Common use of The Insured Clause in Contracts

The Insured. For the purposes of cover under clause 1.1, the Insured includes: (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 4 contracts

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

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The Insured. For the purposes of the cover under contemplated by clause 1.1, the Insured includesmust 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, 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 2 contracts

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

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The Insured. For the purposes of the cover under contemplated by clause 1.1, the Insured includes:must include, without limitation - (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 1 contract

Samples: Qualifying Insurer’s Agreement

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