reason does not satisfy all or part of its obligations.
Appears in 3 contracts
Samples: Insurance Policy, Insurance Policy, Association Liability Insurance Policy
SEVERAL LIABILITY NOTICE. The subscribing insurers' obligations under contracts of insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for the subscription of any co-co- subscribing insurer who for any reason does not satisfy all or part of its obligations.
Appears in 2 contracts
Samples: Insurance Policy, Insurance Binder
SEVERAL LIABILITY NOTICE. The subscribing insurers' ’ obligations under contracts of insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for the subscription of any co-subscribing insurer who for any reason does not satisfy all or part of its obligations.. LSW1001 (Insurance) (08/94)
Appears in 2 contracts
Samples: Insurance Agreement, Insurance Agreement
SEVERAL LIABILITY NOTICE. The subscribing insurers' ’ obligations under contracts of insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for the subscription of any co-subscribing insurer who for any reason does not satisfy all or part of its obligationsobligation.
Appears in 2 contracts
Samples: Purchase Agreement (American Airlines, Inc.), Purchase Agreement (Amr Corp)
SEVERAL LIABILITY NOTICE. The subscribing insurers' obligations under contracts of insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for the subscription of any co-subscribing insurer who for any reason does not satisfy all or part of its obligations.. 08/94 LSW 1001 (Insurance)
Appears in 1 contract
Samples: Storage Insurance Policy
SEVERAL LIABILITY NOTICE. The subscribing insurers' ’ obligations under contracts of insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for the subscription of any co-subscribing insurer who for any reason does not satisfy all or part of its obligations.
Appears in 1 contract
