Common use of Takeover of the Named Insured Clause in Contracts

Takeover of the Named Insured. In the event of a Takeover of the Named Insured, coverage under this Policy shall continue until this Policy expires or is otherwise terminated, but only with respect to Wrongful Acts or Crime Loss that takes place before the effective date of the Takeover, unless:

Takeover of the Named Insured. In the event of a Takeover of the Named Insured, coverage under this Policy shall continue until this Policy expires or is otherwise terminated, but only with respect to Claims for Wrongful Acts or Crime Loss that takes place occurring before the effective date of the Takeover, unless: