Common use of SEVERAL LIABILITY NOTICE Clause in Contracts

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.

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.. 08/94 LSW 1001 (Insurance)

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.. LSW1001 (Insurance) (08/94)

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.