Common use of The Insured Clause in Contracts

The Insured. For the purposes of the cover contemplated by clause 1.1, the insured must include: (a) the insured firm; and (b) each service, administration, trustee or nominee company owned as at the date of occurrence of relevant circumstances by the insured firm and/or the principals of the insured firm; and (c) each principal, each former principal and each person who becomes a principal during the period of insurance of the insured firm or a company referred to in paragraph (b); and (d) each employee, each former employee and each person who becomes during the period of insurance an employee of the insured firm or a company referred to in paragraph (b); and (e) the estate or legal personal representative of any deceased or legally incapacitated person referred to in paragraph (c) or (d).

Appears in 9 contracts

Sources: Participating Insurer’s Agreement, Participating Insurer’s Agreement, Participating Insurer’s Agreement

The Insured. For the purposes of the cover contemplated by under clause 1.1, the insured must includeincludes: (a) the insured firm; and (b) each service, administration, trustee or nominee company owned as at the date of occurrence of relevant circumstances by the insured firm firm, and/or the principals of the insured firm; and (c) each principal, each former principal and each person who becomes a principal during the period of insurance of the insured firm or a company referred to in paragraph (b); and (d) each employee, each former employee and each person who becomes during the period of insurance an employee of the insured firm or a company referred to in paragraph (b); and (e) the estate or legal personal representative of any deceased or legally incapacitated person referred to in paragraph (c) or (d).

Appears in 6 contracts

Sources: Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement, Qualifying Insurer’s Agreement

The Insured. For the purposes of the cover contemplated by clause 1.1, the insured must include: (a) the insured firm; and (b) each service, administration, trustee or nominee company owned as at the date of occurrence of relevant circumstances by the insured firm and/or the principals of the insured firm; andand‌‌ (c) each principal, each former principal and each person who becomes a principal during the period of insurance of the insured firm or a company referred to in paragraph (b); and (d) each employee, each former employee and each person who becomes during the period of insurance an employee of the insured firm or a company referred to in paragraph (b); and (e) the estate or legal personal representative of any deceased or legally incapacitated person referred to in paragraph (c) or (d).

Appears in 1 contract

Sources: Participating Insurer’s Agreement

The Insured. For the purposes of the cover contemplated by clause 1.1, the insured must include: (a) the insured firm; and (b) each service, administration, trustee or nominee company owned as at the date of occurrence of relevant circumstances by the insured firm and/or the principals of the insured firm; and (c) each principal, each former principal and each person who becomes a principal during the period of insurance of the insured firm or a company referred to in paragraph (b); and (d) each employee, each former employee and each person who becomes during the period of insurance an employee of the insured firm or a company referred to in paragraph (b); and (e) the estate or legal personal representative of any deceased or legally incapacitated person referred to in paragraph (c) or (d).

Appears in 1 contract

Sources: Qualifying Insurer’s Agreement