Common use of Sole Agent Clause in Contracts

Sole Agent. By acceptance of this policy, the NAMED INSURED agrees to act on YOUR behalf with respect to: a. Exercising the option to purchase an Extended Reporting Period; b. The giving and receiving of notice of CLAIM(S) or cancellation; and c. The payment of premiums that may become due under this policy. Each of YOU agrees that the NAMED INSURED will act on YOUR behalf.

Appears in 3 contracts

Samples: Architects and Engineers Professional Liability Insurance Policy, Architects and Engineers Professional Liability Insurance Policy, Insurance Policy

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Sole Agent. By acceptance of this policy, the NAMED INSURED agrees to act on YOUR behalf with respect to: a. Exercising exercising the option to purchase an Extended Reporting Period; b. The the giving and receiving of notice of CLAIM(S) CLAIMS or cancellation; and; c. The the payment of premiums that may become due under this policy; and d. the payment of DEDUCTIBLES that may be- come due under this policy. Each of YOU agrees agree that the NAMED INSURED will act on YOUR behalf.

Appears in 1 contract

Samples: Professional Liability Insurance Coverage

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