Common use of SPECIAL AGREEMENTS Clause in Contracts

SPECIAL AGREEMENTS. Subject to the limits of liability stated in the Schedule, the Company shall not rely upon the validity of the Policy or the gross negligence of the Insured, or condition clause 7.1,7.2,7.3,7.4,7.5 or General Exclusions, except clause 2 of General Conditions as defense against a Third person to deny indemnity as mentioned in clause 1.1 of this section. Under Condition clause 7.6 and 7.7 the Company shall not refuse payment of compensation as mentioned in 1.1 and 1.2 of this section against the Third person. When indemnity has been paid by the Company, but it is found that the Company had no liability according to the law or according to the Policy Coverage Conditions as state in paragraph 1 and 2 in this clause, the Insured shall be personally liable to the Third Party. In this event the Insured shall be liable to reimbursement of the claim payment to the Company within 7 days from the day the insured received the requesting letter from the company.

SPECIAL AGREEMENTS. Subject to the limits of liability stated in the Schedule, the Company shall not rely upon the validity of the Policy or the gross negligence of the Insured, or condition clause 7.1,7.2,7.3,7.4,7.5 or General Exclusions, except clause 2 of General Conditions as defense against a Third person to deny indemnity as mentioned in clause 1.1 of this section. Under Condition clause 7.6 and 7.7 the Company shall not refuse payment of compensation as mentioned in 1.1 and 1.2 of this section against the Third person. When indemnity has been paid by the Company, but it is found that the Company had no liability according to the law or according to the Policy Coverage Conditions as state in paragraph 1 and 2 in this clause, the Insured shall be personally liable to the Third Party. In this event the Insured shall be liable to reimbursement of the claim payment to the Company within 7 days from the day the insured received the requesting letter from the company.. ENDORSEMENT