Common use of Successor Practice - ‘double insurance’ Clause in Contracts

Successor Practice - ‘double insurance’. If the Firm’s Practice is succeeded during the Period of Insurance and, as a result, a situation of ‘double insurance’ exists between two or more insurers of the Successor Practice, contribution between insurers is to be determined in accordance with the relative numbers of Principals of the owners of the constituent practices immediately prior to succession.

Appears in 4 contracts

Samples: Qualifying Insurer's Agreement, Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement

AutoNDA by SimpleDocs

Successor Practice - ‘double insurance’. If the Firminsured firm’s Practice practice is succeeded during the Period period of Insurance insurance and, as a result, a situation of ‘double insurance’ exists between two or more insurers of the Successor Practicesuccessor practice, contribution between insurers is to be determined in accordance with the relative numbers of Principals principals of the owners of the constituent practices immediately prior to succession.

Appears in 3 contracts

Samples: Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement

Successor Practice - ‘double insurance’. If the Firm’s Practice insured firm‟s practice is succeeded during the Period period of Insurance insurance and, as a result, a situation of ‘double ‗double insuranceexists between two or more insurers of the Successor Practicesuccessor practice, contribution between insurers is to be determined in accordance with the relative numbers of Principals principals of the owners of the constituent practices immediately prior to succession.

Appears in 3 contracts

Samples: Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement

Successor Practice - ‘double insurance’. If the Firm’s Practice is succeeded during the Period of Insurance and, as a result, a situation of ‘double insurance’ exists between two or more insurers of the Successor Practice, contribution between insurers is to be determined in accordance with the relative numbers of Principals of the owners of the constituent practices Practices immediately prior to succession.

Appears in 2 contracts

Samples: Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement

Successor Practice - ‘double insurance’. If the Insured Firm’s Practice is succeeded during the Period of Insurance and, as a result, a situation of ‘double insurance’ exists between two or more insurers of the Successor Practice, contribution between insurers is to be determined in accordance with the relative numbers of Principals of the owners of the constituent practices Practices immediately prior to succession.

Appears in 2 contracts

Samples: Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement

Successor Practice - ‘double insurance’. If The insurance may provide that, if the Firm’s Practice is succeeded during the Period of Insurance and, as a result, a situation of ‘double insurance’ exists between two or more insurers of the Successor Practice, contribution between insurers is to be determined in accordance with the relative numbers of Principals of the owners of the constituent practices immediately prior to succession.

Appears in 1 contract

Samples: Qualifying Insurer’s Agreement

Successor Practice - ‘double insurance’. If The insurance may provide that, if the Firminsured firm’s Practice practice is succeeded during the Period period of Insurance insurance and, as a result, a situation of ‘double insurance’ exists between two or more insurers of the Successor Practicesuccessor practice, contribution between insurers is to be determined in accordance with the relative numbers of Principals principals of the owners of the constituent practices immediately prior to succession.

Appears in 1 contract

Samples: Qualifying Insurer’s Agreement

AutoNDA by SimpleDocs

Successor Practice - ‘double insurance’. If the Firm’s Insured Firm‘s Practice is succeeded during the Period of Insurance and, as a result, a situation of ‘double ‗double insuranceexists between two or more insurers of the Successor Practice, contribution between insurers is to be determined in accordance with the relative numbers of Principals of the owners of the constituent practices Practices immediately prior to succession.

Appears in 1 contract

Samples: Qualifying Insurer’s Agreement

Successor Practice - ‘double insurance’. If the Firm’s 's Practice is succeeded during the Period of Insurance and, as a result, a situation of 'double insurance' exists between two or more insurers of the Successor Practice, contribution between insurers is to be determined in accordance with the relative numbers of Principals of the owners of the constituent practices immediately prior to succession.

Appears in 1 contract

Samples: Qualifying Insurer's Agreement

Successor Practice - ‘double insurance’. If The insurance may provide that, if the Firm’s Practice is succeeded during the Period of Insurance and, as a result, a situation of ‘double insurance’ exists between two or more insurers of the Successor Practice, contribution between insurers is to be determined in accordance with the relative numbers of Principals of the owners of the constituent practices Practices immediately prior to succession.

Appears in 1 contract

Samples: Qualifying Insurer’s Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!